Expatriate Services Report Provides Reference Tool for Companies with Internationally Mobile Workforces
London (PRWEB UK) 1 July 2016 -- The report, published by Alliott Group, a leading international alliance of professional services firms, covers 29 countries and is targeted at the needs of senior executives working for internationally focused SME businesses and provides a reference tool on the mesh of interrelated tax, immigration and employment law issues that will be encountered by an internationally mobile workforce. Click here to download the report.
Luc Lamy, Chairman of Alliott Group’s Expatriate Services Group and a partner at Tax Consult SA in Belgium, comments: “In today’s competitive global business world, employee mobility is crucial. Many governments have been creative in developing ‘impatriate’ schemes that aim to attract senior executives and world class leaders to live and work in their countries. However, to expand abroad successfully, companies need to be able to assign the right people to the right locations at the right time. A full appreciation of the correct tax and legal procedures in different countries will ensure companies and individuals save time and money and avoid the debilitating penalties that make the difference between an international assignment’s success or failure.”
The report covers the following 29 jurisdictions:
Europe: Austria, Belgium, Cyprus, France, Germany, Greece, Guernsey, Hungary, Isle of Man, Italy, Malta, Netherlands, Poland, Portugal, Romania, Spain, Switzerland, Turkey, UK.
North America: Canada, Mexico, Puerto Rico, USA.
Asia Pacific: Australia, China, Hong Kong, India, New Zealand, Singapore.
Information in the report answers the types of questions handled on an almost daily basis by Alliott Group members, including:
- What are the necessary formalities and procedures an employer must follow when assigning employees from one country to another?
- Is a work permit or visa required in the host country?
- What types of benefits can be provided to employees and what are the costs?
- What is the impact of an international assignment and relocation on a social security scheme?
- Which conditions and circumstances enable expatriates to benefit from tax advantages and exemptions in different jurisdictions?
- How many days does a foreign individual need to spend in a different jurisdiction to be considered resident for tax purposes?
Lamy adds: “The services available from Alliott Group member firms worldwide will help companies to better manage the mobility process, assess optimum remuneration packages and monitor cross border employment structures and company costs.”
About Alliott Group
Achieving the right advice and solutions that ensure success is no longer the sole preserve of large corporates and the wealthiest individuals. Through Alliott Group, the essential ingredients for successful market entry, such as local knowledge and connections, deep technical expertise, sector experience, speed to market, flexibility and economies of scale, are now accessible to ambitious small and medium sized businesses. Founded in 1979, and with some 170 member firms in 70 countries, Alliott Group’s aim is to be the alternative, ‘go to’ resource for businesses and private individuals focused on cross border business.
For more information
For more information, please visit our website (http://www.alliottgroup.net), contact Head of Worldwide Marketing, Giles Brake (giles(at)alliottgroup(dot)net) or follow our updates on Twitter (@Alliott_Group1) or on LinkedIn.
Giles Brake, Alliott Group PR, http://www.alliottgroup.net, +44 7855747702, [email protected]
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