Question 1

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

Accepted Answer

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%.

Question 2

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

Accepted Answer

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.

Question 3

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

Accepted Answer

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.

Question 4

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

Accepted Answer

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.

Question 5

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

Accepted Answer

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.

Scheme	Employer’s Contribution
Pensions Fund	8.88%
Additional Pension Insurance	3%
General Disease and Maternity Fund	2.10%
Unemployment Fund	0.60%
Accident at Work and Occupational Diseases Fund	0.4-1.1%
Health Insurance	4.80%

Scheme	Employer’s Contribution
Pensions Fund	5.92%
Additional Pension Insurance	2%
General Disease and Maternity Fund	1.40%
Unemployment Fund	0.40%
Accident at Work and Occupational Diseases Fund	-
Health Insurance	3.20%

Category	Income Tax Rate
Income from employment relationships	10%
Income from business activity as a sole proprietor as well as other business activities	15%
Income from dividends and liquidation shares	5.00%
Income from interest on bank accounts	8.00%
Income of non-resident persons from a source inside Bulgaria	10%
Income from any cash prizes and merchandise awards awarded at competitions and contests which are not provided by an employer or a commissioning entity	10.00%

Scheme	Employer’s Contribution
Pensions Fund	8.88%
Additional Pension Insurance	3%
General Disease and Maternity Fund	2.10%
Unemployment Fund	0.60%
Accident at Work and Occupational Diseases Fund	0.4-1.1%
Health Insurance	4.80%

Scheme	Employer’s Contribution
Pensions Fund	5.92%
Additional Pension Insurance	2%
General Disease and Maternity Fund	1.40%
Unemployment Fund	0.40%
Accident at Work and Occupational Diseases Fund	-
Health Insurance	3.20%

Basic

Probation Period

13th Month Pay

Employee Benefits

Payroll Cycle

Minimum Wage

Overtime Pay

Employer Payroll Cost:

Employee Payroll Cost:

Employee Income Tax

VAT

Termination Process

Notice Period

Severance pay

Visa and Immigration