Our Expertise
Managing a global workforce in the El Salvador
Tap into our deep understanding of Salvadoran employment regulations to ensure your business operations are compliant and effective, reducing risk and enhancing your strategic focus.
Extensive expertise
Our team of experienced, knowledgeable staff collectively provide up-to-date employment information across 180 countries, so you can always get accurate advice.
Entity-free employment
Feel free to hire employees from all over the world without being weighed down by setting up entities, running complex payroll or recruiting a hiring team.
Payroll without hassle
Have the confidence that your staff will always be paid accurately and on time, so that you can focus on your core business activities and work towards your success.
Always-on support
Access helpful, relevant, personalised advice whenever you need it, along with expert-led recruitment policies and tried-and-tested HR best practices.
"With TopSource we were able to have employees hired or maintained in Nutreco without having to establish an entity in these countries for only 1-2 employees. I think most countries are covered by TopSource, so they can help us with almost all cases. Good advice on conditions and direct contact with employees. Invoicing done directly to the company. An easy process compared to hiring employees by ourselves."
Annette van Duijnhoven
”We searched the market for a local payroll vendor in 2014 and we chose TopSource as our partner. We were looking for error-free and timely payroll processing and TopSource Worldwide delivers this, saving us time and money. We have worked together for 8 years now and would recommend them to anyone."
Praveen Lihinar
Personalised Employer of Record services in El Salvador
TopSource Worldwide offers personalised Employer of Record (EOR) services tailored to meet the specific needs of your business in El Salvador. This includes handling employee onboarding, payroll processing, tax compliance, employee benefits management, and HR support. Our EOR services ensure that your business meets all legal and regulatory requirements, providing a hassle-free solution to manage your El Salvador-based employees.
End-to-end El Salvador payroll services
Looking to expand into El Salvador? Our unparalleled expertise in global payroll services ensures that your business can seamlessly navigate the complexities of payroll on a global scale, supporting your El Salvadorian expansion initiatives.
Global entity management
Venturing into the El Salvadorian market can be both exciting and challenging. With distinct business regulations, cultural nuances, and economic landscapes, it's essential to have a clear roadmap for your business establishment journey.
Accounting
Whether your goal is to process your purchase-to-pay transactions with minimum errors or manage your expense claim procedure, our team of experts can handle your accounting responsibilities, allowing you to focus on your core business and save time and money.
Global EOR services
Managing a diverse global workforce can be complex. This is where TopSource steps in as an invaluable employer of record services partner for companies seeking to expand their global reach while ensuring compliance with local employment laws and regulations.
Global Expansion Simplified
How to do business in El Salvador
Entering the El Salvadorian market presents a mix of excitement and challenges. Given unique business regulations, cultural intricacies, and economic dynamics, a well-defined roadmap is crucial for a successful business establishment.
TopSource Worldwide is with you at every stage. Whether it's navigating local regulations or facilitating seamless operational transitions, our expertise ensures a swift and efficient process for establishing your business in El Salvadorian.
El Salvadorian Insights
Key insights into the El Salvador's landscape
VAT rates: El Salvador applies a standard VAT rate of 13% on most goods and services.
Ease of Doing Business rank: El Salvador has been making efforts to improve its ease of doing business, focusing on enhancing its investment climate.
Consumer Confidence Index: Consumer confidence in El Salvador fluctuates, often reflecting the broader economic conditions and policy changes.
Employee maternity/paternity leave: Maternity leave in El Salvador is granted for up to 12 weeks, and paternity leave is currently set at 3 days, showing a commitment to supporting working families.
Employee termination period: Termination notice periods in El Salvador vary by employment contract, but typically employers must provide at least 15 days’ notice.
Employee salary pay date: Employees in El Salvador are generally paid on a bi-weekly or monthly basis, as commonly agreed upon in employment contracts.
Bank holidays: El Salvador recognizes numerous public holidays, which are important for employers to consider in planning and operations.
Our author
Mark Robbins
Global Sales and Marketing Director at TopSource Worldwide
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Published 2023-11-14 00:00:00
Updated 2023-11-15 00:00:00
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