Contribute to the MPF, an important retirement savings plan that is mandatory for all employees, to ensure financial security for retirees.
The Inland Revenue Department (IRD) requires employers to submit their tax returns on time and to maintain accurate payroll records.
The average salary in Hong Kong ranges from HK$20,000 to HK$50,000 monthly. Professionals in finance, tech, and healthcare tend to earn higher salaries. Staying updated on market trends ensures fair compensation.
The minimum wage in Hong Kong is HKD 40 per hour as of May 1, 2023. Employers must ensure compliance with this regulation to avoid penalties and legal issues.
Through the use of payroll outsourcing services, employers can benefit from specialised local expertise when dealing with Hong Kong's labour and tax laws.
Businesses can allocate resources more efficiently by outsourcing the payroll processing tasks to external providers, saving both time, resource and money.
Payroll providers use robust security measures to protect sensitive employee information, mitigating the risk of data breaches.
Companies can scale their payroll processing capacity without investing in additional infrastructure or personnel.
Businesses in Hong Kong seeking to streamline their operations and ensure compliance with local regulations can benefit from outsourcing their payroll function to Galaxy Group. With our Headquarters in Hong Kong, companies can benefit from our local expertise and dedication to excellence. We provide tailored payroll solutions that reduce the administrative burden and increase efficiency. Galaxy Group provides payroll outsourcing services for the following reasons:
Through our advanced payroll processing systems and experienced payroll staff, we ensure accuracy and efficiency in payroll calculations.
With cutting-edge payroll technology and software, Galaxy Group offers clients seamless payroll management and reporting.
As part of our comprehensive payroll services, we provide our clients with holistic solutions including employee benefit plans, taxation, and compliance.
With our customisable reporting and analytics features, businesses can gain valuable insights into payroll data, which allows them a deeper view, enabling them to optimise their workforce management plans.
Speak with us to discover more