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IMPACT – MEDIUM
Reports on the salaries paid to highly qualified specialists (HQS) during the first quarter of 2022 (January through March) must be submitted by April 29.
Key Points:
BAL Analysis: Companies should ensure that they submit their quarterly reports on time and that the salaries comply with wage thresholds for HQS workers. Failing to pay the minimum salary established for HQS employees can result in a company being banned from employing new HQS employees for two years.
This alert has been provided by the BAL Global Practice group. For additional information, please contact berryapplemanleiden@bal.com.
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