Services
LEGAL REQUIREMENTS
Resident visa and work permit requirements
Have all necessary immigration formalities been fulfilled for the non EEA nationals to legally reside and work in Belgium?
Before entering Belgium to exercise professional activities, a work permit or professional card as well as a residence visa need to be obtained. None compliance may result in expulsion of the employee and may lead to (penal) sanctions for the employer.
OUR ASSISTANCE
We assist you to ensure these legal requirements are handled well in advance of the arrival of the assignee.
SOCIAL SECURITY
Global mobility and social security issues
Global mobility gives rise to plenty of questions in this area:
- Will the home social security system remain applicable while on assignment or will the host country social security system be applicable?
- Which social security benefits are still granted?
- How will my state pension be built-up?
- What are the formalities to be complied with?
- Can the cost of the social security taxes be reduced through application of international social security treaties?
OUR ASSISTANCE
We will assist you on these items not only to explain but, even more important, to optimize the assignee’s social security situation by applying the respective social security treaties.
We will assist obtaining the required certificates in order to remain subject to the home country social security system, where applicable.
INCOME TAX
Global mobility and income tax issues
Global mobility gives rise to plenty of questions in this area:
- In which country are income taxes due?
- Can double taxation be avoided?
- Can the overall tax burden be reduced?
- Are you compliant with local tax requirements?
- When is a permanent establishment created?
OUR ASSISTANCE
We will assist you sorting out the most tax efficient set-up of the international assignment:
- Implementation of split-payrolls thus reducing the overall tax burden;
- Preparation of the request to obtain the special tax status applicable to impatriates or researchers assigned to Belgium;
- Preparation of Belgian (non)resident income tax returns;
- Immediate implementation of the tax benefits of a split payroll or the application of the special tax status into the monthly payroll;
- Assistance with tax audits and tax procedures;
- Etc.
PAYROLL ASSISTANCE
Global mobility and payroll formalities
Global mobility gives rise to plenty of questions in this area:
- How do home and host country payroll coincide?
- Is a shadow payroll required?
- Have the necessary payroll registrations taken place abroad?
- Are the legally required payments correctly calculated?
- Have they been transmitted to the competent authorities in due time?
- Have the required documents been drafted and (e-)filed in due time?
OUR ASSISTANCE
We will guide you on these important payroll formalities :
- Drafting of payroll schedules for home and host country;
- Correct and timely registration at the tax authorities;
- Follow up on the correct implementation of home and host country payroll (e.g. in case of secondment or split payroll);
- Optimal implementation of the special tax status through Belgian payroll;
- Etc.
REMUNERATION
Compensation and benefits issues
(International) employment also entails a variety of specific remuneration items that need to be tackled in a timely manner and properly. These items are e.g. :
- Is there a follow up of the taxation of equity income derived during the international assignment?
- Who is taking care of the tax equalisation computations?
- Who is doing the follow up on the outcome of the tax equalisation?
- How will the company pension plan be applied in case of an international assignment?
- What about the fringe benefits (e.g. company car in case of multiple state employment)?
OUR ASSISTANCE
We provide proper guidance on these specific topics.
Do you need more information?
Finsel B.V.
info@finsel.be
+32 495 59 48 40
Peter Benoitlaan 17
3010 Kessel-Lo
Belgium