Expat Lawyers in Italy - Relocation, Tax & Employment
Holistic approach
Some examples of ways in which CMS can help:
- Employee agreements covering all employment law aspects of the international assignment lifecycle in the relevant jurisdiction from initial assignment through to termination;
- Application for the required permits to reside and work in the country, both for expats and their family members;
- Mobility policies;
- International assignment services;
- Termination of international assignment services agreements;
- HR data protection requirements;
- Applications for tax benefits for expats;
- Tax optimization of salary splits and employee benefits;
- Employers’ tax obligations, multi-state wage and income tax returns;
- Payroll services;
- Determining the applicable pension scheme and managing pensions in different countries;
- Navigating the possibilities for international transfers of pension benefits and continued participation in another jurisdiction;
- Analysis of the applicable social security scheme(s) and the consequences thereof; and
- Implementation of the preferred social security scheme.
Fun fact
Did you know that for individuals who transfer their tax residence to Italy, subject to certain conditions and within specific limits, there are preferential tax regimes available? These include:
- Impatriate regime: the tax benefit applies to employment income or self-employment income produced in Italy.
- HNWI regime: the tax benefit applies to foreign-source income.
- Pensioners regime: the tax benefit applies to pensions paid by foreign entities.
Did you know that, it is possible, for an employer to offer its employees and their families recreational activities – such as a cooking class or a driving course, a weekend in a city of art, or a package of massages – without giving rise to any taxable income for either tax or social security purposes?
References
The team is currently assisting several leading Italian multinational groups in managing employees on international assignments. The activity includes the drafting of corporate policies and related employment contracts, the structuring of cost recharge agreements between group companies, the coordination of the international network, the management of the employer’s administrative, tax and social security compliance obligations, as well as the tax compliance of expatriate employees.
The clients assisted include, in particular:
- one of the main postal service providers in Italy;
- one of the leading players in the tyre industry;
- a multinational operating in the fashion footwear sector;
- a company operating at European level in the travel catering sector; and
- a multinational active in the renewable energy sector.
