EOR Services in HK: How They Work and Cost

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What are EOR services in HK?

EOR services are a service in which a provider legally employs your staff while you direct their work. The EOR signs the employment contract, runs payroll, pays statutory contributions and keeps the employee records.

You still choose the person, set the tasks and manage performance. The EOR does not recruit for you, and it is not a staffing agency.

How does an EOR work in HK?

An EOR works by taking over the legal side of employment while you keep control of the work. The diagram shows how the 2 sides split.

The usual sequence has 5 steps.

• Choose the country and role. Agree the job title, salary and start date.
• Sign with the provider. The EOR issues a local employment contract.
• Onboard the employee. Collect documents and enrol them in local schemes.
• Run payroll each month. The EOR pays salary and statutory contributions.
• Manage the exit. The EOR calculates final pay and any termination payments.

Our guide to hiring overseas employees covers the wider options before you pick an EOR.

When does a business need an EOR?

A business needs an EOR when it wants to employ someone in a place where it has no legal entity. The table shows the 3 common situations.

EOR or entity: which route fits?

The right route depends on how long you plan to hire, how many people you need and how much control you want. The table compares the 4 routes by who the legal employer is.

Contractors need care, because a person who works like an employee may be treated as one. Our guide to payroll methods explains how payroll outsourcing differs from an EOR.

Which are the top EOR providers?

These 5 providers publish EOR coverage or pricing details, and we list ours first. The table shows what each states, and prices are starting points that change by country and contract.

For Hong Kong, Deel states that it manages MPF contributions.⁸ Oyster states that it handles MPF enrolment and remittance and the IR56B, IR56E and IR56F filings.⁶

Ask every provider what the monthly fee covers, because Atlas says its fee is separate from salary, benefits, taxes and permit costs.⁷

What does an EOR cost in HK?

An EOR charges a monthly fee per employee, and you also bear the salary and employer costs. Our EOR starts from USD 399 per employee per month.

Employer costs vary by country, so the example below uses an assumption. This illustrative example uses a Hong Kong design studio hiring 1 developer abroad. All figures are invented.

Add 1 more line for currency conversion when you pay in a local currency. Our guide to foreign exchange risk explains how to control it.

Which HK rules does an EOR handle?

An EOR that employs staff in Hong Kong takes on the employer duties set by the MPFA, the Labour Department and the IRD. The table lists the main ones.

Our guides to the MPF and payroll processing cover the detail.

Exits cost more since 1 May 2025, when employers lost the right to use mandatory MPF accrued benefits to offset severance or long service payments for later service.¹⁰ Our guide to severance pay explains the calculation.

What are the risks of using an EOR?

The main risks are weak contract terms, unclear exit costs and treating the EOR as a shield. Check these 5 points before you sign.

• Exit costs. Ask who pays termination and notice costs.
• Fee scope. Confirm what the monthly fee covers and what sits on top.
• Contract length. Check minimum terms and notice periods.
• Control. You direct the work, so the employment must still look genuine.
• Data. Ask where employee records are stored.

How do you choose an EOR provider?

Choose a provider on coverage, price clarity and support, not on a ranking. Use this 6-point checklist.

• Country coverage. Confirm the countries you need.
• Price clarity. Ask for the full cost breakdown.
• Legal employer. Confirm which entity employs your staff.
• Payroll and currency. Check local-currency payment support.
• Benefits. Confirm local statutory benefits and any extras.
• Accounting fit. Check that costs reach your books, such as Xero.

How do we support EOR hiring?

We help Hong Kong businesses hire abroad through our partner Deel, which is the legal employer. You can hire in 150+ countries, and our employer of record page has the full feature list.

• Pricing. We start from USD 399 per employee per month.
• Contracts. We generate localised employment contracts.
• Payroll. We run payroll with local-currency payments.
• Benefits. We administer local statutory benefits.
• Time off. You approve time off with public holiday tracking.
• Contractors. We also onboard and manage contractors.

Our payroll page covers staff you employ directly.

Why Hong Kong Businesses Choose Aspire

Hiring through an EOR is 1 part of growing a team, and Aspire supports the accounts, cards and transfers that sit around it.

💱 FX spreads from 0.18%, up to 3x cheaper than traditional banks. This applies across 130+ countries and 40+ currencies through Aspire's multi-currency account. It's useful for anything from paying overseas suppliers to settling international payments without losing margin to markup.

💰 1.2% unlimited cashback applies on every corporate card transaction, with no monthly cap. It kicks in automatically on eligible spend, with no minimum threshold to hit first. Over time, it quietly turns routine business spend into working capital.

🌐 Local transfer network, not multi-hop SWIFT chains, is how Aspire routes most payments. This means faster settlement and fewer intermediary fees eating into your payment before it reaches the recipient. It also reduces the chance of funds being held up for review at a correspondent bank along the way.

💸 Fixed USD 8 inbound SWIFT fee, tracked end-to-end with SWIFT GPI, applies when SWIFT is the right rail for your payment. There are no surprise deductions from correspondent banks along the way, so the amount you're quoted is the amount that arrives. You can also download payment confirmation instantly from the app, without calling the bank.

⚡ Approved in as little as 1 business day, with no branch visits and no paperwork stacks. Applications are completed entirely online, from document upload to approval. There's no waiting weeks on a relationship manager to call you back.

Open a free multi-currency business account built for Hong Kong SMEs, or explore how Aspire's corporate card fits into your day-to-day spend.