Employer of Record platforms in Portugal
Strategically located at the intersection between USA and Europe, Portugal has access to some of the world’s major markets and has been increasing its business activities due to its nearshore location. On an annual basis, Portugal experiences a yearly growth rate of 5.8% of its GDP, with the IT sector representing an astounding 10% of this GDP growth.
Portugal’s tech sector is an interesting development due to its dynamic and innovative nature. Aided by its high-quality engineering talent at a competitive price, a population with a high English language literacy (compared to Italy, Spain, and France), and a highly-skilled workforce, Portugal is a favorite destination for global organizations.
While there are many reasons why Portugal is an incredible country to expand into, building a team in Portugal requires an adept understanding of the country’s employment laws. Navigating the legal landscape can be a challenging and time-consuming process. However, partnering with an Employer of Record Portugal platform can simplify the process and facilitate your rapid expansion plans into the country.
This article outlines some of the best Employer of Record Portugal platforms for global expansion.
Skuad is a Global Employment and Payroll Platform that facilitates hiring employees and contractors for organizations in Portugal and over 160 other countries without setting up a subsidiary or entity. Skuad also enables companies to onboard talent, pay employees, manage payroll, and ensure compliance with Portuguese employment laws and regulations.
- Skuad enables the hiring of contractors and full-time employees for organizations in Portugal without setting up a subsidiary.
- Organizations can onboard talent easily and build a distributed team with Skuad’s global employment and payroll platform in a few days.
- Skuad’s employment and payroll platform processes workforce payments in 100+ currencies and ensures optimal exchange rates without hidden fees.
- Skuad’s global employment and payroll platform enables accurate and fast payments to employees and contractors with its powerful dashboard.
- Skuad has features that help organizations calculate employment costs, send locally compliant contracts, and sponsor work permits in Portugal with Skuad’s employment and payroll platform.
- Skuad ensures you remain fully compliant with the Portuguese employment laws and tax regulations.
Safeguard Global is an Employer of Record Portugal platform that enables organizations to hire from anywhere and centralize pay data for a strategic advantage without setting up a subsidiary. Safeguard Global helps organizations expand into Portugal with no hassles and helps them hire and pay them quickly.
- Safeguard Global’s centralized global payroll solution gives organizations in-depth insights into workforce costs.
- Safeguard Global helps organizations hire contractors and full-time employees without setting up an entity.
- Safeguard Global’s framework helps organizations plan and manage their global workforce.
- You can pay employees anywhere with Safeguard Global’s agile payroll solution.
Shield GEO is a global hiring platform committed to providing efficient Employer of Record Portugal solutions, enabling business expansion into Portugal.
- Organizations can hire, pay and build remote teams in Portugal without setting up an entity with Shield GEO.
- Shield GEO helps companies onboard talent and handle the complete legal responsibilities for the employees.
- Shield GEO enables payroll management, administration of benefits, and tax filing for organizations in Portugal.
- Shield GEO handles all legal risks and responsibilities by ensuring compliance with the Portuguese local employment laws.
Globalization Partners is an Employer of Record Portugal platform that helps organizations to build teams and a global workforce in Portugal within hours without setting up subsidiaries. With Globalization Partners, organizations can hire employees with its AI-driven global employment platform.
- Organizations can hire, pay, and manage teams in Portugal without setting up subsidiaries or entities.
- Globalization Partners enable companies to onboard talent and take total legal responsibility for the employees.
- Organizations can carry out payroll management, benefits administration, and tax filing on behalf of employees in Portugal with Globalization Partners.
- Globalization Partners takes care of all legal risks and responsibilities by ensuring compliance with the Portuguese local employment laws.
Building a team in Portugal is a profitable and worthwhile business endeavor. The incredible business climate and wealth of highly skilled professionals are attractive perks for every organization. However, expanding into Portugal can be a challenging and time-consuming process. But by partnering with an Employer of Record Portugal platform like Skuad, organizations can build a team and hire skilled professionals in Portugal efficiently.