Russia: Highly-Qualified Specialists’ Salary Notification Due Soon for Q2 2023

Employers have until July 31, 2023 to file second-quarter notifications for salaries paid to highly-qualified specialists (HQS). The notification must state the salary paid to HQS from April 1, 2023 through June 30, 2023. The reported HQS salary should be no less than RUB 167,000 per calendar month or RUB 501,000 per quarter (if there was a break in work during the reported period). Violations of the established notification procedures, including failure to notify, will result in administrative fines for the employer. Failure to pay the minimum salary set for HQS may result in a ban on the company to employ new HQS employees for two years.