Changing Tax Residence: Essential Steps

Moving abroad involves numerous formalities. Iron Conseil can provide you with administrative, legal and tax assistance during this transitional period. Here is a practical guide outlining the services we can provide at each stage of your project, drawing on our network of experts.

Assessment of your overall situation, your needs and your objectives: Analysis of the legal and tax consequences of your expatriation project and drawing up of an action plan. Taking up residence may require you to restructure your professional activities.
Informing the tax authorities and managing any Exit Tax requirements
Closing your bank accounts or updating your status: coordination with your banking institutions and advice on the impact of your change of residence on the automatic exchange of financial information.
Monitoring your tax obligations: Checking tax paid.

Obtaining resident status: Information on local procedures and assistance in obtaining the necessary residence permits.
Registration with local tax authorities and preparation of tax returns
Opening local bank accounts: Simplifying your relations with your financial institutions and helping you to understand the regulations that apply to you.
International tax advice: Solving your cross-borders tax issues by analysing international tax treaties.
Annual review of your situation and tax filling: Preparation and checking of your tax returns and reassessment of your situation in the light of expected reforms.