Payroll Services Singapore

Companies in Singapore must pay the salaries of their employees in a timely manner. They must also ensure that the deductions made from the salaries of their employees are submitted to the Central Provident Fund (PF) on time. Computation of basic wages, overtime wages and bonuses are some of the basic elements of payroll processing. However, in Singapore, the computation of donations to funds such as the Singapore Indian Development Association (SINDA), Mosque Building and Mendaki Fund (MBMF) and Eurasian Community Fund (ECF), together with levies including the Skills Development Levy, as well as withholding taxes, make it a complex function. Sovereign can provide a comprehensive, flexible outsourced Singapore payroll service tailored to each client’s specific requirements.

Interested in Singapore Payroll Services?

Asia Focus – July 2019

  • Singapore to launch new corporate structure for investment funds
  • Hong Kong grants first virtual banking licenses
  • Singapore crowned as world’s most competitive economy
  • China strengthen protections for trademark rights and trade secrets
  • When is a trust not a trust?
  • The benefits of outsourcing your payroll

Follow us

Sovereign Trust (Gibraltar) Limited
Tel: +350 200 76173