When hiring internationally across different countries, your tax obligations will depend on the residential countries of each of your employees. Each country has its own tax laws, and you, as an employer, need to remain compliant with each of the local regulations.
While the specific requirements and tax amounts are different, here are some of the most common tax obligations you may have when hiring in different countries:
- Income taxes - Employers are required to deduct income taxes from their employees’ salaries and submit them to the local tax authorities of the employee’s country.
- Social security contributions - Many countries require both employers and employees to contribute to social security funds, pension schemes, or health insurance programmes.
- Payroll taxes - Some countries impose additional payroll-related taxes that employers must pay in addition to the salaries of their employees.
- Tax reporting - Employers in some countries may need to submit regular tax reports and declarations to the local tax authorities.
How can Native Teams help you with tax obligations?
Staying compliant with difficult tax laws can be challenging, especially when navigating employment for team members in several countries. The Native Teams platform can simplify the process for you by handling all your tax calculations, deductions, and reporting in every country where you hire team members. With the support of our dedicated teams of local legal and tax experts, you can ensure that all your payroll and tax processes meet all the legal requirements.
If you’re curious about the exact tax obligations for a specific country, feel free to schedule a free demo call and get exact calculations for your employees in their residential countries.
Not the answer you were looking for? Please feel free to contact our support team for more assistance.