With Greenvissage, Do Not Worry If your Expatriate Taxation is done correctly

The aim is to design an optimum salary structure by introducing components to avail maximum exemptions. Expats are informed about the mandatory social security benefit contributions like provident fund. Aspects like social security agreements between countries are checked for eg: a seconded employee from Germany can opt out of the provident fund contributions whereas a UK expat cannot. Investment opportunities are explained which can have a positive tax impact. The tax implication of any perquisites is covered.

Assistance is provided in calculations of expat tax equalisation to finalise the salaries with satisfaction to employees and cost control to the foreign companies.

Withholding tax is a responsibility of the company but the ultimate responsibility of paying the due taxes lies with the expat. We ensure accuracy in the taxes withheld and see to it that it is fully compliant with the tax rules and regulations. In cases where the payroll involves complexities like tax equalisation, salary being split and paid both in home country and host country, reimbursements are required to be done to the associated enterprise, we provide support by monitoring the payroll function in the initial stages to ensure there is no surprise lapse at the year end.

When the remittances are due for the reimbursement of salaries to the associate company in the foreign jurisdiction for payments to the expat employees in their home country, there are certifications required by the bank to complete the remittance. We help in these certifications and also assist the company in preparation and liaising with the bank for any documents/explanations required for hassle free remittances.