Payroll Outsourcing

Payroll Outsourcing Services

For many start-up companies, it is important to have essential employees who can bring in more business, rather than spending time to handle very sensitive and accuracy-driven payroll calculation and administration.  With our payroll outsourcing services and solutions in Hong Kong, our clients are not required to invest in costly computer software and hardware. Employers and Employees are free to focus on business development. We provide the following services:

Payroll Outsourcing

  1. Salary calculations (include all remuneration, earnings, allowances, tips, and service charges, sick leave allowance and etc.);
  2. providing itemized payroll reports and employee pay slips;
  3. Handling bank transfers to employee accounts; itemized monthly statement;
  4. Administering Mandatory Provident Fund (MPF) contributions, leave and overtime balance records;
  5. Employees’ tax filing (IR56B) and reporting.

Benfits of using our payroll outsourcing services

payroll outsourcing benefit
  1. Save long term investment in expensive software and hardware
  2. Save time and more focus on your business operations;
  3. Cost benefits and flexibility of engaging with a professional payroll services company;
  4. With confidence of your payroll with be fully compliance with Hong Kong laws and regulation;
  5. HR manpower continuity and lowering risk.

Frequently Ask Questions of Payroll Outsourcing

1. Why do we outsource our payroll?

With our payroll outsourcing services, you are not required to invest in costly software to handle the payroll. Stress and liability of the employee who are responsible for handling payroll on time will be removed. Employees are free to focus on managing your core business. In addition, you can ensure that payroll information stays confidential and fully compliance with Hong Kong regulations.

2. What will be included if we outsource our payroll to you?

We provide the following services:
Salary calculations (include all remuneration, earnings, allowances, tips, and service charges, sick leave allowance and etc.);
Providing itemized payroll reports and employee pay slips;
Handling bank transfers to employee accounts; itemized monthly statement;
Administering Mandatory Provident Fund (MPF) contributions, leave and overtime balance records;
Employees’ tax filing (IR56B) and reporting.

3. Can you also keep track of annual leave, sick leave and some other vacations?

Yes for sure. Our consultant will contact you to understand your leave policy and we can incorporate into our system. You can also leverage on our system to let employees apply leave online by mobile apps.

4. How should we start if we decide to outsource our payroll?

You can email to us the salary packages of your staff members, designated form can be provided if need. We’ll take it from there, computing the accurate numbers into our system. Monthly salary itemized calculation and invoice will be provided to you before the payment date. Bank transferring and/ or delivering checks and pay slips, arranging for MPF contribution monies to be debited from your account to MPF trustee directly. In every March, we will take care of all IR56B tax reports.