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Summary
Multiplier is the best-value EOR for companies hiring primarily in Asia. At $400/month per employee — $199 less than Deel and Remote — and headquartered in Singapore with an ASEAN-timezone compliance team, it fits Asia-first teams watching burn. Over 10 employees the fee gap is $23,880 per year. The trade-off: a mix of owned and partner entities in some markets, and thinner coverage outside the region. If 80% of your headcount is in ASEAN, Multiplier is the right default. If you’re equally split across continents, look at Deel or Remote.
Ratings Breakdown
Multiplier in Asia: Key Facts
| Detail | Value |
|---|---|
| HQ | Singapore |
| Founded | 2020 |
| Employees | 1,100+ |
| Asian countries covered | 10 |
| Total countries | 150+ |
| Time to first payroll (Singapore) | 1–2 business days |
| Time to first payroll (India) | 2–3 business days |
| EOR pricing | From $400/employee/month |
| Contractor pricing | $40/contractor/month |
| Deposit required | Varies by country |
| Local entities owned | Mix of owned and partner (owned in Singapore, India; partner in some markets) |
| Integrations | Workday, Personio, HiBob, BambooHR |
| Payment methods | Bank transfer, in-house FX conversion |
| Mobile app | No (web app only) |
| Free trial / demo | Demo available; no credit card required |
| Certifications | SOC 2 Type II, ISO 27001:2022 |
What Multiplier Does Well
$400/month that undercuts Deel and Remote by $199
Multiplier’s EOR fee is $400/month per employee. Deel and Remote start at $599. Over 10 employees that’s $23,880/year in savings; over 25 it’s nearly $60,000. No teaser pricing — benefits administration, payslips, and compliance updates aren’t gated behind add-on modules. Contractor pricing at $40/month is among the lowest in the category (Deel charges $49, Remote $29–99). Aspire, a Singapore-based fintech, saved over $1M annually after onboarding 80+ employees in India through Multiplier.
Singapore-native compliance, ASEAN timezone
Most global EORs are US companies with Asia outposts. Multiplier is headquartered in Singapore. The compliance team works in the same timezone as your hires and has on-the-ground familiarity with Vietnam and Thailand — markets where US platforms often rely on remote consultants. When something breaks in Manila or Jakarta, you’re not waiting for Austin to wake up. MoEngage onboarded 50+ employees across 19 countries including Dubai, Indonesia, and Singapore with 100% compliance through Multiplier’s APAC-first approach.
Vietnam and Thailand coverage that actually works
Vietnam’s social insurance (BHXH, BHYT, BHTN) adds about 21.5% to salary cost — 17% employer, 4.5% employee. Get the calculation wrong and you’re in audit territory. Multiplier handles Vietnam as a first-class market, not a partner-led afterthought. Thailand’s Social Security Fund and workmen’s compensation are managed in THB with local contracts. Many competitors either skip these markets (Rippling) or use third parties with less control (Oyster). If you’re building a team across Singapore, Vietnam, and Thailand, Multiplier’s ASEAN coverage is a genuine differentiator.
In-house FX conversion
Multi-currency payroll uses in-house FX, not a third-party rail. That cuts delay and reduces the FX exposure you’d carry with an external provider. One caveat: some review sources note FX markups can reach ~8% in certain corridors — ask for the specific rate on your payment routes before committing.
Fast onboarding in owned-entity markets
Singapore: 1–2 business days to first payroll. India: 2–3 days. On par with Deel in the markets that matter most. DB Results went from 0 to 100+ employees in the Philippines in 10 months using Multiplier’s onboarding pipeline.
Where Multiplier Falls Short
Hybrid entity model adds variability
Multiplier owns entities in some markets (Singapore, India) and uses partners in others. In partner markets, your employment contract is issued by the partner entity, not a Multiplier subsidiary. Contract terms and response times can vary. For high-stakes hires or sensitive roles, confirm owned-entity status before signing. Deel owns entities in all 10 Asia markets — if owned-entity assurance matters everywhere, Deel is the safer pick.
Global coverage outside Asia is thin
Multiplier’s European and Americas setup isn’t in the same league as Deel or Remote. Entity coverage, support depth, and local compliance expertise are tuned for Asia-Pacific. Using Multiplier for Asia and another EOR for Europe is possible but adds vendor overhead. If your roadmap is truly global, a single vendor may be simpler even at higher cost.
Support quality drops in smaller markets
Singapore and India get responsive, same-timezone support. In Sri Lanka, Bangladesh, or lower-volume countries, resolution can drag. Trustpilot reviewers flag slow email support and delayed invoicing. There’s no single SLA that applies everywhere — support quality scales with how important that country is to Multiplier’s book.
Deposit refund process draws complaints
Several Trustpilot reviews cite difficulty recovering upfront deposits on offboarding — amounts exceeding €10,000 in some cases, with slow refund timelines. Ask for deposit and refund terms per country in writing before you extend offers.
Pricing Breakdown
Base EOR fee
$400/employee/month. Includes multi-country payroll, local currency payments, employment contracts, compliance support, benefits and insurance administration, expense and leave management, digital payslips, and 24/5 HR and legal support. No setup or onboarding fees.
Add-on costs
| Service | Cost |
|---|---|
| Contractor management | $40/contractor/month |
| Insurance packages | Additional (country-dependent) |
| Country-specific premiums | Japan and some complex markets may carry higher rates |
What’s NOT included
No built-in recruiting, performance management, or IT device management. Immigration and work-permit services are not offered. FX conversion is in-house but markups vary by corridor — clarify the rate on your specific payment routes.
Volume discounts
Not publicly listed. Custom pricing available for larger teams. Multiplier targets SMBs and mid-market — expect negotiation room at 25+ employees.
How it compares
$400/month is $199 less than Deel and Remote ($599) and $200 less than Payoneer WFM’s advertised starting rate. At the budget end, Remofirst ($199) undercuts even Multiplier — but with fewer owned entities and thinner compliance teams. For Asia-specific value, Multiplier hits the sweet spot between price and capability.
Multiplier Asia: Country-by-Country
Home market, owned entity. Fastest Multiplier onboarding at 1–2 days.
Owned entity. Onboarding: 2–3 days — on par with Deel.
Owned entity. DB Results scaled 0 to 100+ hires in 10 months on this platform.
Confirm owned vs partner entity before scaling.
Japan typically carries a premium above the $400 base. Get a country-specific quote.
Standard ASEAN market. Onboarding: 3–5 days.
Key differentiator — many EORs skip Vietnam or use partners. Multiplier handles it natively.
Vietnam + Thailand at $400/month in one platform is rare. Onboarding: 3–5 days.
Confirm owned vs. partner entity. Smaller markets see slower support escalation.
Covered, but budget for longer resolution times compared to Singapore or India.
Pros and Cons
Pros:
- $400/month saves $23,880/year vs Deel or Remote across 10 employees
- Singapore HQ with ASEAN-timezone compliance team
- Vietnam and Thailand covered natively with accurate social insurance calculations
- In-house FX conversion reduces delay on multi-currency payroll
- Contractor pricing at $40/month is among the lowest in the category
- 1–2 day Singapore onboarding and 2–3 days in India on par with premium providers
- SOC 2 Type II and ISO 27001:2022 certified
Cons:
- Mix of owned and partner entities — compliance quality varies by country
- European and Americas coverage is not comparable to Deel or Remote
- Support responsiveness drops in smaller ASEAN markets (Sri Lanka, Bangladesh)
- Deposit refund process draws complaints on Trustpilot — get terms in writing
- FX markup can reach ~8% on some corridors — clarify before committing
- No mobile app — web only
- No immigration, recruiting, or IT device management features
How Multiplier Compares
Pick Multiplier if Asia is 80%+ of your hiring and you want to save $199/employee/month. Pick Deel if you need owned entities in every market or heavier hiring outside Asia.
Multiplier wins on price ($400 vs $599), Vietnam/Thailand depth, and Singapore-native support. Remote wins on IP protection and free contractor tier — choose by Asia-first vs IP ownership priority.
Multiplier is EOR-first and Asia-optimised; Rippling is HRIS-first with EOR as one module. Pick Multiplier for Asia-heavy, cost-sensitive teams; Rippling if you already use it for US payroll.
Multiplier offers first-class Vietnam and Thailand coverage and lower EOR pricing; Oyster uses more third-party partners in those markets. Pick Multiplier for ASEAN depth and value.
Case Studies
Singapore fintech onboarded 80+ engineers in India through Multiplier, avoiding entity setup costs entirely. Head of People cited “milestones at record speed.”
Australian consulting firm scaled from 0 to 100+ Philippines hires at 10/month. Payroll that previously took days now runs in “a couple of clicks.”
B2B SaaS company switched from a competing EOR after finding it “restrictive.” Now runs Dubai, Indonesia, and Singapore hires with 100% compliance through Multiplier.
Kuala Lumpur edtech dropped local entity setup in favour of EOR. Built-in salary calculator and country onboarding guides reduced time-to-hire across Europe and Asia.
Logistics platform managing last-mile delivery across 150+ customers. Switched to Multiplier for global payroll and EOR after poor experiences with previous providers. 99.5% payroll accuracy.
NYC tech company eliminated cross-border compliance risk across India, Philippines, Spain, and Montenegro. CEO: “We feel much more at peace knowing we’re in compliance.”
Real User Feedback
| Platform | Rating | Review Count |
|---|---|---|
| G2 | 4.7 / 5 | 1,300+ reviews |
| Trustpilot | 4.9 / 5 | 2,564 reviews |
| Capterra | 4.7 / 5 | 41 reviews |
Total reviews across platforms: 3,900+
What users praise:
Trustpilot reviewers (4.9/5 across 2,564 reviews) consistently highlight straightforward pricing, fast onboarding, and responsive ASEAN-timezone support as top reasons for choosing Multiplier. G2 reviewers emphasise the platform’s ease of use for APAC hiring and the $400 price point as a clear advantage. The compliance handling in Singapore and India draws particular praise from tech companies with development teams in those markets.
What users complain about:
The most common negative theme across Trustpilot: deposit refund difficulties on offboarding, with some reviews citing amounts above €10,000 and slow resolution. G2 reviewers flag slower support in smaller markets and occasional invoicing delays. A smaller but consistent set of reviews mention FX conversion markups that weren’t clear at sign-up.
Final Verdict
Who should use Multiplier:
- Startups (1–10 international hires): Ideal if your team is mostly in Singapore, India, Philippines, or Vietnam. The $400/month fee is startup-friendly, and 1–2 day Singapore onboarding matches premium providers. The savings compound — $23,880/year over Deel across 10 hires is a meaningful number at Series A.
- Mid-market (10–50 hires): Strong fit for Asia-heavy mid-market teams. The ASEAN-timezone support and Vietnam/Thailand coverage become real advantages at this scale. Confirm which markets use owned entities vs partners.
- Enterprise (50+): Works for Asia-concentrated enterprise teams, but the platform lacks the analytics depth and global breadth of Deel, Remote, or Rippling. Enterprise buyers with global hiring across 3+ continents should evaluate Deel or G-P.
Who should NOT use Multiplier: Teams hiring heavily in Europe or the Americas — the global coverage doesn’t match Deel or Remote. Teams that need owned entities in every market — Deel is the safer choice. Companies requiring immigration services, IT device management, or advanced HR analytics.
Bottom line: Multiplier is the best-value EOR for Asia-focused hiring. $400/month, Singapore-native compliance, and real Vietnam/Thailand coverage. The $23,880 annual savings over Deel across 10 employees is genuine; the trade-off is a hybrid entity model and support that’s strongest in the region’s largest markets.
Best suited for: Asia-focused companies, startups watching burn, and teams building in Vietnam, Thailand, or across ASEAN.
Visit Multiplier: usemultiplier.com
Further Reading
- EOR Cost Guide — What Does an EOR Cost in Asia?
- How to Hire Your First Employee in Singapore
- EOR vs Setting Up a Company in Asia
- Best EOR Platforms for Startups Expanding to Asia
- EOR Pricing: What Providers Don’t Tell You
Frequently Asked Questions
Does Multiplier own its entities in all Asian countries?
No. Multiplier owns entities in core markets like Singapore and India. Other markets use partner entities. The practical difference: owned-entity markets have direct Multiplier control over contracts and compliance; partner markets add a layer between you and the employing entity. Ask which structure applies in each country before committing.
What’s the real total cost per employee with Multiplier in Singapore?
Base EOR: $400/month. Add employer CPF (17% for employees under 55), and the $400 fee itself. For a Singapore employee earning $5,000/month, budget roughly $5,850/month all-in including the EOR fee and employer CPF. That’s ~$650/month less than the same hire through Deel.
How does Multiplier handle Vietnam’s social insurance?
BHXH (social insurance), BHYT (health insurance), and BHTN (unemployment insurance) total ~21.5% employer-side on salary. Multiplier calculates and remits all three. This is a first-class market for Multiplier, not a partner afterthought — a genuine differentiator vs Deel (which also covers Vietnam) and Remote (which uses a partner there).
Is the $400/month price guaranteed for all countries?
The $400 starting rate applies broadly, but complex markets like Japan may carry a premium due to Shakai Hoken and regulatory overhead. Always get a country-specific quote. There are no setup or onboarding fees regardless of country.
Why do Trustpilot reviews mention deposit refund issues?
Several reviewers report difficulty recovering upfront deposits — typically one month’s salary — on employee offboarding. Amounts exceeding €10,000 are cited with slow refund timelines. Get deposit terms and refund timelines per country in writing before extending offers.
Can Multiplier handle hiring in Europe and the Americas?
Technically yes — Multiplier covers 150+ countries. But the compliance depth, support quality, and entity infrastructure outside Asia aren’t comparable to Deel or Remote. If you’re hiring 2–3 people in Germany alongside a 20-person India team, Multiplier can manage it. If Europe is half your headcount, use a provider built for global coverage.
How does Multiplier compare to Payoneer WFM on price?
Payoneer WFM starts at $199/month — half of Multiplier’s $400. The trade-off: Multiplier has stronger compliance in Vietnam and Thailand, more mature platform features, and a larger compliance team. For absolute lowest cost, Payoneer WFM wins. For the best balance of price and Asia compliance quality, Multiplier is the pick.
