Second Quarter Salary Notifications for Highly Qualified Specialists Due by July 31, 2018
June 25, 2018
The situation
Employers in Russia must file second quarter notifications for salaries paid out to highly-qualified specialists (HQS) by July 31, 2018.
A closer look
- Notification requirements.
- The notification must state the salaries paid to HQS from April 1, 2018 through June 30, 2018.
- The reported salary amount should be no less than the minimum for HQS of RUB 167,000 per calendar month; or RUB 501,000 per quarter (if there was a break in work during the reported period).
- Impact. Violations of the established notification procedures, including failure to notify, will result in administrative fines for the employer.
This alert is for informational purposes only. If you have any questions, please contact the global immigration professional with whom you work at Fragomen or send an email to [email protected].
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