Procloz
Get Started

In-country Expertise

Local Payroll Expertise to Support Your Singapore Operations

Procloz eases payroll management, from CPF contributions to tax compliance, helping your business succeed in Singapore.

Experience the Benefits of Hassle-Free Australian Payroll

Singapore’s Dynamic Payroll Landscape

Payroll management in Singapore is continuously evolving, driven by a growing workforce and ongoing regulatory updates that impact payroll and compliance requirements.

Rising Employment Trends

  • Total employment in Singapore surged in Q2 2024, doubling the growth rate of the previous quarter.
  • Total employment expanded by a substantial 11,300 jobs, compared to 4,700 in the first quarter.

CPF Contributions

  • The 2024 CPF update increased contribution rates for employees aged 55-70, adding to payroll expenses for businesses. 
  • The CPF contribution rate for employees aged 55-70 increased by 0.5% to 1 % from January 2024 and will gradually increase until 2030.

Auto-Inclusion Scheme (AIS)

  • AIS requires businesses to report income directly to IRAS, streamlining reporting while demanding ongoing system upgrades to remain compliant. 
  • AIS has been in place since 2019, and IRAS has consistently introduced updates and clarifications to the scheme.

Why Choose Procloz for Payroll Outsourcing in Singapore?

From Flexible Pay Cycles to Precise Tax Calculations, We’ve Got You Covered.

Efficient Payroll Processing

Flexible Pay Cycles

Opt for pay cycles that suit your operational needs—
weekly, bi-weekly or monthly processing —aligned with Singapore’s Employment Act to ensure smooth and compliant payroll processing.

IRAS Reporting & Year-End Filings

Our team manages year end reporting for your employees ensuring compliance with the Inland Revenue Authority of Singapore (IRAS) standards. 

Integrated Timesheet Processing

If you use a timesheet system, we can seamlessly integrate it into our payroll process to ensure accurate wage calculations in line with Singapore’s regulations. 

Comprehensive Leave Management

We track and handle various leave entitlements, including annual leave, medical, childcare, and maternity/paternity leave, ensuring adherence to the Singapore Employment Act. 

Tax & Compliance Solutions

Income Tax Compliance (IRAS)

We efficiently manage income tax withholding(subject to law) and ensure timely payments to the Inland Revenue Authority of Singapore (IRAS), meeting all statutory obligations. 

Central Provident Fund (CPF) Contributions

We calculate and manage CPF contributions, ensuring compliance with Singapore’s regulations for employee and employer contributions. 

Worker Levies Administration

Procloz supports you in meeting levy requirements, including Skills Development and Foreign Worker Levies, to ensure full compliance with Singapore’s regulations. 

Work Injury Compensation

We ensure adherence to the Work Injury Compensation Act (WICA), safeguarding employee entitlements for workplace-related injuries. 

Employment Act Updates

Stay aligned with Singapore’s Employment Act as we implement the latest legislative updates for accurate payroll and compliance. 

Assured Compliance and Data Security

Ensuring your payroll remains compliant and your data secure every step of the way.

Payroll Tax Compliance Updates

Stay informed with the latest payroll tax compliance updates to ensure consistent, lawful payroll processes.

Data Security and Privacy

We prioritize the security of your data with robust protocols, ensuring your payroll information is managed in a secure and compliant manner. 

Get in touch

Reduce your payroll & compliance worries

Fill out the form & our payroll specialist will get in touch to discuss your specific needs.