WORK PASS APPLICATIONS & PAYROLL MANAGEMENT

Payroll Management Services

This includes: –
• Payroll management services including monthly payroll processing, maintaining annual leave/medical leave records for employees in accordance with the employment contract(s) and relevant regulations in Singapore;
• Generating itemized pay slips as required under the Employment Act; 
• Submission of monthly employees’ contribution details to CPF Board via CPF e-submission;
• Perform month-end and year end CPF reconciliation against the Company’s accounts (if required);
• Prepare and generate the Return of Employee’s Remuneration (“IR8A”) and Details of Employer’s/Employee’s Contribution to CPF (“IR8S”) (where applicable) for all your employees in accordance with S68(2) of the Income Tax Act; and
• Assist the Company in the submission of Employment Income under the Auto Inclusion Scheme (“AIS”) via IRAS e-submission by 1 March.

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    Established in 2008, FINOVA is a one-stop corporate services firm where valued clients and associates find answers to the ever-evolving challenges in doing businesses in Singapore and elsewhere. Our team of experienced professionals are well equipped to provide sound technical guidance and solutions, practical and effective assistance to businesses across a wide range of industries. We understand that different industries present different sets of challenges, hence, our solutions are often customized to meet your needs and resolve the specific challenges you face.

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