Best Employer of Record in Latin America: Top EORs of 2026

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

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.

What stood out in my tests

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.

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

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

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.

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

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.

Most companies can start hiring internationally within days instead of waiting months for entity setup.

Regional strength in Asia-Pacific

The platform shows particular strength in the Asia-Pacific region.

Benefit for clients: Companies hiring in Singapore, Australia, or Japan get better localized support than they'd find with most global providers.

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

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.

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.

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

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

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.

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.

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.

When I tested Rippling, the onboarding caught my attention because it was so 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.