RS INSTITUTIONAL SERVICES
Billing Currencies: EUR / USD / GBP
Scope: Educational Institution Administration, HR & Payroll Management, Accounts & Bookkeeping, Corporate / Business Administration, and Transportation Management (for transporters).
1. Global Service Rates
HOURLY
| Service / Level | Workload / Basis | EUR | USD | GBP |
|---|---|---|---|---|
| Education Administration | Per hour | EUR 18 | USD 20 | GBP 16 |
| HR & Payroll | Per hour | EUR 20 | USD 23 | GBP 17 |
| Accounts & Bookkeeping | Per hour | EUR 22 | USD 25 | GBP 19 |
| Corporate Administration | Per hour | EUR 18 | USD 20 | GBP 16 |
DAY-WISE
| Service / Level | Workload / Basis | EUR | USD | GBP |
|---|---|---|---|---|
| Education Administration | Up to 7 agreed billable hrs/day | EUR 120 | USD 135 | GBP 105 |
| HR & Payroll | Up to 7 agreed billable hrs/day | EUR 135 | USD 155 | GBP 115 |
| Accounts & Bookkeeping | Up to 7 agreed billable hrs/day | EUR 150 | USD 170 | GBP 130 |
| Corporate Administration | Up to 7 agreed billable hrs/day | EUR 120 | USD 135 | GBP 105 |
WEEKLY
| Service / Level | Workload / Basis | EUR | USD | GBP |
|---|---|---|---|---|
| Education Administration | Up to 35 agreed billable hrs/week | EUR 550 | USD 625 | GBP 475 |
| HR & Payroll | Up to 35 agreed billable hrs/week | EUR 625 | USD 710 | GBP 540 |
| Accounts & Bookkeeping | Up to 35 agreed billable hrs/week | EUR 700 | USD 800 | GBP 600 |
| Corporate Administration | Up to 35 agreed billable hrs/week | EUR 550 | USD 625 | GBP 475 |
2. Monthly Workload-Based Rates
The table shows the full service at each level. Smaller starter packs are available for most services, from USD 425 per month. Pack details, limits and conditions are shown to registered clients on the RSIS Client Portal.
| Service | Level / Workload | EUR | USD | GBP |
|---|---|---|---|---|
| Education Administration | Basic - up to 200 students | EUR 750 | USD 850 | GBP 650 |
| Education Administration | Standard - 201-500 students | EUR 1,300 | USD 1,475 | GBP 1,125 |
| Education Administration | Advanced - 501-700 students | EUR 2,000 | USD 2,275 | GBP 1,725 |
| Education Administration | Above 700 students | Custom Quote | Custom Quote | Custom Quote |
| HR & Payroll | Basic - up to 20 employees | EUR 650 | USD 740 | GBP 560 |
| HR & Payroll | Standard - 21-50 employees | EUR 1,250 | USD 1,425 | GBP 1,075 |
| HR & Payroll | Advanced - 51-150 employees | EUR 2,250 | USD 2,550 | GBP 1,935 |
| HR & Payroll | Above 150 employees | Custom Quote | Custom Quote | Custom Quote |
| Accounts & Bookkeeping | Basic - <=100 txn + 1 bank A/c | EUR 750 | USD 850 | GBP 650 |
| Accounts & Bookkeeping | Standard - 101-300 txn + up to 2 banks | EUR 1,400 | USD 1,600 | GBP 1,200 |
| Accounts & Bookkeeping | Advanced - 301-500 txn + up to 4 banks | EUR 2,500 | USD 2,850 | GBP 2,150 |
| Accounts & Bookkeeping | >500 txn and/or >4 banks | Custom Quote | Custom Quote | Custom Quote |
| Corporate / Business Admin | Basic - <=100 operational txn | EUR 750 | USD 850 | GBP 650 |
| Corporate / Business Admin | Standard - 101-300 operational txn | EUR 1,300 | USD 1,475 | GBP 1,125 |
| Corporate / Business Admin | Advanced - 301-500 operational txn | EUR 2,000 | USD 2,275 | GBP 1,725 |
| Corporate / Business Admin | >500 / complex workload | Custom Quote | Custom Quote | Custom Quote |
| Transportation Management | Basic - up to 25 vehicles | EUR 500 | USD 575 | GBP 435 |
| Transportation Management | Standard - 26-50 vehicles | EUR 825 | USD 950 | GBP 720 |
| Transportation Management | Advanced - 51-120 vehicles | EUR 1,550 | USD 1,775 | GBP 1,345 |
| Transportation Management | Above 150 vehicles | Custom Quote | Custom Quote | Custom Quote |
Monthly services are workload/scope based and do not carry a guaranteed monthly-hour entitlement.
Transportation Management (for transporters): vehicles, drivers, document expiry, trips with LR / waybill, delivery and POD, freight and party outstanding, fuel, toll, repair and tyre expenses, driver advance and vehicle-wise profit. Advanced: 121-150 vehicles at USD 18 per additional vehicle per month; above 150 vehicles: Custom Quote. Staff payroll is under HR & Payroll. Hourly, day-wise and weekly work follows the Corporate Administration rates.
3. Complete Back Office Outsourcing Package - Service Value
| Package Level | Combination | EUR | USD | GBP |
|---|---|---|---|---|
| Basic | Education/Corporate + HR + Accounts | EUR 2,150 | USD 2,440 | GBP 1,860 |
| Standard | Education/Corporate + HR + Accounts | EUR 3,950 | USD 4,500 | GBP 3,400 |
| Advanced | Education/Corporate + HR + Accounts | EUR 6,750 | USD 7,675 | GBP 5,810 |
Complete Educational: Education Administration + HR & Payroll + Accounts & Bookkeeping. Complete Corporate: Corporate Administration + HR & Payroll + Accounts & Bookkeeping.
Package discount is not automatic. Any package discount or fee adjustment is subject to Proprietor approval based on combined scope, data condition and processing effort.
4. Backlog / Historical Work
Clean / standardized / usable historical data:
Backlog Fee = Applicable Monthly Service Fee x 50% x Number of Backlog Months
| Example | Calculation | Backlog Fee |
|---|---|---|
| Accounts Basic - 1 month | EUR 750 x 50% x 1 | EUR 375 |
| Accounts Basic - 3 months | EUR 750 x 50% x 3 | EUR 1,125 |
| Accounts Basic - 6 months | EUR 750 x 50% x 6 | EUR 2,250 |
| Data / Record Condition | Charge Basis |
|---|---|
| Clean / standardized data | 50% of applicable monthly rate |
| Normal backlog | 65% of applicable monthly rate |
| Correction-heavy / incomplete / mixed data | 80%-100% of applicable monthly rate |
| Highly complex / unstructured | Custom Quote |
Backlog processing requires 100% advance payment.
5. Engagement & Payment Terms
| Engagement | Minimum / Basis | Payment Rule |
|---|---|---|
| Hourly - Direct Client | Agreed prepaid hour block | Prepaid 5/10-hour or agreed block; actual hours deducted |
| Hourly - Marketplace | Platform terms | Applicable secured marketplace/platform payment system |
| Day-wise | Agreed working day(s) | 100% advance before scheduled workday |
| Weekly | 1 agreed week | 100% advance before weekly service period |
| Monthly - Individual Service | Minimum 1 month | Monthly advance |
| Complete Back Office Outsourcing Package | Minimum 3 months | Monthly advance; all 3 months not required together |
| Custom / Project | As per quotation | Advance / milestones as specified in quotation |
| Backlog / Historical | As required | 100% advance |
Termination Notice: Standard 30-day notice. Minimum commitment conditions remain applicable unless an exception/early closure is approved by the Proprietor.
6. Currency Policy
EU / Eurozone billing: EUR | United States billing: USD | United Kingdom billing: GBP. Rates are fixed commercial rate-card amounts and are not recalculated daily based on foreign-exchange movements. RSIS may periodically review the Global Rate Card.
7. International Tax / VAT / GST
Client-facing clause:
"All service fees are exclusive of applicable GST, VAT, sales tax, withholding tax, duties or other statutory charges. Tax treatment will be determined according to applicable law, customer location/status and nature of supply. Reverse-charge or export-of-service treatment will apply where legally eligible."
No blanket 'No VAT' or 'No GST' representation is made. Actual tax treatment is determined for the relevant transaction and jurisdiction.
8. Bank, Payment & FX Charges
Client: Client-side bank, transfer, payment-provider charges and applicable client-jurisdiction statutory charges, as applicable under law/quotation terms.
RSIS: Charges levied by RSIS's receiving Indian bank after receipt/credit of the remittance, including RSIS-side receiving-bank charges and RSIS-side forex/conversion margin.
"Client-side bank, transfer and applicable statutory charges shall be borne by the Client. Charges levied by RSIS's receiving bank in India after receipt of the remittance shall be borne by RSIS."
9. Foreign Withholding Tax
"Where withholding of tax is required by applicable law, the Client shall provide RSIS with the official withholding tax certificate/proof of deposit. Any available treaty relief or reduced withholding rate shall be applied where legally eligible and supported by required documentation."
10. Commercial & Scope Notes
- Custom/Project work is scope-based and may consider workload volume, complexity, turnaround requirement, estimated effort and applicable external expenses.
- Routine RSIS internal operating costs are included in service fees. Client-specific statutory, government, third-party professional, travel/stay or unusual external expenses may be charged separately where agreed.
- Fee adjustments, package discounts, payment exceptions and early-termination exceptions require Proprietor approval.
- Marketplace engagements remain subject to the relevant platform's payment/security rules where those rules supersede direct-client payment mechanics.
This fee structure is intended for RS Institutional Services' Global Back Office Outsourcing Services and may be revised only through an approved future rate-card update.