Outsourced Payroll | Ascentium Philippines

Bureau of Internal Revenue (BIR)

The BIR is responsible for tax collection and administration in the Philippines. Employers must withhold and remit income taxes from employees’ salaries to ensure compliance with tax laws.

Social Security System (SSS)

The SSS provides social insurance to private-sector employees, offering benefits such as retirement, disability, maternity, sickness, and death benefits. Employers are required to contribute a portion of their employees’ monthly salaries to the SSS.

Philippine Health Insurance Corporation (PhilHealth)

PhilHealth administers the national health insurance program, ensuring access to affordable healthcare services for employees. Employers must remit monthly contributions to support their employees’ health coverage.

Home Development Mutual Fund (Pag-IBIG)

Pag-IBIG is a government agency that provides housing loans and savings programs for Filipino workers. Employers are mandated to contribute to this fund, enabling employees to access affordable housing and financial assistance.

Payroll Process

Managing payroll requires precision, compliance, and attention to detail. To ensure accuracy and efficiency, our payroll process is designed to follow four key steps. Each step is meticulously executed to meet your business needs while adhering to the latest government regulations.

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Gather and Collate

The first step involves collecting essential employee data, such as timesheets, employee databases, and other payroll instructions. This ensures we acquire accurate gross salary information for every employee.

Analyze and Process

Once the necessary documents are collated, we analyse and process them based on your specific requirements. This includes conducting computations for withholding taxes, gross salaries, and statutory deductions, all in compliance with the latest government regulations.

Review and Finalise

Before delivering payroll reports to our clients, we conduct a rigorous 3-tier internal review process. As part of the finalisation, we prepare bank files for salary disbursement and ensure individual payslips are ready for distribution.

Report and Fulfil

We take care of your monthly and annual reporting obligations to the appropriate government offices. This includes ensuring timely payments, compliance with policies, and submission of all required reports on your behalf.

With years of experience in payroll services, Ascentium Philippines has built a reputation for excellence. Our expertise, combined with our commitment to delivering high-quality outputs, makes us the ideal partner for your payroll needs.

Whether you are a small business or a large enterprise, we provide customised payroll solutions that align with your specific requirements. Our flexible approach ensures that your payroll processes are optimised for your business goals.

Managing the complexities of Philippine labour laws and government regulations can be challenging. Our team of experts ensures full compliance with statutory requirements, including tax computations, mandatory contributions, and reporting obligations, so you can avoid penalties and focus on your business.

Payroll Managed By Experts

Our payroll services in the Philippines are managed by experienced payroll professionals with in-depth knowledge of local labour laws, tax regulations, and government-mandated compliance requirements.

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Incorporation

Comprehensive structuring and seamless registration of your business.

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Corporate Secretarial Services

Ongoing statutory compliance, SEC filings and corporate housekeeping.

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Tax Compliance

BIR filings, income tax compliance, and regulatory reporting.

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Outsourced Bookkeeping

Bookkeeping, financial reporting, and accounting support.

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Immigration Services

Work visa applications and immigration compliance support.

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Tax Incentives

PEZA, BOI, and CREATE Act incentive applications and compliance.

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It’s delegating payroll tasks like salary computation, tax deductions, and compliance reporting to a third-party provider for accuracy and efficiency.

Mandatory contributions include BIR, SSS, PhilHealth, and Pag-IBIG.

Providers stay updated on labour laws and handle accurate computations, remittances, and reporting.

Employee data, timesheets, salary details, and tax IDs are required for accurate processing.

Costs depend on workforce size and payroll complexity but are often cost-effective.

Outsourcing saves time, ensures compliance, reduces errors, and lets you focus on core business activities.

Ascentium Philippines combines deep expertise in Philippine payroll laws with advanced technology to streamline your payroll processes. A dedicated payroll specialist works closely with you to ensure accurate salary computations, compliance with tax regulations, and proper handling of mandatory contributions.

We guarantee full adherence to local labour laws and government requirements while providing tailored solutions that align with your business needs. From precise computations to timely reporting, we deliver payroll services that are accurate, compliant, and reliable.

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Outsourced Payroll Services in the Philippines