# Best Employer of Record in Latin America: Top EORs of 2026 > Machine-readable page from Employ Borderless (https://employborderless.com/), an independent advisory platform for global hiring solutions. > Canonical page: https://employborderless.com/review/best-eor-latin-america/ > Methodology: how providers are researched, tested and scored is documented at https://employborderless.com/methodology/. > Disclosure: Employ Borderless is free to use. We may earn a referral fee from some providers; this never affects a score or ranking position (https://employborderless.com/disclosure/). > Last updated: 2026-07-16 We researched and reviewed the top EOR providers for hiring in Brazil, Mexico, Colombia, and across Latin America. Compare regional coverage, how they handle local benefits, and real pricing. **Top pick: Deel.** Of the 10 providers ranked, Deel places first with an overall score of 8.9/10. Best for: Growing companies scaling internationally with a mix of contractors and full-time employees. Full review: https://employborderless.com/review/deel/ Latin America has become one of the most active nearshore hiring regions for companies in the US, Canada, and Europe. The time zones line up with North America, the talent pool in engineering, design, and customer support runs deep, and salaries stretch further than they do at home. The catch is that every country runs its own labor code, and they tend to side with the employee. Brazil, Mexico, Colombia, and Argentina each carry mandatory benefits that are easy to overlook: profit sharing, 13th-month pay, severance funds, and strict rules on letting people go. Get any of it wrong and the penalty lands on you, not the worker. An employer of record (EOR) takes that risk off your plate. It acts as the legal employer in-country, running local payroll, taxes, and benefits, while your new hire reports to you day to day. We tested the major providers on the things that matter when you hire across the region: real coverage in Latin American countries, how cleanly they handle local obligations, pricing transparency, and the quality of in-country support in Spanish and Portuguese. Below are the providers that came out on top. ## The ranking | # | Provider | Score | Pricing | Best for | |---:|---|---:|---:|---| | 1 | Deel | 8.9/10 | $599/mo | Growing companies scaling internationally with a mix of contractors and full-time employees | | 2 | Pebl (formerly Velocity Global) | 8.9/10 | — | Mid-to-large companies hiring across multiple countries where compliance risk outweighs cost concerns | | 3 | RemoFirst | 9.3/10 | $199/mo | Small businesses making their first international hires who prioritize low pricing over advanced features. | | 4 | Remote | 8.9/10 | $699/mo | Companies who want strong protection of intellectual property (IP) and legal risk coverage when hiring internationally | | 5 | Multiplier | 9.1/10 | $400/mo | Companies looking for fast global hiring & payments | | 6 | Hire with Columbus | 8.9/10 | $179/mo | Companies hiring 5 or more international employees who want to keep costs low and predictable | | 7 | Employ Latam | 7.4/10 | $349/mo | Companies hiring full-time employees specifically across Latin America who want local-currency payroll and statutory compliance handled in-region | | 8 | Oyster | 8.7/10 | $699/mo | Growing companies looking for strong global compliance support and fast onboarding in all major markets | | 9 | Papaya Global | 8.8/10 | $599/mo | Mid-size to large companies with complex, multi-country payrolls | | 10 | Rippling | 9/10 | — | Companies with 50–1,000 employees that use multiple tools to manage HR, IT, and finance | ### 1. Deel Deel is an Employer of Record (EOR) and a global payroll platform. Companies use it to hire, pay, and manage international contractors and full-time employees without setting up local entities. Alex Bouaziz, Shuo Wang, and Ofer Simon founded the company in 2019. Deel is headquartered in San Francisco and has raised more than $980 million in seven funding rounds. The platform is now valued at $17.3 billion. How Deel works Deel supports hiring and payroll across more than 150 countries. Companies typically use the platform for the following services: - Employer of Record (EOR): Deel becomes the legal employer in the target country while you manage the day-to-day work - Contractor management: Allow clients to hire, manage, and pay independent contractors in multiple countries through a single platform. - Contractor of Record (COR): Deel takes on the liability, manages all HR/admin, and handles the risk for you. - Global payroll: Clients submit payroll data and approve it in one dashboard, and Deel handles taxes, deductions, and currency conversions automatically. Note: The main difference between contractor management and Contractor of Record services is who bears the legal risk and responsibility: you (with a standard Deel contractor service) or Deel (with COR). What stood out in my tests In my tests of the platform, the onboarding stood out for its simplicity and speed. In most cases, contracts are generated automatically based on the country, reviewed right on the platform, and approved in a few steps. What this means for you: you can hire in established markets within days. They’re also likely to find better contract standardization, clear compliance guidance, and faster onboarding compared to smaller regional providers. Third-party rating average: 9.5. Full review: https://employborderless.com/review/deel/ ### 2. Pebl (formerly Velocity Global) Pebl is an AI-powered Employer of Record platform that rebranded from Velocity Global in September 2025. Founded in 2014 by Ben Wright, the company (as Velocity Global) was an early mover in the EOR category and now operates across 185+ countries through a mix of owned entities and trusted local partners. When you hire through Pebl, it becomes the legal employer for your international team, handling contracts, payroll, taxes, benefits and compliance while you manage the day-to-day work. Its AI assistant, Alfie, automates compliance checks, gives instant cost estimates, and guides you through local regulatory requirements, which can bring time-to-hire down to as little as 24 hours. The platform covers several core services: - EOR for companies without a local entity - Global payroll for existing operations - Immigration and visa support - Benefits administration worldwide What sets Pebl apart is a decade of compliance expertise, backed by 200+ in-house legal and tax specialists and support in 50+ languages. That makes it a fit for mid-to-large companies hiring across multiple countries where compliance risk matters more than headline cost. EOR pricing starts from $399 per employee per month. Third-party rating average: 9.1. Full review: https://employborderless.com/review/pebl/ ### 3. RemoFirst RemoFirst is an Employer of Record (EOR) service that lets companies hire and pay international employees without setting up local legal entities. Founded in 2021 by Nurasyl Serik and Volodymyr Fedoriv, this San Francisco company has attracted smaller businesses and startups with $39 million in funding. When you use RemoFirst, they technically "hire" through their local entities in 180+ countries. RemoFirst handles the legal employment paperwork, local tax compliance, payroll processing, and benefits administration, while you manage the day-to-day work. This setup saves the 3-6 months and $15,000-$50,000 usually needed to set up foreign entities. The platform serves two main purposes: - Full EOR services for companies hiring employees internationally - Contractor management for businesses working with global freelancers What makes RemoFirst different is their pricing - starting at $199 per employee per month, they charge much less than competitors like Deel ($599/month) and Remote ($699/month). This aggressive pricing has helped them gain market share despite being newer than other players. Third-party rating average: 9. Full review: https://employborderless.com/review/remofirst/ ### 4. Remote Remote is an Employer of Record (EOR) service that helps companies hire international employees without creating local entities. It was founded in 2019 by Job van der Voort and Marcelo Lebre, both former GitLab executives. The company has raised more than $500 million and expanded quickly. They now support hiring in over 190 countries. The platform manages the full employment cycle through a centralized dashboard (compliant contracts, onboarding, payroll, benefits, taxes, and termination). A key standout: owned entities Remote stands out in the industry because they own and directly operate legal entities in each country instead of relying on third-party partners, which is not the case with all providers. This wholly owned structure gives the company full control over employment tasks and compliance. What this means for you: Remote is a good fit for businesses that prioritize compliance and risk management when expanding into new markets because the platform keeps employment responsibilities in-house. Third-party rating average: 9.3. Full review: https://employborderless.com/review/remote/ ### 5. Multiplier Multiplier is an Employer of Record (EOR) and a global employment platform. Companies use it to hire and manage international team members without establishing local entities. Sagar Khatri, Amritpal Singh, and Vamsi Krishna founded the company in 2020. It's headquartered in New York, United States, and has secured over $77 million in funding since launch. How Multiplier works Multiplier manages employment operations across 150+ countries. The core services they offer are: - Compliance management: Multiplier manages local employment laws and requirements. - Payroll processing: International payments run through the system. - Benefits administration: Companies can provide employee benefits without setting up local programs. - Contractor management: Businesses can manage both full employees and contractors in one place. When I used Multiplier’s demo account in 2025, its fast onboarding stood out as particularly impressive. Most companies can start hiring internationally within days instead of waiting months for entity setup. Who Multiplier is for Multiplier is a great fit for small to medium-sized businesses and startups entering global markets. Benefit for clients: You can hire in 150+ countries through one platform without setting up local entities. Helpful reads: Best Employer of Record (EOR) for startups Third-party rating average: 9.6. Full review: https://employborderless.com/review/multiplier/ ### 6. Hire with Columbus Hire with Columbus is an Employer of Record (EOR) service that enables companies to hire and pay international employees without establishing local legal entities. Operating as a high-volume discount provider, Columbus has positioned itself as the most affordable EOR solution by leveraging bulk purchasing power. When you use Hire with Columbus, they technically employ workers through their partner entities in 185+ countries. Columbus manages the legal employment paperwork, local tax compliance, payroll processing, and benefits administration, while you handle day-to-day work management. This arrangement saves the 3-6 months and $15,000-$50,000 typically required for foreign entity establishment. The platform serves two primary functions: - Full EOR services for companies hiring employees internationally - Contractor management for businesses working with global freelancers What distinguishes Columbus is their pricing model, at $179 per employee per month, they offer a 10% discount on standard market rates through volume aggregation. This approach makes enterprise-level EOR services accessible to smaller businesses that previously couldn't afford international expansion. Hire with Columbus operates through strategic partnerships with established EOR providers, negotiating bulk rates based on aggregate client volumes. This model allows them to offer premium services at significantly reduced costs while maintaining compliance standards across all jurisdictions. Third-party rating average: 10. Full review: https://employborderless.com/review/hire-with-columbus/ ### 7. Employ Latam Employ Latam is a Latin America-focused Employer of Record (EOR) service that lets companies hire full-time employees across the region without opening a local legal entity. It operates across 19 LatAm countries, from Mexico and Brazil to Argentina, Colombia, Peru and the Central American and Caribbean markets. When you hire through Employ Latam, the local employment relationship, payroll, taxes and statutory benefits are handled on your behalf, while you manage the day-to-day work. This removes the 3-6 months and the entity-setup cost normally required to employ someone compliantly in a new country. The service covers two needs: full EOR for employees, and compliant contractor payments for businesses paying freelancers across the region. Pricing is country-specific and fully loaded, starting from $349 per employee per month, with statutory costs broken out in every quote so the number you see is the number you pay. Full review: https://employborderless.com/review/employ-latam/ ### 8. Oyster Oyster HR is an Employer of Record (EOR) and a global employment platform that allows companies to hire and manage international workers in more than 180 countries without setting up local legal entities. Founded in 2020, the company focuses on supporting distributed teams. Oyster’s services include international employment contracts, payroll processing, benefits administration, and ongoing local compliance in each country where it operates. Focus on employee experience Oyster places more emphasis on the employee experience than traditional EOR providers. Alongside core employment services, the platform includes Oyster Academy for professional development, as well as tools designed to support onboarding and cross-cultural collaboration. What this means for you: Oyster acts as more than a compliance partner. The platform is designed to help companies build and maintain engaged global teams, not just employ them on paper. Typical customers Oyster primarily serves mid-market and enterprise companies with 50 or more employees, but I've also seen a few startups in their customer base. The limiting factor here is the higher rate for Employer of Record (EOR) services. The platform attracts companies that value consistency, employee satisfaction, and long-term retention, even when that means paying more than low-cost EOR alternatives. Third-party rating average: 8.9. Full review: https://employborderless.com/review/oyster/ ### 9. Papaya Global Papaya Global is a global workforce platform that helps companies manage payroll, payments, and employment across multiple countries. Founded in 2016 by Eynat Guez, Ruben Drong, and Ofer Herman, Papaya Global later raised roughly $440 million, including a $250 million Series D in 2021. On the product side, Papaya covers: - Global payroll: Runs payroll and workforce payments in more than 160 countries - Employer of Record: Allows companies to hire employees in countries where they don’t have a legal entity - Contractor management: Supports compliant onboarding and payments for international contractors - Compliance support: Handles local tax rules, labor laws, and reporting requirements - Benefits administration: Offers benefits for employees (including health coverage) that are aligned with each country - Integrations: Connects with tools like Workday, NetSuite, and other HRIS and ERP systems Note: HRIS (Human Resources Information System) manages employee data, payroll, benefits, and HR functions. ERP (Enterprise Resource Planning) integrates core business processes, including finance, accounting, supply chain, and human resources, into one platform. Third-party rating average: 8.9. Full review: https://employborderless.com/review/papaya-global/ ### 10. Rippling Rippling is an all-in-one workforce management platform that connects HR, IT, and finance functions through a unified employee database. Companies use it to manage payroll, benefits, devices, and software from one system. Parker Conrad (former Zenefits CEO) and Prasanna Sankar founded the company in 2016. Rippling now supports businesses operating in 83 countries. How Rippling works The platform automates workflows across business systems that normally operate separately. Rippling’s onboarding stood out in my research because users consistently describe it as efficient. For example, adding someone to payroll triggered their laptop order, email setup, and software provisioning right away. There are no (or fewer) manual steps since one employee database feeds all systems at once. What this means for you: It means automating tasks that normally require switching between multiple tools. Who uses Rippling Rippling works best for medium-sized technology and growing businesses with members across the world. These companies need advanced systems but lack enterprise-level IT departments. The Rippling platform provides just that: enterprise-grade tools without massive IT investments. What this means for you: Companies automate work that normally requires multiple tools and manual coordination. Third-party rating average: 9.5. Full review: https://employborderless.com/review/rippling/ ## Selection criteria We ranked each provider on five things that decide whether an EOR actually works for Latin America: depth of legal coverage across the region (owned entities versus partner networks), how they handle country-specific obligations like Brazilian FGTS and Mexican PTU profit sharing, pricing transparency with no surprise FX margins or deposit fees, the responsiveness of local support in Spanish and Portuguese, and the day-to-day experience of running payroll and benefits. ## Frequently asked questions ### What is an employer of record in Latin America? An employer of record (EOR) is a company that legally employs your workers in a Latin American country on your behalf. It runs local payroll, withholds taxes, provides mandatory benefits, and keeps you compliant with local labor law, while your hire does their actual job for you. It lets you hire in Brazil, Mexico, Colombia, or anywhere else in the region without opening your own legal entity. ### How much does an EOR cost in Latin America? Most EOR providers charge a flat monthly fee per employee, typically from $199 to $699 per person. On top of that you pay the employee's gross salary plus local employer taxes and mandatory contributions, which across much of Latin America add 25% to 40% on top of salary. Always ask whether deposits, FX margins, or setup fees apply, because that is where the real cost differences show up. ### Do I need an EOR to hire in Latin America? Only if you do not have a legal entity in the country. You can engage contractors directly, but misclassifying a full-time worker as a contractor is a serious risk in countries like Brazil and Mexico, where labor courts side heavily with workers. An EOR is the compliant way to put someone on a real local payroll without incorporating yourself. ### Which countries do these EOR providers cover in Latin America? The global providers on this list (Deel, RemoFirst, Remote, and Multiplier) cover most of the region, including Brazil, Mexico, Colombia, Argentina, Chile, Peru, Costa Rica, and Uruguay. Coverage depth varies between owned entities and local partners, so confirm the specific country you are hiring in before you commit.