Payroll Outsourcing Services

Payroll outsourcing services can reduce the operating costs of enterprises, while steadily implementing the general transactional work of enterprises. HW Wealth Management Ltd. is specialized in managing the affairs of tax, finance & accounting, labor laws, etc. In line with the current operation and regulations of enterprises, we will customize for you the most suitable payroll outsourcing solution. Our services are as follows:

Management Consulting for Payroll Outsourcing

  • Survey of payroll structure and composition
  • Setting up of payroll operating system
  • Consulting for payroll and employee benefit systems
  • Enrollment or discharge of labor & health insurance for personnel
  • Handling of payroll payment:
    • Release of payroll, taxes and insurance premium
    • Monthly withholding taxes
    • Making & sending of monthly/annual tax withholding statements

What Kind of Enterprises Needs Payroll Outsourcing?

  • Enterprises with streamlined personnel
  • Enterprises hoping to reduce the operating costs of personnel
  • Enterprises hoping to maintain the stability of payroll operation
  • Enterprises less familiar with relevant employer-employee laws
  • Enterprises paying attention to the confidentiality of payroll

Merits of Payroll Outsourcing

  • Reducing operating costs of personnel
  • No need to purchase expensive payroll software
  • Avoiding the risk of changes of or incompetent full-time payroll staff
  • No need to worry about the professional ability & training problems of the staff
  • Complied with the standard audit fees and certifications of various enterprises
  • Implementing the confidentiality mechanism of the corporate payroll
  • Complied with the organization and various regulations on payroll withholding statement of tax laws
  • Handled by professional finance and accounting staff
  • With internal control workflow and audit procedures

Work Flow

For business consultation, please contact us