Bahrain regulations on company payroll and employee wages

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Payroll Services In Bahrain

• THE INTERNATIONAL PAYROLL COMPANY

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Why to contact us?

• In meeting the pace of varying compliances,
  evolving markets, and business growth, payroll
  processing can be complicated, especially if you
  consider the legal and financial implications.
• Every business in Bahrain needs to process wages
  of staff members in a timely and accurate manner
  however, its not a simple task to complete. How
  would you factor the reimbursements, leaves, loan
  advances, and other dynamic HR inputs at the same
  time managing various salary structures? Is your
  business capable of complying with statutory
  regulations which is constantly changing while
  managing all those things? More and more
  businesses have found that spending time and
  effort in all that is unreasonable. This is why
  they seek the help of the payroll specialists
  of Payroll Middle East.

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Bahrain regulations on company payroll and
employee wages

• It is mandatory for businesses in Bahrain to
  register to the Wage Protection System and be
  compliant with all regulations set by the Bahrain
  Central Bank and Labor Market Regulatory
  Authority. A business also has to issue payroll
  cards and streamline salary disbursement for
  employees.
• In Bahrain, although there is no personal income
  tax, an employee is responsible for 1 of the
  monthly wage for unemployment insurance. An
  employee is also required to contribute 6 from
  the monthly salary for social security.
• As for the employer, it has to contribute 9 of
  the salary of an employee to social security, as
  well as pay 3 tax for the employees salary.

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Reasons why clients trust us for Bahrain payroll
processing

• Our payroll services in Bahrain can free up a
  considerable amount of resources, bandwidth,
  equipment, and time, and help a business gain
  control on its payroll process. The help of our
  expert team on processing payroll is preferred by
  companies compared to setting up and processing
  payroll in-house.
• At Payroll Middle East, clients can expect the
  following from our payroll and HR solutions
• Accurate, flexible, and timely delivery
• Accurate handling of statutory requirements
• Opportunity for significant reduction on
  operating costs
• Continuity and reliability of service
• Substantial investment isnt required for
  training payroll experts or acquiring IT
  infrastructure for payroll
• Focus on continuous growth and improvement of
  processes
• Improvement in company management productivity

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How Payroll and HR Solutions Work

• Our team of payroll specialists process company
  payroll by gathering the information of employees
  (hire date, pay rate, and job title among
  others), obtaining time card data, making
  calculations on the pay that is due to every
  employee, then paying the exact amount through
  the issuance of a paper cheque or by direct
  deposit.
• If you choose to work with our team, here are
  some of the steps that are followed when
  processing company payroll
• Set up the payroll process with employee and
  company data, including company payroll bank
  account(s) and the banks accounts of employees
  for direct deposit.

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How Payroll and HR Solutions Work

• Obtain time card information (hours worked or
  clock in and out times) each pay period for
  making wages calculations.
• Collect information of new employees and provide
  a new hire reporting.
• Confirm hours worked every pay period if theyre
  paid or unpaid, then calculate gross pay.
• Process necessary deductions (e.g. benefits and
  garnishments for family support) and run the
  payroll.

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Choose the best payroll services in Bahrain

• For all those who are in search for a
  cost-effective, reliable, and flexible payroll
  processing company in Bahrain, dont hesitate to
  reach out to the firms payroll team. Were
  offering a free, no-obligation initial
  consultation. Send us an inquiry or call us
  today!
• WhatsApp Only 971 52 6922588
• WhatsApp Phone [phone]
• Landline 971 4 2500251 (9AM - 7PM GMT4 -
  Monday to Friday)
• For Consultation consultant_at_farahatco.com
• For Sales Enquiries info_at_payrollmiddleeast.com