HR Service

1. HR MANAGEMENT

Your success as an international business is built on the performance of your key people. They might be in sales offices around the world, often far away from headquarters, or engineers and managers engaged in complex overseas projects.

It’s critical that your people can rely on receiving their remuneration and benefits, with all obligations to the tax authorities and social security institutions taken care of.

At the same time, efficient HR management processes offer transparency and access to important administrative levers of your overseas business. To us, from a business process point of view, people management means more than payroll operation. It is a key pillar in the structure of an efficient global business.


Our people management services often include:

  • Setting up and maintaining employee files
  • Setting up and operating payroll systems
  • Calculating and paying social security contributions and withholding tax, and other contributions at Local, regional and national levels
  • Capturing and reviewing travel expenses
  • Calculating commission fees and other variables
  • Payment processing
  • People analyses, efficiency reviews
2. PAYROLL

A key element in starting a new venture overseas is getting your first people on the ground. That means you need to pay attention early on to getting them paid on time and in full. What can be a simple, straightforward process in your home country, can involve major logistics problems abroad.


As advisors specializing in foreign direct investment, we know what it takes to accomplish such seemingly simple steps. We take them seriously, whether we handle the payroll for your first person in situ or for 1,000 people. Payroll for us is part of a true people management service.


Our payroll services typically include:

  • Setting up and operating payroll
  • Producing and issuing payslips
  • Returns and compliance reports
  • Calculating and paying social security contributions and withholding tax, PAYE and other contributions at local, regional and national levels
  • Capturing and reviewing travel expenses
  • Calculating commission fees and other variables
  • Payment processing
  • Time & attendance
  • Preparation of bank transmittal report

At TSM our services in the area of human resources and employment law regularly include:

  • Drafting employment contracts for senior executives, standard employment contracts for staff members
  • Post-term restrictive covenants, confidentiality, non-competition issues
  • International expatriate consulting, employment law, social security and tax planning for international executives
  • Benefits and compensation, pension schemes and their employment, tax and social security treatment, employee participation programmes
  • Labour relations, consultation with employee representatives, trade unions, collective bargaining
  • Termination of employment, separation agreements
  • Restructuring, closing production sites and sales offices, mass-layoffs, with local litigation lawyer we provide employment litigation.