Where You Can Run Payroll for International Employees with Deel

Today’s enterprise organizations are more geographically diverse than ever before. Our research from Deel’s State of Global Hiring Report shows that, in 2022, APAC companies hired globally at the fastest rate of all regions, while LATAM is the hottest region to hire from.

These global teams need a smooth payroll process to ensure all international workers are paid accurately and on time, no matter their location. Deel simplifies this task by centralizing hiring, payroll, and compliance for your global workforce in a single platform. 

In this article, we walk you through how and where you can use Deel to process payroll for international employees.

Benefits of running international payroll with Deel

Streamlined onboarding for international employees

Deel’s intuitive onboarding process delivers a hassle-free experience for global team members. From collecting necessary documentation to setting up payment preferences, Deel accelerates the onboarding journey, allowing employees to focus on their roles instead of paperwork.

The Onboarding plugin for Slack enables you to easily assign employee onboarding tasks based on location and department without them leaving the app. Pair it with the 1-on-1 plugin, and you get a user-friendly solution for scheduling meetings, drafting agendas, and tracking talking points, enhancing communication throughout your team.

Deel’s Workflow Builder further enhances the onboarding process by automating essential payroll and compliance tasks tailored to the employee’s location and contract type. The platform’s Manager Overview feature provides real-time visibility into task completion, so nothing falls through the cracks, with the additional support of a dedicated client onboarding manager.

See also: How to Streamline Employee Onboarding and Offboarding with Deel

Automated payroll calculations and tax deductions

By eliminating the need for manual calculations and paperwork, Deel’s automated payroll software transforms how enterprise businesses manage their workforce compensation.

Deel calculates employee wages, tax withholdings, and deductions, simplifying complex tax calculations that vary by country. This automation ensures compliance with tax regulations, avoiding costly mistakes that manual calculations may entail. Deel also simplifies tax filing, payroll record-keeping, and employee benefits management, with 68+ integrations for HR and bookkeeping tools so you can sync your entire tech stack.

Not only does Deel save time and reduce stress for HR departments by automating wage calculations, but it also lowers payroll management costs by reducing the need for in-house payroll managers. The payroll system accelerates payroll processing time, ensuring employees receive their payments on time even when they’re absent, reduces the chance of human error, and enhances data security, providing encryption and compliance with data protection standards worldwide.

See also: How Deel’s Automated Payroll Can Optimize Your Payroll Process

Compliance assurance with country-specific regulations

Keeping up with labor laws and regulations across different countries can be overwhelming. Deel is equipped with a deep understanding of international employment laws, handling payroll and employment compliance to prevent costly mistakes and legal complications:

• Worker classification: Ensuring full-time employees and independent contractors fit the correct classification criteria, eliminating the risk of misclassification in foreign markets
• Worker eligibility: Confirming employees are legally eligible to work in their region
• Tax withholding and reporting: Withholding and reporting the correct taxes for employees, as per their local employment laws and payroll laws
• Payments: Ensuring workers are paid correctly and on time, following their local government payroll regulations
• Wages and hours: Ensuring employees are earning minimum wage and are meeting the mandated work hour requirements
• Wage withholding: Withholding the correct amounts of wages from employees’ pay for child support and garnishments
• Depositing funds: Depositing the necessary funds to the correct government agencies
• Filing taxes: Filing the correct tax forms to government agencies

See also: Payroll Compliance Checklist and Tax Law Guide for 2023

Integrated payments and currency conversions

With Deel, enterprise companies can make international payments to foreign employees’ bank accounts in their local currencies, reducing currency conversion fees and ensuring accurate and timely salary disbursement. When it comes to exchange rates, Deel incorporates a Forward Rate into invoices to ensure there are no surprises when it comes to payments.

Deel supports 120+ currencies for contractor payments, and contractors have access to 8 withdrawal options. International contractors can receive their funds via Deel Card, Deel Instant Card Transfer, Coinbase, PayPal, Payoneer, Revolut, Local Bank Transfer, and International Bank Transfers/SWIFT.

Employer of record (EOR) clients just need to approve expenses and bonuses and let our in-house payroll team take care of local taxes, payroll taxes, withholdings, deductions, and benefits for you. On payday, employees receive a direct deposit in their local currency as well as a full payslip.

Clients can fund their Deel accounts in the following currencies: AUD, BGN, BRL, CAD, CHF, COP, CZK, DKK, EUR, GBP, HUF, JPY, MXN, MYR, NOK, NZD, PLN, RON, SEK, SGD, TRY, USD, USDC, ZAR

See also: How to Pay Different Types of Remote Workers in Multiple Countries

Real-time visibility into payroll data and reporting

Transparency is key to effective payroll management. Deel provides real-time visibility into payroll data and generates insightful reports, enabling you to make informed decisions and maintain a clear overview of your global team’s compensation and payroll costs:

• Gain insights into the global costs of your entire workforce with ease
• Keep track of your headcount historically and globally
• Access payroll reports to optimize your payroll management efficiency
• Personalize dashboards to ensure reports are easily accessible to any audience.

Where can you run global payroll with Deel?

Deel Global Payroll is currently available in the countries listed below. Some conditions apply in select countries. For example, Deel may be able to provide global payroll services but cannot make global payroll payments on behalf of clients. 

• Albania
• Argentina
• Armenia
• Australia
• Austria
• Bangladesh
• Belgium
• Brazil
• Bulgaria
• Cambodia
• Cameroon
• Canada
• Chile
• China
• Colombia
• Costa Rica
• Cote D’Ivoire
• Croatia
• Cyprus
• Czech Republic
• Denmark
• Dominican Republic
• Ecuador
• Egypt
• Estonia
• Ethopia
• Finland
• France
• Georgia
• Germany
• Ghana
• Greece
• Guatemala
• Honduras
• Hong Kong
• Hungary
• Iceland
• India
• Indonesia
• Ireland
• Israel
• Italy
• Japan
• Jordan
• Kazakhstan
• Kenya
• Kosovo
• Latvia
• Lithuania
• Luxembourg
• Madagascar
• Malaysia
• Malta
• Mauritius
• Mexico
• Morocco
• Namibia
• Netherlands
• New Zealand
• Nigeria
• North Macedonia
• Norway
• Pakistan
• Panama
• Peru
• Philippines
• Poland
• Portugal
• Puerto Rico
• Qatar
• Romania
• Rwanda
• Saudi Arabia 
• Senegal
• Serbia
• Singapore
• Slovakia
• South Africa
• South Korea
• Spain
• Sri Lanka
• Sweden
• Switzerland
• Taiwan
• Thailand
• Tunisia
• Turkey
• Uganda
• United Arab Emirates (UAE)
• United Kingdom
• United States
• Uruguay
• Vietnam
• Zambia

Deel’s services and coverage are constantly expanding. If you’re interested in running Global Payroll with Deel but do not see your targeted foreign country listed above, please reach out to learn when it will be available.

Step-by-step guide to running multi-country payroll with Deel

After you approve the payroll package, there are two ways to pay international employees: Payment by Deel or payment by client. 

First, let’s walk through a payment by Deel:

1. Select an entity with awaiting funding status. There, you’ll see the funding details, including the number of employees, the total amount, and the due date.

2. Once you’re ready, click Pay Funding. You can click View Statement for more details, which shows the total amount and a breakdown by employee. You can download this statement for your records.

3. Then, select a payment method and follow the instructions for the payment flow.

4. Next, review the payment summary and confirm payment.

Now, let’s walk through a payment by client:

If you’re paying your employees directly with a local payment processor, we’ll provide you with a CSV file and all necessary payment details.

1. Click an entity with awaiting payment status.

2. Select the Payment tab: Here, you can see the total amount and download the list of payments for more details on your employees. Now, click Mark as Paid.

3. Complete the payment from your bank and check that the payment has finished processing. Then, click Yes, Mark as Done. Make sure you have made the payments before you proceed.

Once you mark the payroll cycle as complete, the action is irreversible. You can check on the status in the main area of the Global Payroll tab. The orange awaiting payment next to the entity name will change to Done.

Pay international employees stress-free with Deel

Deel continues to be one of the top-ranked global payroll service providers, with 4.6/5 rating on G2 and 4.8/5 rating on TrustPilot.

By choosing Deel as your full-service multinational payroll partner, you can save on in-house costs while benefiting from expert support.

• Simplify the process of onboarding and hiring international employees in new countries
• Automatically collect tax forms
• Renew or terminate employment contracts
• Make mass payments in seconds
• Administer employee benefits
• Complete other human resources and payroll tasks for a global workforce
• And more

Book a 30-minute product demo and Q&A session with an expert today to learn more.