How to stay compliant

Employer-of-Record (EOR) in Antigua and Barbuda: Do You Need One?

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How to stay compliant

Employer-of-Record (EOR) in Antigua and Barbuda: Do You Need One?

So you want to hire someone in Antigua and Barbuda. Problem is, your company is located somewhere else.

If you’ve done some research, you’ve probably been told you should be using an Employer-of-Record (EOR). Why? Well, if your company isn’t located in Antigua and Barbuda, using an EOR can help you bypass the traditional obstacles to hiring full-time employees.

But there’s a catch: EOR solutions in Antigua and Barbuda are expensive—usually at least $500 per month per employee—and can take time to set up. And because you’re complying with a different set of labor laws, logistics and benefits can end up costing you lots of time and money. While they will save you time from setting up your own Antiguan and Barbudan entity, they’re rarely cheap or fast.

The good news? There’s another way to hire remote workers in Antigua and Barbuda, and it doesn’t involve forking out huge amounts of money for an EOR.

The solution: Hire your teammates in Antigua and Barbuda as contractors. If you’re hiring remotely and your teammates have autonomy, there’s a good chance you can make compliant contractor hires. You still have to use locally-compliant contracts, but the process is a lot easier, more affordable, and faster.

We built Thera to help you make contractor hires, in 150+ countries (like Antigua and Barbuda). So you can hire the people you wanton your team, without paying thousands for an EOR. You can get set up in a couple of clicks—and you’ll only pay $49 per contractor per month.

It’s just as easy as it sounds. No catch. Here’s what Thera looks like vs. an EOR in Antigua and Barbuda:

Everything you should know about using an EOR in Antigua and Barbuda

Are you considering hiring independent contractors abroad for your business? If so, it's important to understand the legal and regulatory conditions specific to the country you're considering. In Antigua and Barbuda, using an Employer of Record (EOR) can be a complex process. In this post, we'll break down everything you need to know about using an EOR in Antigua and Barbuda, and why hiring an independent contractor might be a simpler option.

What is an EOR?

An EOR is a third-party service provider that acts as an employer for your company's workers. The EOR handles payroll, taxes, benefits, and compliance with local labor laws, while your company retains control over the day-to-day work of the employees. This can be a useful option for companies that want to expand their operations into new countries without setting up a legal entity.

Legal and Regulatory Conditions in Antigua and Barbuda

In Antigua and Barbuda, there are several legal and regulatory conditions that must be met in order to use an EOR. First, the EOR must be registered with the Antigua and Barbuda Social Security Board and must comply with local labor laws. Additionally, the EOR must obtain a work permit for each employee, which can be a time-consuming process. Finally, the EOR must with hold and remit taxes on behalf of the employee, which can be a complex and confusing process.

Why hiring an independent contractor might be easier

Given the legal and regulatory conditions specific to Antigua and Barbuda, hiring an independent contractor might be a simpler option for your business. Independent contractors are responsible for their own taxes and compliance with local labor laws, which can save your company time and money. Additionally, hiring an independent contractor can be a more flexible option, as you can negotiate the terms of the contract directly with the worker.

What if I accidentally misclassify my contractors?

We’ve got two pieces of good news for you. For one, if you’re hiring remotely, it’s unlikely you’ll misclassify your contractors. Many of the things that qualify people as employees, such as company equipment and set working hours, don’t typically apply to remote work.

Still, it’s helpful to have the comfort of knowing you’re not at risk for misclassification. That’s why, at Thera, we’ve launched Misclassification Assurance: so you can hire contractors abroad, worry-free. Learn more about hiring with Thera below.

Hiring contractors? Thera can save you a ton of time

If you’re hiring contractors, you’re probably spending too much time on their payroll, contracts, and tax documents. Which is why we built Thera, which saves you 90% the time you spend on contractor paperwork each month.

With Thera, you can compliantly hire your contractors in 150+ countries, onboard them in minutes, and pay them all at once (in a click). It’s global contractor payroll, finally simplified.

Sound interesting? Click here to book a demo and see the platform firsthand.

Run your global workforce on autopilot with Thera

Book a demo to get started.