Velocity Global, a leading expert in global workforce solutions, has announced significant expansions to its international operations. The company has successfully established new entities in El Salvador and Georgia, while also securing a Haken business license in Japan to ensure continued compliant operations in the country.
This strategic expansion comes at a time when the demand for a global workforce continues to grow, driven by companies seeking to fill specialized positions, enter new markets, or support mergers and acquisitions. The move by Velocity Global addresses the increasing need for compliant and efficient solutions in managing international workforces.
Georgia, with its growing economy and strategic location between Europe and Asia, presents an attractive market for companies looking to expand their operations in the region. El Salvador, on the other hand, offers a favorable business climate with modernized foreign trade operations, improved infrastructure, and a new legal framework that promotes and protects foreign investment.
Laura Isaza, Vice President of Subsidiary Management and Corporate Governance at Velocity Global, emphasized the importance of compliance in international business operations. ‘Companies looking to engage talent in new markets must comply with local rules and regulations, in addition to unwritten rules and employee expectations. There are pitfalls around every corner,’ Isaza stated. She further added that compliance has always been a cornerstone of Velocity Global’s business model.
The company’s Global Work Platform™ integrates with other leading HR technologies to provide a comprehensive solution for hiring, paying, and managing employees worldwide. This cloud-based technology, combined with Velocity Global’s in-depth legal and HR expertise in over 185 countries, offers a robust, self-serve platform for businesses expanding globally.
In Japan, Velocity Global’s acquisition of a Haken license marks a significant step in ensuring the most compliant way to provide Employer of Record (EOR) services in the country. The Haken system in Japan is subject to strict government scrutiny, with all employee hiring documents reviewed and approved by the Ministry of Labor to certify compliant operations.
This expansion and focus on compliance demonstrate Velocity Global’s commitment to being a trusted partner for businesses seeking to build borderless workforces. By providing compliant solutions for engaging global talent, the company enables its customers to focus on driving meaningful business value.
The implications of Velocity Global’s expansion are significant for businesses looking to tap into international talent pools or expand their operations globally. With the increasing complexity of international labor laws and regulations, having a reliable partner that ensures compliance can be crucial in avoiding costly legal and reputational risks.
For job seekers in El Salvador and Georgia, this expansion could potentially open up new opportunities to work for international companies. It also signifies growing interest from global businesses in these markets, which could lead to increased foreign investment and economic growth.
As the global economy continues to evolve and remote work becomes more prevalent, services like those offered by Velocity Global are likely to play an increasingly important role in shaping the future of work. By facilitating compliant international hiring and management, such services can help break down barriers to global talent acquisition and business expansion.
Interested parties can learn more about Velocity Global’s solutions at www.velocityglobal.com. The company’s platform combines seamless technology with local expertise in over 185 countries, simplifying the process of compliantly hiring, paying, managing, and retaining talent anywhere in the world.
This news story relied on a press release distributed by News Direct. Blockchain Registration, Verification & Enhancement provided by NewsRamp™. The source URL for this press release is Velocity Global Expands Operations to El Salvador and Georgia, Enhances Compliance in Japan.