International Umbrella Company
What does an international umbrella company do?
To expand their work portfolio independently while retaining the advantages of salaried employment, contractors have the possibility of using an umbrella company, which also lends itself to missions with an international dimension.
In the same way as at home, the contractor finds their own mission and determines the conditions and remuneration with the end client. They use an international umbrella company which, in return for a commission deducted from the turnover generated by the mission, handles all the administrative tasks related to the work assignment (signing contracts, administrative obligations, compulsory filing of documents specific to the host country, taxation, etc.) and pays the contractor in the form of a salary.
As a seconded or expatriate contractor of the umbrella company, you do not need to set up a company of your own to work abroad as a freelancer. You benefit from international social protection (health insurance, provident scheme, pension contributions, unemployment benefits, professional civil liability, etc.) and enjoy the advantages of a well-established structure to secure your activity and handle the necessary formalities for your expatriation.
Advantages of using an International Umbrella Company
For the contractor
No need to set up a legal structure to operate independently abroad and invoice the end client
Maintain employee status and associated benefits
Minimize risks and safely start work as soon as you arrive abroad
Comply with the laws of the destination country, keeping the formalities to a strict minimum
Receive help to negotiate and optimize your income
Secure contractual relations (company/contractor)
Operate freely abroad
Using the services of an external contractor is easy and straightforward
Free yourself from social risks in the relationship with the contractor
Easily expand your business territory internationally
Assess a contractor’s skills before a potential hire
Strengthen your international presence more quickly and easily
Outsource occasional work of contractors and specialists
Optimize payroll and indirect costs