Rikvin Explains Their Singapore Payroll Service

Rikvin Explains Their Singapore Payroll Service “Preparation of payroll and payment of salary is vital in every business operation”.

This important task has been recognized and acknowledged by Rikvin, a leading corporate solutions provider in Singapore.

Rikvin offers Singapore Accounting Service including Singapore Company Payroll Services in order to cater to businesses especially SMEs that prefers to outsource their payroll function to accounting firms.

“The process can be complicated further and more time-consuming with additional components such as benefits, allowances, deductions, government remittance, etc.

It is of no surprise that consequently many SMEs choose to outsource their payroll function to accounting firms to,” Rikvin said.

Rikvin proceeds by discussing some Payroll services such as salary calculation based on weekly, bi- weekly or monthly, salary payment to employees by cheque issuance or through bank transfer such as GIRO, Central Provident Funds (CPF) registration and timely monthly payment and issuing of IR8A for personal tax including statutory annual returns filing.

The process and items that follows after choosing to employ Rikvin’s Payroll Service was also presented in detail. The process includes assigning an accounts manager for every client, review and organization of information, maintenance of financial ledger and other payroll related services.

“We have been providing our clients Payroll Management Service since 1995. Our payroll specialists are well trained and equipped with the most advanced payroll software system to process even the most complex payroll account. Our service ensures that the government remittances such as CPF are paid on time, tax filing requirements are adhered to, and the payroll information is kept confidential off site,” Rikvin said in conclusion.

About the Publisher: Rikvin is a Singapore-based consultancy that offers businesssolutions for both local and foreign professionals, investors and entrepreneurs. Rikvin’s areasof expertise include assistance to form a Singapore company, Singapore company registration, offshore company setup, Singapore corporate tax and other related corporate services. Rikvin also provides immigration services for foreign professionals wishing to relocate to Singapore.

Rikvin PTELTD 20 Cecil Street, #14-01, Equity Plaza, Singapore 049705 Main Lines: (65) 6438 8887 Fax (65) 6438 2436 http://www.rikvin.com