Short-term business visitors (global)
The post-pandemic world, has seen a significant increase in business travel, remote working and hybrid forms of working. Multinational companies with hundreds of business travellers scattered across the globe need to apply a risk-based approach to manage their tax and immigration obligations and assess business travel requests in real time.
Some tax and immigration challenges that make complying more complex for employers with employees who make short-term business trips overseas include:
- Tax and immigration authorities frequently sharing information with each other
- Tax and immigration regulations changing daily
- Complex tax compliance reporting rules in place for business travellers in many countries like the UK and Ireland
Failure to comply with these obligations can lead to penalties, fines, and reputational loss.
Our services
We provide our clients with solutions to manage these risks and bolster compliance.
This includes:
- Designing and implementing business traveller policies and processes to identify business travellers and the associated compliance obligations.
- Advising on work permit/visa, tax compliance, payroll and other regulatory compliance obligations.
- Applying for tax and immigration relaxations in respect of short-term business travellers.
- Integrating Forvis Mazars’ app-based technology tool Track Global into policies and processes, enabling employers to:
- Track business travellers who submit travel requests in a secure app-based portal
- Comply with tax and immigration regulations in real time
- Produce risk assessments
- Build country by country risk reports
- Forecast future compliance risks and take action to mitigate them
Track Global provides employers with a platform to use data analysis to apply a proactive risk-based approach to managing their business travellers. Employers benefit from Forvis Mazars’ insights and findings obtained from the data gathered and can identify risks up front before they become a problem.
Get in touch
If you need support with any of the above, please get in touch with the team.