As Africa’s economy strengthens, the continent is attracting multi-nationals from all corners of the globe looking to benefit from this growth. Expanding your business into these new territories is an exciting yet challenging endeavour. To establish new offices as quickly and efficiently as possible, most companies will send some of their existing employees out to help with the set-up.
However, expatriate payroll management requirements can be complex to get right. Your company has to make sure that all expat employees stay legislatively compliant in their home countries as well as their new country of work. While legislative compliance can be difficult to achieve, it is possible.
What’s more, time zones and borders no longer inhibit operations and any size business can expand and integrate their operations around the world with greater success. Smaller businesses are consequently facing the same challenges as large multi-nationals, inevitably requiring an expat payroll. Whether you are currently running an expat payroll or simply preparing for the possibility of an expansion in the future, PaySpace can provide you with the correct tools to establish your global payroll.