Payroll Services in Singapore

The process of payroll in Singapore is complicated and filled with regulations and rules that entrepreneurs must follow.

Payroll in Singapore includes:

• Track and maintain a detailed payroll file of each employee.
• Calculate the salary of each employee monthly.
• Process the net salary as compliant with the MOM’s (Ministry of Manpower) regulations.
• CPF payments.
• Generate payslip as approved by the MOM.
• Providing detailed payroll reports for the management’s reviews.
• Preparing ad-hoc statutory claims.

Singapore is known for their strict enforcement of regulations and punishment for crimes. This includes breaking laws and regulations regarding payroll, even if you did not mean to do so intentionally.

At WLP Group, all our payroll services specialists are familiar with the process of payroll in Singapore. This includes registering the company and completing any necessary government forms. Making even a small error during the payroll process may result in a fine or call from the MOM.

All the time that you could have been spending on developing your new product or service would be spent on trying to figure out the completed Singapore payroll process. Furthermore WLP Group provides additional services such as accounting services. Finding a trusted consultancy firm will help you to streamline your business!

For a FREE payroll services consultation, contact WLP Group at +65 6493 2970.