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Best Employer of Record (EOR) Services in 2024

An Employer of Record (EOR) service is a global employment solution provider. It helps businesses have a global workforce without having to deal with legal responsibilities and compliance. It hires employees from different countries and manages all the administrative and legal aspects, like payroll, taxes, benefits, and employment laws.

Navigating unfamiliar labor laws, payroll systems, and tax regulations in new countries is often the major challenge businesses face when they expand globally. As EOR services remove the complexities of hiring foreign employees, businesses can focus on their core operations while remaining compliant.

Geekflare curated the list of the best EOR services for global organizations based on global compliance and coverage, features and integrations, and target audience.

  • Deel – Best Overall
  • Talent500 – Best for Technology Talent
  • Papaya Global – Best for Global Compliance
  • Multiplier – Best for Startups
  • Remote – Best for Remote Teams
  • Rippling – Best for Integrated HR and Payroll
  • Remofirst – Best for Fast Onboarding
  • Velocity Global – Best for Scaling Quickly
  • FoxHire – Best for Professional Employer Services
  • Gusto Global – Best for Small Businesses
  • Vistra – Best for Compliance Expertise
  • Omnipresent – Best for Full-Service HR
  • Oyster – Best for Global Benefits
  • Skuad – Best for the Asia-Pacific Region
  • Show moreShow less

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  • Supported Countries

    150+

  • Integration

    60+

  • Customer Support

    24/7 in-app Support, Support Articles

Deel offers secure EOR service by quickly hiring and onboarding employees on behalf of organizations. This all-in-one platform has built-in tax, payroll, and compliance solutions. Deel integrates with 60+ business apps, including QuickBooks, Xero, Slack, Google Workspace, Microsoft Teams, Harvest, Jira, and Sage.

Deel specializes in compliance throughout the employee lifecycle. Whether it is employment contracts, minimum wage, benefits, or terminations, Deel helps mitigate risk even if the business evolves. It also comes with a no-code workflow builder tool for creating custom automation for specific roles and regions.

Deel was founded in 2014 in California, USA, and has served over 25,000 organizations as its clients.

  • Key feature

    5-minute onboarding with country-specific documentation

  • Key feature

    Automatically collect paperwork and securely store them in the same place

  • Key feature

    In-house payroll team for local taxes, withholdings, deductions, and benefits in 120+ countries

  • Key feature

    Implement time-off policies based on the employee’s location

  • Key feature

    Submit and approve time-off requests and analyze expense

  • Key feature

    Trend analysis of contributions and deductions to understand costs at a global level

  • Key feature

    Compliant offboarding according to local labor law

  • Key feature

    Support from 200+ local HR and legal experts

  • Key feature

    Customizable reports on spending, retention, and compensation

  • Supported Countries

    100+

  • Integration

    HRIS, Payroll

  • Customer Support

    Email

Talent500 assists the world’s fastest-growing businesses in hiring and managing global teams. It lets companies stay worry-free as they hire top talent worldwide. It has a tailored community of pre-vetted talents for opportunities in global centers. Talent500 makes recruitment automation possible with personalized workflows.

Talent500 EOR service manages the legal aspects of local employment, from onboarding to offboarding. Thus, companies do not have to deal with complex global employment and still have control of their workforce. Its AI-powered screening allows companies to shortlist thousands of candidates instantly.

Talent500 is an India-based company that was established in 2019. Its clients include FedEx, AirBNB, X (formerly Twitter), Chargeebee, and DocuSign.

  • Key feature

    International payroll processing for accurate and timely payments

  • Key feature

    100% local compliance with tax, employment regulations, benefits

  • Key feature

    A centralized platform that supports multiple currencies

  • Key feature

    Global benefit support with health insurance, retirement plans, and wellness programs

  • Key feature

    Compliance tracking and reporting tools for local regulation-based benefits

  • Key feature

    Helps with technology deployment customized for the company’s requirements

  • Supported Countries

    160+

  • Integration

    HRIS, Payroll

  • Customer Support

    24/7 WhatsApp Chat

Papaya Global ensures that EOR, payroll, and payments are managed from one platform. It offers complete workforce visibility so companies can better control their monthly expenses and develop a better hiring strategy for their international teams.

Papaya has a team of dedicated country experts who meet strict SLAs and offer end-to-end solutions. It brings comprehensive local knowledge and experience for 100% global compliance. Papaya has a team of local experts in knowledge, benefits, and equity in all countries who can offer full legal support to businesses.

Papaya Global was launched in 2016 and has 2000+ companies using its solution. It has offices in 21 global locations and is considered one of the Forbes Cloud 100 companies.

  • Key feature

    Single dashboard to access all EOR and payments modules

  • Key feature

    Up to 1,000 EOR workers onboarding at one time

  • Key feature

    Sign and review contracts within the platform

  • Key feature

    Automatic country-specific standard contract generation

  • Key feature

    Full legal support by local country knowledge, benefits, and equity experts

  • Key feature

    Automated and compliant payments to local authorities

  • Key feature

    Pre-funding payment without any deposit

  • Key feature

    EOR wallets with bank-level security

  • Key feature

    Full visibility into assurance funds and ongoing payments

  • Key feature

    Customized roles and permissions for secure access

  • Supported Countries

    150+

  • Integration

    23

  • Customer Support

    Email, 24/5 Dedicated Manager

Multiplier has an Employer of Record (EOR) solution that allows users to hire and employ across international borders without setting up a local business entity. It enables companies to engage with foreign workers legally and efficiently. With Multiplier’s EOR solution, companies can engage with their international employees in their daily working relationships without worrying about compliance and other risks.

Multiplier acts as the legal employer for international employees and manages their payroll, taxes, benefits, and expenses according to local labor and tax laws. It ensures all employees get homogenous benefits and insurance through customized insurance policies, including dependent coverage.

Multiplier was launched in 2020 and has offices in North America, South America, Asia, Europe, and Australia.

  • Key feature

    Instant locally compliant employment contracts

  • Key feature

    Run multi-currency payroll with a single monthly invoice

  • Key feature

    Manage employee taxes, allowances, bonuses, social contributions and other deductions

  • Key feature

    Regionally competitive insurance according to the local labor and tax laws

  • Key feature

    120+ currencies for payroll and payments with employee payslips

  • Key feature

    Manage expenses, leaves, and reimbursement claims

  • Supported Countries

    85+

  • Integration

    10

  • Customer Support

    24/5 Support, Email, Help Center, In-app Live Chat

Remote’s EOR service ensures quick international onboarding to grow a global team. It reduces manual data entry and paperwork of its client companies. It offers built-in risk protection for hiring teams from abroad.

Remote management enables businesses to manage all employees from one location, comply with local employment laws and payroll rules, and mitigate misclassification risks. It makes the international hiring process faster, saving time, effort, and money for the concerned company. Its Remote Watchtower constantly monitors legal updates in all individual countries to ensure smart compliance.

Remote was established in 2019 in Portugal and, as of 2023, is the country’s fifth billion-dollar company with over 1.2k employees.

  • Key feature

    Guaranteed speed and flexibility using the local entities of Remote

  • Key feature

    Automated smart onboarding to hire in 2-3 days

  • Key feature

    Dedicated local experts in all countries where Remote operates

  • Key feature

    Remote IP guard to secure intellectual property with a distributed team

  • Key feature

    Fully integrated payroll to pay in local currencies on time

  • Key feature

    Flexible and competitive benefits for the entire global team

  • Key feature

    Integration with Gusto, BambooHR, and Zapier

  • Key feature

    Compliant equity incentives support, including withholding and reporting

  • Key feature

    Built-in security and compliance risk protection

  • Supported Countries

    180+

  • Integration

    600+

  • Customer Support

    Live Chat, Email

Rippling manages EOR entities, ensures compliance in all countries, and provides all necessary tools in one HR system. It easily integrates with the company system to streamline regular HR, IT, and finance tasks so the internal team can focus on high priorities.

Rippling automatically calculates the employee’s working hours for easy payment at the end of the payment cycle. It offers related features like time-off calculation, expense reimbursement, and performance management from the same platform. Rippling users can generate centralized, granular reports from this application.

Rippling started its journey in 2016 in the USA. It has over 2,600 employees and raised $1.4 billion till now.

  • Key feature

    Hire and onboard international employees and assign required training

  • Key feature

    Perform payment calculations and run payroll for all employees

  • Key feature

    Continuously flagging potential risks to automate global compliance

  • Key feature

    Visibility into taxes and expenses for employee and employer

  • Key feature

    Expert advisors with local HR experience to answer employer queries

  • Key feature

    Visibility and control over locally aligned benefits for the employees

  • Key feature

    Legal and reputational protection for the employers

  • Key feature

    Centralized granular reporting for workforce data

  • Key feature

    Policy management and customizable workflow in built-in HRIS

  • Supported Countries

    180+

  • Integration

    HRIS, Payroll

  • Customer Support

    24/7 Live Chat, Phone, Email

Remofirst hires full-time employees on behalf of businesses from countries where they have no legal entities. It manages independent contractors and employees of Fortune 500 companies and global startups. Remofirst has a legal team and HR professionals to help businesses avoid expensive compliance mistakes and worker misclassification.

Instead of many invoices, Remofirst aggregates the payroll of the entire global team to create a summary for the companies. Thus, businesses need to invest less time in payroll processing and reconciliation. Remofirst allows them to avoid the risk of discrepancies in multiple invoices.

Remofirst was founded in 2021, and its client base includes big names like Amazon, LinkedIn, Indeed, and monday.com.

  • Key feature

    Hire from 180+ countries in just one click

  • Key feature

    Create compliant and localized contracts

  • Key feature

    HR guidance on onboarding and termination

  • Key feature

    Employee payments in local currencies

  • Key feature

    Receives payments from employers in USD, EUR, GBP, CAD, and SGD

  • Key feature

    On-demand expertise on local rules and regulations

  • Key feature

    24/7 client support and IP protection

  • Key feature

    Access to local employee benefits and health insurance

  • Key feature

    Streamline payroll, tax filings, pensions, etc.

  • Supported Countries

    185+

  • Integration

    9

  • Customer Support

    Email, Phone, Help Center

Velocity Global makes hiring, paying, and managing employees easy while ensuring compliance with local and international laws. It simplifies global workforce management with a powerful platform and an expert service team. Its team of local HR, payroll, and employment experts handles regional compliance and risk mitigation on behalf of the companies.

Velocity Global offers immigration support to global talents for relocation, with a general working visa process and employee visa approvals. To increase accuracy and efficiency, it offers bidirectional integration with software like Workable, JazzHR, BambooHR, and Oracle. The integration supports seamless data exchange in real-time, data customization, and configurable workflows.

Velocity Global is a US-based company founded in 2014. It runs its operation in 60 countries.

  • Key feature

    Accurate and globally compliant payroll service

  • Key feature

    Streamline the hiring process of the top talents

  • Key feature

    Employee data tools for seamless workforce management

  • Key feature

    Employee cost calculator for country-specific expenses

  • Key feature

    Offers every team member with medical and life coverage

  • Key feature

    Transparent global equity programs for compliance

  • Key feature

    Flexible retirement saving plan for international workers

  • Key feature

    Reporting and data analytics to make informed decisions

  • Supported Countries

    110+

  • Integration

    10+

  • Customer Support

    Phone, Email, Chat

FoxHire enables companies to hire talent for their teams from anywhere in the world. It offers 24/7 HR support for businesses so they can get solutions to critical issues at any time. FoxHire primarily hires for healthcare, education, and technology industries. Companies can also hire clerical talents from anywhere in the US.

Before choosing anyone to hire from abroad, businesses can calculate their potential costs by adding that person to the FoxHire platform. If companies want to proceed with the hiring, it also generates a client agreement for company approval based on the employee documents filled out online by the new joiners.

Foxhire was launched in 1992 in the USA and helped companies hire 25,000 employees using this platform.

  • Key feature

    Online document management for hiring and onboarding

  • Key feature

    Background check and screening for fingerprint and drug

  • Key feature

    Timesheet collection for payroll support

  • Key feature

    Benefits, compensation, and unemployment claims

  • Key feature

    Daily and weekly payroll with direct deposits

  • Key feature

    W-2 document filing, payroll taxes, and unemployment taxes

  • Key feature

    Payroll funding, invoicing, and collections

  • Key feature

    Client and employee contract with IRS compliance

  • Key feature

    Immigration authorization and employee terminations

  • Supported Countries

    8

  • Integration

    17

  • Customer Support

    Phone, Help Center

Gusto Global is an ERO service provider that helps expand business internationally. This global all-in-one platform eliminates the need to toggle between different applications for global payroll and reporting by providing these features.

Gusto is suitable for several use cases, including real estate, healthcare, retail, manufacturing, construction, and professional services. It also helps the global team manage time and expenses and make accurate payments. Gusto also lets companies manage all team members from one place.

Gusto was established in 2012 and has served over 300,000 businesses.

  • Key feature

    Built-in compliance with local employment and tax laws

  • Key feature

    Automatically run global payroll for all employees

  • Key feature

    100% owned entity model for localized support and expertise

  • Key feature

    Hire full-time, salaried employees in supported countries

  • Key feature

    Manage timesheets of the employees for accurate payment

  • Key feature

    Pay all employees in their local currencies

  • Supported Countries

    85+

  • Integration

    HRIS, Payroll

  • Customer Support

    Email

Vistra onboards and pays your international team, ensuring local tax compliance and reporting obligations. It reduces the burden of HR management by handling all aspects of employee administration and HR. Thus, the internal staff can focus on the core business and products.

Vistra is a scalable platform where companies can increase the number of people they want to employ through EOR service. It supports quick market entry by making onboarding easy and preparing new hires for work.

Vistra was founded in 2006 and is headquartered in Hong Kong. Over 9,000 experts work for Vistra.

  • Key feature

    Manage the onboarding and offboarding process of a global team

  • Key feature

    Ensure compliance management with statutory, regulatory, and legal requirements

  • Key feature

    Ongoing support for businesses and their employees

  • Key feature

    Local contracts for delicate circumstances

  • Key feature

    No long-term commitment for easy market exit

  • Key feature

    3,000 locally expert professionals across a global network of 45 countries

  • Key feature

    Customized taxation according to individual business needs

  • Key feature

    Accurate and reliable payroll administration

  • Supported Countries

    160+

  • Integration

    HRIS

  • Customer Support

    Chat

Omnipresent facilitates easy global workforce hiring with its set of relevant features. It reduces onboarding time and provides expert support from both employees and employers. It assists with staff relocation through salary benchmarking, visa application, and consultation.

Omnipresent helps businesses avoid risks by providing in-house legal experts. It also saves companies from cost errors through automation and reduces manual tasks. Omnipresent ensures compliance with employment contracts, minimum wage, terminations, and other local laws in all supported countries.

Omnipresent was founded in 2019 and is trusted by companies like Localyze, Hubble, Flywheel, and Juni.

  • Key feature

    Manages payroll with local benefits, taxes, employer contributions, and paid-time-off

  • Key feature

    Pay global employees accurately and on time in local currency

  • Key feature

    Employers get the option to pay in their preferred currency

  • Key feature

    Support integration with HRIS services

  • Key feature

    Competitive benefits for each country

  • Key feature

    Customizable and locally compliant contracts for international employees

  • Key feature

    Advanced IP protection to reduce data leakage risk

  • Key feature

    Automatically collect all employment documents in one place

  • Key feature

    Own entities on premium locations with direct expert access

  • Supported Countries

    180+

  • Integration

    8

  • Customer Support

    Email, Help Center

Oyster EOR is a global employment solution that saves businesses from setting up entities and helps manage compliant employment. It deploys deep employment insights and a team of experts to build a strategic partnership with the companies and help them hire top global talent.

Oyster supports hiring full-timers from 130+ countries. It also reduces risk with IP assignment agreements and confidentiality. Companies can use this single platform to manage employee time-offs, contract changes, allowances, and offboarding for global talent management.

Oyster was launched in 2020 in the USA. Its fully distributed team has employees from 60+ countries.

  • Key feature

    Onboard new talent in 48 hours after hiring compliantly

  • Key feature

    Hires top talents from 180+ countries

  • Key feature

    Generate legal-reviewed and 100% compliant agreements

  • Key feature

    Run timely payroll with more than 99% accuracy

  • Key feature

    Offer competitive salary, equity, and benefits to the global workforce

  • Key feature

    Global payments in 140+ currencies with rewards

  • Key feature

    Data sync support with ERP system

  • Supported Countries

    160+

  • Integration

    HRIS, Payroll

  • Customer Support

    24/5 Dedicated Support

Skuad EOR platform makes international hiring easy. It employs the global team on behalf of a company and allows them to work just like the local employees. Skuad operates in 160+ countries to help organizations onboard easily. It uses security measures such as custom settings, SOC 2 type II, and IP agreements to protect privacy and data security.

Skuad helps with equipment shipping by providing the employees with laptops and monitors without any logistical challenges. It shares up-to-date information about the constantly changing labor laws of each country to help organizations stay compliant.

India-based company Skuad was established in 2019. It served organizations like openSolar, Amartha, TalkRemit, Cactus, and Shiprocket.

  • Key feature

    Hire from a diverse pool of talents

  • Key feature

    Multi-currency payroll in 100+ currencies with taxes and benefits

  • Key feature

    Ensure compliant business operations with regional laws

  • Key feature

    Efficient background checks to streamline recruitment processes

  • Key feature

    Manage visa applications and work permit

  • Key feature

    Handle localized contracts and documentation for quick onboarding

  • Key feature

    Tailored benefits packages with comprehensive healthcare

  • Key feature

    Round-the-clock support from employers and employees

Comparison of Best Employer of Record (EOR) Services

The table below compares pricing, rating, and service offerings for the best Employer of Record (EOR) services.

EOR Service

Rating

Pricing (monthly)

Service Offerings

Explore

Deel

Deel

4.8

/5

$599

Onboarding, payroll, tax, offboarding, reports, analytics

Talent500

Talent500

4.4

/5

Custom

Hiring, payroll, benefits 

Papaya Global

Papaya Global

4.5

/5

$599

Onboarding, payments, contract, compliance

Multiplier

Multiplier

4.8

/5

$400

Payroll, insurance, expenses, time off, timesheets

Remote

Remote

4.7

/5

$599

Onboarding, offboarding, payroll, risk management

Rippling

Rippling

4.8

/5

Custom

Hiring, onboarding, reporting, taxes and benefits

Remofirst

Remofirst

4.5

/5

$199

Hiring, onboarding, payroll, tax filing, termination

Velocity Global

Velocity Global

4.5

/5

Custom

Hiring, payroll, workforce management

FoxHire

FoxHire

4.7

/5

Custom

Onboarding, payroll, insurance, compliance

Gusto Global

Gusto Global

4.5

/5

$599

Hiring, payroll, reports

Vistra

Vistra

4.3

/5

Custom

Onboarding, offboarding, payroll

Omnipresent

Omnipresent

4.5

/5

£499

Onboarding, payroll, staff relocation

Oyster

Oyster

4.5

/5

$599

Hiring, onboarding, offboarding, payroll

Skuad

Skuad

4.2

/5

$199

Hiring, onboarding, payroll, background check, visa application

What is Employer of Record (EOR)?

An Employer of Record is a third-party vendor that is the legal employer of a global workforce. It assumes and performs all legal responsibilities as the employer on behalf of a business entity. It is also known as a global employment organization, supporting companies in global expansion and operations.

EOR usually has a legal entity in different global locations to employ people compliantly. It also helps in the daily administrative tasks of a regular employer, such as onboarding, signing contracts, calculating compensation and benefits, payroll processing, tax deduction, paid time-off calculation, and offboarding. 

How EOR Services Work?

An EOR service provider creates contracts that comply with local laws to hire people from different countries. It also takes care of the onboarding by collecting necessary documents and securely storing them. The Employer of Record also provides health insurance, pension funds, employee compensation, and other benefits. 

EOR also processes employee payrolls according to the local jurisdiction. When making payments, it follows legal obligations and the regulations of the client company. It also handles tax filings and employee termination processes according to the labor law of the employee’s country.

Key Features of EOR Services

The key features of EOR services are legal and regulatory compliance, benefit administration, managing payroll, employee support, and more.

Legal and Regulatory Compliance

Since EORs function as the legal employers of an international workforce, they adhere to complex local labor laws, tax regulations, and legalities of the target countries.

Payroll Management

Payroll management is an important feature of most EOR services. They manage payroll processing, deductions, and timely payments for global employees,

Benefits Administration

EORs manage benefits packages for international employment, which include health insurance, pensions, and other locally required benefits.

HR Support and Management

Some EORs offer HR support, such as onboarding international employees, managing employee relations, and handling their administrative tasks.

Risk Management

Risk management is a key feature of EOR services. They mitigate the risk of non-compliance penalties and legal disputes by local legal adherence.

Recruitment and Talent Acquisition

Many EOR services help with sourcing and recruiting talent in your target markets.

Global Expansion Support

EORs manage all legal and administrative tasks related to hiring a foreign team to streamline your entry into new markets.

Technology and Reporting

EOR services use advanced technology to manage their platform. These also generate reports of international employees.

Employee Experience and Support

Many EOR services offer support channels to provide a positive experience to international hires. 

Benefits of EOR Services

EOR services offer benefits such as compliance with labor laws, cost savings, reduced admin work, simplified payroll and tax management, and more.

Compliance with Local Labor Laws

For any company, managing local labor laws in different countries is challenging. EORs handle complex international labor laws and tax regulations, helping you avoid legal risks.

Simplified Payroll and Tax Management

When companies use EOR services to manage their international employees, they also offload payroll and tax processing, freeing up internal resources for core activities. 

Access to Global Talent

With an employer of record service, the international recruitment process becomes simpler. Thus, you can access a wider range of top talents from different job markets without setting up legal entities in those countries.

Reduced Administrative Burden

Hiring and managing an international workforce adds additional workload for the admins and HRs. Delegating tasks to an EOR service reduces the workload of the company administration.

Cost Savings

While EOR services will cost you charges, these are less than the expenses associated with setting up foreign entities, managing payroll and tax by in-house team, and potential compliance fines.

Enhanced Employee Experience

EOR service providers ensure that your international employees receive payments on time and communicate clearly about proper benefits, and are recruited without any hassle. This positive experience increases the chance of staying with the company.

Scalability and Flexibility

Employer of Record services usually offer scalable services. Thus, companies do not need to worry even about growth and negative growth.

How to Choose the Best EOR Services

To find out the best employer of record services, companies should follow the checklist below.

Understand Your Business Needs

As a business looking for global expansion, you need to assess the organizational requirements and find out which EOR service can cater to those. 

Evaluate Compliance and Legal Expertise

Before choosing an EOR service, check to see if it has a proven track record of handling the complex labor laws and tax regulations of your target countries.

Assess the Range of Services Offered

Not all EOR service providers offer the same facilities and functionalities. Find out about the range of services EOR offers, such as payroll, benefits, onboarding, and visa sponsorship, to ensure these align with your requirements.

Consider the Technology and Platform

Since EOR services need to manage global teams and maintain smooth communication with employers and employees, it should have the necessary technology. The platform should be user-friendly for functionalities like onboarding and payroll.

Review Pricing and Cost Structure

After shortlisting the EOR services, go through their pricing model, including potential hidden fees. Choosing solutions with transparent pricing helps to avoid surprises. While the pricing should align with your budget, it should not be prioritized over quality service.

Evaluate Customer Support and Service Quality

EOR services should have a reliable and responsive customer support system. Their customer support channels should be responsive enough to address your needs effectively.

Check for Scalability and Flexibility

Users should look for providers who can scale their services to adapt to their changing business needs.

Reputation and Track Record

You must check the reputation of the EOR service provider before choosing its service. Only companies with a good track record can provide reliable solutions.

Evaluate Employee Experience

The employees you hire through EOR should have a smooth experience. Know which EOR facilitates a positive experience for the global workforce.

Future Trends in EOR Services

Future trends in EOR services include using AI-powered automation tools for payroll processing and compliance checks. Some EOR service providers will offer tailored services to meet the specific needs of different industries. EOR services will expand to cater to geographically dispersed workforces, complementing the remote work trend. This will involve being prominent in key markets and developing a deep understanding of local labor laws and tax regulations. EORs will prioritize legal risk mitigation to ensure compliance.

Who Benefits Most from EOR Services? 

Employer of Record (EOR) services are most beneficial for businesses wanting to expand internationally. Companies that want to enter new markets quickly but do not want to set up their own entities let EORs handle the legal aspects, like payroll, tax, and compliance, of employing foreign people. This saves time and mitigates risk for businesses, making it a valuable tool for global business expansion.

Explore more on Recruitment Solutions

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Source: geekflare.com

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