[ News ] From 6th Sept 2011, The Interim Measures for Participation in Social Insurances of Foreigners Employed in China have been deliberated and passed at the 67th Administrative Meeting of the Ministry of Human Resources and Social Security and approved by the State Council. These Measures are hereby promulgated and shall come into force as of October 15, 2011. Download the new law >>
If you are:
A legal entity in Shanghai
employing less than 300 staff in Shanghai
thinking of outsourcing payroll
Recent trends show that payroll outsourcing is becoming hot in China. Many businesses have already reaped rewards from outsourcing their payroll - greater efficiency, higher quality, reduced costs, upgrading their technology platform and enabling them to focus on their core competencies.
1. Initial payroll setting up, which includes:
-1.1. Employer registration with statutory social benefits
-1.2. Applying for employee's labour manual from relevant authorities (if applicable)
-1.3. Udate your China entity staff's personal details
-1.4. Coordinate with bank of your China entity on proper payroll procedures (if applicable)
-1.5. Assistant in opening personal bank account for each employee
2. Salary calculation and net salary payment arrangement
3. Preparation of your staff's pay slips
4. Payroll report for your local accountant
5. Assistant with external audits and inspection by social benefit authorities
6. Assistance in payroll system set up.
Meshing Consultancy Services(MCS) is a trusted leader in providing multi-country outsourced payroll solutions to any legal entity in Shanghai. We are also a leading banking and IT payroll processor in the region with an impeccable performance record and KPIs. We have a demonstrable track record in handling large volume, complex payroll. With 10 years of payroll experience servicing world class organizations, a regional delivery network, a single instance regional proprietary payroll platform, MCS is uniquely positioned to help you eliminate your payroll headaches.
|Employee Amount||Service Fee|
|<5||Email us to get free quote|
|5-50||Email us to get free quote|
|50-200||Email us to get free quote|
|>200||Email us to get free quote|