Having difficulty in managing your company’s payroll challenges? Getting help from a payroll service provider in Thailand can be a wise decision.
Sure, you may have many questions pertaining to outsourcing the service. Below are a few frequently asked questions that may cater to your initial query.
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- How will you be benefited from outsourcing the payroll services in Thailand?
You will be able to;
- Streamline your company’s payroll process
- Eliminate in-house payroll department
- Reduce cost
- Work in compliance with Thai Government Regulations
- Offer robust security
- Let you focus more on your business
- Will you be genuinely able to save money by outsourcing payroll services?
If you consider the costs like staff costs, opportunity costs, and software and time, you will certainly be able to save a massive amount by outsourcing the payroll needs.
- Will it be wise for a small company to outsource their payroll requirement?
Honestly, it doesn’t matter whether you have a big or small company, the payroll services are customized for everyone. Small businesses get into trouble legally as they lack the expertise to manage payroll effectively.
- What does our payroll service include?
- Monthly payroll calculation, including Pension Fund
- Preparation of documents for bank auto-payment
- Preparation of monthly payslips
- Work in compliance with the Employment Ordinance
- Filing Employers’ Returns to the Revenue Department in Thailand
- What information do you need to provide to get a quotation for payroll outsourcing service in Thailand?
The required information is below;
- Do you have a company in Thailand to register this potential employee in the social security funds?
- What is the nationality of this potential employee?
- What is your mutual agreement with the employee concerning additional benefits (e.g. traveling allowance, insurance, etc.,)
- What is your expectation on our role and duty (e.g., receive the payment from you and paying the employee on your agreed date)