What Does It Mean to Be a Digital Nomad or Location-Independent Employee?
A digital nomad or location-independent worker is someone who doesn't have a fixed tax residence in any specific country.
If you or some of your employees are not tax residents anywhere, you cannot be employees through Companio Work, and you should consider yourselves as contractors, invoicing your company every month for services. However, please note that being a digital nomad is not the same as not being a tax resident anywhere.
For these individuals, it is crucial to consult with a local tax advisor to determine their tax obligations. If they are considered tax residents in a particular country, they might need to be treated either as contractors, invoicing your company, or as proper employees.
If you or some of your employees are not tax residents anywhere, you cannot be employees through Companio Work, and you should consider yourselves as contractors, invoicing your company every month for services. However, please note that being a digital nomad is not the same as not being a tax resident anywhere.
For these individuals, it is crucial to consult with a local tax advisor to determine their tax obligations. If they are considered tax residents in a particular country, they might need to be treated either as contractors, invoicing your company, or as proper employees.
Updated on: 15/09/2023
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