Hire an employee in Hong Kong
Hong Kong company as employer
The Employment Ordinance provides that an employee who is continuously employed by the same employer for 4 weeks or more, for at least 18 hours per week, is considered to be employed under a “continuous contract”.
If the employee meets the requirements of the Ordinance, they may be entitled to statutory holidays, annual leave, sickness allowance, and other benefits provided for by the regulations.
Employment contract resources
Concise guide to the Employment Ordinance
Official guide from the Hong Kong Labour Department.
Employment contract template
Sample employment contract published by the Labour Department.
Salary costs and other expenses in Hong Kong
Office costs
The cost depends on the size, location, number of offices, co-working spaces, and number of reserved workstations.
Equipped offices
For a prime location, the estimated monthly cost for flexible serviced offices is approximately HKD 10,000 to 15,000 per month.
Salaries
For accounting or administrative staff, depending on qualifications and experience, costs are estimated at HKD 20,000 to 30,000 per month.
Insurance and provident funds
The employer must cover the employee’s insurance and pay a mandatory monthly contribution to the provident fund: 5% of the salary, capped at HKD 1,500 per month.
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Compensation insurance
Purchase of employees’ compensation insurance: service fee of HKD 2,000 + insurance premium.
Provident account
Opening the company’s mandatory provident fund account and enrolling the employee: service fee of 2,500 HKD.
Monthly payroll management
Issuance of payslips and contributions to the provident fund: HKD 3,000 per month for 5 employees.
Employer’s statement
Service fees starting at 750 HKD + 500 HKD per employee to be declared each year.