Through outsourcing HR services, we offer the following support related to payroll calculations, including monthly salary and bonus calculations and year-end tax adjustment, and services related to social insurance.
Please be informed that we provide services through BDO Social Insurance & Labor Consulting Co. when the service requires a Labor and Social Security Attorney's license stipulated under the Act on Public Consultants on Social and Labour Insurance, in order to comply with laws and regulations.
Payroll calculation
- Monthly salary and bonus calculations, including issuance of salary and bonus pay slips
- Retirement and severance payment calculation
- Bank transfer of salary, bonus, retirement and severance payment on behalf of the company
- Year-end tax adjustment
- Resident/Local tax notifications (payroll report / changes)
- National and local withholding tax payment on behalf of the company
- Benefits in kind (legal rent / economic benefit)
- Expatriate payroll
Social and labor insurance
- Procedures for joiners and leavers (labor accident, employment, health, and welfare pension)
- Continuation of labor insurance (collective), fixed project application and notification
- Special application for Labor Accident Compensation Insurance (Type 1 / Type 3)
- Application for Health Insurance Association
- Annual update labor insurance (including special subscribers)
- Notification of base amount for calculation of social insurance (including notification of monthly changes)
- Application for social and labor insurance benefits (injury allowance, childbirth allowance, leave compensation benefit etc.)
- Application and notification related to social security agreements (in each country)
- Participation in examination by Labor Standards Inspection Office
- Participation in social insurance audit