Payroll & HR outsourcing

However, many international companies also use assino's services for payroll accounting. This is advisable for the following reasons:

• Like Russian financial accounting, Russian payroll accounting is extremely bureaucratic and complex in practice. The numerous special features that regulate taxes and social security contributions in Russian labor law alone lead to irritation and incorrect assessments.
• The corresponding know-how must be available in payroll accounting. Estimates assume for example that the average wage in companies is incorrectly calculated in up to 70% of cases. The reason for this is often insufficient knowledge of the different payment methods.
• The consequence of this miscalculation is that the employee is either paid too much or too little. This means that too much or too little wage tax is paid. A calculation in favor of the employee inevitably leads to an unjustified reduction in profit tax. If this error is discovered during a tax audit, this will require an additional tax payment with fines and default interest.
• The situation in the company is exacerbated by the fact that the required skilled workers are often not available on the job market. The specialists available in the company are often not able to monitor and take into account all changes due to the number of them.