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Globalpedia

Expand your global workforce in SvEl Salvador

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Population

6,602,370

Languages

1.

Spanish

Country Capital

San Salvador

Currency

United States dollar (USD; since 2001)

EOR Default Thumbnail

Employer of Record in El Salvador.

G-P provides employer of record services for customers that want to hire employees and run payroll without first establishing a branch office or subsidiary in El Salvador. Your candidate is hired via G-P’ El Salvador PEO in accordance with local labor laws and can be onboarded in days instead of the months it typically takes otherwise. The individual is assigned to work on your team, working on your company’s behalf exactly as if he or she were your employee to fulfill your in-country requirements.

7Holidays per year
44hours per weekWorking hours per day or month
Payroll Default Thumbnail

Payroll in El Salvador.

El Salvador is a Central American country that’s home to more than 6 million people as well as one UNESCO World Heritage Site — Joya de Ceren. The country has plenty of natural resources and connections to other countries and continents. These characteristics make it a great place for companies looking to expand in South America.

Hiring in SvEl Salvador.

When you need to recruit and hire employees for your parent company, where do you turn? Maybe you post your listings on industry job boards, or you reach out to people on LinkedIn. It may not be possible to use the same practices in El Salvador, so how do you hire El Salvador employees while taking care of so many other tasks?

Compensation & Benefits in El Salvador.

Your El Salvador compensation and benefits plans are key to making sure you retain your talented employees and attract them to your company in the first place. Plus, you can ensure that you stay compliant by meeting the country’s minimum wage and providing all the relevant statutory benefits. But do you know which benefits you need to provide and what employees are likely to expect?

NoneMinimum wage per month
15daysAnnual vacation leave (min)
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El Salvador Subsidiary.

Your starting point for an expansion to El Salvador is setting up a subsidiary. Your company’s subsidiary will give you the legal authority to work in the country, and you can begin operations as soon as you officially register. However, getting to that point can take weeks or months of hard work, a significant amount of money, and time you could instead use to start working.

Work visas & permits in El SalvadorTypes of work visasRequirements to obtain a visaApplication processImportant considerations

El Salvador Visas & Permits.

El Salvador is the smallest but most densely populated country in Central America. With a tropical climate, developing economy, and use of the US dollar as currency, the country is an attractive location for companies looking to establish a presence in that part of the world. However, there are challenges to global expansion, including how to get a work visa and permit in El Salvador for all foreign employees.

Disclaimer

THIS CONTENT IS FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE LEGAL OR TAX ADVICE. You should always consult with and rely on your own legal and/or tax advisor(s). G-P does not provide legal or tax advice. The information is general and not tailored to a specific company or workforce and does not reflect G-P’s product delivery in any given jurisdiction. G-P makes no representations or warranties concerning the accuracy, completeness, or timeliness of this information and shall have no liability arising out of or in connection with it, including any loss caused by use of, or reliance on, the information.

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