Employer of Record in the Nordics
Recruitment agencies encounter numerous challenges in today’s dynamic job market, and one significant hurdle is placing contractors overseas. Cool Company, serving as an Employer of Record (EOR) in both Sweden and Norway, presents invaluable benefits for recruiters seeking to expand their operations and deploy contractors in these regions.
As a provider of Employer of Record (EOR) services in Sweden and Norway, we facilitate the hiring process for companies or recruitment agencies operating internationally without a legal entity in these countries. Our role involves employing individuals locally to carry out work in Sweden or Norway, while the overall direction of the assignment remains with the contracting company or agency. Legal obligations pertaining to employment are managed by us as the EOR in Sweden and Norway.
The contractor gap
The booming green industry in Sweden and Norway presents a wealth of opportunities to fill positions with qualified contractors. As companies seek to expand their workforce to meet the demands of the growing green sector, recruiters play a crucial role in sourcing, vetting, and placing top talent in relevant roles.
With a proven track record, we’ve successfully handled contractors for over 500 leading enterprises and recruitment firms. Here’s just a glimpse of our valued clientele
How can Cool Company support in the Nordic market?
Cool Company serves as your trusted ally in navigating the Nordic markets, ensuring strict adherence to local labor and employment regulations in Sweden and Norway. Acting as your Employer of Record, we take charge of the administrative and legal aspects related to placing and employing contractors. This includes but is not limited to, managing employment contracts, assignment agreements, insurance, payroll services, tax reporting to authorities, and aiding in the onboarding process.
Compliance, Flexibility, and Support
Through collaboration with Cool Company, businesses can seamlessly navigate the complex legal and tax frameworks of Sweden and Norway. We assume the role of the formal employer, handling payroll administration, benefits management, and ensuring compliance with local labor laws and regulations. This arrangement not only guarantees adherence to legal obligations but also minimizes the risks associated with legal liabilities and tax responsibilities.
Furthermore, Cool Company’s profound expertise in these markets enables businesses to concentrate on their core operations without being encumbered by administrative intricacies.
Key considerations
Expanding into new territories demands meticulous selection of an Employer-of-Record (EOR) partner, vital for operational success and compliance in international markets. Key factors to consider:
- International Management: Verify legitimacy of companies with international boards for a strong operational foundation.
- Auditor Comments: Scrutinize auditor remarks, especially regarding tax compliance and data management practices, to avoid potential mismanagement.
- Financial Projections: Beware of overly optimistic financial estimates leading to unexpected tax liabilities for contractors mid-project.
- Legal Expertise: Ensure EORs understand evolving tax laws, like the economic employer concept in Sweden, to prevent tax-related risks.
Selecting the right EOR involves evaluating track record, legal compliance, financial integrity, and expertise in managing international employment scenarios. Prioritizing ethical practices safeguards projects and fosters success in new markets.
Ready to get in touch?
Contact Cool Company to learn more about us as your EOR partner in Sweden and Norway