Reliable payroll outsourcing Services in Malaysia
Looking for the best payroll outsourcing services in Malaysia? Our expert team provides end-to-end payroll management solutions, ensuring accurate payroll processing, full compliance with local tax and labor laws, and timely salary payments. With our support, your business can reduce administrative burdens and improve operational efficiency.
We specialize in managing everything from tax deductions to employee benefits, simplifying payroll and taking care of all complexities for you. Our comprehensive payroll outsourcing services are tailored to businesses of all sizes, ensuring smooth operations and full compliance with the latest regulations. Partner with us for cost-effective payroll outsourcing services that guarantee on-time and error-free salary disbursements. Enjoy hassle-free payroll management that supports your business growth and enhances employee satisfaction.
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A Quick Look at Malaysia
Population
33 million
Languages
Malay, English, Mandarin, Tamil, and various local dialects
Current GDP
USD 394.16 billion
Currency
Malaysian Ringgit
Malaysia has a population of 33 million and a GDP of USD 394.16 billion. The country’s official language is Malay, with English, Mandarin, Tamil, and various local dialects also spoken.
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
Payroll Management
Simplify your payroll management with our expert services! As a leading payroll service provider in Malaysia, we guarantee accurate and timely payroll processing for your employees. By outsourcing your payroll to us, you can concentrate on propelling your business forward without the worry of payroll-related hassles.
Tax Management
Time & Attendance Tracking
Effortlessly track employee hours with our reliable time and attendance tracking system. This solution integrates seamlessly with payroll processing, providing accurate data for payroll calculations. Reduce errors and improve efficiency with our smart tracking tools!
Payroll Compliance
Reporting
Employee Self-Service Portals
Enhance employee satisfaction with our user-friendly self-service portals. Allow your team to access their payroll information, including payslips and tax documents, whenever they need it. This transparency fosters engagement and trust.
Everything you need to know about Payroll in Malaysia
Effective payroll management in Malaysia is critical for businesses to ensure legal compliance and maintain smooth operations. This guide highlights key payroll components and helps employers understand the regulations and best practices for payroll outsourcing in Malaysia.
Currency & Wage Regulations
In Malaysia, the official currency is the Malaysian Ringgit (MYR), and all salaries must be paid in MYR. Employers are required to adhere to local financial practices by processing payroll transactions in MYR to ensure transparency and full compliance with Malaysia’s financial regulations.
Payroll Process We Follow
Taxes in Malaysia
Income tax in Malaysia 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 system, ranging from 0% to 30% depending on income level.
Corporate Income Tax
24% on profits for local and foreign businesses. SMEs can benefit from a reduced tax rate of 17% on the first RM 600,000 of taxable income.
Withholding Tax
10% on payments to non-residents for services or royalties.
Goods and Services Tax (GST)
GST has been abolished, and the country operates under a Sales and Service Tax (SST) of 5% or 10% depending on the product or service.
Social Security Contributions
Employees contribute to the Social Security Organization (SOCSO) for employment injury and old-age benefits, with varying rates depending on salary levels.
Why choose HRBS for Payroll Outsourcing in Malaysia
Outsourcing your payroll to HRBS in Malaysia not only saves time but also reduces costs by eliminating the need to hire additional payroll staff. We offer fully customized payroll solutions, covering everything from payroll processing and tax compliance to year-end reporting. With HRBS, your business will experience a more efficient and cost-effective payroll process, tailored to your unique needs.
We take the security of your payroll data seriously, employing robust encryption and secure systems to protect sensitive information. Our reliable payroll services ensure that your employees are paid accurately and on time, and we provide regular updates to keep you informed throughout the payroll process. Partnering with HRBS allows you to focus on running your business while we handle your payroll with precision and compliance.
Connect with Our
Payroll experts
Looking for reliable payroll outsourcing services in Malaysia? Get in touch with our experts today to manage payroll, ensure tax compliance, and improve your HR operations with ease.
Frequently Asked Questions
Find answers to the most frequently asked questions about our Payroll Outsourcing services in Malaysia. Have more questions? Feel free to ask us directly!
We provide a full range of payroll services in Malaysia, including payroll processing, tax compliance, employee self-service portals, year-end tax reporting, and expert consultations to enhance your payroll efficiency.
Our payroll solutions reduce compliance risks and save you time, allowing you to focus on your core business. By outsourcing to us, you enhance employee satisfaction, making us one of the top payroll outsourcing companies in Malaysia.
Transitioning to HRBS is seamless. We manage data migration and provide dedicated support, ensuring your payroll operations switch smoothly without disruption.
Our experts stay current on payroll regulations, ensuring your practices remain compliant. By choosing our payroll outsourcing services, you minimize risks and maintain peace of mind.
Pricing varies based on your specific needs. We offer tailored packages for businesses of all sizes. Contact us for a personalized quote.
Yes, we offer flexible temporary payroll services to meet your staffing needs, whether for peak seasons or short-term projects.
HRBS is a leading payroll service provider in Malaysia due to our personalized service and expertise in local regulations. We prioritize client satisfaction, ensuring our payroll services add value to your business.