Company: GLXG
Filing Date: 2025-10-24
Form Type: 20-F
Source: 0001213900-25-102144
Chunk: 79

Company: Galaxy Payroll Group Ltd
Filing Date: 2025-10-24
Form: 20-F
Item: Item 4
Chunk 79
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 individual income tax-related matters upon request.
For newly-hired and outgoing employees, we assist in enrolling or deregistering the social security accounts. If adjustment to the contribution
base of an employee has to be done as required by local regulations, we will update our IT system for payroll calculation. After receiving
the funds from our customer, we will make the payment on behalf of our end-user.

During the years ended June
30, 2025, 2024 and 2023, our Group did not receive any query or investigation from relevant government authorities in relation to our
end-users’ MPF, social security, housing provident funds and individual income tax. For services provided by our Group directly,
our Group will be responsible for handling the queries. For services provided through our in-country partners, such queries will be handled
by our in-country partners.

Post-completion record keeping

After dispatch of funds to
our end-user’s employees, a payment proof will be obtained. We will then file the final payroll report, invoice, payment proof and
any other reports to our server for record keeping. We will also issue pay slips to our end-user’s employees by way of email, post
or online portal.

Other administrative services

Other than payment of salary
to our end-users’ employees, we also assist our end-users in handling other administrative work such as preparing and filing of
employers’ return including filing of employer’s return of remuneration and pension (Form IR56B) to the IRD in compliance
with the Inland Revenue Ordinance for employees in Hong Kong and other employment-related tax, insurance and notifications in the PRC,
Taiwan and Macau.

EMPLOYMENT SERVICES

In addition to our payroll
outsourcing services, we also offer employment services to our end-users in the PRC, Hong Kong, Japan, Taiwan, Macau, Australia and other
Asian countries, under which we (i) employ candidates, directly or through our in-country partners, who are sourced by our end-users themselves
and second them back to our end-users; and (ii) handle the seconded employees’ payroll and other administrative matters as their
employers of record directly or through our in-country partners.

Our end-users source and
provide candidates who meet with their requirements and engage our Group to enter into employment contracts with such candidates directly
or through our in-country partners. Under the employment arrangement, we will provide all the required assistance to our customer as the
candidates’ employer of