Reliable  payroll outsourcing Services  in Malaysia

Looking for reliable payroll outsourcing services in Malaysia? Our expert team offers comprehensive payroll processing solutions, ensuring your business remains fully compliant with local tax laws and labor regulations. We handle everything from accurate salary payments to tax deductions and employee benefits, reducing administrative workload and enhancing efficiency.

We provide payroll outsourcing for businesses of all sizes, guaranteeing smooth and on-time salary disbursements with full compliance to the latest regulations. Trust us to manage your payroll accurately, ensuring error-free payroll processing that supports your operations and improves employee satisfaction.

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Malaysia

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

Streamline your payroll with our trusted payroll outsourcing services in Malaysia. Focus on your business while we expertly handle your payroll processing.

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

Stay compliant and stress-free with our comprehensive tax management solutions. We manage all aspects of payroll administration, ensuring your business adheres to Malaysian tax regulations. Let our payroll services reduce your risk of penalties while you focus on growth.

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

Ensure your business meets all legal obligations with our dedicated payroll compliance services. We keep you informed of regulatory changes and assist in implementing necessary adjustments, allowing you to operate confidently and with peace of mind.

Reporting

Eliminate the stress of year-end tasks with our efficient year-end reporting services. We prepare accurate tax reports and manage all filing requirements, letting you focus on strategic planning for the upcoming year.

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

At HRBS, our payroll process in Malaysia ensures timely and accurate salary calculations, tax compliance, and employee benefit deductions. We streamline payroll operations, ensuring on-time payments, error-free tax filings, and full compliance with Malaysian labor laws.
Currency: The official currency of Malaysia is the Malaysian Ringgit (MYR). Salaries must be paid in MYR, which ensures adherence to local financial rules and helps businesses maintain transparency in payroll transactions.
Accurate Data Collection and Verification We collect and verify all employee data, including working hours, overtime, bonuses, and deductions, to ensure compliance with Malaysian payroll laws. This meticulous process lays the foundation for flawless payroll processing.
Minimum Wage: Malaysia has a national minimum wage law that sets a mandatory minimum wage for employees. The current minimum wage, as of 2024, is MYR 1,500 per month for workers in Peninsular Malaysia and MYR 1,200 in East Malaysia. Employers must ensure that employees receive at least the minimum wage, and any remuneration beyond this threshold should be based on 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 that your business remains fully compliant with Malaysia’s tax laws, helping you avoid penalties and ensuring timely tax filings.
Payroll Cycle and Bonuses: In Malaysia, the payroll cycle is typically monthly, with salaries being paid at the end of each month, or as stipulated in the employment contract. While Malaysia does not have a statutory 13th-month bonus, many employers choose to offer an annual bonus, performance-based incentives, or other benefits depending on their company policies and industry practices.
Timely Payroll Distribution and Reporting: After processing the payroll, we ensure that all employees are paid on time. We provide detailed payroll reports outlining deductions, contributions, and net pay, ensuring transparency and accurate financial records for your business in Malaysia.

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 our  Payroll Outsourcing  Services in Malaysia?

Outsourcing your payroll to HRBS in Malaysia isn’t just about saving time; it’s about optimizing your entire payroll process. Say goodbye to the overhead of hiring additional payroll staff and let us manage everything from payroll processing and tax compliance to year-end reporting. Our fully customized payroll solutions are designed to meet the unique needs of your business, ensuring a smooth, error-free payroll experience that boosts efficiency and reduces costs.

With HRBS, you can count on us for accurate, on-time payroll processing, ensuring your employees are paid correctly and promptly. We keep you compliant with all relevant tax regulations and provide payroll reporting and analytics to give you insights into your payroll expenses. Get in touch today and see how we can simplify your payroll operations. Contact us now to start secure, efficient payroll services for your business.

Connect with Our
 Payroll experts 

Looking for expert payroll outsourcing in Malaysia? Contact us today to manage your payroll, ensure tax compliance, and streamline your HR processes.

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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, recognized for our personalized approach and expertise in navigating local regulations. Along with our payroll outsourcing services, we also offer Employer of Record (EOR) solutions, taking on the responsibility of managing employment compliance and HR functions. Our commitment to client satisfaction ensures that our services not only simplify your payroll process but also add long-term value to your business.

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