Do you do or plan to do contracting in Asia? We can offer contracting as well as Employer of Record (EOR) services in Asia for Hong Kong, China, Japan, India, Singapore, and Malaysia.
Hong Kong
Capital: Hong Kong
Spoken Languages: Chinese, English
Currency: Hong Kong Dollar (HKD)
Minimum monthly wage: 6,000 HKD (Gross)
Hong Kong is a popular destination for contractors for numerous reasons including the exciting business environment, high standard of living and relatively low levels of taxation.
To work in Hong Kong, one must either be a Hong Kong national or have a work permit.
In Hong Kong, we offer EOR and contracting services to Hong Kong nationals and other nationals whom we can sponsor for work permits. We employ all contractors on our Hong Kong payroll, where we pay over employer and employee social costs. In Hong Kong, the employee pays the income tax, and we give all help in establishing the correct amounts and time for our employees to pay.
To learn more, follow the link below to our Country Guide on Hong Kong:
LINK: https://accessfinancial.com/country-solutions/hong-kong-country-guide-2022/
China
Capital: Beijing
Spoken Languages: Mandarin (Yue (Cantonese), Xiang (Hunanese) as official minorities)
Currency: Chinese Yuan (CNY) – Renminbi (RMB) (Interchangeable)
Minimum monthly wage: CNY 1,430 – 2,590 (Gross)
Asia is becoming the global headquarters for multinational companies, with a massive number of companies clustered in China. Thus, the Chinese employment market remains active with new job opportunities in a wide range of industries. Sectors like banking, finance, accounting, education, and tourism have a huge demand for foreign talent.
Foreign nationals, who wish to engage in paid activities in China, require a visa/work permit that allows them to work in China.
In China, we can sponsor work permits for foreign nationals. We employ foreigners and Chinese residents on our Chinese payroll, where we withhold tax and social charges and pay them to the authorities. If local contractors qualify, we can engage them as self-employed workers, which can be advantageous.
To learn more, follow the link below to our Country Guide on China:
LINK: https://accessfinancial.com/country-solutions/china-country-guide-2022/
Japan
Capital: Tokyo
Spoken Languages: Japanese (Several different dialects)
Currency: Yen (JPY)
Minimum monthly wage: JPY 148,800 (Gross)
Japan has the world’s third largest economy, and working in one of its growing industry sectors could get your career off to a strong start.
Foreign nationals, who wish to engage in paid activities in Japan, require a visa/work permit. It is not permitted to engage in any paid activities on a tourist visa.
In Japan, our partners can sponsor work permits and employ them on a Japanese payroll.
To learn more, follow the link below to our Country Guide on Japan:
LINK: https://accessfinancial.com/country-solutions/japan-country-guide-2022/
India
Capital: New Delhi
Spoken Languages: Hindi, English
Currency: Indian Rupee (INR)
India has a quickly growing economy, and job opportunities are widespread; the cost of living is also generally much lower than in other parts of the world.
What are the benefits of working in India as a contractor?
- English widely spoken
- Pleasant climate
- Cheap living costs versus other Asian countries
- Rich history and culture
In India, we can sponsor work permits for foreign nationals. We payroll EOR and all-inclusive rate contractors on our Indian payroll, where we withhold tax and social security, which we pay to the tax authorities. Provided contractors are sufficiently independent, we can offer self-employed services to them if this is preferred.
To learn more, follow the link below to our Country Guide on India:
LINK: https://accessfinancial.com/country-solutions/india-country-guide-2022/
Singapore
Capital: Singapore
Spoken Languages: English, Singaporean Mandarin, Malay, Tamil
Currency: Singapore Dollar (SGD)
Singapore is a major international hub for trade & finance, and is a magnet for highly skilled foreign workers who can command globally competitive levels of pay.
The huge diversity of industries in Singapore means opportunities for millions of job candidates across a wide variety of sectors — and levels of seniority.
We provide a full set of services in Singapore allowing corporate clients, recruitment agencies and professional contractors to operate in an optimal manner while ensuring that all local employment obligations are taken care of.
We offer Singaporean employment for locals either who are contracting or where we act as an Employer of Record to our clients.
To learn more, follow the link below to our Country Guide on Singapore:
LINK: https://accessfinancial.com/country-solutions/singapore-country-guide-2022/
Malaysia
Capital: Kuala Lumpur
Spoken Languages: Malay, English
Currency: Malaysian Ringgit (MYR)
Minimum monthly wage: MYR 1,200 (Gross)
Malaysia has the fourth-largest economy in Southeast Asia, along with the cultural diversity and natural beauty that may attract international contractors.
All foreign contractors will need a work visa in Malaysia, and the visa must be sponsored by a Malaysian entity.
In Malaysia, we can also sponsor work permits. We can employ foreigners and local nationals on our Malaysian payroll either as an Employer of Record or for those contracting on an all-inclusive rate.
To learn more, follow the link below to our Country Guide on Malaysia:
LINK: https://accessfinancial.com/country-solutions/malaysia-country-guide-2022/
Feel free to contact us at [email protected] or by tel: +91 (0120) 682 9432, and we would be delighted to tell you more about how we can help you and your business in Asia.