Payroll Management & MPF Services in Hong Kong
Managing payroll and Mandatory Provident Fund (MPF) contributions in Hong Kong requires precision and compliance with the Employment Ordinance and MPF Schemes Ordinance. Echo Olesen Global provides comprehensive payroll processing and MPF management services for businesses of all sizes.
What's Included
Our Process
Setup
We set up your payroll system, enroll employees in MPF schemes, and establish processing schedules.
Monthly Processing
We calculate salaries, deductions, and MPF contributions accurately each month.
MPF Remittance
We ensure MPF contributions are remitted to the trustee within the statutory deadline (10th of the following month).
Reporting
We provide monthly payroll reports and handle all employer tax return filings with the IRD.
Frequently Asked Questions
What is the MPF contribution rate in Hong Kong?
What are the penalties for late MPF contribution?
Payroll Management & MPF Services in Hong Kong โ Case Studies
Real results from international clients who trusted Echo Olesen Global for their Hong Kong business needs.
A US tech company expanding into Hong Kong needed to hire 8 local employees but had no knowledge of Hong Kong's salaries tax, MPF contribution requirements, or employer return obligations.
Echo Olesen Global set up a complete payroll system, enrolled all employees in MPF schemes, calculated monthly salaries tax withholding, and prepared the annual employer's return (IR56B) for the Inland Revenue Department.
Payroll running smoothly from day one. Zero compliance issues in the first year. The client expanded to 15 employees within 12 months with our payroll service scaling seamlessly.
A UK law firm's HK office had been managing payroll internally but made errors in MPF contribution calculations, resulting in underpayments and potential MPFA penalties.
We conducted a payroll audit, identified and corrected all MPF contribution errors, made the necessary catch-up contributions, and took over the payroll function with a dedicated payroll specialist.
All MPF arrears settled without MPFA penalties. Payroll accuracy improved to 100%. The firm's HR team reported significant time savings from outsourcing the function.
What Our Clients Say
โEcho Olesen set up our entire HK payroll and MPF system from scratch. Their team is knowledgeable about local requirements and the process was seamless. Monthly payroll is always processed accurately and on time.โ
โAfter MPF errors with our previous provider, Echo Olesen cleaned up the mess and took over our payroll. Their accuracy is excellent and they handle all the IRD employer returns. Great service.โ
โManaging payroll for our HK team from Australia was complex. Echo Olesen handles everything โ salary calculations, MPF contributions, tax withholding, and employer returns. Reliable and professional.โ
โEcho Olesen's payroll service is efficient and accurate. They handle all the complexity of HK salaries tax and MPF, and I receive a clear payroll summary every month. Excellent support for our HK operations.โ
Get Expert Advice
Our licensed advisors are ready to help you with Hong Kong payroll MPF management in Hong Kong โ whether you're based overseas or already in the city.
Free Consultation โ