21–30 of 93 posts
Forgive me for my ignorance but, what is LATAM? Latin America?
Yes. Latin America! :)
PS: In the main text, remember to add https to make the link clicky https://www.ontop.ai
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Thanks! We are born out of LATAM so we have faster payments and a better understanding of local regulations.
I am sorry to let you down, but I used Deel to pay people in Colombia, and it works like a charm.
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Yes. Latin America! :)
At least in Argentina, we use LATAM only for the Chilean Airline https://en.wikipedia.org/wiki/LATAM_Chile PS: In the main text, remember to add https to make the link clicky https://www.ontop.ai
How do you all deal with permanent establishment? Especially with renewed focus in BEPS and all that... e.g. substantive work as employee or agent in another country means proportional corp taxes
We offer a standard handling of contractor agreements, in which our database knows exactly what the regulation for each country is, and what the corresponding gross up has to be in order for the contractor to net the desired income. We assist contractors in their tax residence, to optimize their payouts to government, while keeping everything 100% compliant so the company is not as risk. Whenever regulations get too…
Would just be careful, if the client is still the economic employer that's still a PE trigger, under countries that follow OECD model anyways. Idk I just have some concerns with these models like Remote, Deel, Skuad, Papaya Global, Oyster, etc., in that technically they're likely exposing many of their clients to PE risk w/o the client knowing... if you're sourcing value from country X, incl employment (direct or indirect), country X is going to want you to pay the equiv corp tax, generally speaking.
Earlier quoted context omitted.
We offer a standard handling of contractor agreements, in which our database knows exactly what the regulation for each country is, and what the corresponding gross up has to be in order for the contractor to net the desired income. We assist contractors in their tax residence, to optimize their payouts to government, while keeping everything 100% compliant so the company is not as risk. Whenever regulations get too…
> we offer plug and play, which is an outsourcing of the contractor, and Ontop hires them Would just be careful, if the client is still the economic employer that's still a PE trigger, under countries that follow OECD model anyways. Idk I just have some concerns with these models like Remote, Deel, Skuad, Papaya Global, Oyster, etc., in that technically they're likely exposing many of their clients to PE risk w/o the…
Earlier quoted context omitted.
> we offer plug and play, which is an outsourcing of the contractor, and Ontop hires them Would just be careful, if the client is still the economic employer that's still a PE trigger, under countries that follow OECD model anyways. Idk I just have some concerns with these models like Remote, Deel, Skuad, Papaya Global, Oyster, etc., in that technically they're likely exposing many of their clients to PE risk w/o the…
You are 100% right. We have agreements with local governments and help them out to ensure contractor taxes are up do date always and everything is done legally.
Earlier quoted context omitted.
You are 100% right. We have agreements with local governments and help them out to ensure contractor taxes are up do date always and everything is done legally.
Sorry, I won't belabour the point further, but I guess the point is the client's corporate tax exposure in the country would have to be assessed client-by-client how using employee/contractor. At any rate thanks for responding and best of luck here.
"quality at a fraction of price compared to what they can get elsewhere." - not sure about this part. I moved from $LATAM_COUNTRY to $A_COUNTRY_NORTH_OF_MEXICO precisely because given my skill level, compensation was too low and my work too undervalued. Remote should leverage the playing field in the other direction: expect to be paid as well as you would if you lived in a more developed country. Insist on it. Don't…