Do We Need to Use Companio Work if Our Employees Are Registered with Local Companies in Their Countries of Residence?
No, you do not need to use Companio Work if you already have another company or business registered in the local country of your employees, which handles their social security, taxes, and compliance.
In this scenario, payments for those employees must be processed by the local entity in their respective countries, and your Estonian company should not pay salaries to them.
However, if you wish to simplify your administrative processes and reduce associated costs, we recommend considering closing the local entity and re-employing your workers through Companio Work for your Estonian company.
In this scenario, payments for those employees must be processed by the local entity in their respective countries, and your Estonian company should not pay salaries to them.
However, if you wish to simplify your administrative processes and reduce associated costs, we recommend considering closing the local entity and re-employing your workers through Companio Work for your Estonian company.
Updated on: 29/09/2023
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