Short- and Long-term Assignment Solutions
Assigning your employees to foreign countries is a very complex matter since you are obliged to follow not only the Canadian regulations, but also the regulations of the destination country. Convincing employees and their families to move abroad and keeping them happy is another crucial part.
If you are planning to send employees abroad, our first goal is to make you aware of the key issues, and then work with you on a plan to address them.
Assignment Policies
Due to the complexity of international assignments and the multitude of issues that can arise, we highly recommend that you have a written policy in place that clearly spells out all the relevant details. You may need different variations of these policies depending on the duration of the assignments or the destination countries.
Based on your needs, we can create a comprehensive policy, covering among others:
- Expatriate Benefits or Allowances with regards to housing, transportation, tuition, family home flights etc.
- Salary determination under consideration of cost-of-living/quality-of-living data and different statutory deductions
- Tax Equalization/Tax Protection and other employee tax issues
- Payroll and withholding requirements
- Expatriate medical coverage and impacts on MSP and your current benefit plans
- Certificates of Coverage (to remain in the Canadian Pension Plan)
- RRSP issues
- Assignments extensions and Repatriation
Expert Network
In preparation and during the assignment you will need experts and service providers on hand to help you and your employee. Most critical for international assignments is smart tax planning and competent tax advice relating to both, home and host country. Other experts include expatriate benefit providers, international movers, data providers etc. We have an established network of recommended experts and providers that we can work with hand-in-hand while developing your policies and who you can continue to use whenever necessary.