Business Type: LNG Carrier

Location: Philippines, Singapore and South Korea

Key Stakeholders: Group Human Resources Director, Head of Compensation & Benefits and Regional Human Resources Business Partner

Faststream Consultants Involved: Chris Bramley, CFO and Stuart Barber, Finance Director.

As part of a major LNG and FSRU newbuilding programme, a leading global shipping organisation faced complex employment and payroll challenges across South Korea, Singapore, and the Philippines. With no legal entities in these locations, they needed a fully compliant solution to recruit and manage site-based contractor personnel. Faststream delivered a tailored Employer of Record (EOR) and international payroll service, enabling fast mobilisation, cost efficiency, and long-term workforce support across multiple jurisdictions.

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The Challenge

Our client needed to rapidly mobilise a specialist site team to support a large-scale LNG and FSRU newbuilding programme across South Korea, Singapore, and the Philippines. However, operating in new jurisdictions brought a host of complex challenges, from understanding local tax and employment laws to managing risk and ensuring full compliance.

With no established legal entities in these countries, the client required a reliable solution to employ and pay personnel compliantly, without taking on the cost and administrative burden of setting up regional operations.

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The Solution

Faststream implemented a fully managed Employer of Record (EOR) and international payroll solution tailored to the client’s operational and compliance needs.

We provided:

• Full employment coverage including medical benefits, bonus schemes, and employer liabilities

• Dedicated account management, acting as a single point of contact for all personnel and payroll matters

• Local compliance through trusted in-country partners to ensure adherence to labour laws, tax regulations, and evolving legislative requirements

This solution enabled the client to onboard and manage engineering personnel across South Korea, Singapore, and the Philippines, without the need to establish local entities, ensuring rapid mobilisation, legal compliance, and centralised oversight.

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The Results

Through Faststream’s EOR and international payroll solution, the client achieved:

• Rapid workforce mobilisation – able to deploy qualified personnel within days, meeting urgent project timelines with minimal delay

• Significant cost savings – avoided the financial and administrative burden of setting up legal entities in three separate countries

• Compliance peace of mind – ensured full alignment with complex local employment and tax laws, reducing risk across multiple jurisdictions

• Long-term workforce scalability – enabled the successful delivery of multiple LNG and FSRU assets over nearly a decade using our solution

• Centralised support – one point of contact for all international employment and payroll matters, improving communication and operational efficiency

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Would you like to explore how our EOR & International Payroll Solutions can support your business? Get in touch with our experts today.

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