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As companies and organisations expand internationally, they understandably often stick with established country-specific payroll processes to ensure employees get paid on time.
However, this disjointed approach often overlooks critical elements which may have a significant affect on both compliance and profitability. What is the optimum legal entity for the employer? Are there increased taxes or social security implications in different territories? Can the employer offset tax treaties? Will the employees be subject to local union agreements which may distort the cost of market entry?
activpayroll is recognised as an outright industry leader in international payroll, tax planning and tax compliance, able to deliver both centralised and local payroll services to clients employees and manage payrolls across 5 continents through our activpayroll offices and network.
Using integrated international payroll services in this way has many strategic advantages, including providing economies of scale, alignment of global resources, global methodologies, performance metrics and the advantage of group reporting.
Among the many international payroll and taxation services provided by activpayroll are:
- multi-currency wage payments
- tax equalisation agreements
- pre-contract and pre-assignment tender planning
- host and home country compliance and advisory services.
All these international payroll and taxation services can be tailored for each country’s specific requirements, delivered by experienced, established experts who can interface with the local regulatory bodies. This means activpayroll can deliver local support for employees in their local language and culture along with central reporting and integration with the client’s ERP systems.
activpayroll has assembled a highly qualified team (AGES - activpayroll global employment solutions) with extensive “Big 4” accountancy and multi-national oil service experience. This team works closely with clients on planning, costing and the structure of employment relations where individual employees are required to work outside their normal country of residence.
The team also handles the tax return compliance for both employer and employee in jurisdictions where income tax and social security liabilities are triggered and where filings are required.
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