Velocity Global

Overview

Products and services

• Employer of Record (EOR) services
• Global payroll management
• International benefits administration
• Contractor management solutions
• Global mobility and immigration support
• Entity setup and management

Business problems addressed

• High cost and complexity of establishing foreign legal entities
• Difficulty managing compliance with local labor and tax laws
• Challenges in processing global payroll across multiple currencies
• Administrative burden of international benefit administration
• Risks associated with international worker misclassification

Key benefits and capabilities

• Global reach across numerous countries
• Automated payroll processing engine
• Customizable benefit packages for diverse regions
• Centralized dashboard for workforce management
• Local legal and HR compliance expertise
• Multi-currency support

Frequently asked questions

What is an Employer of Record?

An Employer of Record serves as the legal employer for your workers in a foreign country, handling compliance, taxes, and payroll while the client manages day-to-day operations.

Does Velocity Global require me to open my own entities?

No, one of the primary functions of their service is to allow businesses to operate internationally through existing infrastructure, avoiding the need for individual entity registration.

Can I use these services for independent contractors?

Yes, they provide dedicated solutions for managing and paying independent contractors globally to ensure consistent compliance.