Capital
N/A
Currency
N/A
Languages
N/A
Payroll Frequency
N/A
GDP per Capita
N/A
Employer Tax
N/A

Global PEO in Sri Lanka

Hiring and recruiting new employees may be very taxing. Naturally, you will only want to recruit the finest applicant for the position when you are starting from scratch with a firm. 

Furthermore, these ideal workers are frequently found abroad. However, this does not imply you have to pass on hiring them because they live in an other nation. 

Hiring a worker who resides in Sri Lanka may seem impossible, particularly if your company is a start-up or small enterprise with headquarters overseas. 

However, it’s not. Professional employer organizations (PEO) in Sri Lanka, such as Marzuna, really facilitate overseas hiring—they don’t merely make it feasible.

What is a PEO?

In essence, a professional employer organization (PEO) assists businesses in hiring workers from anywhere in the globe, independent of the location of the business or the personnel. A PEO will assist you if you wish to add a team member who resides in Sri Lanka. 

A PEO handles all of the HR duties that firms have, such as managing payroll, setting up competitive benefit plans, negotiating foreign tax legislation, and making sure that all local laws in Sri Lanka are followed. 

In addition to managing paystubs, perks, deductions, and taxes, a PEO service in Sri Lanka satisfies local statutory employer obligations. PEOs handle the tiresome and unpleasant aspects of international hiring, freeing up enterprises to concentrate on what matters most: attracting top personnel and expanding the business. 

By hiring people from all over the world, small companies may establish themselves and prosper in a global economy by partnering with a PEO. Bring the finest individuals on board, don’t allow location—which is rather arbitrary—stand in the way!

What does it cost to build a team in Sri Lanka?

Sri Lankan Company Incorporation:

Creating your own local law company is one strategy to employ in Sri Lanka. In theory, it appears to be a reasonably priced choice; the average cost to register and launch a firm is $500 USD. 

However, keep in mind the other costs that will start to appear: setting up a physical address, employing local attorneys and HR specialists to draft contracts, booking flights to and from Sri Lanka for any necessary correspondence, bank fees, and mandatory taxes. and that’s only the start.

As an alternative, you may collaborate with a PEO in Sri Lanka. 

PEO in Sri Lanka:

You may start using Marzuna for free at any moment. 

We can help you onboard and pay foreign workers with our PEO services in Sri Lanka, which start at only $19 per employee per month. Our more comprehensive employer of record services in Sri Lanka sees us recruiting foreign workers on your behalf. We then handle compliance, payroll, and benefits; the monthly cost for this service is $199.

Want to book in for a demo?

We would be happy to speak with you if Marzuna seems like a suitable fit for your company. Make an appointment for a free demo right now, and we’ll go over how everything works.