For foreign enterprises newly established and operating in Vietnam, in order to be able to fully understand and implement the legal provisions on the employment of workers (domestic and foreign workers), and tax code registration procedures, social insurance registration and declaration, compliance with labor reporting, social insurance obligations … is an extremely difficult issue. This takes a lot of time and will lead to reduce work efficiency as well as increase unnecessary costs for enterprises.
With the experienced and well-trained staff of HR DEPT. VIETNAM, the issues of compliance with regulations related to the payroll of newly established foreign enterprises and small and medium enterprises will be resolved promptly in accordance with Vietnamese law. In addition, the procedures and regulations related to the salary calculation will also be complied with in the most complete and accurate manner.
Outsourcing payroll services brings enterprises many benefits as follows:
1. Compliance with legal regulations
Not really understanding Vietnam’s labor regulations is a common problem not only for foreign enterprises but also for small and medium domestic enterprises when they are newly established in Vietnam. HR DEPT. VIETNAM will offer and advise enterprises on high quality payroll services, ensuring that enterprises fulfill their obligations under the labor laws in Vietnam. Enterprises will avoid unfortunate law violations that lead to unnecessary costs of paying penalties or bear other legal liabilities.
2. Limit the risks
Risks in the wage calculation process will be minimized with a team of highly specialized and experienced in working with state agencies as well as experience in handling and management of wages. Enterprises can be completely assured and trust the payroll service of HR DEPT. VIETNAM.
3. Cost savings
Hiring a full-time employee for the HR department will make an enterprise should spending a large expense, and it is also very complex. Therefore, outsourcing payroll services will be the most suitable solution for the financial situation of the enterprise. Enterprises do not need to worry about recruiting or converting personnel for this job but only need to pay a reasonable cost periodically.
4. Make sure it’s accurate and on time
The professional and reliable payroll service of HR DEPT. VIETNAM has strict procedures and always complies with customer information confidentiality policies. Besides, the calculation of the salary and monthly salary of the enterprise will always be confidential, completed on time and most accurately.