Comment by kahnclusions

2 years ago

You need to be aware that if you choose to employ remotely internationally, then you aren’t just choosing one jurisdiction — you are potentially tying yourself up in many jurisdictions.

This is because your foreign workers will have local tax obligations by virtue of being physically present in another country while working for you. It doesn’t matter what’s written in your contracts, local law wins. They can also claim rights under their local employment law, and those countries could deem you to be operating locally and subject your company to corporate registration, reporting and taxation.

Be careful to analyse the local laws and tax situation before hiring people in another country.