Payroll
By outsourcing payroll, you delegate one of your non-core functions to professionals who will:
— process your payroll including all types of accruals and deductions in your payroll structure;
— help determine the taxation of your specific types of compensation and benefits as defined in your local policies for guaranteed compliance with Russian law;
— calculate all relevant payroll-related taxes and contributions and arrange for their timely payment;
— independently prepare and file all obligatory payroll reports for each reporting period (month, quarter, year).
The service covers:
— bi-monthly calculation of your employees’ payroll, including all types of compensation and benefits in compliance with Russian law and the client’s internal policies;
— calculation of sick-leave pay, annual-leave pay, unused annual leave compensation, severance pay and other types of compensation under Russian law;
— calculation of all payroll-related taxes and contributions in accordance with Russian law;
— preparation of a set of payroll registers and reports detailing results of the calculation (totals, employee payroll register, payroll taxes and contributions, etc.);
— preparation of payslips detailing individual salary data for each employee;
— preparation of a set of payment documents/bank registers/electronic payment files for the transfer of the salary and payroll taxes/contributions;
— a hotline with a payroll specialist for clarification of the calculation results (via the phone or e-mail);
— preparation and filing of statutory quarterly and annual reports to the tax authorities and social funds;
— information support during official inspections and audits by the tax authorities and auditors.
Payroll services are provided by Unistaff Payroll Solutions, ANCOR’s strategic partner. The efficiency of our solutions is backed up by a strong history of success with international and Russian businesses. We make your payroll easy with our expertise and cost-effective range of payroll options.