Payroll Outsourcing Services
in Thailand

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Payroll Outsourcing Services

With over two decades of experience in corporate services, including accounting in Bangkok, Reliance Consulting offers payroll outsourcing as part of our border package of financial management services.
This service includes pay processing, payroll tax filing, payroll deductions, payroll reporting, and employee record-keeping.

Outsourcing your payroll function allows you to focus your time and effort on managing your business. Our dedicated team of payroll processing specialists can help you handle your payroll requirements professionally and in compliance with Thai laws.

Local or foreign, entrepreneurs in Thailand need all the assistance they can get to ensure smooth business operations. However, in today’s highly competitive environment, managing a company in such a dynamic landscape as Thailand is no easy task. Balancing internal operations while developing new strategies to boost revenue can be a major challenge for any business owner.

This is where we can assist with our payroll services. We handle all payroll matters promptly and efficiently, including tracking time, paying employees, tax withholding, tax filing, and staying compliant with federal, state, and local laws. Our team of experts handles human resources and customer support and keeps current with the latest payroll software. This approach alleviates the burden of running payroll in-house and mitigates the risk of tax penalties.

Leveraging on our payroll software, you gain access to features like:

Outsource Your Payroll with Reliance Consulting

Cost-Effective Payroll Outsourcing Services

We believe that every business deserves to experience efficient and top-quality outsourced payroll service. This is why we tailored our service based on your company’s requirements and budget.

Package	Monthly Fee per package (THB)	Maximum Staff per month	Additional transaction shall be charge at THB per person
A	2,400	4	500
B	4,000	8	500
C	6,000	12	500
D	9,000	20	500
E	15,000	40	500
F	25,000	80	500
G	32,500	120	500

Details of work

Calculation of employee’s Withholding Tax and Social Security
Preparation of employee’s Withholding Tax Certificate
Preparation of Social Security reports and submission to the
Social Security Office of the following:
- SPS 1-01 – Company’s social security registration report
- SPS 1-03, 1-03/1 – New employee registration report
- SPS 6-09 – Resigned employee registration report
- SPS 1-10 – Monthly Social Security report
KT.20 K – Employee’s annual salary report

Client provides Reliance Consulting with approved employee timesheets

Processing of payroll calculating wages, deductions, and taxes

Present a detailed payroll report to the client for review and approval

Upon client approval, we upload payroll data to partnered banks for disbursement

Employees receive their salaries on the agreed payday, and we distribute employees’ payslips

Disbursement of social security contributions and taxes to relevant departments

Our Payroll Process

Ensure accurate and timely payroll management for your business with our streamlined 6-step process

Client Approval

Client provides Reliance Consulting with approved employee timesheets

Detailed Report

Present a detailed payroll report to the client for review and approval

Salary Distribution

Employees receive their salaries on the agreed payday, and we distribute employees’ payslips

Payroll Processing

Processing of payroll calculating wages, deductions, and taxes

Bank Upload

Upon client approval, we upload payroll data to partnered banks for disbursement

Compliance

Disbursement of social security contributions and taxes to relevant departments

Client Approval

Client provides Reliance Consulting with approved employee timesheets

Payroll Processing

Processing of payroll calculating wages, deductions, and taxes

Detailed Report

Present a detailed payroll report to the client for review and approval

Bank Upload

Upon client approval, we upload payroll data to partnered banks for disbursement

Salary Distribution

Employees receive their salaries on the agreed payday, and we distribute employees’ payslips

Compliance

Disbursement of social security contributions and taxes to relevant departments

Customized Outsourced Payroll Services

Innovation is the solution if you want your company to stand out and widen its gap against competitors. Reliance Consulting’s payroll outsourcing service is the innovation you need to streamline your operations and manage your business more effectively. Here is our list of payroll services that you can avail:

Processing of Payroll

Accurate processing of net salary payments, including employee’s withholding taxes, SSF contributions, monthly deductions, overtime payments and other benefits

Creating Payslips

Producing employee payslips and providing complete payroll details

Submitting Payroll to Your Bank

Handling direct deposits and wage payments for automatic payment release.

Preparing Social Security Contributions

Accomplishing the filing form (SPS 1-10) and forwarding this to the SSF office on your behalf

Computing Provident Fund Deductions

Calculating the contributions for the PF of every employee

Preparing Withholding Tax Form (PND 1)

Arranging monthly personal withholding tax filing forms of directors and employees and submitting them to the Revenue Department

Preparing and Issuing Withholding Tax Certificates (BIS 50)

Overseeing the preparation and issuance of withholding tax certificates to meet the requirements for personal income tax return filing

Preparing Workmen’s Compensation Deductions

Accomplishing the filing form for annual Workmen’s Compensation contributions and submitting it to the SSF office

Submitting Payments to Government Agencies

Handing the submission of corresponding fees to every government agency

Preparing Electronic Report

Providing an electronic report of your monthly payroll subject to your management’s approval

Benefits of Outsourcing Your Payroll

Payroll processing is time-consuming and requires a thorough understanding of Thai regulations. Outsourcing this task to professionals allows you to enjoy the advantages below.

Payroll rules and regulations in Thailand can be difficult to navigate, which any in-house employee may find confusing. A company needs the services of a true professional who knows the ins and outs of Thai laws and can make sure that it always conforms to existing and new laws to avoid being fined for non-compliance.

Any error or omission in processing the payroll can be met with penalties, which can damage the reputation of any company. With a professional firm handling payroll processing, the whole task is done with speed and accuracy yet performed in strict compliance with industry standards. This means professional payroll processing that is precise, reliable, and secure.

Payroll processing is both time-consuming and labour-intensive. Having a specialised firm handle the job affords companies the opportunity to lessen the workload internally and concentrate better on core business tasks.

Leave tracking and management
Protection of employees’ personal data
Administering employee benefits
Record-keeping employee information and work history
Onboarding and offboarding processes
Integration with other HR systems

Customized reports on employee data and benefits utilization
Secure portal for employees to access their personal information
Timely updates to employee records for any changes in role, promotions, or transfers

Learn more about our payroll services!

Payroll Regulations in Thailand

As an employer or business owner in Thailand, it’s best that you understand the legal framework for employee compensation.

Wages and Overtime

Minimum wage varies by workplace location
Overtime pay: required for work beyond 8 hours/day (48 hours/week); rate is 1.5x the regular rate
Annual bonuses are based on length of service

Taxation

Progressive income tax: 0-35% based on income
Employer must withhold and remit income taxes

Mandatory Benefits

Paid time off
Sick leave
Maternity leave
Retirement plans

Work Hours

Standard: 48 hours/week (max 8 hours/day)
Overtime: Limited to 36 hours/week
One mandatory day off weekly

Social Security

Covers health, disability, maternity, unemployment, and death benefits
Employer is responsible for registration and monthly contributions

Additional Considerations

Other payroll taxes to be withheld and remitted
Possible additional deductions like pension and health insurance
Regular payroll reports and proper documentation are required

FAQs on Our Payroll Outsourcing Services

What is an EIN?

An Employer Identification Number (EIN) is a unique number that identifies your business. It’s required if you have employees or run payroll. Businesses in Thailand need this to pay their employees.

How do I determine Social Security Fund contributions?

Employers and employees must each contribute 5% of the employee’s salary to the SSF, with a maximum contribution of 750 baht per month. Contributions are calculated based on a base salary ranging from 1,650 to 15,000 baht per month.

What does withholding tax on payroll mean?

Withholding tax on payroll means that employers deduct income tax from employees’ salaries and file a withholding tax return monthly (within 7 days of the following month).

Is outsourcing payroll services cheaper?

Yes, you can save money on software and employee training for payroll processing.

Does payroll service quality suffer?

No. Outsourcing this function to professionals assures you that it will be handled accurately and timely.

What is the scope of work of your payroll services?

Our payroll services include:

Calculating employee Withholding Taxes and Social Security
Preparing employee Withholding Tax certificates
Preparing and submitting social security reports to the Social Security Office, including:
- Company’s Social Security registration report (SPS 1-01)
- New employee registration report (SPS 1-03, 1-03/1)
- Resigned employee registration report (SPS 6-09)
- Monthly Social Security report (SPS 1-10)
- Annual employee salary report (KT.20 K)

What are the benefits that the company can get from your payroll services?

It helps you save costs and ensures compliance with employment laws and regulations.

Does the local director have to deduct the withholding tax from his income?

Yes. The local director must deduct withholding tax from their income if they receive earnings.

Related Services to Add

Outsourced Accounting Services

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Withholding Tax

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Audit and Assurance

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Business Financial Services

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Business Accreditations

Reliance Consulting Co. Ltd. in Thailand is a member firm of international accounting network firm of Santa Fe Associates International (SFAI), based in Santa Fe, New Mexico, USA. SFAI is a multinational professional service company specializing in accounting services, auditing, tax, corporate legal consulting, enterprise risk and financial advisory.

Contact Our English Speaking Consultant Today!

Reliance Consulting Co. Ltd

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Payroll Outsourcing Services
in Thailand