Outsourcing HR Services

Through outsourcing HR services, we offer the following support related to payroll calculations, including monthly salary and bonus calculations and year-end tax adjustment, and services related to social insurance.

Please be informed that we provide services through BDO Social Insurance & Labor Consulting Co. when the service requires a Labor and Social Security Attorney's license stipulated under the Act on Public Consultants on Social and Labour Insurance, in order to comply with laws and regulations.

Payroll calculation

Monthly salary and bonus calculations, including issuance of salary and bonus pay slips
Retirement and severance payment calculation
Bank transfer of salary, bonus, retirement and severance payment on behalf of the company
Year-end tax adjustment
Resident/Local tax notifications (payroll report / changes)
National and local withholding tax payment on behalf of the company
Benefits in kind (legal rent / economic benefit)
Expatriate payroll

Social and labor insurance

Procedures for joiners and leavers (labor accident, employment, health, and welfare pension)
Continuation of labor insurance (collective), fixed project application and notification
Special application for Labor Accident Compensation Insurance (Type 1 / Type 3)
Application for Health Insurance Association
Annual update labor insurance (including special subscribers)
Notification of base amount for calculation of social insurance (including notification of monthly changes)
Application for social and labor insurance benefits (injury allowance, childbirth allowance, leave compensation benefit etc.)
Application and notification related to social security agreements (in each country)
Participation in examination by Labor Standards Inspection Office
Participation in social insurance audit