Payroll Outsourcing Services
Let B1 take care of your payroll so you can stay focused on what matters most
Accurate and timely payroll is fundamental to strong employee relationships. It encompasses everything from base salary to bonuses and other performance-linked incentives.
With complex and evolving regulations – alongside a multitude of regional and industry-specific requirements – payroll processing and related tax reporting can be both time-consuming and technically demanding. This work requires deep expertise, proactive tracking of legislative changes and the agility to adapt systems quickly.
By outsourcing your payroll to us, you can concentrate on your core business while minimizing the risk of human error and calculation mistakes. You will also benefit from our regular updates on regulatory developments.
WHY OUTSOURCE PAYROLL?
Regulatory compliance
Ensure high-quality payroll calculations and reporting in full alignment with the latest regulatory requirements
Risk mitigation
Minimize risk related to tax compliance and labor law violations
Confidentiality
Safeguard the confidentiality and security of payroll data
OUR SERVICES
Payroll, social security contributions and personal income tax (PIT) calculations
- Calculation of salary advances
- Primary payroll calculations
- Supplementary payroll calculations
These calculations serve as the basis for preparing a complete set of statutory payroll reports, including individual payslips. We can also prepare tailored management reports in your company’s preferred format. Upon request, documentation can be provided in both Russian and English.
Additional services
- Preparation and submission of mandatory payroll and payroll tax reports to the tax authorities and social funds
- Generation of bank files, payment orders or paysheets for employee salary payments
- Email distribution of payslips to employees
- Issuance of employment confirmations or other certificates upon request
- Calculation of unused vacation days for provisioning purposes
- Expert advice on payroll and payroll tax calculations
WHY B1?
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Robust multi-level quality control throughout the payroll process
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Industry-specific expertise built into our payroll methodology and aligned with your business model
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Basic legal support on payroll matters, including guidance on current calculations and clarification of applied methods and previous results
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Preliminary review of input data to flag potential risks related to social security contributions, PIT, labor law and immigration
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Flexible payroll schedule adapted to your company’s operations
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Communication and reporting available in both Russian and English
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