Historically, hiring globally has been a luxury only enterprise-level businesses can afford. Why? Because of the time, resource, and risk involved with having an international employee base.
Now though, the move to remote work and the so-called “global talent shortage” means that more and more companies are hiring globally. Though it’s important to note that the amount of work involved is the same, regardless of the size of your business. So, understanding your options and knowing how to get it right is key.
Ultimately, it isn’t a linear process. How you can hire varies in different countries. Some allow you to set up solely as a hiring entity, while others require a business entity, or an employer of record.
Which route you take will be dependent on where you expand to, your business stage, and team capacity. (More on this here).