Beginner’s Guide to Choosing the Best Payroll Services in Singapore
A growing business means growing business responsibilities and tasks for the business owner. One of the many things that become too much work when businesses grow is the payroll function. It may seem like an easy task to keep up with, but it is also one of the tasks that take time away from the essential business management tasks. When the responsibilities are starting to overwhelm you, it is probably best to hire payroll services in Singapore.
Payroll services provider offers tremendous help to a growing business. A growing customer base means you’ll hire more staff to work the increasing activities in the company. More employees mean more working time, leaves and benefits you have to account for. Payroll services will relieve you of such stress by completing the payroll tasks for you.
But where do you find the best payroll services in Singapore? This article helps struggling entrepreneurs with their dilemma of finding the right payroll services for their company. And if you want to learn more about how to choose the right one, read on!
What Is Payroll Services?
Payroll services are professional assistance that involves the handling of the management of a company’s employee remuneration and payment system. Companies acquire payroll services to ensure that their employees, benefits contribution, and taxes are computed accurately and paid on time. These professional payroll services help streamline business operations by ensuring proper accounting and payment of payroll.
Full payroll services include more than just the computation of correct employee salaries and the release of payment. It also involves collecting timesheets, implementing bonus and allowance schemes, and benefits administration. Payroll service providers also have systems or software that registers payroll parameters and automatically applies them in computations. Payroll professionals also manage withholdings, new-hire reporting, and bank proceedings for employee payments.
There are different payroll services you can acquire in today’s time. In-house payroll personnel refers to the employee who will work under your company. You can also outsource bookkeepers who specialize in payroll systems and activities. They can come in and handle the paperwork every payroll period. And you can also hire freelance payroll professionals online who can manage the task through online accounting solutions.
When choosing payroll services, you should consider their fees, reputation, flexibility, and customer support. You would need a payroll service provider known to be reliable and competent at what they do. You are hiring them to do this function for your business,o you should make sure that they have the right qualifications to do it.
Why Do You Need Payroll Services?
Companies can employ their own payroll officers or staff. However, there are many advantages to outsourcing payroll services from firms than hiring and training recruits yourself. For one, it’s much more cost-effective because you’ll no longer pay for employee benefits and facilities. Also, you’d be getting payroll services from professionals with years of experience in the field.
Furthermore, hiring professionals to handle your payroll gives you security and confidence if you are a starting business owner. You’d then be able to focus more on the management of operations. It would also be more convenient for you to add the payroll reports to complete your accounting.
Moreover, payroll taxes is one of the more complicated taxes one has to deal with when in business. With payroll services, you don’t have to worry about it because you’ll have experienced and more knowledgeable people to assist you with that. In effect, you would also be in better compliance with government regulations.
Where Should I Find the Best Payroll Services?
There could be hundreds of payroll service providers in Singapore. And if you’re worried about going through all of them, you can relax now. We’ve made the process easier for you by identifying the top-performing payroll service providers in the country. Here are the top 10 best payroll services in Singapore.
Here are the Top 10 Best Payroll Services in Singapore
There are many payroll services in Singapore. We worked with industry experts, and some business owners to discuss the best ones among them.
3E Accounting Pte Ltd
3E Accounting Pte Ltd is a leading accounting firm in Singapore. Our team consists of highly experienced professionals with great expertise to register your company. We are a one-stop solution partner for businesses in Singapore as we provide wide-ranging cost-effective services, including company incorporation, nominee director services, business license application, bank account opening, immigration and work pass application, virtual office support, corporate and individual taxation services, corporate secretarial services, accounting services, human resource support, auditing services, business advisory, IT and design service, legal service, software sales and development. 3E Accounting guarantees excellent service to every client as we promise to serve with the 3Es: Efficiency, Effectiveness and Economy to all our clients.
| Price Range: | Bookkeeping Services in Singapore (Free AGM) – from $600 |
| Company Name: | 3E Accounting Pte Ltd |
| Website: | https://www.3ecpa.com.sg |
| Address: | 51 Goldhill Plaza #07-10/11, Singapore 308900 |
| Email Address: | [email protected] |
| Operating Hours: | Monday to Friday – 9am to 6pm |
| Key Service(s): | Singapore company structuring and incorporation services, tax management, legal advice, accounting and bookkeeping services, marketing, business registration, offshore company formation, licensing application, immigration, administration, compliance and business advisory support |
Singapore Payroll Outsourcing
| Company Name: | Singapore Payroll Outsourcing |
| Website: | https://www.payrolloutsourcing.sg/ |
| Address: | 10 Jln Besar, #09-06 Sim Lim Tower, Singapore 208787 |
| Email Address: | [email protected] |
| Operating Hours: | Monday to Friday – 9am to 6pm Saturday and Sunday – Closed |
| Services Offered: | Human Resource Support, Payroll Outsourcing, Payroll Services, Outsourced Contract Staff Management Service, Employer of Record (EOR), and Professional Employer Organization (PEO) service in Singapore. |
Piloto Asia
| Company Name: | Piloto Asia Pte Ltd |
| Website: | https://www.pilotoasia.com/ |
| Email Address: | [email protected] |
| Operating Hours: | 24 Hours |
| Key Service(s): | Company Tax Preparation, Nominee Director Services, Incorporation & Subsidiary, Work Visa and Immigration |
i-Admin Payroll Outsourcing (Singapore)
| Company Name: | i-Admin Payroll Outsourcing (Singapore) |
| Website: | https://www.i-admin.com/ |
| Address: | 140 Paya Lebar Rd, Unit #10-03, Singapore 409015 |
| Email Address: | [email protected] |
| Operating Hours: | Monday to Friday – 9am to 6pm Saturday and Sunday – Closed |
| Services Offered: | PAYROLL OUTSOURCING, CUSTODIAL & LODGEMENT, HR ADMINISTRATION, SELF-SERVICE PAYROLL, CORPORATE SERVICES, ADMINBOOK |
HR Connectus Pte Ltd
| Company Name: | HR Connectus Pte Ltd |
| Website: | https://hr-connectus.com/ |
| Address: | 10 Anson Road #10-11 International Plaza Singapore 079903, Singapore 068914 |
| Email Address: | [email protected] |
| Operating Hours: | Monday to Sunday – 9am to 6pm |
| Services Offered: | PAYROLL, LEAVE, CLAIMS, TIME ATTENDANCE, RECRUITMENT, WORK PASS |
Adept Manpower (APAC) Pte Ltd
| Company Name: | Adept Manpower (APAC) Pte Ltd |
| Website: | https://adeptmanpower.com/ |
| Address: | 60 Albert Street, #16-03 OG Albert Complex, Singapore 189969 |
| Email Address: | [email protected] |
| Operating Hours: | Monday to Friday – 9am to 6pm |
| Services Offered: | Payroll outsourcing services, immigration consultancy Singapore, HR consultancy services |
Advanced American Tax
| Company Name: | Advanced American Tax |
| Website: | https://htj.tax/ |
| Address: | (25th Floor) Samsung Hub, 3 Church Street, Singapore 049483 |
| Email Address: | [email protected] |
| Operating Hours: | Monday to Sunday – 9am to 6pm |
| Services Offered: | – Accounting Services including Audit, Tax, Accounting, Payroll – Risk Advisory – IFRS (International Financial Reporting Standards) – Restructuring and Transaction Support |
PayAsia Pte. Ltd.
| Company Name: | PayAsia Pte. Ltd. |
| Website: | http://www.payasia.asia/ |
| Address: | 1 Raffles Pl, #19-61 Tower 2, Singapore 048616 |
| Email Address: | [email protected] |
| Operating Hours: | Monday to Friday – 9am to 6pm Saturday and Sunday – Closed |
| Services Offered: | Local & Multi-Country Payroll, Consulting & Implementation Methodologies, Lodgement Services |
Singapore Corporate Services Pte Ltd
| Company Name: | Singapore Corporate Services Pte Ltd |
| Website: | https://scs-cpa.com/ |
| Address: | Robinson Rd, #03-04 112, Singapore 068902 |
| Email Address: | [email protected] |
| Operating Hours: | Monday to Friday – 9am to 6pm Saturday and Sunday – Closed |
| Services Offered: | Professional bookkeeping and accounting outsource services, company and personal income tax, goods and services tax (GST), payroll, company incorporation, and other compliance professional services |
Liberte Consulting Pte Ltd
| Company Name: | Liberte Consulting Pte Ltd |
| Website: | https://www.liberte.com.sg/ |
| Address: | 160 Robinson Rd, #04-09 SBF Center, Singapore 068914 |
| Email Address: | [email protected] |
| Operating Hours: | Monday to Friday – 9 AM to 6 PM Closed on weekends |
| Services Offered: | HR & payroll outsourcing, HR consultancy |
End of List on the Top 10 Best Payroll Services in Singapore
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