PEOComprehensive and Customized Solutions to Your HR, Payroll, Benefits, and Compliance needs
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PEO (Professional Employer Organization)
- global staffing solution without setting up an entity
PEO, an offshore hiring solution, enables an investor onboard a local team very quickly in an oversea market . In PEO solution, you can hire an employee in multiple locations without the investment costs associated with setting up a company. This also helps you to side-step the need to manage complex foreign regulatory employment matters .
In what scenarios is PEO applied as better hiring solution?
–When you need to hire before setting up a legal entity: traditionally, establishing or expanding a presence in China requires that a company or a representative office should be legally registrered, which is the precondition to hire people. However, in some situations, this approach is slow, costly or may not offer the advantages needed for a company to realize its objectives in China efficiently.
–When you need to keep your team after deregistration of a legal entity: when it comes to be costly and risky to keep a legal entity in China, you need to be deregister the entity and but still keep a presence in the market with your own team. An access to more flexible and affordable remote talent hiring becomes essential to your international operations.
Our Services
Acting as employer of record, Sinovest can support you with,
Employment and onboarding
Labor contract, personnel filing, ongoing HR and administrative support etc.
Payroll Processing
We manage the payroll process for all of the locations across China where your staff is based. Regardless of different regulations and compliance requirements in different zones in China. Integrated payroll services tailored on a case-by-case basis including attendance, leave and OT management, expense and claims management etc.
Compliance and Risk Control
Work-related injury claims, Dispute resolution, Supplement for a vacancy during the Maternal and medical leave, Dismissal of incompetence, Compensation and damages related to employment agreement, etc.
Benefits of PEO
Get to Market Faster
Hire local employees and enter new markets within days.
Lower Cost Expansion
Avoid the larger and premature costs associated with investing in the establishing and managing of an overseas corporation – until the timing makes sense to do so.
Be in Compliance
Easily comply with country-specific labor laws and practices and minimize the compliance risks associated with an overseas employment relationship.
Lower Risk Entry
Test one or many markets and then scale as required – hedge against fast growing but challenging business environments.
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Countrywide specialists with an abundance of knowledge of local tax and social security requirements in different regions in China;
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Professional advisors ensure a legal, fiscal and administrative compliance;
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Dedicated on-site team to guarantee an accurate operation from signing the labor contract to the termination, going through the whole employment lifecycle;
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Multi-language team structures an effective communication between headquarter and teams in different countries/regions;
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Locally based structure offers a competitive price with a high quality of delivery
Frequently Asked Questions
Sinvoest will hire your employees as a legal employer in China. We will take care of HR affairs. It is not mandatory for you to register a company.
PEO services allow you to hire and terminate employees fast with low risks. It brings much flexibility for a global business organization to extend business in China. You can consider PEO services when,
- Your clients want you to offer services very fast when they extend their business to China.
- You are not sure if the business will grow in the future.
- Your business enters China first time.
