Native Teams, the fintech and HR platform for global work payments is introducing a unique, more optimised way to work tax-efficiently. With this upgrade, the company provides increased financial benefits and convenience for freelancers, digital nomads, international workers and global business owners.
Following the latest investment round from May of this year, in which Native Teams secured over €6.2M of new investment, the company continues demonstrating its commitment to becoming the go-to platform for global work payments.
Thanks to their first-hand experience and deep understanding of a remote workforce’s needs, Native Teams is now offering more tax-efficient ways to allocate funds, earn interest on savings, and other practical ways to optimise how users manage income and taxes.
Introducing the new ‘spend money’ functionality, users can buy work essentials – from flights to computers – directly from their Native Teams wallet via a combination of partners and internal capabilities. By handling business spend through the Native Teams platform, users are able to use funds in the most tax-efficient ways that comply with local legislation.
“At Native Teams, we are taking the next steps in our journey to deliver the best possible experience for employee users and their employers. Our platform for global work payments combined with tax-efficient business expenditure ensures that our users have even more tools to manage earnings, savings and some business expenditure in the most tax-efficient and joined-up manner.” – said Jack Thorogood, the CEO and Founder of Native Teams.
The new fintech functionality provides a further layer of tax-efficiency, ease of reporting and convenience to users who can receive all their payments for work through the platform.
Uniquely, Native Teams facilitates payouts through the payroll system in any of its supported countries, aiding payment of tax and social contributions.
By strategically approaching the market through the prism of the remote workforce’s distinct needs, Native Teams is focused on becoming the work payments and employment options platform optimised for employees and employers alike.
About Native Teams
Native Teams is an all-in-one platform offering global work payment solutions for freelancers, remote workers, and global employers. The platform combines comprehensive solutions to help individuals and businesses successfully manage multiple aspects of working remotely. These include tools and features for managing global work payments and providing local employment status in 70+ countries.
With Native Teams freelancers can easily obtain legal employment status in their country. Besides being properly employed through Native Teams’ legal entities, freelancers also get access to a payroll platform where they can manage payments and invoices, calculate and optimise taxes, and maximise earnings without worrying about law compliance. The platform also provides a multi-currency digital wallet and a virtual or physical Native Teams card for online or in-store shopping.
Native Teams also allows businesses to thrive on the global market without carrying the weight of administrative burdens.
By having Native Teams as a legal employer, organisations can hire professionals and offer compliant employment contracts without setting up legal entities.
Native Teams’ platform also allows employers to manage global payroll, taxes, and benefits for their employees worldwide. Featuring a centralised dashboard with localised calculators, employers can calculate salaries, expenses, and taxes, as well as provide payments and benefits for their employees.
With Native Teams’ Employer of record solutions, businesses are getting guidance and support from seasoned tax and legal professionals, giving them more time to grow and maximise earnings.
Media Contact
Company Name: Native Teams
Contact Person: Kristina Mitrevska
Email: Send Email
Country: Macedonia
Website: https://nativeteams.com/