We use professional computerized payroll software for recording and keeping proper payroll records and extracting various payroll reports. Keys payroll services in Egypt include:
- Assist in registration and de-registration of employees with the social insurance authorities. We complete application forms and provide information on the documents required for registering and de-registering as well
as liaising with the social insurance authorities.
- Proper payroll records maintenance – we maintain proper payroll records in accordance with the legislation applied in Egypt.
- Monthly or weekly payroll calculations – we provide our clients with calculation of gross to net salaries, social insurance and tax deductions, overtime, pension, allowances, benefits etc.
- Tax guidance on whether allowances and benefits provided to employees are taxable or non-taxable.
- Payslips are electronically or manually provided to employees/clients.
- Legal reports/reconciliations - Assist in completing various quarterly and annually required reports/reconciliations for our clients that need to be submitted with the relevant authorities (tax reconciliations, tax quarterly reports, social insurance declarations and labour office requirements).
- Payment of social insurance and related costs to local authorities. We can assist or make the payments on behalf of our clients to the authorities monthly, ensuring deadlines are met. A Professional Employment Organisation (PEO) service provides solutions to help businesses manage their HR responsibilities. Keys Payroll LLC relieves its clients of time consuming HR tasks, and helps its clients focus on their core business activities. PEO services in Egypt:
- Hires staff on behalf of clients under Keys Payroll LLC’s local entity in Egypt, prepares the employment contracts which is in adherence to labor law rules in Egypt, conducts all post-hire activity, including necessary paperwork
- Customizes employment contracts to client requirements
- Registers staff at social insurance authorities, gets their documentation processed
- Calculates employee taxes and social insurance and monthly gross to net salaries
- Pays their monthly dues to both social insurance and tax authorities
- Keeps track of their annual leave balances
- Can provide private medical insurance upon clients’ requests
- Guides its clients regarding labor law and government’s rules and regulations by which we all must abide
- Guides and relieves client of termination procedures when required.
