Native Teams is a Global EOR platform that supports both freelancers and business owners. It's digital wallet allows fast cross-border payments in local currencies, integrated with the platform's accounting and tax management tools.
Pros
- Flexible options from contractor payments only to legal entity establishment.
- Freelancer services including banking, global mobility and UK LTD company setup
- Fast global transactions through the digital wallet and cards
Cons
- Countries supported are more limited than some competitors
- No integrations with popular HRIS software
55 Currencies
Free digital wall; $19+/month payments and card; $49+/month EOR service for freelancers; $69+/month UK legal entity for freelancers; $19+/month/contractor for companies; $49+/month/employee EOR services for companies;
Native Teams Wallet
Native Teams offers a comprehensive suite of services to facilitate compliant hiring, payment, and employee management in over 55 countries. What sets it apart from other Global EOR services, however, is its flexibility.
Native Teams empowers individual freelancers without a legal entity, to nvoice professionally and compliantly worldwide through its Company as a Service (CAAS) offering. Additionally, it provides UK legal entity creation and tax management, and accounting support. The Native Teams payment system offers a digital wallet connected to payment cards, allowing real-time payments worldwide.
Overview
Native Teams is designed to enable companies and individuals to hire international teams, outsource accounting and compliance, optimize tax payments, establish a UK legal entity, and efficiently track expenses. This solution will be particularly attractive to self-employed individuals hiring freelancers, small companies aiming to build a global team and reduce administrative burdens, and larger companies interested in incorporating in the UK.
The platform amalgamates salary calculations, payroll management, expense tracking, tax management, and benefits administration, allowing business owners to easily and compliantly compensate their international teams.
Key features
In addition to Global EOR services, Native Teams offers various other options, including PEO services, global payroll processing, digital wallets, global mobility services, and Company as a Service (CAAS).
CAAS is a solution that empowers individuals and businesses to engage in commercial activities without the need for a formal company. With CAAS, employers gain the capacity to recruit new employees, manage their compensation, administer benefits, and perform tasks typically associated with traditional company ownership. For freelancers, CAAS simplifies the invoicing process, allowing businesses that collaborate with freelancers to potentially deduct payments as tax write-offs or categorize them as business expenses.
EOR features
A Global Employer of Record (EOR) is a global employment services provider, specializing in enabling companies to compliantly hire international workers without establishing additional legal entities. An EOR typically manages employee payroll, taxation, and benefits, all executed in strict accordance with local regulatory compliance. Native Teams provides these services for employees in over 55 countries and extends its EOR services to freelancers and remote workers.
Native Teams guarantees official employment status, regulatory compliance, administration management, timely salary disbursements directly to local bank accounts in local currencies, and comprehensive employment benefits equivalent to those of a local employee.
Payroll features
Native Teams’ global payroll services are designed to accommodate businesses of all sizes and industries, including freelancers and remote workers. Features include a multi-currency digital wallet, local bank transfers, payment requests, expenditure management tools, and the Native Teams Card.
Each digital wallet account comes with its own International Bank Account Number (IBAN), enhancing convenience and functionality. For freelancers, Native Teams provides tools that simplify client invoicing, whether local or international, without the need to set up a business. Optional Native Teams Visa/MasterCards are integrated with the digital wallet, offering global purchase capabilities.
The platform also provides a “Gig Economy Payment Solution” for expanding companies that rely on contractors over full-time employees, processing real-time payments across 55 countries.
HR Features
Native Teams automates administrative processes and provides a centralized location for all HR documents. It handles various administrative tasks associated with employment, including payroll processing, tax management, benefits administration, and HR oversight.
The platform offers expense cards linked to it’s multi-currency digtal wallet, providing a convenient means for fund transfer and purchases. Employers and employees can monitor and track their expense card transactions through the software platform. The Expenses Management tool simplifies the process of approving, validating, and paying expenses efficiently. Employers can choose to pay employees through their virtual wallet or include the expenses in their base pay.
For clients using Native Team’s UK Business Account legal entity set-up services, it provides accountancy support, covering initial setup and ongoing management.
Compliance features
Native Teams offers compliance services to both businesses and individuals, enabling even small employers and startups to navigate international legal complexities and minimize the risk of non-compliance. These services encompass taxes, social contributions, health insurance, retirement plans, and other statutory benefits in accordance with local regulations. It also provides employment contracts, M1/M2 documentation, and declarations of harassment.
The platform offers robust support for managing both home country and employment country taxes, guaranteeing compliance with regulations in both jurisdictions. Native Teams also offers tax optimization strategies and consultation. Clients who use Native Teams to establish an LTD company through its UK Business Account service can utilize favorable corporate tax regimes and other tax benefits.
Additional compliance services include a Dependency Test to simplify the classification process for freelancers and remote workers and Tax Allowances. Tax allowances represent a set amount of income that is not subject to taxation. The Native Teams system facilitates the transfer of funds from the digital wallet to a bank account without retaining any taxes, based on the total value of the tax exemptions selected. This enables individuals to make the most of their financial resources while staying in line with tax regulations.
Platform
The platform interface is designed to help users differentiate between business and personal expenses, facilitate efficient record-keeping, ensure tax compliance, collect and track data effortlessly, and enable quick report generation.
Native Teams provides a salary calculator to help employers evaluate cost differences when hiring in different regions. For existing employees, the platform features a comprehensive overview of salaries, allowances, sick days, and other crucial information.
Freelancers and employees can use the platform’s payment request feature to request instant payments from clients or partners, directing funds to a Native Teams virtual wallet or expense card for efficient cash flow management.
Pricing
All prices reflect a maximum income of $2000/month; billing rates rise in step with income thereafter.
Service for freelancers
| Free | Virtual wallet, payment requests |
| $19/month | Native Teams card with IBAN, withdrawals from local banks, client invoicing, expense management |
| $49/month | EOR employment status, localized documents, employment contracts, annual reports |
| $69/month | UK legal entity, UK virtual office address, corporate mail management, tax optimization, tax consultation, annual tax filing and reporting. |
Service for companies
| $19/month/contractor | Virtual wallet, payments to local banks, payment requests, client invoicing, Native Teams card with IBAN, expense management |
| $49/month/employee (rate variable with salary) | EOR employee status, localized documents, employment contracts, annual reports, team payroll, team flex payments, team expenses, noticeboard, holiday scheduling, bonus payment support, visa and work permit support, human capital. |
Native Teams pricing plans explained
Pros and cons
Pros
| Flexibility | Native Teams emphasizes flexibility, empowering employers to choose the suite of features that best meets their needs. |
| Package for freelancers | Native Teams offers products for freelancers and remote workers in addition to business services. |
| Efficient platform | The Native Teams Cards and digital wallet allow for fast payments and transfers of expense funds internationally, all fully documented within a single system. Automated calculations ensure fast and accurate payroll with minimal effort. |
Cons
| Services are available in 55+ countries | Many other Global EORs offer services in 150+ countries, putting Native Teams at a slight disadvantage. However, this may not be an issue for most employers, and Native Teams is willing to work with employers to develop solutions for markets not currently covered. |
| No software integrations | Native Teams offers products for freelancers and remote workers in addition to business services. |
| Efficient platform | Native Teams is designed to be a comprehensive EOR, onboarding, HR administration, and payroll platform. Companies looking to integrate the service into their existing HRIS or other business services software cannot do so at the time of writing. |
Unique selling point
An adaptable system that allows for many different business models. Freelancers who wish to provide invoices through a legal entity or change their classification to EOR employees will appreciate the addition of these options. The choice of EOR services, Global PEO services, UK legal entity setup, and payroll services gives employers a range of compliant ways to build and administer their global teams.
RemotePad Score for Native Teams
4.9/5 Our expert score for Native Teams
Our team came to this score by considering the following components in the following weightings:
| Employer of Record features | 25% |
| Payroll features | 10% |
| HR features | 10% |
| Compliance features | 10% |
| Platform features | 10% |
| Pricing | 20% |
| User reviews | 15% |
For each component, Deel received the following score:
| Employer of Record features | 20/25 |
| Payroll features | 9/10 |
| HR features | 10/10 |
| Compliance features | 9/10 |
| Platform features | 10/10 |
| Pricing | 18/20 |
| User reviews | 14/15 |
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Our verdict
Remotely based companies that wish to optimize tax contributions by establishing a UK legal entity may find Native Teams an ideal solution. Freelancers looking to be classified as employees or issue invoices through a corporate entity will also find Native Teams to be a perfect fit. Both of these features are rare in the Global EOR market, which will attract many businesses and individuals.
The flexibility and breadth of features offered will make the platform of interest to companies that value tax optimization, real-time payment and expense transactions, and a choice between EOR-style “employment as a service” and the PEO co-employment model. Global Mobility services also remove headaches for employers that wish to help relocate employees internationally.
For companies that need to hire outside of the 55+ countries currently serviced, those that wish to integrate the platform into their HRIS, or wish to work with an EOR that is also a recruitment partner, the service may not meet all of their needs.
Frequently Asked Questions
Native teams is headquartered in London, England. It was founded in 2021. The company has over 100 employees.
Native Teams was founded by Jack Thorogood, it is funded by 4 investors; Fit Rouge Capital, Haatch, Eleven, and Quake Capital.
Native Teams has over 50,000 users, working in over 55 countries.
