Mr. Finn Hegarty:

Certain companies hire remotely as individual contractors so someone in the Algarve would be seen as an individual contractor as opposed to a permanent employee. They would not get the benefits of holidays or anything else. In certain markets we have entities, so we employ them as PAYE folks locally. Where we do not have an entity, we rely on third parties. For example, Remote.comor the Irish company Boundless enable that support. We can hire locally through those entities or intermediaries and that gives us the benefit. These folks are seen as employees so they have rights based on their local global employment organisation, GEO. If they are individual contractors, their rights differ in those countries. We have not seen any issues like that over the years. We hire them as PAYE employees and pay local tax in each market, as opposed to hiring them as individual contractors.