Global mobility is increasingly a key feature in driving business success. The need to maintain business performance and generate growth means exploring new markets.
International assignments hold a key role, whether by establishing footholds in strategic markets or providing international experience for future leaders.
If you want the best from your people, then appropriate consideration of their remuneration packages and taxation is a necessity, if they are relocating to work in another jurisdiction.
Cross-border operations also provide additional complexity, as there will be additional legal and compliance requirements to consider.
The Covid -19 pandemic has changed the way that people work. Technology has made it possible for people to work from anywhere and this adds more complexities and challenges to the already complex world of multi-jurisdictional tax and social security compliance. Companies now have to deal with the “accidental expats” who have found themselves stuck and working remotely from a different country due to the pandemic. In addition, we also see a rise in what is emerging as a “new normal” way of working i.e. working remotely from anywhere in the world. Whether by accident or by design a globally mobile workforce brings great opportunities and challenges to both the company and the worker.
How can we help?
We can provide support to the employer and the employee in dealing with the tax and social security issues related to cross border working. With the support of our extensive network of HLB International partner firms we can help to ensure tax and social security compliance for you and your employee in every jurisdiction that you operate in.
Contact Menzies Global Mobility Services team
To speak to a partner or for more information about the services we offer please contact one of the Menzies LLP offices or complete the contact form below.