How Much Does Payroll Services Cost in Hong Kong? (2026)
Quick Answer
HK$500-3,000/month based on company size
Payroll outsourcing services in Hong Kong cost HK$500-3,000/month depending on employee headcount and scope. Services include salary calculations, MPF contributions, tax deductions and employee compensation insurance handling.
Frequently Asked Questions
Standard payroll services include: monthly/hourly wage calculations, MPF contribution calculations and filings, employment tax forms (IR56B/E/F), holiday and paid leave management, payslip distribution, and annual employee income reporting (IR56B) preparation.
Common mistakes include: incorrect MPF contribution calculations (subject to penalties), overlooking statutory holiday pay requirements, improper handling of payment in lieu of notice tax arrangements, and delayed reporting for employee departures/arrivals. Outsourcing effectively mitigates compliance risks.