Organizations of all sizes are taking advantage of the increasing ease with which human capital can be shared and utilized across borders.
As companies endeavour to expand their local (home country) operation into new and emerging foreign (host country) markets, they require the skills of their experienced home country employees to explore new host country opportunities, conclude and fulfill contracts there, set up branches and subsidiaries, implement systems and train new employees.
Once a foreign / host country presence has been established, companies continue to require the knowhow of their qualified home country personnel to follow up with ongoing training and maintain internal controls, systems, and processes.
Short-term assignments are often the perfect fit for the corporation whose goal in entering a new market is either to complete a specified construction or installation project within a predetermined time or to establish a self-sustaining subsidiary or branch.
Related home country and host country federal and provincial / state tax laws in different countries are complex and are often not obvious to the company and its employees. This is an area that receives close scrutiny by taxation authorities and significant penalties can be imposed by taxation authorities for non-compliance.
We will guide you through the reporting requirements needed for each stage of the movement of human capital associated with your business expansion into or outside of Canada, including payroll withholding requirements and tax filings ensuring that you and your employees comply with all filing obligations.