Payroll processing in Russia is significantly more rules-based than in Western countries and newcomers to the country are generally surprised by the bureaucracy created by what appears to be overly demanding requirements.
Here, we set out the basics of employing and paying employees in Russia in four parts:
I. Salary Calculation and Reporting
Including salary deductions, personal income tax, and reporting
II. Personnel Administration
Including hiring and terminating employees, bonuses and medical insurance
III. Employment Law
Including contract, probation and personal data; wage and salary; working hours and leave; foreign employees; social security and violation of related laws
IV. Social Security
Including rates, filing and social security for foreign citizens in Russia.
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Dezan Shira & Associates provide a range of services for companies looking to undertake foreign direct investment into Russia and Asia. These include corporate establishment, accounting, tax, payroll, audit and due diligence. To learn more about our practice, and our partner firm in Moscow and St.Petersburg, please contact us at russia@dezshira.com. Download our corporate brochure or visit at us www.dezshira.com.