Frequently asked questions
Virtual Employment Organization FAQ
These answers explain the service concept. The appropriate legal, employment, tax and operational structure must be confirmed for each case.
What is a Virtual Employment Organization?
A VEO is a service framework for creating and supporting distributed teams through coordinated recruitment, local employment, payroll, onboarding and HR administration. It is not a separate legal entity type.
How is VEO different from Employer of Record?
EOR focuses on the formal local employment relationship and related administration. VEO is a broader operating concept that may combine EOR with recruitment, remote onboarding, service coordination and ongoing workforce support.
Can a VEO hire employees without my company opening a local entity?
Potentially, where an appropriate local employment structure is available and suitable for the role and candidate. Feasibility must be assessed before hiring.
Who manages the employee’s daily work?
The client company normally defines the role, assigns work, manages performance and provides operational direction. Horizons® manages the agreed employment and administrative responsibilities.
Can Horizons® recruit the employees?
Yes. Recruitment can be included when you need candidate profiling, sourcing, assessment and hiring coordination before the employment stage.
Can VEO support employees outside Bulgaria?
International requirements can be assessed through Global EOR or partner-supported arrangements. Availability, scope and responsibility differ by country.
Does VEO include equipment and IT support?
Equipment, delivery, asset ownership, access and technical support can be coordinated where agreed, but the exact responsibilities and third-party services must be defined in the proposal.
How quickly can a VEO team be launched?
There is no universal timeline. It depends on recruitment, country coverage, candidate documentation, employment terms, right-to-work status, equipment and execution of the required agreements.