INTERNATIONAL TAX, LEGAL & ALLIED SERVICES VIA PARTNERS
Our tax and legal services are aimed at your relocating employees; and are tailored after understanding DTAA and SSA agreements with India. Our tax partners have a strong grasp of international tax regulations; and provide advice in consultation with immigration expertise from Lex Visas. Other allied services offered via partners complete the single point service delivery.
TAX & LEGAL SERVICES
A Permanent Account Number (PAN) is a tax identification number and is required to deposit the withholding tax or other income tax payments in India. It is required for opening a bank account, receiving salary and receiving social security contributions, etc. If applying from India, the application may be submitted by a foreigner only after obtaining a Residence Permit.
Drafting of Employment Agreement
This service assists in creation of a master employment agreement for expats relocating to India considering the legal, tax and social security regulations. This agreement may then be used as a starting point for all the expats relocating to India to work for your company.
Designing of Compensation Structure
he primary objective of this service is to optimize the salary structure for tax and social security contributions in India. It involves defining the components of the salary structure after understanding the Income Tax Act 1961, Double Taxation Avoidance Agreement (DTAA) & Social Security Agreements (SSA).
Preparation & Filing of Tax Returns
Preparation of annual income tax returns for foreign nationals requires special expertise. This includes advisory in connection with taxation on foreign income earned during local hire or secondment in India; and ensuring full compliance while filing of income tax return in India.
Withholding Tax (TDS) Payment
Tenants on personal lease are required to deduct withholding tax / TDS and pay the same periodically to the landlord’s tax account. Based on tax residence status of the landlord, the withholding tax is required to be paid either every month or only once a year.
ALLIED SERVICES
Aadhaar Card Application
Aadhaar is a 12-digit unique identity number that can be obtained by foreign nationals who have spent more than 182 days in India during the twelve months immediately preceding the date of application. It is required for social security contributions and withdrawals. It may also be required for some online authentications like lease registration, etc.
Employer of Record (EOR) Services
An Employer on Record (EOR) service is a comprehensive employment solution that enables businesses to expand their global workforce. With EOR, a specialized provider takes on the responsibility of being the official employer for the client’s overseas staff, handling payroll, tax compliance, benefits administration, and other HR-related tasks.
Social Security Withdrawal
A Social Security Agreement is a bilateral agreement between two countries to eliminate dual social security taxation and to help people who have worked in both countries receive benefits without facing adverse tax consequences. Withdrawal of Social Security Contributions at the end of the assignment is usually complex and subject to this SSA.
Packing & Moving Coordination
Oversee & manage the Packing & Moving process for the family relocating in & out of India by recommending suitable providers, requesting quotes, awarding contract and supervising the work of selected vendor on behalf of the company / assignee.
Culture & Language Training
Oversee & manage the training program for the family by recommending suitable culture or language trainers and supervising the work of selected trainer on behalf of the client / assignee. Scope involves need assessment, shortlisting trainers, setting up introductory meeting with the selected trainer and monitoring the conduct of training.