Hong Kong is a special administrative territory of the People’s Republic of China. With its investment-friendly climate and strong regional and global trade links, Hong Kong becomes one of the world’s most prominent financial hubs and trading entities. Key industries dominating the economy in Hong Kong include financial services, professional and producer services, logistics, tourism, communications, creative industries, educational and medical services.
Employers need to follow the strict employment guidelines set forth by the local authorities before they could employ in Hong Kong. This process can be time-consuming as the company first needs a legal entity in the country and it needs to manage payroll, tax, benefits and compliance.
Global payroll solutions make it easy to find and hire top talent in Hong Kong. With one seamless integration and local legal entity, we take care of the compliance matters so that you can start your globelizing plan immediately.
Hong Kong worker classification labour and tax laws distinguish between contractors and full timers. If the individual meets the legal definition of an employee but is classified as a contractor, your company will face penalties.
The primary law governing employment relationships is the Employment Ordinance (Cap. 57) which establishes a set of minimum rights for employees who fall under its purview. These minimum rights prevail regardless of any choice of law provisions in the employment contract.
Globelise will be able to help you navigate through the employment process and so that you’ll be able to offer a competitive and compliance offer to attract and retain your employees in Hong Kong AR.
The Hong Kong Federation of Trade Unions (HKFTU) forms the majority of the labour union in Hong Kong. They work with the local authorities to tackle issues such as promotion of fair and progressive employment practices, flexible wage system, among other labour-related issues. Employees may seek their union for help when they feel that they are unfairly treated or have been non-compliant with their employment terms.
Probation period ranges between 1 to 3 months depending on the employment contract.
Company or Individuals who are looking to hire talents and run payroll globally
Talents who wants to work compliantly from anywhere