Payroll Services
Calculation of Employee Salaries, Bonuses, and Benefits
- Accurate calculation of employee salaries based on hours worked, rates of pay, and any additional compensation such as bonuses or commissions.
- Calculation and processing of employee benefits, including allowances, insurance premiums, and retirement contributions.
Withholding and Remittance of Social Insurance Contributions
- Determination and deduction of social insurance contributions from employee wages, including health insurance, pension, and employment insurance.
- Timely remittance of withheld amounts to the appropriate social insurance agencies to ensure compliance with statutory requirements.
Preparation and Filing of Year-End Tax Documents for Employees
- Preparation of year-end tax documents, including the Year-End Adjustment (Gensen Choushuu) and the issuance of annual statements such as the Withholding Tax Slip (Gensen Choushuu Hyo) for employees.
- Filing of required tax documents with the tax authorities and distribution of employee statements in accordance with legal deadlines.
Compliance with Labor Laws and Regulations
- Adherence to labor laws and regulations governing payroll and employment practices, including minimum wage requirements, overtime rules, and holiday pay.
- Compliance with statutory obligations related to working hours, employee classifications, and termination procedures.