Intercompany agreement entsendung is a legal document that outlines the terms and conditions under which employees of one company are sent to work for another company in a different country. The term “entsendung” refers to the German law governing employee assignments.

This type of agreement is essential when two companies from different countries wish to collaborate on a project or venture. It ensures that the employees sent by one company to work for the other are protected by the appropriate laws and regulations and are fairly compensated for their work.

The terms of an intercompany agreement entsendung should cover several key aspects, including:

1. Duration of the assignment – the agreement should specify the length of time the employee will work for the foreign company.

2. Compensation – the employee should be compensated fairly and in accordance with the laws of the foreign country. This includes salary, bonuses, and other benefits such as housing and travel allowances.

3. Insurance – the agreement should specify the type of insurance coverage the employee will receive while working in the foreign country. This includes health insurance, life insurance, and disability insurance.

4. Taxation – the agreement should address the tax implications of the employee’s assignment in the foreign country. This includes how taxes will be paid and whether the employee will be subject to double taxation.

5. Termination – the agreement should specify the conditions under which the employee’s assignment can be terminated. This includes notice periods and any severance payments that may be due.

An intercompany agreement entsendung should be carefully drafted to ensure that all parties involved are clear on the terms and conditions of the employee’s assignment. It should also be reviewed by legal experts in both countries to ensure compliance with all relevant laws and regulations.

In conclusion, intercompany agreement entsendung is a critical document in the world of international business. It protects the interests of both the employee and the companies involved and ensures that the assignment is conducted in compliance with all relevant laws and regulations. As such, it is essential that the document is drafted carefully and reviewed by legal experts before being executed.