The emergence of new economies and
increasing advancements in communication technology have made the subject of
cross border compensation arrangements more widely relevant today than ever
before. However, the web of legal, tax and regulatory considerations applicable
at individual country levels can be dauntingly complex, particularly so for
industries that tend to be global in their outreach.
What is the treatment of employees who
are required to be leased / employed by persons across borders? Is physical
foreign employment considered differently from online employment services for a
foreign employer? What are the considerations that should be kept in mind for
local businesses that wish to send personnel abroad, or foreign businesses that
wish to send employees into particular countries?
In an attempt to provide clarity on
these, and other questions, to in house legal departments, key management
personnel or employment lawyers engaged in cross-border compensation
structuring arrangements, this collaborative effort led by Nishith Desai
Associates brings together inputs from 39 reputed law firms from across the
globe.
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