Payroll Services

We provide payroll services for companies or organizations that do not have staff to manage employee payroll processing. The company or organization is required to withhold tax at source every time it disburses payments, and remit the withheld tax to the Revenue Department every month within 7 days of the following month. Additionally, contributions to the social security fund must be submitted to the Social Security Office.

Monthly Tasks:

1. – Calculate the withholding tax for each employee based on their earnings for the month.
2. – Prepare payroll records by department.
3. – Create individual pay slips for each employee.
4. – Submit social security contributions to the Social Security Office.
5. – Prepare the electronic file for the bank to process payments to employees' bank accounts.
6. – Submit withholding tax (Form P.N.D. 1) to the Revenue Department.

Annual Tasks:

1. – Calculate personal income tax for each employee and check if additional tax is required or if a tax refund is due for overpayment. Typically, the system will ensure the tax is accurately calculated and paid in full in the final month.
2. – Employee registration report.
3. – Report on insured persons.
4. – Summary report of annual wages.
5. – P.N.D. 1 Form for government submission.
6. – Tax deduction certificate.
7. – Calculation of wages for the K.T.20. wage report.
8. – Reports for completing Forms P.N.D. 90 and P.N.D. 91.