Foreign companies set-up office in Hong Kong, but they might not have a human resource team to handle payroll operations in Hong Kong.
Prism can provide payroll services as follows:
Prepare monthly payroll record for head office approval
Arrange monthly payroll autopay banking services
Arrange monthly MPF enrollment and payment under Mandatory Provident Fund Schemes Ordinance (Cap 485)
Prepare annual filing of Employer's Return of Remuneration & Pensions Form 56A and 56B employer tax
Prepare the filing of Form 56F to report the employee’s salary up to the date of termination/resignation to IRD when the employee resigns or is terminated.
Read more about our payroll service and Xero accounting in Hong Kong.