The situation: Complexities of hiring without established entities
As Biocartis expanded globally, they encountered challenges hiring in countries where they didn’t have entities. Managing payroll, compliance, and legal requirements in new regions was complex, since each country has its own set of unfamiliar regulations. This made it difficult to navigate local tax and legal compliance, slowing Biocartis’ ability to enter and operate in new markets.
The solution: Scaling faster with G-P
Recognizing the need for a faster and more scalable approach, Biocartis explored alternatives to the traditional entity setup, which was costly and time-consuming. Biocartis turned to their trusted payroll provider, SD Worx, who recommended G-P as a reliable Employer of Record (EOR) solution to streamline the process. While Biocartis had previously worked with another Swiss-based EOR, it quickly became clear that G-P offered a broader range of expertise and more flexibility in employing talent across a wider variety of countries.
Initially, Biocartis leveraged G-P’s EOR solution to establish a compliant hiring process in Ireland while SD Worx set up a permanent payroll system. Seeing the efficiency and flexibility of G-P’s services, Biocartis expanded hiring in Thailand, where managing compliance and legal requirements was even more complex. G-P’s expertise allowed Biocartis to onboard talent quickly and focus on its core business, rather than administrative hurdles.
