Hire Remote (Employer of Record)
This pillar allows companies to build a dedicated local team without the immediate need for a legal entity,. Under this Employer of Record (EOR) model, UBIK handles employment contracts, payroll, taxes, and local compliance.
The primary functions of UBIK as an EOR include:
1. Legal Employment and Compliance
UBIK assumes full operational responsibility for the legal aspects of employment. This includes:
• Drafting and managing employment contracts that strictly adhere to Taiwan’s Labor Standards Act.
• Ensuring strict compliance with shifting local regulations to protect the client from legal risks.
• Managing the entire employee lifecycle, from initial onboarding and contract signing to eventual offboarding or transition.
2. Comprehensive Payroll and Tax Management
UBIK handles the financial complexities of maintaining a remote workforce so the client can focus on business growth. Their functions include:
• Payroll Processing: Calculating and distributing salaries while managing daily expense reports.
• Tax Coordination: Preparing, filing, and settling all local payroll taxes on behalf of the client.
3. Statutory Benefits and Insurance
A critical function of the EOR is providing local employees with a sense of security through mandatory benefits, UBIK ensures employees are legally covered by:
• Labor Insurance.
• Health Insurance.
• Pension Contributions.
4. Strategic Flexibility and Transition Support
The EOR model serves as a market entry strategy that provides an immediate local presence with zero administrative burden. UBIK also facilitates the long-term evolution of a business by:
• Supporting growth: Helping to expand the team from a single hire to a full operational staff.
• Internalization: Managing the smooth, risk-free transition from EOR to a fully incorporated local entity when the company is ready to internalize its operations.