HSP Group collaborates with specialized partners in the diverse global expansion solutions market, combining efforts to propel shared customer success. Aligning with leading organizations on the international stage, HSP implements a streamlined, turnkey approach that ensures seamless operations, strict adherence to local regulations, and consistent standards across targeted expansion regions, for all of our often shared clients and customers.
We help some of the leading Employer of Record (EoR) providers in the world optimize their client growth and retention with a turnkey EoR-to-Entity solution. Our approach ensures a fluid, managed transition for your customers as they make this transition, with minimal risk and maximum efficiency.
We also assist with transitioning these former EoR employees to their new client-owned employer, compliant with all in-country employee and employer requirements, and delivered with optimal efficiency and requisite HR support, including the provision of our world-class consulting and advisory services as needed.
Global Payroll Vendors
We help some of the world’s leading payroll firms extend their offerings to help enhance their customer’s overall satisfaction, and speed up the timeframe from a backlog to an active engagement. Specializing in swiftly establishing entities, activating interim payrolls if needed, and project managing global implementations, we ensure a seamless and efficient process for your customers, solidifying your position as a reliable global payroll vendor. In addition, as needed we offer outsourced, expert client-side Project Consultants to help improve a payroll implementation or transition. Acting as an extension of your customers’ internal project team, we collaborate with you and your customer to implement robust, fast and efficient global payroll solutions.
When audit clients require non-audit support relative to their global footprint, too often this can lead them to pursue an engagement with a direct competitor. As an alternative, HSP works with many of the leading global accounting firms to facilitate swift and compliant international expansion solutions delivered by a business partner versus a competitor. Offering payroll, tax compliance, cash management, bookkeeping, legal entity management and HR support, we take care of the non-audit multinational needs of your valuable audit clients.
When your multinational clients require non-legal services, you are often the first port of call for a solution, which is typically outside your area of expertise or interests. Working with HSP, we can help support the swift and compliant international expansion requirements that your clients need additional assistance with. Offering accounting, payroll, tax, and HR infrastructure, we empower them to concentrate on business growth.
Private Equity and Venture Capital
HSP focuses specifically on the provision of our global expansion solutions to the types of high-growth portfolio companies our PE and VC partners invest in. In addition, we offer the market’s leading suite of “operational readiness” solutions that ensure success with a global carve-out transaction that are routinely needed in a buy-side deal. We help with the diligence and planning of these cross-border M&A transactions, followed by the execution of all post-acquisition operational requirements. Our solutions include setting up the new employment entities and related registrations, hiring or transferring the impacted employees and their required benefits, running payroll, fulfilling local employer obligations and supporting the ongoing financial and legal requirements of these typically NewCo businesses.
13 Costly Mistakes to Avoid when Expanding to the United States
Despite its business-friendly reputation, entering the US market inevitably involves navigating a sea of rules and regulations that in many cases are unique in comparison with other locations.
Relocating at a Time of Crisis
War, unrest, political tensions, repression and corruption can suddenly present global businesses and their employees with issues, such as urgent relocations, sorting out visas and dealing with complex rules and regulations. So how can businesses move quickly to help their employees at a time of crisis, as well as plan for emergencies in the future?