Most Affordable Service Fee in the Market
while upholding the highest quality of service
Our monthly payroll service fee is only 20 USD per employee per month
Scope of the Monthly Payroll Service
01.
Preparation of payslip and computation of taxes, and contributions of employees
02.
Employee/employer share payment to the three social institutions
03.
Sending of Payslips
04.
Preparation of payroll sheet and file that the accounting needs to file and pay the employee tax
05.
Salary disbursement
What is a Payroll Service?
What is the timeline for Setting up the Payroll of a company?
Company registration is the service offered by Jumpstarters Manila to local and foreign investors who plan to open and expand there business in the Philippines.
Can Jumpstarters Manila assist with employee contract darfting?
Yes, we offer payroll and other employment related services as well such as the contract drafting of your employee.
The standard realistic timeline of completion for company registration in the Philippines is 3-5 months considering that the institutions will not required additional documents.
Can I avail the payroll service even if I only have 1 employee for now?
YES. Our service fee structure is per employee basis. We do not have a minimum required amount of
Importance of Payroll Service in the Philippines
Once a corporation have employees, they are now obligated to register them to the three social institutions in the Philippines plus with the BIR who is responsible for tax wages in the country.
Jumpstarters Manila will guide you through the step by step process. We will ensure that everything will be taken care of.
Important Information for Payroll Processing
We will gather all the details and documents needed then we will process accordingly. Once the computation is done, we will cross-check with our manually-built spreadsheets before sending them to your team. Immediately after the approval and settlement, the salaries and payments will be accomplished.
1
Estimated cost for monthly or yearly payroll
2
Timesheet and employee details
3
Appropriate BIR Form
7
Receipts management
4
Registration to the different agencies (BIR, SSS, HDMF, and PHIC)
5
Computation of employee and employer’s government contributions and taxes
6
Benefits and premium pay applicable for different levels of employment
Mandatory Contributions in the Philippines
One of the first steps in employment is registering the employees with the SSS, Philhealth, and Pag-IBIG to ensure the remittance of the monthly contributions on behalf of the employees. Through the contributions made by both the employees and the employer, the employees will have access to social security benefits, health insurance, and housing loans.
Requirements for Payroll Service in the Philippines
Essential requirements for the registration of a 100% foreign-owned corporation in the Philippines
The requirements vary depending on the planned business activity and CHOSEN ENTITY of the investor. That is why it is important to schedule a consultation with our experts in order to determine if you will be needing any additional licenses or requirements.
Working With the Best Clients and Partners
