HQS SALARY NOTIFICATIONS ARE TO BE SUBMITTED BY APRIL 30, 2020

Dear Clients and Partners,

We would like to remind you about the employers’ responsibility to timely submit quarterly notifications on salary paid out to highly qualified specialists (HQS) in the 1st quarter 2020.

Key points

> The reported salary amount should be no less than the minimum level set for HQS (standard conditions):
> 167,000 RUB per one calendar month
> 501,000 RUB per one quarter – if there was a break in work during the reported period.
> Payments included in salary in accordance with clause 1, article 129 of the Russian Labour Code should be included in the notification form.

Deadline

30 April 2020

Liability for violation

> Non-notification or violation of the established notification form or procedure leads to administrative fines imposed on employers:
> officials – from 35,000 RUB to 70,000 RUB
> legal entities – from 400,000 RUB to 1,000,000 RUB.
> Failure to pay the salary in the minimum amount set for HQS:
> ban on company to employ new HQS employees for 2 years

Intermark support

If you require Intermark support with preparing and submitting the notifications, please send an email request to your dedicated immigration consultant or to [email protected]
by no later than 22 April 2020.

NB! Intermark will bear no responsibility for the notification process in case the service is not initiated by the client. Intermark will not guarantee submission of notifications within the provided deadline in case the email request is not sent by 22 April 2020

Best regards,
INTERMARK IMMIGRATION TEAM Tel.: +7 495 502 95 53 e-mail: [email protected]