BW Offshore Case Study
Mobilisation and payroll consistency of an international mobile workforce
The business
BW Offshore Limited is a global owner and operator of floating production storage and offloading vessels. The company has its headquarters in Singapore, Oslo and Norway but operates internationally. BW Offshore engineers innovative floating production solutions to progress the future of energy. The company’s goal is to build on four decades of offshore operations and project execution to create tailored offshore energy solutions for evolving global markets.
Challenges
Prior to partnering with activpayroll, BW Offshore were facing significant challenges around the relocation and mobilisations of the company’s internationally mobile workforce and felt that they were not getting adequate support and guidance from a previous service provider to ensure the company remained compliant from an employment tax perspective, in relation to this population. This meant that BW Offshore felt they had to take last minute advice and make very reactive decisions around these mobilisations with regards to employment tax, payroll, immigration and other related aspects for these employees.
The main challenge was that BW Offshore had several employees moving from their Singapore office to the UK and vice versa on long-term assignments and BW Offshore and their employees required advice on employment tax, payroll, immigration, employment law and other aspects as a result of these mobilisations
activpayroll solutions
For nearly ten years, BW Offshore have been using activpayroll for their UK Payroll and Global Mobility needs in Singapore, UK, France, Norway, Holland, USA and many more on an ad-hoc basis.
The UK-Singapore project proved to be well-managed and successful, providing the needed outcome: overall compliance. UK shadow payrolls (for employees based in Norway and France) were also dealt with, achieving compliance in each location.
The GMOB team have provided cost savings to both BW Offshore and their employees by flagging up National Insurance (NI) exemptions, giving advice on how to tackle IR35 and guiding the way around the Singapore double tax treaty. This has resulted in BW Offshore becoming smarter, so that when someone is moving for work, they have the full picture of what this is going to mean financially and can be more transparent to the budget holders.
Results
For over five years now, BW Offshore have been using activpayroll for their UK Payroll and Global Mobility needs in Singapore, UK, France, Norway, Holland, USA and many more on an ad-hoc basis.
The UK-Singapore project proved to be well-managed and successful, providing the needed outcome: overall compliance. UK shadow payrolls (for employees based in Norway and France) were also dealt with, achieving compliance in each location.
The GMOB team have provided cost savings to both BW Offshore and their employees by flagging up National Insurance (NI) exemptions, giving advice on how to tackle IR35 and guiding the way around the Singapore double tax treaty. This has resulted in BW Offshore becoming smarter, so that when someone is moving for work, they have the full picture of what this is going to mean financially and can be more transparent to the budget holders.
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