PKF-IFS Mongolia

Payroll Outsourcing

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Payroll Outsourcing

Payroll processing is a daunting task that demands significant time and effort for precision and meeting deadline. In addition to calculating the salaries accurately, deductions, tax deposits and returns need to be filed precisely and on time. Stiff penalties are probable if payroll calculations are delayed or are erroneous.

It is estimated that one out of every three employers has been found guilty of making errors in computing payroll figures and consequently charged with penalties that amount to millions.
You can eliminate these risks simply by outsourcing payroll processing to PKF-IFS. Our customized payroll processing solutions will free up ample time for you to focus on your core business.

PKF-IFS payroll outsourcing helps you tackle two major burdens:

  • time spent processing the payroll
  • liabilities associated with payroll

We offer complete payroll service including calculation of wages and salary, withholding of taxes, the distribution of social security deduction to the proper government agencies, and the direct deposit of net pay into the bank accounts of employees. In order to ensure we provide high quality payroll service, we use a payroll system called “Green ERP”, the one of the best softwares in Mongolia which integrated all legal obligations as well as the different types of requirements by local and international companies.

PKF-IFS Mongolia LLC member of PKF International

PKF-IFS Mongolia LLC is a member firm of the PKF International Limited family of legally independent firms and does not accept any responsibility or liability for the actions or inactions of any individual member or correspondent firm or firms.

"PKF" and the PKF logo are registered trademarks used by PKF International and member firms of the PKF International Network. They may not be used by anyone other than a duly licensed member firm of the Network.