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The lifecycle of a global assignment.

Global mobility is on the increase with more and more organisations moving towards globally integrated operation models in an effort to develop, retain and attract the best talent. Here, we look at the lifecycle of an expat.

At Buzzacott we are no exception to this trend and over the years we have increasingly expanded our offering to the benefit of our clients and our people. In fact, 2013 witnessed one of the biggest changes to our firm – we broke our near 100-year-old tradition and opened Buzzacott’s first office overseas in Hong Kong.

Practicing what we preach, we relocated Partner Carlo Gray and Senior Manager Ishali Patel to Hong Kong to lead this new venture of Buzzacott. Supported by the resources of the 50-strong Expatriate Tax Services team in London, Carlo and Ishali have now been expats in Hong Kong for over two years where they help others like themselves overcome the challenges that a global assignment can bring.

Based on Buzzacott’s expertise and their own experiences, here we’ve given a brief overview of the different stages of the lifecycle of an expat and what businesses and employees should be aware of.

How we can help

Together, Buzzacott’s Expatriate Tax Services and HR Consultancy teams help employers managing an internationally mobile workforce handle a multitude of individual wants and needs, as well as providing expert advice on tax and compliance risks. Whether you are in need of specific tax, HR or general global mobility advice, please get in touch to see how we can help.

E | enquiries@buzzacott.com.hk

T | +852 3752 8871 / +852 3752 8885

You might also be interested in… Global working.

Take the pressure off your inhouse resources by adding our team to yours. We offer joined-up tax and payroll solutions, plus HR support for relocating employees and their families. You can lean on our global mobility team throughout. The better we know you, the more practical and personalised our advice can be.

Expatriate tax advice for global workers

  • Wherever you’re based, our dedicated expat tax team can guide you and your staff through the maze of local liability and legislation.
  • Help with payroll compliance, reporting and structuring (to avoid double taxation); we can also run shadow payroll in countries such as the US
  • Prepare and review budgets for relocation and living expenses; planning for exits and completion
  • Liaise with HMRC or the IRS on your behalf and prepare financial statements on employees’ reportable income

Support the wellbeing of international employees

Team up with our HR specialists to ensure your globetrotters make stress-free transitions and hit the ground running. We can:

  • Arrange employee induction plans and cultural business coaching
  • Advise relocating partners and spouses on business/medical insurance or school enrolment
  • Support individuals and internal HR teams with employees returning at the end of an assignment

Download these useful resources:
The Lifecycle of a global assignment

 

Video: 'Making a success of your international assignments through expat agreements'