HOT TOPIC FRIDAY: In the age of remote work, have you become a multinational company by accident? Planning for compliance fallout
- This event has passed.
Coronavirus lockdown requirements have forced a staggering number of companies to ask their employees to work from home. This widespread adoption of remote working will almost certainly normalize the practice for many multinational companies — and cultures — that had previously shunned it. Many employees will in turn want to continue working from home so they can achieve greater work-life balance, live in desirable areas, and get other associated benefits.
Much of the available guidance on implementing remote-work policies and practices focuses on promoting employee engagement, communication, and productivity. This is understandable and appropriate, but there is another critical and often overlooked element to managing a remote workforce, especially when managing remote workers in other countries: compliance with local laws. Employing a single person who works from home in another country puts your organization at risk of triggering obligations related to corporate and individual tax, social security, work permits, visas and more.
In this webinar, you will learn about:
- Permanent establishment principles
- When you need to apply for visas and work permits
- Individual income and social security obligations in home and host countries
- Tax equalization and shadow payrolls
- Data protection considerations
- Developing remote working policies and more
Vice President, Advisory
One (1.0) CPE credit available. Field of Study: TBA
FEI is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Questions regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website, www.NASBARegistry.org.