Accounting & Outsourcing Services

At Mazars, we are more than just data processing specialists. We do not only draw up your management accounts regularly but also look after your financial information needs and your financial reporting obligations. With these well taken care of, you can concentrate your time and energy on core business activities which matter most.

Employer’s obligations in Hong Kong are not overly complex but with regular changes in law and regulations, compliance can be a challenging task for many entrepreneurs whose natural talents are business development and wealth generation. Management of confidential human resources information can be a delicate matter and requires the service of trusted personnel. Human resources management team at Mazars is there to put your mind at ease by manage your obligations as an employer and other human resources matters.

Geographical coverage of business operations can now be extended more easily than before with the advance of technology and globalization. Growth always means venturing into new countries where business opportunities are on the rise. We are experienced in looking after the service needs of cross border clients and we routinely coordinate large assignments on a regional or global level. With dedicated professionals of Mazars offices in 91 countries, we have a wealth of experience and local knowledge which enable us to offer solutions tailored to your specific requirements.

Services offered:

  • Accounting and financial reporting
  • Payroll and human resources management
  • Assistance in bank account management
  • Orders and invoices processing
  • Interim accounting personnel support
  • System migration support
  • Post-merger integration support

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COVID-19 – Hong Kong Employment Support Scheme: Application Method and Penalty Mechanism

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The Government had further announced the details on the application method and penalty mechanism for Employment Support Scheme (“ESS”) which will open for online application on 25 May 2020.

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COVID-19 – Application Details for Hong Kong Employment Support Scheme

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Following our previous newsletter, application details to the Employment Support Scheme (“ESS”) were announced by Mrs Carrie Lam, Chief Executive of Hong Kong on 12 May 2020. Application period for the First Tranche of subsidy (covering June to August 2020) will last three weeks starting from 25 May 2020. The Government expects to release subsidies to employers before the end of June.

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COVID-19 – Hong Kong Employment Support Scheme

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To combat the impacts of COVID-19 in Hong Kong, the Government has announced a second round of Anti-epidemic Fund for HK$137.5 billion on 8 April 2020 which was approved by LegCo on 18 April 2020. It is a further response to the HK$120 billion relief package in the 2020-21 Budget announced on 26 February 2020 and the HK$30 billion Anti-epidemic Fund approved by LegCo on 21 February 2020. A new Employment Support Scheme (“ESS”) of HK$81 billion was introduced to help business and retain workers in employment.

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Global Payroll Services

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Managing global payroll across multiple countries can be challenging for many businesses. You may face different payment dates and deadlines, local rules and regulations, types of deductions, frequency of payments and a variety of reporting requirements. It can also be problematic and inefficient to use multiple local providers and hiring specialists in countries to service only a few employees.

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