Accounting & Payroll Services

Whether setting up your own venture, or establishing the Hong Kong office for an international business, Marbury can provide an accounting and payroll solution fully tailored to your situation.

Working as a seamless extension of your finance and legal departments, Marbury will ease the process of incentivising, paying and managing your international staff, either as a one-off project management or a fully integrated accounting and payroll outsourcing function.

Accounting
  • Implementation of accounting system
  • Provision of regular bookkeeping service
  • Cash management
  • Payroll administration
  • Preparation of statutory accounts
  • Preparation of Statement of Financial Position, Statement of Comprehensive Income, Statement of Cash Flows and Statement of Changes in Equity
  • Audit management including the filing of accounts with local authorities (eg IRD)
Monthly services include:
  • Data entry (taking into account deferred income principles for subscription-based revenues)
  • Preparation of draft accounts
  • Bank reconciliation
  • Financial reports
    • profit and loss statement
    • Statement of Financial Position
    • cash flow statement
    • aged accounts receivable
    • aged accounts payable
    • budget review analysis
    • service line / customer profitability analysis
  • Preparation and compilation of one-page dashboard of financial metrics
Annual services include:
  • Annual financial reports (audit-ready)
  • Customer ledger including profile analysis (sales, accounts receivable, debtor days, etc)
  • Liaison with auditors for the production of annual audited financial statements
  • Liaison with auditors and IRD for preparation of profits tax return
  • Liaison with the client on reports for AGM
  • Assistance with annual budgeting and capital investment process

Marbury has partnered with cloud-based accounting software system, Xero, so that you can access your accounts from wherever you have an internet connection – as well as allow you to automate many of the essential, but time-consuming, accounting tasks.

Our Xero-certified professionals can set-up and train you and your staff. Click here for more details.

Payroll & MPF

We provide outsourced payroll processing services for employees in Hong Kong.

Payroll outsourcing

  • Payroll calculation
  • Commission, overtime, allowance, bonus and final payment calculation
  • Mandatory Provident Fund (MPF) set-up and monthly contribution processing
  • Fund transfer to employee bank account and MPF trustees

Payroll reporting

  • Payslip delivery to employees
  • Provision of Mandatory Provident Fund (MPF) remittance statement
  • Statutory reporting, including filing of Employers HK Tax Returns BIR56A and IR56B
  • Payroll report and analysis for clients
HR, Visa applications & Employee benefits
  • Arranging medical insurance and employee compensation insurance (ECI)
  • Annual leave calculations and tracking
  • Employment contracts
  • Employment visa applications
  • Employee benefit facilitation and administration
  • Process finalising and reporting