|Currency||Payroll Frequency||Employer Taxes|
|Hong Kong Dollar
|Monthly||Ranging from 5% to 1500 HKD|
Hong Kong is a Special Administrative Region of China and a major financial center in the Asia-Pacific region.
The territory has a GDP of $404 billion in 2021 according to the World Bank, making it one of the wealthiest places in the world in terms of GDP per capita.
The International Monetary Fund (IMF) projects that Hong Kong’s economy will grow by 3.5% in 2022.
The territory is expected to continue to play a key role in the global economy, with its strong financial sector and strategic location as a gateway to China.
How can PEO solutions help?
Imagine the ability to hire across country boundaries at scale and without having to worry about the legal and employee administration process of your employee. That’s how PEO solutions work.
By providing total workforce management solutions, AYP Group is able to help you manage payroll, distribute competitive employee benefits packages, and ensure that your business is compliant with the relevant local legislation wherever your employees are based.
How much would PEO Solutions cost?
The range of solution providers of PEO solutions can range from USD300 per employee to USD650 per employee. View AYP Group’s transparent list of solutions for your worker types here.
Find out about AYP’s total workforce management solution today!
Learn more about AYP Global Pay, Asia Pacific’s smartest People and Payroll Management System.
Contact our HR specialists to learn more.