PAYROLL COSTS

Amélie Desrochers - Senior Manager, Global Employer Services, Tax

By setting up operations in Greater Montréal, companies can take advantage of Québec’s highly competitive payroll costs:

7.1% for an annual salary of $100,000, for example

These costs represent a proportion of employee’s annual pay, with a maximum ceiling. They provide employees with a range of insurance, unemployment benefits and a retirement savings program.

Here are the details about the main payroll costs.

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