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Reports on the salaries paid to highly qualified specialists (HQS) during the third quarter of 2021 (July through September) must be submitted by Oct. 29.
Key Points:
Additional Information: 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.
BAL Analysis: Companies should ensure that they submit their quarterly reports on time and that the salaries comply with wage thresholds for HQS workers.
This alert has been provided by the BAL Global Practice Group. For additional information, please contact berryapplemanleiden@bal.com.
Copyright © 2021 Berry Appleman & Leiden LLP. All rights reserved. Reprinting or digital redistribution to the public is permitted only with the express written permission of Berry Appleman & Leiden LLP. For inquiries, please contact copyright@bal.com.
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