Home Blog How Global Mobility Services Improve Your Business Accounting | Finance | Indonesia How Global Mobility Services Improve Your Business InCorp Editorial Team 1 February 2024 6 reading time Table of Contents A Closer Look into Global Mobility Services What are The Types of Global Mobility? What are The Benefits of Employee Relocation? Key Services Offered by Global Mobility Services Providers The Benefits of Using Global Mobility Services How to Choose A Global Mobility Services Provider Empowers Your Global Mobility Strategy with InCorp In recent years, businesses have increasingly looked beyond borders and nations for talent and growth opportunities. Global mobility services (GMS) offer stabilization for your business operation. Navigating the intricacies of employee relocation across borders can be a daunting task. However, with the help of global mobility services, you can experience a seamless transition process that ensures your company’s and workforce’s success. A Closer Look into Global Mobility Services Global mobility service is a comprehensive solution to support a worldwide workforce. Outsourcing global mobility services can enhance your global mobility program while helping the administrative burden on your human resources (HR) department. This service also streamlines the management of your global workforce, helping you avoid inadvertent non-compliance and potential penalties. What are The Types of Global Mobility? Several types of global mobility assignments are designed for specific purposes and duration. Short-Term AssignmentsLong-Term AssignmentsPermanent RelocationThese typically last a few weeks or months and are often for specific projects or training purposes.Employees usually relocate for one to three years to take on leadership roles or establish new operations.This involves moving an employee to a new country indefinitely, often for strategic expansion or talent acquisition. What are The Benefits of Employee Relocation? Sending employees to work in foreign countries is not only about filling job positions. It also provides various advantages to both the company and the employees. Companies can expand their access to a larger pool of talented professionals beyond national borders, enter new markets, and strengthen relationships with international clients. This cross-cultural collaboration helps generate new ideas and develop innovative approaches while employees gain valuable international experience, learn new skills, and broaden their horizons. READ MORE:Why You Should Care About Preparing Growth Plans For BusinessA Complete Guide For Registering A Company As Foreigners15 Global Business Expansion Strategies To Consider Key Services Offered by Global Mobility Services Providers The future of workforce mobility is characterized by key trends such as immigration considerations, a dynamic business culture, analytics, and collaborative compliance. Various global mobility services are available to assist businesses in response to these trends. These services can help organizations prepare for the challenges of a mobile workforce and ensure compliance while fostering collaboration. Pre-Assignment Assistance in planning practical cross-border assignments, including: Planning and Policy: Develop efficient policies and processes for managing tax and immigration for business travelers, including identification, tracking, and cost projections. Global Strategy: Develop tax and immigration strategies aligned with business goals, strategically planning assignments to achieve optimal tax and social security positions. Individual Support: Provide personalized tax and immigration consultations, preparing individuals with necessary permits and work visas. On Assignment Managing global costs and risks during cross-border assignments by: Cost Management: Offer insights on cross-border programs, equity compensation, and individual tax health checks, managing global costs and risks. Compliance and Support: Conduct tax equalization calculations, provide comprehensive immigration services, and brief employees on their obligations. Administrative Assistance: Handle work permit renewals, tax ID registration, monthly payroll tax returns, and individual tax returns. Dispute Resolution: Support and advocate for employees during tax disputes and immigration audits. Post Assignment Supporting the conclusion of cross-border assignments by: Finalization: Brief employees on final tax and immigration obligations, closing foreign worker permits, and processing social security contributions. Tax and Documentation: Prepare final year individual tax returns, deregister tax ID numbers, and offer advice on severance and post-repatriation payments. The Benefits of Using Global Mobility Services Partnering with a global mobility service provider can benefit employers and employees by fostering a more productive and efficient work environment. Expert Guidance and Compliance Global mobility providers navigate the complexities of employment law, immigration, tax compliance, global payroll, and employee benefits. Consequently, they ensure international moves, legal operations, and financial stability for employers and employees. Cost-Efficiency Streamlined relocation processes, compliance assurance, and 24/7 support from global mobility experts help you avoid unnecessary costs and penalties while making employee integration smoother and faster. Operational Efficiency An excellent global mobility strategy provider facilitates faster deployment or employment in a specific location, offering resources and support to address challenges newly relocated employees face. Additionally, this enhances operational efficiency without distracting from core tasks. How to Choose A Global Mobility Services Provider If you’re looking for a global mobility provider for your business, some key factors can help you make the right choice. Here are a few factors that you may want to consider. Transparency and Compliance Evaluate the provider’s ability to ensure compliance with employment and tax laws across diverse geographies. Some offer Global Employment Outsourcing (GEO) and talent acquisition services, emphasizing the importance of transparency in pricing and vendor management policies. Security Prioritize the safety and security of your workforce when relocating globally. Address risks in new locations through safety briefings, dedicated security teams, and data protection measures to safeguard employees and commercial interests. Local Knowledge and Expertise Acknowledge the value of local knowledge and cultural understanding in global mobility management. A professional with insights into the local culture, laws, and reliable third-party services enhances the process, providing assignees with a human touch and assistance. Aftercare and the Return Journey Beyond the initial move, consider the provider’s support for employees’ return or next steps. Ensure they handle financial matters, such as tax settlements, and assist with the demobilization process, covering aspects like goods shipment and accommodation transitions until the assignment’s completion. Empowers Your Global Mobility Strategy with InCorp Investing in global mobility services can be a powerful way to drive growth and success in the global marketplace. However, navigating global mobility can be complex. InCorp Indonesia takes the stress out of the equation, providing comprehensive services to streamline your journey and empower your employees. Here’s what we offer: Accounting and Tax Expert: We go beyond relocation logistics. Our accounting and tax professionals ensure seamless financial management and compliance across borders. Local Expertise: Our deep understanding of Indonesian regulations and culture allows us to provide tailored solutions that meet your needs. Integrated Approach: We seamlessly blend relocation, legal, tax, and financial services, offering a holistic and hassle-free experience for you and your employees. By choosing InCorp Indonesia, you gain a trusted partner who empowers your global expansion and ensures your success every step of the way. Fill in the form below and unlock the benefits of a seamless global expansion. Read Full Bio Daris Salam COO Indonesia at InCorp Indonesia With more than 10 years of expertise in accounting and finance, Daris Salam dedicates his knowledge to consistently improving the performance of InCorp Indonesia and maintaining clients and partnerships.