Custodial Services
Clients taking advantage of our custodial services will be guaranteed timely disbursement of salary payments to employees' bank account. In addition, i-Admin will ensure compliance with statutory requirements according to local regulations.
i-Admin provides monthly statements to our clients detailing the month's salary and / or statutory payments. The total net amount or an Agreed Base Amount (ABA) should be transferred to i-Admin's bank account for salary payments during payroll.
This service is most suitable for organizations starting up a new entity in the region or those without the facilities to handle salary disbursement. As setting up a local company or bank account can be excessively time consuming and overly complicated, clients would prefer to streamline their payroll functions and outsource to one vendor: i-Admin.
Currently our Custodial Services are available in Hong Kong, Malaysia, Singapore, Taiwan and Thailand.
Advantages at a glance:
 Ensure accurate payment to employees
Avoid sifting through complex regulations to fulfill statutory compliance
Streamline payment process to employees and any other payroll related parties
Relieve statutory compliance headaches with i-Admin's Lodgment Services.
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