Payroll calculation and other relevant services

Computation of Salary, Wages, and Benefits

We provide a service for computing employees' salaries and other income, social insurance contributions and personal income taxes under the Labor Law, Social Insurance Law, and Personal Income Tax Law. The salary computation is based on the timesheet, resolutions and other applicable policies provided by the client. It also includes services for the calculation of pensions and benefits per under the Law of Pensions and Benefits and submitting the report to the social insurance authority. The service fee will be determined based on the estimate of required hours and the hourly rate of the outsourcing team.

 

Salary payments

Based on the payroll sheet provided by the client, we pay the net salaries and wages to the employees of our client through our bank account. Confidentiality of the salary information is maintained throughout the whole process under the confidentiality agreement with the client. The service fee will be determined based on the estimate of required hours and the hourly rate of the outsourcing team.

 

Representation in Social Insurance Authority

Based on our professional capability and experience, we closely collaborate with inspecting authorities which enables us to provide proof of evidence minimizing potential risk and defining legal possibilities triggering positive decisions from the inspecting authority. In this way, we deliver true value to our clients. This service comprises of giving interviews and explanations, responses to inspections, requests and disputes, interpretation of social insurance acts and decisions to clients, filing complaints and lawsuits with higher authorities, and representation in court on behalf of our client. The service fee will be determined based on the estimate of required hours and the hourly rate of the specialist.

 

Preparation of Social Insurance Report

A service to prepare and submit an employer’s social insurance report to the social insurance authority based on the payroll sheet provided by the client; which also includes making entries in the health and social insurance books of the employees following the approved report. Deductions for health and social insurance premiums shall be based on the assessment of time to prepare the report. The service fee will be determined based on the estimate of required hours and the hourly rate of the specialist.