Holistic approach
A few areas in which CMS can be of assistance:
- 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;
- 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;
- Consulting related to payroll issues;
- Determining the applicable pension scheme and managing pensions in different countries; and,
- Transferring the accumulated pension fund from Peru to the country of origin of the employee.
Fun fact
Did you know that once a foreigner has completed his/her temporary visa status for a minimum of three years, he/she qualifies for a permanent residency visa, which eliminates in-country time limits and allows the foreigner to travel freely? If granted, permanent residency is valid for five years. When this five-year period is up, the foreigner can renew for an additional five years or apply for Peruvian citizenship.
References
Schlumberger: Recognized technological petrol company with expertise in more than 120 countries
We permanently assist the company in topics related to human resources, such as employment contracts for national and foreign employees. Furthermore, we oversee obtaining migratory permits so the employees can work and by the time their assignation in Peru is over we also get in charge of cancelling their visa residence permit.
Itochu Corporation: Japanese corporation with headquarters located in Umeda, Kita-Ku, Ojala and Aoyama, Minato-ku, Tokyo. Second Sōgō Shōsha (general commercial company), the biggest in Japan
Besides the assistance in areas such corporate, taxes, personal data etc., we oversee the integral service for the establishment of the assigned staff members in Peru. We manage the elaboration of employment contracts, the process to obtain the migration requirements for the employees and their families, the housing lease agreement in Peru and all the procedures required to establish the family in our country. Once the staff member finishes their duties in our country, we oversee the immobility policies, not just the cancellation of their visas, but also the accumulated pension fund transfer from Peru to the country of origin of the employee.
Pegatex – Artecola: Recognized Company leader in the stickers and sealants market due to the merging of two important companies, Artecola Química from Brazil and Pegatex from Colombia
We oversee the migratory permits of the staff members of the subsidiary companies in Peru and their families.
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