Required Services and Specifications. 2.1. Payroll Calculation and Disbursement for Foreign Nationals: Proposer must provide accurate calculation of salaries, bonuses, and other employee compensations, including adjustments for local tax laws, social security contributions, and benefits. Proposer must mitigate the risk of fines due to mismanagement of payroll. 2.2. Tax Compliance and Reporting: Proposer will ensure compliance with local and international tax regulations, including withholding taxes and filing appropriate reports (e.g., W-2, 1099, etc. for US-based employees; local equivalents for foreign nationals). 2.3. Benefits Administration: Proposer will provide management of benefits, such as health insurance, retirement contributions, and other allowances in accordance with local laws...
