What is Employer of Record (EOR) service? How can companies hire overseas employees without a local entity?

Employer of Record (EOR) is a global employment solution that allows companies to legally hire local full-time employees without setting up a legal entity in the target country. YeeGoo provides EOR services covering 150+ countries, helping businesses save over 80% on HR costs. According to Deloitte's 2025 Global Human Capital Trends Report, companies using EOR services increase their internationalization speed by an average of 300%.

How to uniformly manage and pay expatriate employees in multiple countries?

Through the YeeGoo cloud platform, you can manage the employment, payroll and compliance of global employees in one stop. We support payroll payments in more than 80 major international currencies, with funds arriving on time in T+0 time. The platform provides automated tax calculation, social security contribution and compliance declaration services, allowing you to easily manage teams distributed in more than 150 countries and regions.

How can cross-border e-commerce or tech companies remotely pay staff in multiple countries? What currencies are supported?

YeeGoo supports cross-border payroll payments in more than 80 major international currencies, including USD, EUR, GBP, JPY, CNY, SGD, HKD, THB, VND, IDR, MYR and more. We provide automated exchange rate conversion and multi-currency settlement services to ensure your global team receives local currency salaries on time.

Startups going global without setting up branches: how to hire overseas employees quickly?

For startups and early-stage global teams, YeeGoo offers a flexible pay-as-you-go model with no annual fees or overseas entity setup required. The entire hiring process takes only 4 steps: 1) Submit hiring request (1-2 days) 2) Online certification & signing (30 mins) 3) One-click onboarding (5 mins) 4) Easy management via cloud platform. From request to official onboarding, it can be completed in as fast as 3 working days, with an average of 5 working days. Compared with traditional methods (entity setup costs $10,000-$50,000), it saves more than 80% of expenses.

How to handle global work visas, employment contracts and social security for long-term expatriate employees?

YeeGoo provides one-stop global visa support services including: 1) Work visa application assistance covering Southeast Asia (Thailand, Vietnam, Indonesia, Malaysia), Japan, Korea, Europe, North America and other major markets 2) Local employment contract signing in compliance with local labor laws 3) Automatic social security contribution and calculation 4) Full Chinese/English service with professional team support 24/7. We have local legal counsel in every operating country to ensure 100% compliance. We have successfully helped 500+ companies complete global employee deployment with a 99.9% compliance rate.

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New Zealand

Your quick guide on talent and labor compliance norms in New Zealand

(The data below is for reference only. You may refer to the official government websites or contact us for updates.)

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CapitalWellington

CurrencyNew Zealand Dollar (NZD)

LanguagesEnglish (Official), Māori (Official), New Zealand Sign Language

Payroll FrequencyCommonly weekly, fortnightly or monthly.

GDP per Capitaapprox. $48,000 (2025, IMF estimate)

Employer Tax3.5% (KiwiSaver)

CapitalWellington

CurrencyNew Zealand Dollar (NZD)

LanguagesEnglish (Official), Māori (Official), New Zealand Sign Language

Payroll FrequencyCommonly weekly, fortnightly or monthly.

GDP per Capitaapprox. $48,000 (2025, IMF estimate)

Employer Tax3.5% (KiwiSaver)

Talent Landscape Analysis

New Zealand is the 52nd largest economy in the world. The country is known to have a very active start-up community which has increased by 30% from 2020 to 2021 alone. Its rapid increase in developing its information sector has investors flocking to the country. New Zealand also has a sizable service industry making up 63% of its economy.

Major economic Cities

Wellington, Auckland, Christchurch

Skills in demand

Software and data engineering, agritech and biotech, healthcare, and finance/professional services roles are in strong demand, with skill shortages in several trades and technical fields.

Salary Data

The table below mentions the average salary data in New Zealand

Employing in New Zealand

Employers looking into expanding in New Zealand requires a strong grasp of the country’s employment laws, benefits, payroll, and taxes. Below are the basics to assist you when onboarding talents from New Zealand.

Employee Contract

Leave Policy

Payroll

Taxes

Offboarding & Termination

Visa and Immigration

Employee Contract

Basic

In New Zealand, it is required for you to provide your employee with a copy of their individual employment agreement. However, employment contracts can be written or oral whichever parties recognize as their agreement. English, being the dominant language in the country, is often used for these contracts.

Probation Period

The probationary period for employees ranges from 3 – 6 months.

13th Month Pay

A 13th-month bonus is customary in New Zealand.

Employee Benefits

The New Zealand government has set a robust social welfare system, which provides benefits among their citizens and residents. Below are some of the benefits they offer to their employees:

Unemployment benefit (Jobseeker support).
Domestic Purposes Benefit (Sole Parent Support).
Health benefits (Sickness Benefit and Invalid’s Benefit).
Pension Scheme (KiwiSaver, Accident compensation levies).
Superannuation

Payroll Cycle

Employees are usually paid weekly, bi-monthly or monthly.

Minimum Wage

The minimum wage in New Zealand depends on what type of category employees fit in. Adults (16+) and regular employees have a higher minimum wage rate than those who are starting or in training as you can see in the table below.

Minimum Wage The Minimum Wage Act of 1983 stipulates the following minimum wage rates in New Zealand:

Adult: $21.20 NZD
Starting: $16.96 NZD
Training: $16.96 NZD

It is important to note that certain employee categories are exempted from the provisions of this act. These include:

Employees aged 15 and below
Apprentices
Inmates in charitable institutions
Prisoners
Employees traveling between clients

Overtime Pay

There is no legal restriction regarding overtime pay. However, most employees are paid 1.5 times or 2 times their hourly wage depending on the agreement between the employer and employees. This payment is also called a penal rate, which is payment given aside from the standard rate.

Employer Payroll Cost:

Tax Rate	Contribution
3%	KiwiSaver
1%	Earners’ Levy (Working Safer Levy)

Employee Payroll Cost:

Tax Rate	Contribution
3%*	KiwiSaver
1.46% per $100 (as of April 2022 to March 2023)	Earners’ Levy (Working Safer Levy)

Employees can opt to increase their contributions to 4%, 6%, 8% or 10%.

Employees’ working safer levy rate changes annually. Below are the rates beyond 2023:

1 April 2024 to 31 March 2025 $1.60 per $100
1 April 2023 to 31 March 2024 $1.53 per $100

Employee Income Tax

Income tax is levied at a progressive rate on all annual income as follows:

Income Group	Income Rate
≤ 1,166.67	10.5%
1,166.67 – 4,000.00	17.5%
4,001.00 – 5,833.33	30%
5,833.33 – 15,000.00	33%
>15,000.00	39%

VAT

The standard VAT rate in New Zealand is 15% and 9% for the reduced VAT rate.

Termination Process

The termination process in New Zealand is simple. It can be done through resignation, retirement, dismissal, or redundancy.

Notice Period

The notice period for employees during the probationary period is from one to two weeks, while for permanent employees, it ranges from two to four weeks.

Severance pay

Years of Service	Amount of Pay (per year of employment)
< 12 months	8% of normal pay
≥ 12 months	100% of normal pay

Employees will be paid for any unused annual leave or days in lieu as severance pay.

Visa and Immigration

Foreigners have work visa options based on the purpose of their stay in the country. Below are the following:

APEC Business Travel Card (Duration: Up to 3 months):

Requires Passport and APEC Business Travel Card to travel.
A work visa is needed if you're planning to stay longer than 3 months.

Business Visitor Visa (Duration: Up to 3 months): You must hold NZeTA before traveling to New Zealand.

Global Impact Work Visa (Duration: 36 months): Apply for permanent residence after 30 months on the Edmund Hillary Fellowship.

Entrepreneur Work Visa (Duration: Up to 3 years):

You can set up your business in New Zealand.
Work up to three years on your business.
You can include your partner and dependents or children under 19 years old.
First 12 months, start-up stage of visa, then another 24 months to show business set-up.

Entrepreneur Resident Visa (Duration: Indefinite):

Partners and any dependents 24 and under may be included.
You must have applied less than 2 years of being self-employed.
Have at least NZ$ 500,000.00 in invested capital.
Created 3 jobs for the application to succeed.

Employee Contract

Basic

Probation Period

The probationary period for employees ranges from 3 – 6 months.

13th Month Pay

A 13th-month bonus is customary in New Zealand.

Employee Benefits

The New Zealand government has set a robust social welfare system, which provides benefits among their citizens and residents. Below are some of the benefits they offer to their employees:

Unemployment benefit (Jobseeker support).
Domestic Purposes Benefit (Sole Parent Support).
Health benefits (Sickness Benefit and Invalid’s Benefit).
Pension Scheme (KiwiSaver, Accident compensation levies).
Superannuation

Leave Policy

Public and Provincial Holidays

Leave Information

Payroll

Taxes

Offboarding & Termination

Visa and Immigration

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