Payroll services are an essential component of any business, including those that operate in foreign countries like Vietnam. For foreign investors looking to set up a company in Da Lat City, there are several important considerations to keep in mind when it comes to payroll services. Firstly, it’s important to understand the local labor laws […]
Virtual office is considered as the most economical office model, especially with high escalating costs such as house rent, space rental, human resource fee, electricity and water costs and other expenses. other services,… A virtual office is a service that provides businesses an address for enterprise registration without physical office space, only a mailing […]
Taxable income from wages and salaries is determined by the total amount of wages, salaries, remuneration and other incomes of the nature of wages and salaries that taxpayers receive in the tax period according to the provisions guided in Clause 2, Article 2 of Circular 111/2013/TT-BTC. => In the month that the employer gives bonus, […]
Under Vietnam Law on Enterprises: “Enterprises must ensure that there is always at least one legal representative residing in Vietnam. When there is only one legal representative remaining in Vietnam, this person must, when leaving Vietnam, authorize in writing another individual residing in Vietnam to exercise the rights and perform the obligations of the legal representative. […]
I. OUR SCOPES: Contact with the Company’s authorized person(s) to gather relevant information on number of paid and unpaid days, income (salary, bonus, allowance, etc.) and personal information of employees (social insurance code, tax code number, etc.); Prepare the monthly payroll sheet which provides below information to person in-charge of the Company for […]
I. OUR SCOPES: – Contact with the Company’s authorized person(s) to gather relevant information on number of paid and unpaid days, income (salary, bonus, allowance, etc.) and personal information of employees (email address, tax code number, etc.); – Prepare the labor contracts in accordance with the Client’s template under the name of our […]
– Password to log-in the personal electronic tax declaration account of expat (if any); – The scanned copy of passport and visa during the filing year; – The scanned copy of Vietnam Temporary Residence Card (TRC) during the filing year if any; – Personal Tax Code in Vietnam; – Personal Tax […]
Under current regulations, the organization or person that pays a total income from 2 million VND to a resident that does not sign a labor contract (as guided in Point c and Point d Clause 2 Article 2 of this Circular) or that signs a labor contract for less than 03 months shall withhold 10% […]
Generally Speaking This article’s goal is to provide brief insight on the legal issues surrounding foreign investment in Vietnam. A few fundamental elements need to be examined: I. The establishment of foreign-owned businesses in Vietnam; II. Brief notes on the principal taxes that must be paid; III. Brief notes on the Social-Health-Unemployment Insurance (SHUI) that […]