EOR - Employer of Record / HR Outsourcing in Vietnam

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Details

Employment of local and foreign employees in Vietnam requires compliance with the laws and regulations stipulated by the government, such as minimum wage, employer’s obligations, payroll, taxation, social insurance, and work permit application. It is also worth noting that foreign enterprises cannot hire foreign employees in Vietnam directly. They will either have to establish a local subsidiary or use intermediaries. Opening a local subsidiary will bring extra time and costs to the registration, operations, and closing. The cost of operation of the company with very limited business activities would be about USD 5000 and this still excludes time and costs of payroll, company registration, and dissolution. The solution to optimizing the time and costs of opening a company is an HR outsourcing service. There are two options of HR outsourcing in Vietnam, namely Employer of Record (EOR) and Professional Employer Organisation (PEO). The main difference between the two lies on the legal employer of the workers working on payroll. Both, however, offer similar services such as tax filing, contracts, and payroll.

Included in this service

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Establishing HR policies

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Labour contract preparation

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Payroll calculation and processing

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Labour law consultancy

Pricing Breakdown

Price breakdown for all categories of services.

Full Service

$200 - $1000

Consultation

Free

Frequently Asked Questions

Users ask this questions about this service.

  • Yes, we can help recruit both local and foreign talents.

  • No, EOR service can be used for any business/industry in Vietnam.

Martin

Martin T.

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