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EMS Glossary

Compliance – conformity in fulfilling official requirements, e.g. tax legislation, data protection, immigration law

Repatriation –  the act of returning to the country of origin

Global Expatriate – a person who lives outside their own country e.g. a Russian in Nigeria

Multinational – involved or operating in several nations or nationalities

Multinational Payroll - Paying people and taxes in different countries around the world.e.g. Paying Swedes in Sweden, paying French in France

Global Payroll also known as Expatriate Payroll - Paying a national of one country in another country and their required taxes in both. e.g. Paying an American expatriate on assignment in Germany. Paying the salary and tax obligations for American and company in both home country (America) and host country (Germany).

Immigration – moving to a country outside your country of origin, as a permanent resident

Expatriates/Expats – a person living abroad

AMIS - Assignment Management Information System specifically created to meet the needs of international payroll outsourcing.  AMIS is an automated system that is the result of an extensive development project between IT and HR professionals. It has no equivalent in terms of worldwide functionality and capability.

US Safe Harbor - a streamlined process for US companies to comply with the EU Directive 95/46/EC on the protection of personal data.

OFAC Compliancy - Office of Foreign Assets Control. A US regulatory Agency that is responsible for monitoring funds held or transferred to illegal entities. The OFAC list is a list of companies/individuals that should be prevented from sending/receiving funds.

Sarbanes-Oxley - US Law dedicated to reinforce top management responsibilities with regard to internal audit area and information circulation including public information.