# Galaxy Payroll Group Galaxy Payroll Group is an other based in Hong Kong, Hong Kong. ## Overview - **Organization type:** other - **Headquarters:** Hong Kong, Hong Kong - **Region:** Asia - **Address:** Hong Kong - **Founded:** 2017 - **Assets under management:** Undisclosed - **Website:** galaxypayroll.com ## Regulatory record - **Reports private funds:** No ## About Galaxy Payroll Group was incorporated in Hong Kong in 2017 under the leadership of CEO Wai Hong Ho. The firm provides outsourced payroll processing, human resources management, and employer-of-record services — a model designed for small-to-medium enterprises expanding operations across Asia without building in-house administrative infrastructure. Its founding coincided with a wave of regional corporate-services demand as Hong Kong and Singapore tightened compliance requirements around cross-border employment. The firm's core offering spans cloud-based payroll software and managed HR services, bridging Hong Kong, mainland China, Macau, Taiwan, and select Southeast Asian markets. Clients typically outsource salary calculation, tax filing, and statutory benefits administration to Galaxy's platform. A Securities and Exchange Commission filing from September 2021 detailed plans to list on the Nasdaq under ticker GLXG, disclosing revenue of roughly $4 million for the prior fiscal year. That filing names the company as a provider for over 200 corporate clients, concentrated in financial services, retail, and professional-services sectors across Greater China. No post-filing completion of the offering has been publicly confirmed. The company's disclosed team size and post-2021 financials remain thin — the SEC submission reported 21 employees and a limited operating history that the prospectus itself flagged as a risk factor. Galaxy identifies its primary market as the cross-border SME segment, where complex multi-jurisdiction payroll rules create recurring compliance-driven demand. The firm competes with regional payroll outsourcers and global platforms like ADP and Safeguard Global, though its local licensing in Hong Kong and China gives it a regulatory footprint that pure-software entrants often lack. Galaxy's structural differentiator is its regulated employment-services license in Hong Kong, which allows it to act as a legal employer of record for staff placed across borders — a legal-entity layer many software-only payroll firms cannot offer. This hybrid of technology and licensed corporate services places it closer to a professional employer organization than a standalone SaaS vendor. ## Sectors - Enterprise Software - FinTech ## People - Wai Hong (William) Ho — Chief Executive Officer ## Questions ### Who runs investment decisions at Galaxy Payroll Group? Galaxy Payroll Group is an operating company, not an investment firm. Strategic and financial decisions are led by CEO Wai Hong Ho, who founded the business in 2017. No separate investment committee or family-office allocation function exists within the entity's disclosed structure. ### Does Galaxy Payroll Group manage third-party capital or operate a fund? No. Galaxy Payroll Group is a human-resources and payroll outsourcing provider — not a fund manager, family office, or investment vehicle. Its revenue derives from service fees paid by corporate clients for payroll processing and employer-of-record services. The firm has not disclosed any capital-deployment activities. ### What is the status of Galaxy Payroll Group's planned Nasdaq IPO? Galaxy filed a draft F-1 registration statement with the US Securities and Exchange Commission in September 2021, proposing to raise up to $23 million under the ticker GLXG. As of mid-2026, no subsequent amendments, pricing details, or listing completion have been publicly filed. The offering's status remains unconfirmed. ### Which geographies does Galaxy Payroll Group cover operationally? The firm's primary operational footprint includes Hong Kong, mainland China, Macau, and Taiwan. Its SEC filing also identified expansion initiatives targeting Southeast Asian markets, though specific country-level licensing beyond the core Greater China region has not been publicly detailed. It holds an employment-services license in Hong Kong that enables its employer-of-record model. ## Related profiles - [Gaingels](https://altss.com/profile/gaingels-10x-capital-diversity-management-llc) - [Galaxy Ruida Fund](https://altss.com/profile/galaxy-ruida-fund) --- Last updated: 2026-08-11T02:43:31.692Z Canonical page: https://altss.com/profile/galaxy-payroll-group-ltd Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology