Best  payroll OUtsourcing Services in Bangladesh

HRBS offers expert payroll outsourcing services in Bangladesh, helping businesses streamline payroll processing, ensure tax compliance, and improve overall operational efficiency. Our team of experienced professionals handles every aspect of payroll management, from calculating salaries to managing deductions, ensuring your business stays compliant with Bangladesh’s local laws and regulations.
By outsourcing payroll to HRBS, you can save time, reduce administrative burdens, and minimize compliance risks. We provide accurate payroll solutions that align with the latest tax regulations and labor laws in Bangladesh. 

Whether you’re handling employee benefits, statutory deductions, or tax filings, HRBS delivers seamless and reliable payroll outsourcing solutions tailored to meet the unique needs of your business. Let HRBS manage your payroll so you can focus on driving business growth while staying compliant with all legal requirements in Bangladesh.

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Bangladesh

A quick look at  Bangladesh 

Population

169 million

Languages

Bengali

Current GDP

USD 472.3 billion

Currency

Bangladeshi Taka (BDT)

Located in South Asia, Bangladesh is an emerging economy with a diverse industrial landscape that includes textiles, agriculture, and manufacturing. The country’s rapid economic growth and strategic location make it an attractive destination for foreign businesses. 

78%

Candidates submitted by HRBS that receive client interviews calls

82%

HRBS candidates interviewed by clients who receive offers

5/5

Average HRBS Rating on Clutch and Google

100+

Projects Done

 Trusted By 

Our  Payroll Outsourcing  Services

At HRBS, we specialize in providing a comprehensive range of payroll outsourcing services that take the complexity out of payroll management. From accurate salary calculations to ensuring compliance with Bangladesh’s ever-evolving tax laws, we provides tailored solutions to meet your business needs.

Payroll Management

HRBS offers end-to-end payroll management services in Bangladesh, ensuring that your employees are paid accurately and on time. Our team handles everything from salary calculations to managing deductions, ensuring seamless payroll processing every month. We stay updated with Bangladesh’s labor laws and tax regulations to guarantee full compliance and prevent errors.

Tax Management

Navigating Bangladesh’s tax landscape can be complex for businesses. HRBS offers comprehensive tax management services that ensure your business meets all tax obligations, including income tax, VAT, and social security contributions. Our team manages payroll-related taxes efficiently, ensuring timely and accurate filings to keep your business compliant.

Time & Attendance Tracking

Accurate timekeeping is crucial for processing payroll correctly. HRBS offers reliable time and attendance tracking systems that ensure employee working hours, overtime, and leave are recorded accurately. Whether employees work on-site or remotely, our system ensures precise data for payroll processing, minimizing the risk of errors.

Payroll Compliance

Compliance with Bangladesh’s labor laws and tax regulations is essential to avoid legal issues. HRBS ensures that your payroll operations comply with all local labor laws, including tax regulations, social security contributions, and employee benefits. We monitor legal updates to ensure your payroll remains fully compliant at all times.

Reporting & Analytics

At year-end, HRBS provides a detailed review of your payroll and prepares all necessary reports and documents for tax filings and regulatory compliance. We ensure your business meets all deadlines for year-end reporting, tax filings, and any other legal requirements, allowing you to stay organized and compliant.

Employee Self-Service Portals

HRBS offers an intuitive employee self-service portal, allowing your team to access their payroll information anytime, anywhere. Employees can view payslips, track leave balances, and update personal details, reducing administrative burdens and improving transparency. This feature helps improve employee satisfaction while streamlining HR operations.

Everything you need to know about  Payroll in Bangladesh 

Effective payroll management in Bangladesh is essential for businesses to maintain legal compliance and ensure smooth operations. This guide provides key insights into payroll components and regulations to help employers navigate the complexities of payroll in Bangladesh.

Currency and wage regulations

In Bangladesh, the official currency is the Bangladeshi Taka (BDT), and all salaries must be paid in BDT. Employers are required to adhere to local financial practices by processing payroll transactions in BDT to ensure full compliance with Bangladesh’s financial regulations. This ensures transparency and consistency in payroll transactions for both employers and employees.

Process we follow

At HRBS, we streamline payroll management in Bangladesh, ensuring timely salary calculations, tax compliance, and proper employee benefit deductions. We follow a structured payroll process to ensure accuracy, transparency, and full compliance with Bangladesh’s labor laws.
Currency The official currency of Bangladesh is the Bangladeshi Taka (BDT). All salaries must be paid in BDT, which ensures compliance with local financial rules and promotes transparency in payroll transactions.
Accurate Data Collection and Verification: We collect and verify employee data, including working hours, overtime, bonuses, and deductions, ensuring compliance with Bangladeshi payroll laws. This process ensures that all payroll calculations are accurate.
Minimum Wage Bangladesh has a national minimum wage law that sets a mandatory minimum wage for employees. As of 2024, the minimum wage varies depending on the sector and job position. Employers must ensure that employees receive at least the minimum wage, and any additional remuneration should be outlined in the employment contract or industry standards.
Payroll Calculation and Tax Compliance: Once employee data is verified, we calculate salaries, tax deductions, and mandatory contributions such as social security. Our payroll experts ensure your business remains fully compliant with Bangladesh’s tax laws, minimizing penalties and ensuring timely tax filings.
Payroll Cycle and Bonuses: In Bangladesh, the payroll cycle is typically monthly, with salaries being paid at the end of each month or as agreed in the employment contract. While Bangladesh does not have a statutory 13th-month bonus, many businesses offer annual bonuses, performance-based incentives, or other benefits depending on company policies and industry standards.
Timely Payroll Distribution and Reporting: After processing payroll, we ensure timely salary distribution. We also provide detailed payroll reports, including deductions, contributions, and net pay, ensuring transparency and accurate financial records for your business in Bangladesh.

Taxes in  Bangladesh 

Income tax in Bangladesh follows a progressive tax system, with rates ranging from 0% to 22% based on annual income. Below is a breakdown of the tax brackets for residents:

Tax Category

Details

Personal Income Tax

Progressive tax rates ranging from 10% to 30% depending on income level.

Corporate Income Tax

32.5% on profits for most businesses. Incentives may apply for some sectors.

Withholding Tax

15% on payments to non-residents for services or royalties.

VAT

VAT is 15%, with some exemptions applicable.

Social Security Contributions

Employers and employees contribute to the Provident Fund and Social Security for pensions, healthcare, and other employee benefits.

Why choose our  Payroll Outsourcing  Services in Bangladesh?

Outsourcing payroll to HRBS in Bangladesh provides your business with time and cost savings by eliminating the need to manage payroll internally. We offer tailored payroll solutions, including payroll processing, tax compliance, and year-end reporting. Our services are designed to meet your specific needs, ensuring an efficient and cost-effective payroll process. With HRBS, you don’t have to worry about the security of your payroll data. We use robust encryption and secure systems to protect sensitive information. 

Our payroll services ensure that your employees are paid accurately and on time, while keeping you informed throughout the payroll process. Partner with HRBS for reliable, accurate, and compliant payroll outsourcing in Bangladesh. Let us manage your payroll so you can focus on driving your business forward.

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PAYROLL experts 

Looking for expert payroll outsourcing services in Bangladesh? Connect with our payroll experts today to simplify your payroll processing and focus on driving business growth.

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Frequently asked  questions 

Find answers to the most frequently asked questions about our Payroll Outsourcing Services in Bangladesh. Have more questions? Feel free to ask us directly!

Payroll outsourcing involves hiring a third-party provider like HRBS to handle all payroll-related tasks, including salary calculations, tax filings, and compliance with labor laws. This allows businesses to focus on other core activities while ensuring accurate and timely payroll processing.

Payroll outsourcing can help your business save time, reduce costs, and mitigate the risk of non-compliance with local laws. With HRBS, you can ensure accurate payroll processing and avoid penalties associated with errors or missed deadlines.

Any business, regardless of size or industry, can benefit from payroll outsourcing. Whether you have a small team or a large workforce, HRBS offers customized solutions to fit your specific payroll needs, ensuring compliance with Bangladesh’s labor laws.

Yes, HRBS stays updated with all changes in Bangladesh’s labor laws, tax regulations, and other statutory requirements. We ensure that your payroll is fully compliant, helping your business avoid penalties and legal issues.

HRBS provides a full range of payroll services, including payroll management, tax management, time and attendance tracking, year-end reporting, employee self-service portals, and compliance with all local labor laws.

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