While the pandemic has disrupted business operations across the globe, Latin America is emerging as a promising destination and many companies are setting their sights on the region. More and more, companies are keen to understand what they need to know when expanding in Latin America from an employment perspective and how obligations and risk vary from jurisdiction to jurisdiction. This material provides some baseline guidance for employers to set the stage and answers questions such as the following:
- What are the risks associated with a PEO-type of engagement in Latin America?
- When a company is considering expanding in Latin America and does not have a local subsidiary yet, is it possible to have a consulting or independent contractor agreement directly with the foreign entity?
- What other types of worker engagement may a company consider in the region when they have no local presence yet?