Working for a US based company in the EU

Working for a US based company in the EU

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octanetorque

Original Poster:

144 posts

137 months

Monday 16th November 2015
quotequote all
Just looking for some advice or pointers towards what I can negotiate on: vis leave private healthcare, other perks.

Happy to do the salary negotiation side of things, but need some pointers around receiving pay - probably in USD to my bank account will incur charges - any work arounds?

I'll be employed under EU regs - any links or advice towards to standardised contractual requirements I can send them i.e. I'm their first non-US recruit so they need some pointers.

Thanks
OT

Accelebrate

5,250 posts

215 months

Monday 16th November 2015
quotequote all
Wait for them to be aghast when you expect more than 10 days annual leave... wink

I joined a company in a similar position a couple of years ago, they now use http://ies.orangefield.com/services/technology-cli... which has made the payroll side easier.

Until recently my expenses were still paid directly from the US, albeit in GBP. Most banks will charge a small fee for receiving a payment from abroad, I opened a basic Satander current account just for expenses as they don't charge.

carinatauk

1,408 posts

252 months

Monday 16th November 2015
quotequote all
I would be asking for the currency of the country I was working in or UK£.

Contract is key, an american contract may mean US taxation and potential taxation in the country where you work; for instance even though the US and UK have an agreement re taxation, I have to produce tax returns in both countries [I am an UK citizen and work in US] I suspect I will only be taxed in UK, however I am lucky as my employer picks up any tax in US, primarily benefits; ie I will be tax neutral. The taxation side is dealt with by my employers accountants, thank god

octanetorque

Original Poster:

144 posts

137 months

Tuesday 17th November 2015
quotequote all
That's an interesting pair of insights. Thank you both.

Tax is a whole new set of issue I hadn't thought of investigating. The employer obligations might be one worth looking at and any liabilities. As you say, having a UK related contract seems the key.

Orangefield is interesting - lots of handy info there

After doing some more digging I found this...

If they don't have a UK presence, you will have to set up some sort of "self-employment" structure (usually a "consulting business") and take your pay as "fees." That adds a certain level of complication, as you then become responsible for your own taxes, social insurances and business expenses. As a contractor you normally would need to be paid a bit more than your current salary in order to stay even - especially if you need accounting or other help to keep your books and payroll records.

Anyone with experience of this?