UK businesses of all shapes and sizes are currently looking to expand overseas in a bid to capitalise on increased revenue opportunities in new marketplaces. In fact, since the seismic Brexit vote and US election results, 42% of UK businesses are now more inclined to expand their operations overseas, with emerging markets becoming increasingly attractive to 63% of businesses according to Dubai Multi Commodities Centre (DMCC).
Businesses deciding to follow traditional processes when expanding into a new market though – especially in countries that have significant cultural differences to the UK – face a complex set of challenges. But help is at hand in the form of an Employer of Record (EOR) service provider.
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