With a favorable tax environment and a rapidly growing economy, the United Arab Emirates (UAE), a federation composed of seven regions and more than 9 million people in the Middle East, has transformed over the years to become an attractive market for businesses from around the world. As the country continues to grow, it offers a free market economy that is welcoming to foreign investments. Furthermore, a host of multi-national organizations across industries such as technology, transportation, communication and retail have already successfully expanded their operations into the UAE. (more…)
Canada offers global businesses immense opportunity. The country’s strong economy and well-educated workforce gives employers access to opportunities and key talent across a variety of industries. Getting new employees paid, however, is no easy undertaking.
As discussed in Part I of this series, ascertaining and keeping up with compensation and recordkeeping regulations can be far from straight-forward. Rules often vary across the country’s ten provinces and three territories. In addition, there are federal regulations to contend with – those specific to certain industries as well as those affecting Canada broadly. Such dispersion of power makes it difficult for employers to swiftly track and adopt important policies changes within their organizations. And, of course, failing to comply with relevant regulations can result in hefty fines, unnecessary lawsuits and potential embarrassment for employers. (more…)
Due to its strong economy and well-educated workforce, Canada attracts businesses from all over the world. Though the opportunity to establish operations in the country is exciting, it also can be quite daunting. Why? Because it is so time-consuming to keep pace with the changing payroll regulations that vary across the country’s ten provinces and three territories. Moreover, structuring payroll operations incorrectly could result in fines or lawsuits — causing unnecessary costs and potential embarrassment for employers. (more…)
Since our inception, CloudPay has strived to achieve a few key objectives: to be attentive to customer care, to remain responsive to market needs and to be pioneering and innovative. To meet these goals, we rely on a global team of professionals who share the same passion for transforming global payroll and payments into a streamlined, transparent and compliant process for today’s growing multi-national organizations. (more…)
Establishing successful business operations in the U.S. is possible for multi-national corporations that can navigate the country’s tricky employment and compensation laws. As outlined in our first post about payroll success in the U.S., the biggest challenge for companies may very well be keeping track of the many state regulations that differ from federal laws. Employers typically must comply with whichever of the two regulations benefits workers the most. In addition to understanding labor and compensation laws, global organizations also must be aware of their obligations when it comes to tax, social security and Medicare withholdings. (more…)
Boasting the largest economy in the world, the U.S. provides global organizations access to both a robust customer base as well as the skilled talent necessary to fulfill a company’s business requirements. Multi-national companies may find it quite easy to establish U.S.-based operations now, due to recent reductions in trade barriers. Where some get tripped up, however, is in making sense of the complex regulations that govern employment and payroll in the U.S. (more…)
For the growing multi-national organization, Australia provides a very welcoming business environment and access to a large, well-educated workforce. But establishing operations in the country is not without its share of challenges. As discussed on the previous post in this series, Australia has complicated taxation laws, made all the more challenging by several changes introduced for 2015. And as more companies expand to the country to leverage its strong economy, understanding these new regulations is essential for success. (more…)
As the business world continues to shrink, companies increasingly expand their operations to new locations – and Australia has emerged as one of the most welcoming destinations. Not only does the country provide access to a large consumer base and highly educated and qualified workforce, but its strategic location makes it easier to leverage the growing economies of Southeast Asia. And with a business culture similar to those in the West, multi-national organizations can expand to the region without the typical cultural and language barriers typically encountered. (more…)
CloudPay is on a singular mission – to create market-leading technology and use our payroll expertise and knowledge to revolutionize payroll and payments for multi-national organizations. A proven innovator in the field, offering the world’s only cloud-based platform for integrated global payroll and payments, we’ve introduced more unique solutions and capabilities that continue to lead the market and set the pace. As our journey continues, we reflect back on the past year, which was characterized by rapid growth and success.
Since our inception, CloudPay has been focused on leading the world in global payroll innovation. It is this pioneering spirit that has enabled us to emerge as the world’s only cloud-based platform for integrated global payroll and payments. But we’re not satisfied and we won’t ever be… we’ll continue to develop innovative advancements in the payroll industry, bringing new efficiencies and streamlining processes for what used to be an incredibly complex function. (more…)