Best Employer of Record in Latin America: Top EORs of 2026
Latin America has become one of the most active nearshore hiring regions for companies in the US, Canada, and Europe.
Independently researched by Employ Borderless.
Deel
#1
EOR, contractors and payroll in one
Contractor of Record (COR), where Deel handles contractor classification, not just payments, from $599 per employee per month.
- EOR from
- $599 per employee per month
- Countries
- 153
Also worth a look
Pebl (formerly Velocity Global)
Compliance depth
Backed by local legal teams and an AI assistant across 175 countries, Pebl is built for compliance-heavy, multi-country hiring.
RemoFirst
Low published pricing
EOR from $199 per employee per month, the same published price in all 193 countries, with fast human support.
How we make money: Employ Borderless earns commissions and pre-negotiated discounts when you choose a provider through us. You pay nothing for our recommendation. Our methodology is independent of partner economics. If a provider is wrong for you, we say so.
The best EOR providers in 2026 are Deel (starting at $599/mo), Pebl (formerly Velocity Global) (starting at $399/mo), and RemoFirst (starting at $199/mo), scored on The Employ Borderless Standard, our 10-pillar framework, across 10 providers.
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 compared 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.
Which providers made our shortlist?
Here's how all 10 providers on our shortlist compare. They're ranked by overall fit for this guide, not by score alone, so the highest-scored provider isn't always first. The Employ Borderless Standard score for each provider is in its review.
Scored on The Employ Borderless Standard →
| # | Provider | Best for | |||
|---|---|---|---|---|---|
| 1 | | Growing companies hiring internationally with a mix of contractors and full-time employees | From $599/mo | 153+ | Visit |
| 2 | | Mid-to-large companies hiring across multiple countries where compliance risk outweighs cost concerns | From $399/mo | 175+ | Visit |
| 3 | | teams where the monthly fee per employee decides it | From $199/mo | 193+ | Visit |
| 4 | | Companies who want strong protection of intellectual property (IP) and legal risk coverage when hiring internationally | From $599/mo | 186+ | Visit |
| 5 | | Companies looking for fast global hiring & payments | From $459/mo | 171+ | Visit |
| 6 | | Companies hiring 5 or more international employees who want to keep costs low and predictable | From $179/mo | 193+ | Visit |
| 7 | | Companies hiring full-time employees specifically across Latin America who want local-currency payroll and statutory compliance handled in-region | From $349/mo | 18+ | Visit |
| 8 | | Growing companies looking for strong global compliance support and fast onboarding in all major markets | From $699/mo | 132+ | Visit |
| 9 | | Mid-size to large companies with complex, multi-country payrolls | From $499/mo | 163+ | Visit |
| 10 |  | Companies, from small teams to large enterprises, that want to manage HR, IT, and finance on one platform | - | 83+ | Visit |
Why you can trust our reviews
We combine structured research with real-world global hiring experience. Our methodology is built by operators who've spent years working with EOR, PEO, and payroll providers across multiple markets.
- Experience in global hiring - selecting and working with EOR providers
- A documented research method - provider documentation and pricing pages, review platforms (G2, Trustpilot, Capterra), communities, and provider validation
- The Employ Borderless Standard - our 10-pillar rating framework, scored out of 5 to one decimal across features, country coverage, pricing, UX, support, integrations, mobile, analytics, security, and compliance
- Weighted review analysis - platforms with more reviews have higher impact (e.g. 2000 > 30)
- Independent - rankings are not influenced by affiliate partnerships
Built by practitioners, not publishers - so you can rely on it for real hiring decisions.
Ranked by fit for this use case: Employ Borderless Standard scores, customer feedback from teams hiring through these providers, and pricing. Where a lower-scored provider sits higher, it is because customer feedback favours it.
Deel
Contractor of Record (COR), where Deel handles contractor classification, not just payments, from $599 per employee per month.
- Pricing
- Country coverage
- Compliance
- Integrations
Third-party ratings
4.7(7,383)
4.6(9,728)
4.9(4,314)Pricing and coverage
| Employer of record | From $599/mo |
| Contractors | From $49/mo |
| Global payroll | From $29/mo |
| Country coverage | 153+ countries |
Checked by Employ Borderless on Deel's pricing page, October 25, 2026. Employ Borderless is free to use.
Key features
Pros and cons
Pros
- Owned legal entities
- Multi-currency payroll services
- Automated compliance tracking
- Contractor of Record service
- Localized benefits packages
- 24/7 support across multiple channels
- Unified platform
Cons
- Premium pricing
- Support delays during peak periods
- Limited reporting
Deel was founded in 2019 by Alex Bouaziz, Shuo Wang and Ofer Simon. The company is headquartered in San Francisco, has raised more than $980 million over seven funding rounds and is valued at $17.3 billion.
Pebl (formerly Velocity Global)
Backed by local legal teams and an AI assistant across 175 countries, Pebl is built for compliance-heavy, multi-country hiring.
- Pricing
- Country coverage
- Compliance
- Integrations
Third-party ratings
4.6(617)3.2(6)4.9(4,318)Pricing and coverage
| Employer of record | From $399/mo |
| Country coverage | 175+ countries |
Checked by Employ Borderless on Pebl (formerly Velocity Global)'s pricing page, October 25, 2026. Employ Borderless is free to use.
Key features
Pros and cons
Pros
- Compliance depth
- AI-assisted hiring
- Transparent upfront pricing
- 24/7 expert support
- Proven track record
Cons
- Price point
- Limited discount options
- Learning curve
Pebl was founded in 2014 by Ben Wright as Velocity Global and employs through a mix of its own entities and local partners. Its AI assistant, Alfie, runs compliance checks and gives cost estimates. Pebl says it has more than 200 in-house legal and tax specialists and supports 50+ languages, and it also offers immigration and visa support.
RemoFirst
EOR from $199 per employee per month, the same published price in all 193 countries, with fast human support.
Why it ranks here: Best value: from $199 per employee per month, 193 countries.
- Pricing
- Country coverage
- Compliance
- Integrations
Third-party ratings
4.5(423)4.1(72)3.4(5)Pricing and coverage
| Employer of record | From $199/mo |
| Contractors | From $25/mo |
| Country coverage | 193+ countries |
Checked by Employ Borderless on RemoFirst's pricing page, October 25, 2026. Employ Borderless is free to use.
Key features
Pros and cons
Pros
- One of the lowest published EOR prices
- You hire without setting up an entity
- Compliance handled end to end
- Free contractor management
- No setup fee, deposit or minimum term published
- One health insurance program
- A platform HR staff learn in a session
Cons
- Basic reporting
- Few integrations
- A young platform
- Limited contract customisation
RemoFirst was founded in 2021 by Nurasyl Serik and Volodymyr Fedoriv, is headquartered in San Francisco, has raised $39 million and employs between 201 and 500 people. It sells two things: employer of record services for hiring employees abroad without a local entity, and contractor management for paying freelancers compliantly.
Your contract is with RemoFirst. In most countries the legal employer of your hire is an in-country partner that RemoFirst manages; we have confirmed that model in 34 countries and have no owned entities on file. RemoFirst issues the employment contract, runs payroll, files taxes and statutory contributions and administers benefits. You manage the work. For a first hire abroad that replaces the three to six months it takes to set up your own entity.
Beyond EOR and contractors it offers RemoHealth, one health insurance program across countries, RemoTech equipment provisioning, and visa and work-permit support in 85+ countries.
Not sure which provider is right for you?
Tell me about your team and I'll give you a free, independent recommendation.
Remote
Own-entity model with strong IP protection, from $599 per employee per month.
- Pricing
- Country coverage
- Compliance
- Integrations
Third-party ratings
4.5(5,561)4.6(3,535)4.3(102)Pricing and coverage
| Employer of record | From $599/mo |
| Global payroll | From $29/mo |
| Contractors | From $29/mo |
| Country coverage | 186+ countries |
Checked by Employ Borderless on Remote's pricing page, October 25, 2026. Employ Borderless is free to use.
Key features
Pros and cons
Pros
- Own-entity model
- IP protection
- Transparent flat-rate pricing
- Extensive human resources (HR) coverage
- Custom benefits packages
- Recently launched global payroll solution
Cons
- Costs more than budget options
- Limited customization options
- Basic reporting capabilities
Remote was founded in 2019 by Job van der Voort and Marcelo Lebre, both former GitLab executives, and has raised more than $500 million. Remote owns and runs its legal entities in each country it covers rather than relying on third-party partners, which keeps employment responsibilities in-house.
Multiplier
Fast global hiring, from $459 per employee per month.
- Pricing
- Country coverage
- Compliance
- Integrations
Third-party ratings
4.7(1,499)4.8(2,868)4.4(45)Pricing and coverage
| Employer of record | From $459/mo |
| Contractors | From $40/mo |
| Global payroll | From $20/mo |
| Country coverage | 171+ countries |
Checked by Employ Borderless on Multiplier's pricing page, October 29, 2026. Employ Borderless is free to use.
Key features
Pros and cons
Pros
- Lower EOR rates
- Fast onboarding
- Multi-currency payroll
- Strong compliance handling
Cons
- Unintuitive platform layout
- Slower email support
- Limited customization
Multiplier was founded in 2020 by Sagar Khatri, Amritpal Singh and Vamsi Krishna. It is headquartered in New York and has raised over $77 million. For other options at this stage, see our list of the best employer of record providers for startups.
Hire with Columbus
Employ people in 193 countries with clear, published pricing from $179 per employee per month, no surprises.
- Pricing
- Country coverage
- Compliance
- Integrations
Third-party ratings
5.0(16)Pricing and coverage
| Employer of record | From $179/mo |
| Contractors | From $22.5/mo |
| Global payroll | From $179/mo |
| Country coverage | 193+ countries |
Checked by Employ Borderless on Hire with Columbus's pricing page, October 25, 2026. Employ Borderless is free to use.
Key features
Pros and cons
Pros
- Among the lowest published EOR pricing
- Fast employee onboarding
- Compliance management
- Affordable contractor management
- Transparent pricing
- International benefits administration
Cons
- Limited platform ownership
- Limited reporting functionality
Hire with Columbus handles the employment paperwork, local tax compliance, payroll and benefits administration for each hire, and you manage the day-to-day work. It also runs contractor management for companies paying freelancers abroad.
Employ Latam
Handles local-currency payroll, 13th-month pay and statutory compliance across 18 Latin American countries, from $349 per employee per month.
- Pricing
- Country coverage
- Compliance
- Integrations
Pricing and coverage
| Employer of record | From $349/mo |
| Contractors | From $29/mo |
| Country coverage | 18+ countries |
Checked by Employ Borderless on Employ Latam's pricing page, October 25, 2026. Employ Borderless is free to use.
Key features
Pros and cons
Pros
- Built specifically for Latin America
- All-in, transparent pricing
- Region-specific statutory handling
- Affordable contractor payments
- Dedicated support
- Flexible, month-to-month terms
Cons
- Latin America only
- New provider, limited track record
- Partner-backed infrastructure
Employ Latam's coverage runs from Mexico and Brazil to Argentina, Colombia, Peru and the Central American and Caribbean markets. Alongside employer of record for employees, it handles compliant contractor payments, and every quote breaks out the statutory costs for that country.
Oyster
Oyster guides you through onboarding, then lets employees self-serve on pay, benefits, and compliance, in 116 countries from $699 per employee per month.
- Pricing
- Country coverage
- Compliance
- Integrations
Third-party ratings
4.4(1,625)3.8(272)4.6(91)Pricing and coverage
| Employer of record | From $699/mo |
| Contractors | From $29/mo |
| Country coverage | 132+ countries |
Checked by Employ Borderless on Oyster's pricing page, October 25, 2026. Employ Borderless is free to use.
Key features
Pros and cons
Pros
- Employee development
- Designed for remote teams
- Strong global coverage
- Simple compliance tracking
- Built-in cost calculator
- Ethical employment standards
Cons
- Premium rates
- Add-on costs
- Limited self-service
Oyster puts more weight on the employee experience than most EOR providers, with Oyster Academy for professional development and tools for onboarding and working across cultures. Most of its customers are mid-market and enterprise companies with 50 or more employees.
Papaya Global
Payroll and payments are unified on Papaya’s licensed platform, built on J.P. Morgan infrastructure, from $499 per employee per month.
- Pricing
- Country coverage
- Compliance
- Integrations
Third-party ratings
4.5(55)4.2(58)4.5(44)Pricing and coverage
| Employer of record | From $499/mo |
| Contractors | From $199/mo |
| Country coverage | 163+ countries |
Checked by Employ Borderless on Papaya Global's pricing page, October 29, 2026. Employ Borderless is free to use.
Key features
Pros and cons
Pros
- Core payroll focus
- Payments built in
- 163 countries covered
- Detailed logs
- Multiple worker models
Cons
- Setup takes time
- Not HR-led
- Mixed employment model
- Quote-based pricing
Papaya Global was founded in 2016 by Eynat Guez, Ruben Drong and Ofer Herman and has raised roughly $440 million, including a $250 million Series D in 2021. Beyond payroll and employer of record, it sells contractor management and benefits administration, and it connects with HR and finance systems such as Workday and NetSuite.
Rippling
Rippling connects HR, payroll, IT and finance in one platform, so your data never lives in disconnected tools.
- Pricing
- Not rated
- Country coverage
- Compliance
- Integrations
Third-party ratings
4.7(14,733)4.6(2,638)4.9(4,883)Pricing and coverage
| Country coverage | 83+ countries |
Key features
Pros and cons
Pros
- System integration
- Strong automation
- Device management
- App integrations
- Custom workflows
Cons
- Unclear pricing
- Lengthy setup and steep learning curve
- Inconsistent support
Rippling was founded in 2016, is headquartered in San Francisco, and Parker Conrad is its CEO. The breadth that makes the single employee record useful is also the learning curve reviewers describe, so budget setup time and check that you will use enough of the platform to justify configuring it.
How do these providers compare?
| # | Provider | Best for | EOR from | Countries | Support hours |
|---|---|---|---|---|---|
| 1 | | — | $599 | 153 | 24/7 |
| 2 | | — | $399 | 175 | n/a |
| 3 | | teams where the monthly fee per employee decides it | $199 | 193 | 24/7 |
| 4 | | — | $599 | 186 | 24/7 |
| 5 | | — | $459 | 171 | 24/7 |
| 6 | | — | $179lowest | 193 | 24/7 |
| 7 | | — | $349 | 18 | 24/7 |
| 8 | | — | $699 | 132 | n/a |
| 9 | | — | $499 | 163 | Not published |
| 10 | | — | n/a | 83 | Not published |
Ranked by overall fit; the Employ Borderless Standard score for each provider is in its review.
How do we evaluate EOR providers?
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.
How hiring through an EOR works in Latin America
An EOR already holds (or partners with) a legal entity in the country where you want to hire. You pick the person, agree the salary, and the EOR puts them on a compliant local employment contract. They handle payroll, tax withholding, social security, and mandatory benefits, and they invoice you a single monthly amount. You keep the working relationship; they carry the legal and compliance burden. Here is what that burden looks like in the region's biggest markets.
Brazil
The most complex market in the region. Employers fund FGTS, a severance deposit worth 8% of salary every month, pay a mandatory 13th salary, and face heavy penalties for getting terminations wrong. Owned-entity coverage matters more here than anywhere else in Latin America.
Mexico
Employers register staff with IMSS for social security, pay an annual aguinaldo (Christmas bonus), and distribute PTU profit sharing of 10% of pre-tax profit. The 2021 outsourcing reform also tightened the rules on who can legally employ workers, so the EOR's local setup needs to be sound.
Colombia
Mandatory benefits compare fast: cesantías (a severance savings fund), prima de servicios (a 13th-month equivalent paid in two installments), plus health and pension contributions. A good EOR handles all of it without you tracking each fund.
Argentina
High payroll taxes and a mandatory SAC (13th salary paid in two halves), alongside inflation and FX controls that make getting money in and out of the country its own challenge. Ask any provider how they handle currency before you commit.
Keep exploring
Best-of guides by use case
Frequently asked questions
What is an employer of record in Latin America?
How much does an EOR cost in Latin America?
Do I need an EOR to hire in Latin America?
Which countries do these EOR providers cover in Latin America?
Not sure which EOR provider is right for you?
Employ Borderless is an independent advisory platform for global hiring solutions, not a provider. Tell us about your team and we'll recommend the best fit for your situation, free and independent.
Get free recommendations