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In this issue: Key Considerations When Choosing a Payroll Outsourcing Model Calculating Individual Income Tax & Social Insurance The Accelerating Trend Towards Outsourcing Payroll Processing in Asia Collecting tax revenue and administering social insurance are two of the most fundamental roles of government. When establishing or operating a business in Asia, companies must take special care to comply with regulations concerning taxes deducted at the source of employee payroll (withholding tax) and mandatory contributions to social insurance programs. As you might expect in a region comprising so much diversity and complexity, the systems utilized by governments in places like China and Vietnam (countries with large populations and with a communist background) are substantially different than those in places like Hong Kong and Singapore - small jurisdictions with a distinctly capitalist outlook. India, a populous emerging nation with a democratic system of government, provides an interesting contrast in terms of how it taxes and supports its citizens - See more at: http://www.asiabriefing.com/store/book/payroll-processing-across-asia-445#sthash.KUwIAbGq.dpuf

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