Tracking International Business Trips
to Protect Your Organization
July 9, 2019 | 1PM EDT / 6PM BST
Keeping track of your employees’ international business trips is a critical, often overlooked component of operating a multinational organization. The size of your business doesn’t matter: to minimize risk, you need to understand and record where your employees are traveling and for how long.
Business trips — also known as short-term expat assignments — pose a particular problem. They are often wrongly dismissed as low- or no-risk, which can prove costly. Many companies, for example, unknowingly trigger a taxable presence in another country by sending an employee on multiple business trips there, which can lead to fines and reputational damage.
Short-term expat assignments may also create personal tax, insurance and other obligations for the traveler. Needless to say, the greater number of employees, jurisdictions and assignments involved, the more difficult it is for an organization to keep track of it all, and to understand and fulfill their (and their employees’) related obligations.
This webinar addresses what business-trip information you need to collect, why you need to collect it, and how to collect and manage it. It also includes information on exciting and modern technologies in this field that can help you. Here are some of the specific topics we’ll cover:
- The basics of business trips (ie short-term expat assignments)
- Tax, immigration and other obligations commonly triggered in home and host countries by these assignments
- Real-life examples of the challenges and risks of business trips
- Essential information to collect
- How to effectively collect and manage business-trip information to protect your organization and your employees, including an overview of related new technologies