China Payroll Service refers to the sum of all financial records of salaries for an employee, wages, bonuses, compensation, benefit contributions/deductions, etc.
China, under the Belt and Road Initiative, will link Asia, Africa and Europe. The initiative envisions a trade and infrastructure network connecting Asia with Europe and Africa. China’s bid to assume global responsibility is amply clear from its endeavours to ensure peace, stability and development of China and the rest of the world. In such an opened economic environment, a lot of foreigners would like to keep an eye on China market and seek for business opportunities here, may devote themselves to start business and make all-out efforts.
To avoid the backwards of human resource & payroll management during business operation, you could choice payroll outsourcing to help you control costs, manage risks，and eliminate administrative hassles.
As we know China's new labor contracts law came into force Jan. 1, 2008. Employing staff in China is becoming more and more complicated, more so if you operate a national wide business. Items such as mandatory welfare payments and employee’s education levels all have specific regional regulations regarding wages. China governments tend to revise minimum wage levels and welfare on an annual basis. In an increasingly competitive market for skilled labor, foreign-invested companies are restructuring their salary packages as a means of hiring and retaining quality staff.
Mr. Carlson Chan, who is the enterprise service provider more than 18 years as well as the founder of Tannet, points out that company management mainly revolves on the things and human resources in your company. We should balance the matters/things and the employees in order that the right employee succeed, work effectively, increase productivity; a wide array of HR & Payroll services, as well as a complete benefit package can meet the needs of most every type of business.
Small businesses
Small businesses with payroll services are scalable and easily integrate. You may be new to payroll management and compliance but have a small team to pay and records to keep. Payroll outsourcing enables small business owners to get on with building their businesses without compliance worries.
Medium businesses
You may have an accounts and HR person with some or all of the required payroll knowledge. Payroll outsourcing means you won't have to maintain and manage payroll full time. This will enable your staff to concentrate on their other important responsibilities.
Large businesses
You have a payroll department that deals with large amounts of staff and employee data. Large businesses benefit from the efficiency and cost savings of payroll outsourcing.
Flexibility, accessibility, customization and a sense of urgency are what our clients’ value most about how we handle their payroll needs. Our payroll management service as follows:
Payroll Processing & Tax Administration
Payroll process/ system --- Manage multiple pay groups and pay schedules for clients’ various business entities;itemized payroll processing;perform quality control check ;
Payroll tax/payroll slip -- Handle individual income tax filings in compliance with government regulations, social benefits;Submit itemized payroll reports for clients’ confirmation.Transfer net pay electronically to employees’ bank accounts
Management Reports
We provide standard management reports that comply with local labor laws and regulations – and help employers to better manage their payroll-related business functions.
Contact us
If you have further enquire, please do not hesitate to contact Tannet at anytime, anywhere by simply visiting Tannet’s website english.tannet-group.com or www.tannet-group.net, or calling Hong Kong hotline at 852-27826888 or China hotline at 86-755-82143422, or emailing to tannet-solution@hotmail.com.
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