Monaeo helps enterprises (with employees who travel outside of their home location) automatically determine the proportion of time they spend in different tax jurisdictions to better manage multi-location tax issues e.g., Payroll Withholding, Nexus/Permanent Establishment, Corporate Income Allocation, Fin48 etc.
Monaeo has already been used by nearly a 1,000 HNIs and 25 enterprise/corporate executive clients across the tech, software, media, transportation, and financial services sectors.
HOW DOES MONAEO WORK Monaeo provides an automated travel calendaring app for traveling employees that can easily be downloaded onto your mobile device (phone, tablet or laptop). This app runs in the background helping to automatically & privately determine the number of days being spent in different tax jurisdictions. This travel data is then reported to us at an aggregate-level only, in the form of percentage of time spent in various states and/or countries.
KEY BENEFITS * Timely and accurate data helps you and the company improve compliance on an ongoing basis * Alerts & early-warning notifications help keep you and us out of trouble * Seamless reporting means no burden
PRIVACY IS OUR FIRST PRIORITY Monaeo has carefully designed their solution to ensure the highest levels of employee privacy & security: * You will own your data and control all access to it * We only access info absolutely needed for compliance * Your data is presented to us as a high-level summary
Note: continued use of GPS running in the background may dramatically decrease battery life.