Deel Compliance Hub with all the Latest Updates!

Keep up with all the changes in global compliance issues with Deel Compliance Hub, which serves up the latest regulatory updates and risk warnings. Effective January 1, 2024, expatriates in the Netherlands will encounter significant alterations to the 30% ruling, a development that demands attention. As part of a broader initiative, stay informed about these regulatory shifts through Deel’s Compliance Hub, delivering real-time updates and risk advisories in one accessible platform.

Moreover, the hourly minimum wage for individuals aged 21 and above in the Netherlands has risen to €13.27 from €12.79. This year brings a shift from a monthly to an hourly wage structure.

Deel Compliance Hub with all the Latest Updates 

Amidst these transformations, Deel expands its reach, boasting a team of over 3,000 professionals across 100+ countries and 20+ time zones. Deel simplifies the process of hiring and paying employees in the Netherlands, ensuring compliance with local laws, intricate tax systems, and international payroll intricacies, all in a span of just two days.

Deel’s Employer of Record (EOR) solution facilitates easy onboarding and payroll management, allowing businesses to hire in the Netherlands without the need for a local entity. Their Global Payroll solution further streamlines operations for direct employees, offering a comprehensive approach to managing payroll, tax compliance, and legal nuances in the Netherlands and 150+ other countries.

For those seeking to hire in the Netherlands, Deel’s platform eliminates the need to establish a local entity, a process that traditionally involves months of bureaucratic hurdles. Deel automates essential tasks such as tax document collection, payroll processing, and benefits administration, providing an efficient and compliant solution.

Moreover, Deel ensures that businesses can seamlessly offer localized benefits to employees in the Netherlands through its user-friendly online dashboard. Also, these benefits include access to public health care, social security, unemployment insurance, and Dutch health insurance.

In summary, the revamped 30% ruling and the increased minimum wage in the Netherlands mark the beginning of 2024 as a year of crucial changes for expatriates and businesses alike. Lastly, Deel stands out as a key partner, simplifying global employment processes and facilitating compliance in an ever-evolving landscape.

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