Foreign Plan definition: Copy, customize, and use instantly
Introduction
The term "Foreign Plan" refers to an employee benefit plan, pension plan, or other similar programs that are established and administered outside of the country in which the employer or sponsoring entity is based. These plans are typically subject to the laws, regulations, and tax rules of the country where they are created, rather than the employer’s home country.
Below are various examples of how "Foreign Plan" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Foreign Plan" as a plan designed to address the specific regulatory requirements of a foreign country in relation to employee benefits
This definition ties "Foreign Plan" to regulatory compliance.
"Foreign Plan" refers to a plan designed to address the specific regulatory requirements of a foreign country in relation to employee benefits, such as pension contributions, health insurance, and other statutory benefits.
Definition of "Foreign Plan" as an expatriate benefits package providing employees with the necessary coverage while working in a foreign jurisdiction
This definition links "Foreign Plan" to expatriate coverage.
"Foreign Plan" means an expatriate benefits package providing employees with the necessary coverage while working in a foreign jurisdiction, ensuring they have access to healthcare, retirement savings, and other essential benefits.
Definition of "Foreign Plan" as an investment vehicle tailored to employees working in foreign countries, compliant with local tax rules
This definition connects "Foreign Plan" to investment vehicles.
"Foreign Plan" refers to an investment vehicle tailored to employees working in foreign countries, compliant with local tax rules and designed to help expatriates save for retirement or other long-term goals.
Definition of "Foreign Plan" as a benefits program providing retirement, healthcare, and other benefits to employees working outside their home country
This definition ties "Foreign Plan" to comprehensive benefits.
"Foreign Plan" means a benefits program providing retirement, healthcare, and other benefits to employees working outside their home country, structured to meet the host country’s laws and provide necessary coverage.
Definition of "Foreign Plan" as a benefits offering for workers who are employed by a foreign company or assigned to work in a different country
This definition connects "Foreign Plan" to international workers.
"Foreign Plan" refers to a benefits offering for workers who are employed by a foreign company or assigned to work in a different country, addressing the unique legal, tax, and health requirements of the foreign jurisdiction.
Definition of "Foreign Plan" as a global employee benefit system that complies with diverse legal frameworks in multiple countries
This definition links "Foreign Plan" to global compliance.
"Foreign Plan" means a global employee benefit system that complies with diverse legal frameworks in multiple countries, ensuring that employees receive benefits in line with local requirements wherever they work.
Definition of "Foreign Plan" as a benefits structure specifically designed for multinational employees working in several countries
This definition ties "Foreign Plan" to multinational employees.
"Foreign Plan" refers to a benefits structure specifically designed for multinational employees working in several countries, addressing the different legal, regulatory, and cultural needs of various regions.
Definition of "Foreign Plan" as a pension or retirement plan managed according to the regulations of the foreign country in which the employee resides
This definition connects "Foreign Plan" to pension regulations.
"Foreign Plan" means a pension or retirement plan managed according to the regulations of the foreign country in which the employee resides, ensuring compliance with local laws governing retirement savings.
Definition of "Foreign Plan" as an employee benefit plan that provides a comprehensive range of services for workers abroad
This definition links "Foreign Plan" to comprehensive services.
"Foreign Plan" refers to an employee benefit plan that provides a comprehensive range of services for workers abroad, including health coverage, life insurance, and retirement savings tailored to expatriates.
Definition of "Foreign Plan" as a foreign-based employee welfare system structured to meet the specific needs of international employees
This definition ties "Foreign Plan" to welfare and employee needs.
"Foreign Plan" refers to a foreign-based employee welfare system structured to meet the specific needs of international employees, addressing benefits like health insurance, retirement contributions, and other local requirements.
Definition of "Foreign Plan" as a retirement savings program that aligns with the financial regulations of a foreign country
This definition connects "Foreign Plan" to retirement savings and foreign regulations.
"Foreign Plan" means a retirement savings program that aligns with the financial regulations of a foreign country, allowing employees working internationally to save for their future in compliance with local tax laws.
Definition of "Foreign Plan" as an employee benefits structure designed to comply with international tax treaties and local country laws
This definition links "Foreign Plan" to tax treaties and local laws.
"Foreign Plan" refers to an employee benefits structure designed to comply with international tax treaties and local country laws, ensuring that multinational employees are provided with benefits while meeting all regulatory requirements.
Definition of "Foreign Plan" as a legal framework for providing benefits to employees working abroad, ensuring tax and legal compliance
This definition ties "Foreign Plan" to legal and tax compliance.
"Foreign Plan" refers to a legal framework for providing benefits to employees working abroad, ensuring tax and legal compliance with both the home and host country’s laws.
Definition of "Foreign Plan" as an employee benefit structure that is specifically designed for expatriates working in foreign jurisdictions
This definition ties "Foreign Plan" to expatriates.
"Foreign Plan" refers to an employee benefit structure that is specifically designed for expatriates working in foreign jurisdictions, providing them with benefits that comply with both local and international laws.
Definition of "Foreign Plan" as a retirement or pension plan that follows the regulations and guidelines of a foreign country where an employee works
This definition connects "Foreign Plan" to pension and regulations.
"Foreign Plan" means a retirement or pension plan that follows the regulations and guidelines of a foreign country where an employee works, ensuring compliance with local tax laws and regulatory requirements.
Definition of "Foreign Plan" as an international benefits package offered to employees working in multiple countries, tailored to local regulations
This definition links "Foreign Plan" to international benefits.
"Foreign Plan" refers to an international benefits package offered to employees working in multiple countries, tailored to local regulations, and designed to meet diverse employee needs based on location.
Definition of "Foreign Plan" as a benefits arrangement for employees based outside the employer's home country, focusing on local compliance
This definition connects "Foreign Plan" to local compliance.
"Foreign Plan" means a benefits arrangement for employees based outside the employer's home country, focusing on local compliance with tax, labor, and health regulations in the host country.
Definition of "Foreign Plan" as a tax-efficient employee benefits plan set up to meet the needs of employees working abroad
This definition links "Foreign Plan" to tax efficiency.
"Foreign Plan" refers to a tax-efficient employee benefits plan set up to meet the needs of employees working abroad, optimizing tax benefits while complying with both the home country and host country tax laws.
Definition of "Foreign Plan" as a global benefits offering that provides employees working internationally with health, retirement, and insurance benefits
This definition ties "Foreign Plan" to global coverage.
"Foreign Plan" means a global benefits offering that provides employees working internationally with health, retirement, and insurance benefits tailored to the regulations and requirements of the host country.
Definition of "Foreign Plan" as an international employee welfare program that aligns with local laws in the countries where employees are stationed
This definition connects "Foreign Plan" to local laws.
"Foreign Plan" refers to an international employee welfare program that aligns with local laws in the countries where employees are stationed, ensuring the program meets all local tax and benefits requirements.
Definition of "Foreign Plan" as a benefits package for expatriates or foreign employees that ensures adherence to international legal and tax standards
This definition links "Foreign Plan" to expatriates and legal standards.
"Foreign Plan" refers to a benefits package for expatriates or foreign employees that ensures adherence to international legal and tax standards, providing coverage and benefits in line with both home and host country requirements.
Definition of "Foreign Plan" as a retirement program created for employees working in foreign countries, ensuring compliance with host country retirement laws
This definition ties "Foreign Plan" to retirement programs.
"Foreign Plan" refers to a retirement program created for employees working in foreign countries, ensuring compliance with host country retirement laws while providing the necessary savings vehicles for international employees.
Definition of "Foreign Plan" as a set of employee benefits designed for employees working abroad, focusing on expatriate compensation and tax treatment
This definition connects "Foreign Plan" to compensation and tax treatment.
"Foreign Plan" means a set of employee benefits designed for employees working abroad, focusing on expatriate compensation and tax treatment, ensuring compliance with both home country and foreign jurisdiction tax laws.
Definition of "Foreign Plan" as an international benefits scheme aimed at helping employers meet regulatory requirements for workers stationed overseas
This definition links "Foreign Plan" to regulatory compliance.
"Foreign Plan" refers to an international benefits scheme aimed at helping employers meet regulatory requirements for workers stationed overseas, ensuring that employees are provided with adequate benefits and that all legal obligations are met.
Definition of "Foreign Plan" as a pension or social security plan provided to workers in foreign countries under the rules and regulations of the host country
This definition ties "Foreign Plan" to social security and pension plans.
"Foreign Plan" refers to a pension or social security plan provided to workers in foreign countries under the rules and regulations of the host country, ensuring that employees working abroad are covered by the appropriate social security systems.
Definition of "Foreign Plan" as an employee benefit offering that addresses the unique needs of international employees, including healthcare, retirement, and tax planning
This definition connects "Foreign Plan" to the needs of international employees.
"Foreign Plan" means an employee benefit offering that addresses the unique needs of international employees, including healthcare, retirement, and tax planning, all while complying with local and international legal requirements.
Definition of "Foreign Plan" as a benefits structure provided to employees working outside the home country, addressing both local needs and global tax compliance
This definition ties "Foreign Plan" to local needs and global compliance.
"Foreign Plan" refers to a benefits structure provided to employees working outside the home country, addressing both local needs and global tax compliance to ensure the benefits align with international tax treaties and local laws.
Definition of "Foreign Plan" as a program offered by multinational companies to provide benefits for employees working in various countries
This definition connects "Foreign Plan" to multinational companies.
"Foreign Plan" means a program offered by multinational companies to provide benefits for employees working in various countries, ensuring that the benefits package complies with the tax and regulatory requirements of each country.
Definition of "Foreign Plan" as an expatriate benefits package that includes pension, health insurance, and other key employee benefits for those working in foreign countries
This definition links "Foreign Plan" to expatriate benefits.
"Foreign Plan" refers to an expatriate benefits package that includes pension, health insurance, and other key employee benefits for those working in foreign countries, ensuring that these benefits comply with local and international tax laws.
Definition of "Foreign Plan" as a flexible benefits structure that adapts to the needs of employees working in diverse international locations
This definition ties "Foreign Plan" to flexibility in international locations.
"Foreign Plan" means a flexible benefits structure that adapts to the needs of employees working in diverse international locations, providing tailored solutions based on the legal and regulatory environment of each country.
Definition of "Foreign Plan" as an employer-sponsored plan for expatriates that ensures compliance with host country tax codes, pension laws, and health regulations
This definition links "Foreign Plan" to host country regulations.
"Foreign Plan" refers to an employer-sponsored plan for expatriates that ensures compliance with host country tax codes, pension laws, and health regulations, making sure that the expatriate’s benefits comply with the local law while minimizing tax liabilities.
Definition of "Foreign Plan" as a legal framework that allows employers to offer benefits and retirement plans to employees working abroad while adhering to foreign regulations
This definition ties "Foreign Plan" to legal frameworks.
"Foreign Plan" refers to a legal framework that allows employers to offer benefits and retirement plans to employees working abroad while adhering to foreign regulations, ensuring that the employer meets both legal obligations and employee needs.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.