HR and payroll management in Mongolia
Employee administration and payroll require strict adherence to procedures. Mongolia has strict requirements for deadlines, rates, and reporting formats. Errors or delays result in serious fines.
This is where HR and payroll management Mongolia within the framework of EOR services comes to the rescue. Combining EOR services with payroll outsourcing ensures complete process control and reduces the administrative burden on the business. This approach allows you to centrally manage all tasks:
- HR record keeping;
- Leave, sick leave, and bonus management;
- Payroll calculation and payment;
By working with the employee of record Mongolia, your company is relieved of all operational tasks and receives accurate, timely HR management solutions.
Payroll processing and tax management
One of the main areas of EOR services is payroll outsourcing. Correct payroll calculation in Mongolia includes:
- Accounting for basic and variable payments.
- Calculation of income tax and social security contributions.
- Compliance with requirements of payroll outsourcing Mongolia.
- Process automation and error minimization.
At the same time, remote employee receive stable payments, and the company gains legal protection and transparency of processes.
Payroll outsourcing is especially relevant for those who are scaling their business in the region: instead of creating an accounting department, you can use the services of experts with ready-made solutions.