Business Process Solutions
Payroll calculation and processing is complex. Companies prefer to outsource this function to high-level specialists to maintain confidentiality, ensure compliance and mitigate tax and labour risks. Aside from our full scope of payroll services, we can also undertake a payroll health check review.
We would be happy to provide you with the full scope of payroll services:
- Calculation of employees’ net pay, dealing with any wage types in the company: from salary and bonuses to northern coefficients and mark-ups, sick leaves and vacations, meals, housing, severance payments, etc.
- Distribution of payslips to employees
- Calculation of payroll related tax and social contributions
- Preparation and submission of statutory payroll reporting and management reports
- Support in dealing with official authorities such as the Russian Pension Fund or local tax inspectorates
- Consulting on employment-related issues
- Review of travel and expense reports to ensure compliance with internal policies and to meet official regulatory requirements.
We can also undertake a payroll health check review: a review of your payroll accounts, policies and procedures to ensure they meet the requirements of current Russian legislation and market best practices.