Global Employment Organization (GEO)

A global employment organization (GEO) is a company which operates employers of record (EORs) in multiple countries. GEOs assist companies looking to hire employees in countries other than their domicile. They do this by hiring employees on behalf of companies via their EORs.

By enlisting the services of a GEO, a company can avoid having to open subsidiaries in foreign countries in which it hires employees. Because EORs specialize in tax and compliance in their countries of domicile, using GEOs helps companies and their employees to avoid legal compliance issues.

Because a single GEO typically operates EORs in multiple countries, it provides a one-stop solution for hiring employees in all of the countries it represents.

More on this topic:
Professional employer organization (PEO)

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Daniel Dreier is editor and personal finance expert at moneyland.ch.

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