PAYROLL SERVICES:

May 10 2019

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As any other company in the world, Hong Kong based companies have to pay salaries to their employees as well as tax and social security obligations payments in a timely manner. In addition, these records have to be kept for at least 7 years for each employee. 

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La Nao assists in the monthly payroll services as follows:

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1. Employee Registration and Processing for Mandatory Provident Fund ("MPF")

 

La Nao will register all employees in the Mandatory Provident Fund Scheme and will process the monthly payments to such Scheme. 

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2. Payroll Calculation and Preparation of Payment Slips:

 

La Nao will calculate the payroll for all employees and will issue the employee payment slips. Such calculations will include allowances and benefits to employees. 

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3. Payroll Payment:

 

La Nao will transfer the payment to the employee on behalf of the employer. 

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4. Employer's Tax Return Filling:

 

La Nao will prepare and submit to the Inland Revenue Department the company's information containing all employees payroll required to fill in the employer's tax return. 

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5. Inland Revenue Department Notification:

 

La Nao will notify and file the required forms to the Inland Revenue Department when a new employee joins the Company and when an existing employee leaves the Company.

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