This issue starts out with an outlook for the year 2012 and then moves into its core topic; payroll processing.
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
II. Personnel Administration
III. Employment Law
IV. Social Security
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requirements.
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.