Global employer services - overview

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Global employer services

Moving together. Making tomorrow.

As companies grow and become more global in scope, employment issues become more complex. Among the most serious challenges businesses face today is compliance with multifaceted tax laws and labor regulations. Deloitte offers well-rounded plans and program development strategies that can help transform global employment programs in a tax- and cost-efficient manner.

GES Factsheets

The following insightful applications, prepared by Deloitte Malta professionals, provide information relating to Global Employer Services:

The Malta Residence and Visa Programme (‘MRVP’)

Applicable for non-EU/non-EEA and non-Swiss Nationals and beneficiaries of this programme obtain a certificate of residence in Malta and which permits the eligible beneficiaries to reside, settle or stay indefinitely in Malta and travel within the Schengen Area. Read more.

The Residence Programme Rules, 2014 for individuals who are EU, EEA or Swiss nationals ('TRP')

Applicable to individuals who are nationals of the EU, EEA or Switzerland (but not Maltese nationals). Read more.

Global Residence Programme Rules, 2013 for individuals who are non-EU/non-EEA/non-Swiss nationals ('GRP')

In terms of Legal Notice 167 of 2013 and Article 56(23) of the (Malta) Income Tax Act, Chapter 123 of the Laws of Malta (“ITA”), a Global Residence Programme (“GRP Rules”) has been introduced for individuals who are not nationals of the EU, EEA or Switzerland. The GRP Rules confer on the successful applicant a special tax status. A summary of the salient features.

Non domiciled persons: Scope of taxation in Malta

Scope of taxation in Malta: Residence, ordinary residence and domicile. The main features summarised.

Malta as a holding company jurisdiction

The introduction of the participation exemption in 2007 has enhanced Malta’s position as a premier EU holding company location. Whilst there is no specific holding company regime, Malta’s domestic tax system positions Malta as the ideal location for establishing companies for the purpose of holding shares in one or more entities whether located within or outside the European Union. Get a clearer perspective.

Reduced rate of tax for "Qualifying Expatriates" in the development of digital products in Malta

Effective 1 January 2012, a scheme was introduced for expatriates working in Malta who fulfil a role directly engaged in the development of innovative and creative digital products to benefit from a reduced rate of tax of 15%. The essential features revealed.

Reduced rate of tax applicable to "Qualifying Expatriates" employed in Malta with Financial Institutions and i-Gaming companies

Expatriates satisfying the definition of a qualifying beneficiary and holding an employment under a qualifying contract of employment with a licensed bank, insurance company, financial services company, or i-gaming company in an eligible office in Malta may opt to be subject to tax on such income at a flat rate of tax of 15% as from 1 January 2010. An attracting incentive.

Reduced rate of tax for Maltese professionals returning to work in Malta in specific industry sectors

An incentive scheme was introduced in the Budget Measures Implementation Act, 2012 for Maltese professionals returning to work in Malta in specific industry sectors. In terms of this new scheme, an eligible individual who is established in a field of excellence and returns as an ordinary resident to Malta may opt to have his income from employment exercised in Malta charged tax at a flat rate of 15%, as opposed to the normal progressive personal income tax rates of up to 35%. Field of excellence rules made easy.

Returned migrants in Malta

Malta offers tax benefits to individuals who, having been born in Malta, have, after originally emigrating from Malta, returned to Malta on a date after the first day of January 1988, with the intention of taking up residence in Malta. The complex made simple.

Residence Scheme for foreign retirees for EU/EEA/Swiss nationals

Expatriates satisfying the definition of a qualifying beneficiary and holding an employment under a qualifying contract of employment with a licensed bank, insurance company, financial services company, or i-gaming company in an eligible office in Malta may opt to be subject to tax on such income at a flat rate of tax of 15% as from 1 January 2010. A sunny retirement.

Reduced rate of tax for “Qualifying Expatriates” extended to the Aviation sector

The Highly Qualified Persons Rules include specific eligible offices of undertakings in the aviation industry in Malta licensed and/or recognised by the competent authority or holding an air operators’ certificate issued in terms of the Civil Aviation (Air Operators’ Certificates) Act, or an aerodrome licence issued in terms of the Air Navigation Order. Preparing for take-off.

 

 

Compensation and benefits

Organizations seek to design and operate compensation and benefit programs in a cost-effective, tax efficient and compliant manner – for the employer as well as employees. Deloitte professionals help align compensation and benefits programs with a company's overall talent and corporate strategies, and the marketplace needs. We help address a complex array of tax matters at various stages of a company's lifecycle, including mergers, acquisitions, divestitures, right-sizing, and general restructuring. Beyond compliance, our integrated team of specialists can help explore opportunities to transform global employment programs, such as, discerning the total rewards that critical employees want and need; identifying incentives for employees to successfully carry out company business and talent plans; and exploring ideas that provide a cost-efficient return on investment (ROI).

Technology

Technology provides the efficiencies, controls, and business intelligence that allow our clients to raise service levels to their assignees, vendors, and management. Deloitte is a recognized leader in the design, development, and implementation of innovative expatriate services technology that can significantly streamline program administration and leverage international employee data. We have helped many global organizations integrate technology into their international assignment programs and become e-enabled. Our web-based tools can enhance customer service, speed up transactions, and monitor quality and accountability. Through our next generation GlobalAdvantage Portal, users can access our tools and customize their experience with interactive, dynamic functionality.

International assignment services

An important corporate legal and reputational risk that global employers must contend with is ensuring they and their employees are aware of and comply with local filing requirements. A successful international assignment program requires companies to strike a balance between competitive compensation and cost control, always taking care to have effective policies and procedures for regulatory compliance. Deloitte can help with this complex challenge through our extensive knowledge of tax laws across jurisdictions and our specialized compliance and consulting skills and software. Our professionals help companies coordinate various elements related to a globally mobile workforce, to address worldwide compliance with employees' individual and payroll reporting and filing requirements.

International human resources

Whether creating a company's first international program for employees, re-examining the operational effectiveness of an existing program, taking a second look at a current provider, or transitioning the administration of a program to address regulatory concerns, Deloitte's International Human Resources professionals can help. We work with companies to administer  the financial and compensation elements of their global mobility programs. Our approach aligns international assignment program goals with overall human resource and corporate strategies. We offer specialized experience in policy design, benchmarking and administration coupled with delivery skills to contribute significant value to the employer which allows them more time to focus on enhancing the employee's international assignment experience.

Risk.Talent.Rewards.

The success of every organization is directly linked to its people. Today's global environment challenges companies to think strategically about harnessing the energy and ingenuity of a geographically and culturally diverse workforce. Deloitte professionals help multinational organizations assess, improve, and ultimately transform their global mobility, global rewards, global talent and performance management programs. We draw upon the diversity of the Deloitte network’s experience and insight to provide clients with leading edge planning that incorporates a practical perspective on implementation and ongoing operations. Additionally, we offer GES Controls to support the design and implementation of appropriate controls to manage the financial and regulatory risk of deploying talent across borders. Well designed, well managed programs allow companies to quantify ROI and make more strategic decisions about how best to achieve talent management objectives.