A French employer of record (EOR) offers a number of advantages for a foreign company wishing to operate in a country other than its head office. Discover what a French umbrella company is.
Here are just a few of them
- Simplicity of administration: French employer of record avoids the complexities of setting up a subsidiary or branch office. The foreign company can concentrate on its core business, without having to deal with complex administrative aspects.
- Access to a local market: By using a French employer of record company, a foreign company can enter a new market more quickly and easily, by relying on a local player who knows the country’s economic and regulatory specificities.
- Limited liability: Financial and legal liability is largely transferred to the portage salarial company. This limits the risks for the foreign company.
- Optimized costs: By avoiding the costs associated with setting up a permanent structure (offices, salaries, social security contributions, etc.), using a French umbrella company can be more economical.
- Legal security: Portage salarial companies take care of contract management, invoicing and compliance with legal and tax obligations, reducing the risk of non-compliance.
- Ease of human resources management: A French employer of record company simplifies human resources management, as all employee-related issues (contracts, payroll, vacations, etc.) are handled by the freelance administration company.
- Rapid implementation: The process of setting up a portage salarial’s contract is generally faster than setting up a conventional business, enabling the foreign company to begin operations quickly.
In short, a French employer of record company can be an attractive solution for foreign companies wishing to expand into a new market, while minimizing risks and administrative complications.
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