What are EOR?

EOR, or Employer of Record, is a service that allows companies to outsource their employment responsibilities for workers in a specific location. The EOR handles various HR functions, such as payroll, benefits, compliance with local labor laws, and tax obligations, allowing businesses to focus on their core operations. This arrangement is particularly useful for companies looking to hire internationally or in regions where they do not have a legal entity established. By using an EOR, businesses can mitigate risks and streamline the hiring process.