Professional Temporary Employment Outsourcing buh2ww -

Professional Temporary Employment Outsourcing buh2ww

Please click the city listed below:

or
contact by phone in working hours of Singapore time zone:
Singapore CPA Lau Wei-Koon, speak in both English and Chinese
Mobile: +65-9838-0801 office:+65-6225-5585
215 Henderson Road #03-03 Henderson Industrial Park Singapore 159554
**

**A professional employer organization (PEO) is a firm that provides a service under which an employer can outsource employee management tasks, such as employee benefits, payroll and workers’ compensation, recruiting, risk/safety management, and training and development. The PEO does this by hiring a client company’s employees, thus becoming their employer of record for tax purposes and insurance purposes. This practice is known as co-employment.

In co-employment, the PEO becomes the employer of record for tax purposes, filing paperwork under its own tax identification numbers. The client company continues to direct the employees’ day-to-day activities. PEOs charge a service fee for taking over the human resources and payroll functions of the client company: typically, this is from 3 to 15% of total gross payroll.^[4] This fee is in addition to the normal employee overhead costs, such as the employer’s share of FICA, Medicare, and unemployment insurance withholding.

One service provided by a PEO is to secure workers’ compensation insurance coverage at a lower cost than client companies can obtain on an individual basis. Essentially, a PEO obtains workers’ compensation coverage for its clients by negotiating insurance coverage that covers not just the PEO, but also the client companies. This is allowed because, legally, the PEO is the employer of the workers at the client companies. PEOs can also offer basic levels of background & drug screening.

Using a PEO could potentially save the time and staff that would be used to prepare payroll and administer benefits plans, and may reduce legal liabilities or obligations to employees that it would otherwise have^[5]. The client company may also be able to offer a better overall package of benefits and thus attract more skilled employees. The PEO model is therefore attractive to small and mid-sized businesses and associations, and PEO marketing is typically directed toward this segment.^[4]

PEOs can benefit companies differently. For example, a blue collar organization may see more value in workers’ compensation insurance and vice versa. A variation of a PEO model without co-employment is an administrative services organization.

Employment Outsourced Services

If your company doesn’t want to set up a WFOE (Wholly Foreign Owned Entity), but you will recruit employees temporarily or by project base, we suggest you adopt our Temporary Employment Outsourcing. It means Evershine will recruit your expatriate or local staff on behalf of your company. And then we will take care of all kinds of relevant local services including payroll compliance and expenditure process.

Service Coverage:
*Work Permit Application recruited by Evershine
*ARC (Aliens Resident Certificate) Application
*Arranging Pick-up in International Airport
*Arranging hotel or renting a residence
*Arranging Trading center or Office renting
*Arranging opening bank account
*Arranging Cell Phone or Car renting
*Payroll Compliance
*Arranging Employees’ expenditure
*Annual Personal Income Tax when an expatriate stays in Taiwan for over 183 Days in a year.
*Other local services

*If you want to use your own WFOE to execute payroll compliance, we will help you form it.

Service processes:

*Evershine will sign Labor Contract with your expatriates or local staff based on the term of your Employment Contract. At that same time, Evershine will sign Service Subcontract Agreement with your company.
*Evershine will apply work permit and ARC for your expatriates.
* Evershine will provide all relevant local services like airport pick-up, office arrangement, cell phone application, residence arrangement, bank account opening and medical insurance etc.
*Evershine will take care of payroll calculation and expenditure payment requests of these expatriates and local staff. Then let you approve each payment and monthly payment sheet.
*Evershine will ask your company to pay us a three-month salary as a deposit fund before we pay salary and expenses to your expatriates and your local staff.
*Evershine will take care of the wiring process for your Expatriates and Taiwan local staff.
*Evershine will take care of payroll compliance in Taiwan.

Advantages and disadvantages:

* Advantages: Adopting Evershine Temporary Employment Outsourcing, you need not maintain a legal entity. You can quickly assign a person. Of course, you can withdraw from your activities very easily.
*Disadvantages: Adopting Evershine Temporary Employment Outsourcing, when you pay us Expatriate cost including salary and its expenditures, it needs to add up Value Added Tax according to tax regulations. That will increase your cost plus VAT rate when compared with executing payroll compliance by your own WFOE.
*The conclusion is: When your employment is few people and short-term, you can adopt our Temporary Employment Outsourcing. And when your operation becomes stable and long-term, you need to set up your own WFOE. Remember we can provide payroll compliance services to you in both scenarios.

Contact Us:

Send an email to alisonchen@evershinecpa.com
or
contact by phone in working hours of Singapore time zone:
Singapore CPA Lau Wei-Koon, speak in both English and Chinese
Mobile: +65-9838-0801 office:+65-6225-5585
215 Henderson Road #03-03 Henderson Industrial Park Singapore 159554
**

Headquarter Evershine BPO Service Corp.
6th Floor ,378, Chang Chung Rd, Taipei City, R.O.C.
Mr. Jerry Chu, well English speaker, Graduated from USA Graduate School
E-mail: payroll.taiwan@evershinecpa.com
TEL: +886-2-27170515 #103
Mobile Phone +886-939-357-735

Additional Information

Taipei Evershine CPAs Firm

6th Floor, 378 Chang Chun Rd.,Zhongshan Dist., Taipei City, Taiwan R.O.C.
Near MRT Nanjing Fuxing Station
Principal Partner :
Dale C.C. Chen
CPA in Taiwan+China+UK/ MBA+DBA/ Patent Attorney in Taiwan
Mobile: +86-139-1048-6278 in China ;
Mobile:+886-933920199 in Taipei
Wechat ID: evershiinecpa ;
Line ID:evershinecpa
skype:daleccchen ;
Linking Address:

Evershine Global Service Sites for Reference:

Evershine has 100% affiliates in the following cities:
Headquarter, Taipei, Xiamen, Beijing, Shanghai,
New York, San Francisco, Houston, Phoenix,
Tokyo, Seoul, Hanoi, Ho Chi Minh, Bangkok,
Singapore, Kuala Lumpur, Manila, Dubai,
New Delhi, Mumbai, Dhaka, Jakarta,
Frankfurt, Paris, London, Amsterdam,
Milan, Barcelona, Bucharest,
Melbourne, Sydney, Toronto

Other cities with existent clients:
Miami, Atlanta, Oklahoma, Michigan, Seattle, Delaware;
Berlin, Stuttgart; Prague; Czech Republic; Bangalore; Surabaya;
Kaohsiung, Hong Kong, Shenzhen, Donguan, Guangzhou, Qingyuan, Yongkang, Hangzhou, Suzhou, Kunshan, Nanjing, Chongqing, Xuchang, Qingdao, Tianjin.

Evershine Potential Serviceable City (2 months preparatory period):
Evershine CPAs Firm is an IAPA member firm headquartered in London, with 300 member offices worldwide and approximately 10,000 employees.
Evershine CPAs Firm is a LEA member headquartered in Chicago, USA, it has 600 member offices worldwide and employs approximately 28,000 people.
Besides, Evershine is Taiwan local Partner of ADP Streamline ®.
(version: 2022/03)
Please contact us through HQ4buh@evershinecpa.com

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