How to hire a remote worker
based in British Indian Ocean Territory

Global hiring is a tough challenge. With our hiring guide, you can see all possibilities you have for hiring a remote worker based in British Indian Ocean Territory.

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Multiplier

Multiplier is a leading global employment solution that is focused on rebalancing the demand and supply of global employment. To help businesses overcome the legal hurdles of hiring global talent, Multiplier is helping companies compliantly employ talent across any market without the need to establish a legal entity. It also simplifies the employment process by taking charge of the complexities involved in handling the payroll, employment contracts, taxes, and benefits while complying with employment laws, both local and global. The company works with customers from across the globe today, with its roots in the Asia Pacific region. Users can manage global payroll, provide benefits, insurance and tackle compliance with ease starting at $300 per employee per month and $40 per freelancer per month. In geographies where businesses have their own entities, Multiplier helps companies manage payroll for their employees starting at $20 per employee per month.

 

Positives

  • Easy-to-use self-register platform 
  • Legally compliant and instant contracts 
  • Manage Payroll and Benefits starting at $20 per employee /month 
  • Manage Freelancer Payments at $40 per freelancer / month
  • Facilitate ESOPs and  Cryptopayments 
  • 24/7 support guaranteed 
  • GDPR, SOC2 and ISO27001 compliant 
  • Entities across 150+ countries

Negatives

  • Flat and Transparent pricing may not be fancy
  • Expense Management and Time-off
    Modules are not separately
    charged modules

Available in

🌍 Worldwide!

Deel

Deel is a payment solution and management software for remote teams that are planning to onboard remote employees in the form of contractors. The issue that Deel solves here is establishing legally compliant contracts with everyone and running payroll, making sure that everyone gets paid on time, no matter where they are.

Compared to running your own payroll, this obviously comes at a cost. However, the cost is substantially lower than a EOR (employer of record) solution and starting at just $50/month.

Positives

  • less overhead
  • simple, cheap pricing
  • legally compliant

Negatives

  • no local employee benefits
  • cost scales per contract

Available in

🌍 Worldwide!

Independent contractor

The catch-all solution to hiring remote workers is to do so as independent contractors. ICA (Independent Contractor Agreements) are usually simple and short contracts that are legally compliant in some form or another in any country of the world.

The important distinction here is that independent contractors are not legally employed as employees. In their respective jurisdictions, your employees may therefore not be legally protected under employment laws, but are self-employed.

Positives

  • extremely simple to set up
  • cheap to set up and run
  • no legal overhead for company

Negatives

  • not protected as employee
  • higher overhead and cost for employee
  • missing local perks and pension regulations

Available in

🌍 Worldwide!

Local sub-corporation

The legally compliant way to hire employees in any country of the world is to set up a sub-corporation in said country. Depending on the country, this is easier said than done and often needs local representation. It's therefore only realistic to do if you are planning on quickly hiring a larger team in a specific country or are already working with a big workforce in a specifc country.

Positives

  • legally compliant
  • possible worldwide
  • employee protection

Negatives

  • expensive
  • large overhead and operational cost

Available in

🌍 Worldwide!

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