Professional Employer Organisation (PEO) versus Employer of Record (EOR)
TG Group is a Recognised Global Employer of Record, also known as a Professional Employer Organisation (PEO) – these two terms are used interchangeably, and both refer to a service that covers human resource activities such as payroll outsourcing, international recruitment and more.As a PEO service provider, we assist in kick-starting your business expansion plans with our comprehensive suite of solutions that work end-to-end. International expansion benefits much from our solution as you focus on strategic, profit-generating business activities.
Understanding if an international PEO service provider or foreign entity is for you
Our international PEO service in Malaysia helps businesses with market expansion by reducing the risks, costs and complex processing required in establishing a foreign entity. While some companies may establish a foreign entity by engaging independent contractors, this method proves to be risky and expensive, leading to penalties if the processes are not followed compliantly.To know if you should engage in a PEO service company in Malaysia or set up a foreign entity, answer the following questions:
- Are you certain of the business potential and returns of the foreign market?
- Are you familiar with the local labour regulations?
- Can your current HR team manage the additional team in the foreign market?
- Do you have an extensive global expansion budget?
If most of your answers are “no” or you are unsure, it is best to utilise a PEO service in Malaysia. If you have answered yes, then it is best you establish a foreign entity.
Making the right PEO service selection in Malaysia for your company needs
Choosing a PEO service provider in Malaysia is crucial for companies wanting to venture into other countries. TG Group offers a broad suite of solutions that covers everything you need to start your operations overseas.We are one of the top and largest PEO companies with 100 years of human capital experience in both the B2C and B2B landscape. Our extensive network of partners and regional presence in more than 50 countries allow companies to expand seamlessly and surpass geographical boundaries, especially those brought upon during these unprecedented times.With our strong expertise and proven track record in employing, onboarding, and managing a global workforce, our PEO HR service in Malaysia effectively addresses complex HR workforce problems and optimises expansion strategies during the new normal.As your PEO service provider, we will become your Global Employer of Record for tax purposes while administratively managing every aspect of recruitment, contract administration, payroll processing, benefits management, and retention. Get started and make an inquiry with us today.