Foreign experts who are working in Vietnam under titles such as managers, investors, legal representatives, and chief of representative offices shall comply with the local laws and regulations to avoid and prevent violations in advance, keep their good standing in optimal manners whenever they are working and doing business in Vietnam.
WHAT ARE THE REQUIRED COMPLIANCE PROCEDURES BY LAWS?
Professional employee profile and establish local employment relations:
- Know your employer and your title position.
- Local job descriptions that shall be inlined and consistent with the position.
- Establish lawful employment relations in forms of appointment letter, labor contract, internal assignment…
- Required papers to meet local conditions on foreign employment in Vietnam.
- Manage your work permits, residency, investment visa…
Personal income tax and compulsory insurances:
- Taxable income and tax exemption, methods of tax declaration and payment.
- Review and identify your sources of income, and tax deductions to avoid potential violations that may impact to your good standing.
- Calculation your tax payable amount and compulsory insurances in lawful and optimal manners.
- Review your tax reports and annual final settlement, apply for insurance benefits and avoid double tax payment according to the tax agreements.
- Representative on behalf of managing and settling any query or requirements from the local competent state agencies.
Other administration procedures
- Private banking services: Manage required papers and procedures for every transaction as per local laws. Overseas remittance and loans.
- Direct or In-direct Investment in Vietnam.
- Buy, rent and purchase housing.
- Business records management for any of the required papers so that you will be always ready to provide information and protect your interests during your work in Vietnam.
- Roles and responsibilities of the Chief of representative office and Legal representatives of a business entity.
HOW VIVA BUSINESS CONSULTING ENSURE FOR THE REQUIRED COMPLIANCES?
We are useful and fully support to any foreigners who are working in Vietnam in form of:
- Executing the labor contracts
- Working as managers, chief executive officers, experts, technicians
- Internal reassignments
- Enforcing contracts or agreements, providing services under contracts, offering services, Participating in the execution of bid contracts and projects in Vietnam.
- Working for foreign non-governmental organizations or international organizations in Vietnam, Working as volunteers, taking charge of establishing the commercial presence
We counsel and practice in the implementation of any required procedures for foreign employees so that you can avoid most of the issues and troubles, and remain the reputation and working history in Vietnam:
- Investment visa, Business visa…
- Work permit | Labor contracts | Employee profile according to local labor laws
- Temporary residence card
- Personal income tax
- Compulsory insurances
- Driving license
- Exclusive advice for Chief of representative office and Legal representatives in Vietnam.
- Update the latest local regulations and practice solutions to protect and optimize your interests.
We are the person in charge to take care of all of the compliance procedures for an expatriate in Vietnam, that we will be free from any query or requirement from the local competent state agencies and fully focus on your most advantage business and expertises.
Read more:
- Manage required compliance procedures for EXPATS in Vietnam
- Expats working in Vietnam – what you shall keep in mind
- Visa entry Vietnam, types and time limits – what you need to know
- Vietnam entry visa for foreign workers
- Vietnam entry visa for foreign investors
- Visa for foreign investors, symbols and time limits
- Work permit in Vietnam – regulations and guidance
- Work permit application in Vietnam: conditions and required papers
- Work permit exemption for foreigners who get married to Vietnamese citizens
- Work permit in Vietnam: FAQS
- Foreign workers in Vietnam – 20 cases exempt from work permits
- Compulsory insurances in Vietnam – what you need to know
- Temporary residence card in Vietnam – what you need to know
- Legal representative of enterprise in Vietnam – roles and responsibilities
- Chief of representative office or head of branch in Vietnam – role and responsibility
- Foreign investor, legal rep and chief rep in Vietnam the required compliance procedures that you shall keep in mind
- Personal income tax – methods of declaration
- Taxable incomes from wages and remunerations
- Manage employment relations in Vietnam
- Evisa – new regulation on entry and exit for foreigners in Vietnam
