End-to-End Employer of Record Services for the Falkland Islands
Hire employees in the Falkland Islands with expert Employer of Record services
Employing in the Falkland Islands
Navigating the employment landscape in the Falkland Islands can be complex. With TopSource Worldwide, simplify your expansion with our comprehensive Employer of Record services. Experience seamless hiring, legal compliance, and payroll management, tailored to the Falkland Islands' unique employment regulations.
Contents
Our Expertise
Managing a global workforce in the Falkland Islands
Expand your business in the Falkland Islands with confidence. Our seasoned professionals offer localized knowledge and comprehensive support for all your employment needs
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.
Global Employee Cost Calculator
Estimate the cost of your new hire with our calculator. Simply enter their location and salary information in to this handy tool to see what will be spent in employment costs each month.
TESTIMONIALS
Hear from our clients about our EOR solutions in the Falkland Islands
"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
”TopSource Worldwide has a detailed and methodical onboarding process that made it easy for us to get set up and running with our UK employees. They were able to take the worry out of trying to comply with all local laws and regulations. Because they have this knowledge we do not have to research on our own and hope we are in compliance. This has saved us hours of time and gives both the company and employees a sense of security."
Supervisor
Personalised Employer of Record services in the Falkland Islands
TopSource Worldwide offers personalised Employer of Record (EOR) services tailored to meet the specific needs of your business in the Falkland Islands. 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 the Falkland Islands-based employees.
End-to-end the Falkland Islands payroll services
Looking to expand into the Falkland Islands? Our unparalleled expertise in global payroll services ensures that your business can seamlessly navigate the complexities of payroll on a global scale, supporting your Falkland Islands expansion initiatives.
Global entity management
Venturing into the Falklander 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 the Falkland Islands
Entering the Falklander 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 the Falkland Islands.
Falkland Island Insights
Key insights into the Falkland Island's landscape
VAT rates: There is no VAT in the Falkland Islands or any equivalent.
Bank holidays: New Year's Day- 1st of January. Good Friday- 29 March 2024. Queen's Birthday- 21 April. Liberation Day- 14 June. Spring Holiday- 07 October. Battle Day- 08 December. Christmsas Day- 25 December.
Employee maternity/paternity leave: Mothers are entitled to six weeks of full pay during maternity leave, but in reality most employers offer a more comprehensive maternity leave agreement, often up to 12 weeks of full pay, then potentially half or reduced pay further into the maternity leave. Fathers are usually entitled to up to two weeks at reduced pay.
Employee termination period: Notice shall be not less than 1 week if their period of continuous employment is less than 2 years. Shall be not less than 1 week's notice for each year of continuous employment if their period of continuous employment is 2 years or more but less than 12 years. And shall be not less than 12 week's notice if the employee's employment lasted longer than 12 years.
Employee salary pay date: Employees on the Falkland Islands are paid on a monthly basis and Topsource Worldwide employees receive their salary on the final day of the month. Weekly pay is also common in the farming and oil and gas industries.
Employ and pay anywhere
Specialising in multi-country payroll solutions
TopSource Worldwide offers comprehensive payroll outsourcing services, ensuring seamless and accurate management of your organisation's payroll functions. With cutting-edge technology and a team of experienced professionals, we handle payroll processing, tax compliance, and regulatory requirements with precision.
Calculate Your Employer of Record Taxes in Seconds
Employment Cost Calculator in the Falkland Islands
Our Employment Cost Calculator simplifies complex tax calculations for global businesses. Accurately assess tax obligations, ensuring compliance with local regulations. Streamline payroll management effortlessly with our user-friendly tool, providing transparency and efficiency in international workforce taxation.
In addition to calculating your EOR taxes, our calculator can also help you:
- Understand the different types of EOR taxes
- Stay up-to-date on the latest changes to EOR tax regulations
- Avoid penalties for non-compliance
Our author
Mark Robbins
Global Sales Director
Mark is the Sales Director at Topsource Worldwide. He has been a pioneering figure in the global expansion space since 2013. He is the first salesperson to sell EOR services in Europe, a feat he accomplished in 2013.
Published 2023-11-14 00:00:00
Updated 2023-11-15 00:00:00
Reviewed by:
Adrian Cooney
Fact checked by:
Adrian Cooney
Employer of Record FAQ
Frequently Asked Questions about Falklander employment solutions
What is an Employer of Record in the Falkland Islands?
An Employer of Record (EOR) is a professional services provider that assumes the responsibility of being the legal employer for a company's workforce in the Falkland Islands. This entails managing tasks such as payroll processing, tax withholding, benefits administration, and ensuring compliance with local labour laws and regulations.
How do global employment services work?
Global employment services operate as a comprehensive solution for businesses seeking to expand their workforce across borders. These services, often provided by Employer of Record (EOR) companies like TopSource Worldwide, streamline the complexities of international employment.
What are the benefits of working with an Employer of Record in the Falkland Islands?
Employer of Record companies assume the legal responsibilities associated with employment, alleviating the burden of compliance, payroll, and HR management in the Falkland Islands. This allows companies to expand globally without the complexities of establishing legal entities in each location.
What is the difference between EOR & PEO?
An EOR acts as the legal employer, handling tasks like payroll, tax compliance, and benefits administration. This allows companies to expand internationally without establishing legal entities. On the other hand, a PEO shares employer responsibilities with the client company, often co-employing workers.
How are employer payroll taxes calculated in the Falkland Islands?
Calculating employer payroll taxes involves understanding the various taxes associated with employing workers and complying with tax regulations in the Falkland Islands. Key components include federal and state income taxes, Social Security, Medicare, and unemployment taxes.
What global employment solutions does TopSource offer?
TopSource Worldwide facilitates hassle-free global expansion by acting as the legal employer, handling payroll, tax obligations, and HR responsibilities. With expertise in global entity management, TopSource assists businesses in navigating the intricacies of legal structures across borders.