Explanation:
International PEOs are instrumental for businesses looking to expand globally without the burden of establishing a legal presence in each new country. They allow companies to focus on their core operations while the PEO manages HR functions.
Practical Example of an International PEO:
A Canadian tech start-up uses an International PEO service to hire developers in India and Germany. The PEO manages all HR-related tasks, including payroll, tax deductions, and compliance with local employment laws, while the start-up focuses on its product development.
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