At AG, our payroll services Singapore are at affordable price range. Companies without HR department in Singapore are more cost effective to outsource the human resource management to external professionals like AG, in view of strict and fast changing Singapore Employment Acts to ensure statutory compliance.
Our payroll services Singapore include:
Generating monthly payroll
Disbursement of salary
Submission of CPF
Submitting of National Service claim form
Submitting of maternality claim form
Preparation of IR8A
Preparation of IR21 (Tax clearance for foreign employees)
Having all services done at AG, enables reducing process, time and cost.
Quality & Convenience
AG uses reliable payroll system like Tally in processing payroll to ensure quality. Accurate payroll record can be immediately extracted upon client’s need.
Outsourcing payroll to AG is more cost effective than hiring a full time qualified HR accountants, not to mention the cost in setting up HR system which easily costs tens of thousands. Our payroll services charge is as low as S$30 / headcount.
Payroll is confidential record. Outsourcing payroll to external professionals can serve as a safeguard to confidentiality.
Why Outsource Payroll Services?
Payroll involves in-depth understanding of CPF regulation, MOM regulation and others. Monthly submission of payroll is bound by tight deadline as required by the law.
Therefore, it requires high speed generating of quality and accurate payroll record in order to meet the deadline of salary disbursement and CPF submission.
It is costly to set up a HR department and blacklist may be imposed by MOM if there is any non-compliance.
When not to Outsource Payroll
Company with a stable, fixed salaried staff and minimal change in tax obligation may be well better off processing payroll internally itself.
Company chooses to process payroll in-house for the following reason:
(1) It is more cost effective to process in-house than outsourcing. This especially truth when the payroll is straight forward and the volume is extremely low.
(2) Maintain more control over payroll. Any last minute changes can be done immediately.
"I would like to thank John, Managing Partner of AG for responding to our request of his audit services efficiently. Great professionalism!"
PSA CORPORATION LTD
- MS CINDY TAN - AVP
"AG enabled us to streamline the group structure and reporting process which maximised the group performance.
We highly appreciate John’s working relationship with us for giving us his professional advice and valuable solutions whenever we need without delay."
SINGYASIN HOLDING PTE LTD
- MR TERENCE TEA - CEO @ ACCRELIST LTD, SGX-LISTED
111 North Bridge Road
#07-11 Peninsula Plaza
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About AG Singapore
AG is agroup of award-winning mid-tier accounting firms headquartered in Singapore with a presence in Malaysia, serving the niche between the mid-tier accounting firms and the local smaller ones. We are featured on:
We have served more than 1,000 clients since our inception. Some of them are: