HOW TO MANAGE EMPLOYMENT RELATIONS IN VIETNAM?

how to manage employment relations in Vietnam?

SCOPES OF MANAGING THE EMPLOYMENT RELATIONS IN VIETNAM

  • Relations between employees and employer
  • Relations between employer and compulsory insurances
  • Relations between employer and Tax department

Employment relations are not only internal matters of a company but they are also mandatory procedures by local laws and regulations.

Properly manage the relations will help to avoid violations and prevent risks that may happen in advance, keep your good standing and business advantage…

Employment relations chart vivabcs

 

WHAT ARE THE LABOR RELATIONS THAT REQUIRED BY LOCAL LAWS AND REGULATIONS?

  • Relations between employees and employer in signing and implementation of labor contracts.
  • Relations between employer and Compulsory insurances and labor agencies in reporting and payments.
  • Relations between employer and Tax Department in reporting, payments and annually settlement. Beside the monthly payment for the employees, the salary is the important expense that related to personal income tax and corporate income tax of any company.
  • And daily hand in hand for consultancy: Internal labor regulations, Salary scales and policy, Collective agreement…; Employee profile; Performance of labor contracts; Modification, supplementation and termination of labor contracts; Wages (Minimum wage, Formulation of wage scales, wage tables and determination of labor norms, Forms of wage payment, Wage payment period, Principles of wage payment, Wage for overtime work and night work, Wage in case of work suspension, Payment of wage via foreman, Advance of wage, Deductions from wages, Allowances, subsidies, rank promotion and wage raise, Allowances, subsidies, rank promotion, wage raise and other incentives, Bonuses; Payroll procedures; Working time and rest time; Labor discipline and material responsibilities.

HOW VIVA BUSINESS CONSULTING SUPPORTS ENTERPRISES IN MANAGING OF THE LABOR RELATIONS?

1. Consultancy

  • Employee profile and working history
  • Labour discipline/disputes.
  • Labour Code, SHUI, PIT.
  • Other labour related matters.
  • Labor contract, offer letter. Performance of labor contracts
  • Modification, supplementation and termination of labor contracts
  • Wages: Minimum wage, Formulation of wage scales, wage tables and determination of labor norms, Forms of wage payment, Wage payment period, Principles of wage payment, Wage for overtime work and night work, Wage in case of work suspension, Payment of wage via foreman, Advance of wage, Deductions from wages, Allowances, subsidies, rank promotion and wage raise, Allowances, subsidies, rank promotion, wage raise and other incentives, Bonuses
  • Payroll procedures
  • Working time and rest time
  • Labor discipline and material responsibilities
  • Compulsory social insurance – Trade unions – Personal income tax
  • Update and apply for new regulations from the authorities

2. Payroll management

  • Check time-keeping.
  • Calculate salaries, allowances, bonuses, incentive and other payments.
  • Calculate salary for new and resigned employees.
  • Implement changes/adjustments.
  • Reconcile/confirm payroll with client.
  • Make salary payment to employees, distribute online payslips to employees and paper slip for workers.
  • Respond to employees’ questions regarding their salaries via email/phone/directly at office.

3. Social/health/unemployment insurance management

  • Make and submit monthly SHUI increase/decrease reports.
  • Get employees’ SI booklet finalized/closed.
  • Register for new/adjusted SI documents, HI cards for employees.
  • Make and submit SHUI benefit reports: sick, maternity, labour accidents, occupational diseases, death.
  • Make payment of SHUI benefits to employees.
  • Reconcile SHUI data with the social insurance agency.
  • Make payment of SHUI to the social insurance agency.
  • Register and follow up the status of SHUI-declaring software/electronic signature.

 

Local employment relation guide

 

4. Personal income tax management

  • Register PIT codes for new employees and their dependents.
  • Declare and submit monthly PIT reports.
  • Explain employees’ questions related to PIT.
  • Make payment of PIT amount to the tax authorities.
  • Register and follow up the status of PIT-declaring software/electronic signature.
  • Annual final tax settlement, tax refund, tax completion certificates.

5. The required procedures for foreign employees in Vietnam

  • Visa for experts and businessmen
  • Work permit
  • Temporary residence card
  • Personal income tax
  • Compulsory insurances
  • Labor contracts, Employment records and relations
  • Rights and obligation of Chief of representative offices and Legal representatives of a business entity | Direct investment in Vietnam | Other procedures at the local competent state agencies
  • Legalized and notarized translations of overseas papers | Local banks accounts and remittances | Manage contracts | Buy, rent and purchase housing.

6. Periodically compliance procedures at local competent state agencies

  • Employment records management.
  • Prepare labor contract and manage all the compliance labor registration / labor update, reports to submit, explain, negotiate at authorities. Apply and manage entry or exit visa, resident card, working permit for expats. On behalf of the company to manage and settle any query or requirement from the local competent state agencies.
  • Calculate, prepare payroll for each staff monthly. On behalf of the Company to care of salary payment, bonus, other benefit, social and health insurance, personal income tax, specific actions and grades of handling on discipline, procedures for news staff or lay off staff
  • Monthly internal auditing of the related reports, documents, procedures and prepare a management letter submit to the Board of Directors, which will notice about all risky issue may happen and suggested solutions
  • Monthly, quarterly, annually reports / declarations / settlements at the local competent state agencies.
  • On behalf of customer to explain and settle any query or complain from employees.

Please contact to our expertise should you have any further query about the conditions and procedures.

We looking to be your valued business partner and resources in Vietnam as we have been choosing since 2006.

 

Read more manage employment relations:

LEGAL EXPERT
CEO Dinh Nam Hai, VIVA Business Consulting

CEO - BUSINESS LAWYER

VIVA BUSINESS CONSULTING

WHO WE ARE?  

  • VIVA is the premium business consulting firm in Vietnam for market entry procedures, tax  management, employment relation, corporate finance and local business procedures at local  competent state agencies since 2006. 
  • Our staying power thanks for the deep insights and integrated backgrounds in business laws – tax management – accounting – corporate finance – employment relations enhance us build trust  and confidence and chosen by thousands of local and international clients from Hong Kong,  Japan, US, EU, Singapore, India, China, Korea…. for their confident partner and successful  business in Vietnam.  

WHAT WE DO 

VIVA offers one-stop platform, fully complied in optimal ways by local laws, for whole circle life of any enterprise in Vietnam: 

  • Market entry and business regulations 
  • Tax management
  • Accounting and Corporate Finance 
  • Management of labor relations and payroll 
  • Corporate – secretarial services 
  • Local business procedures at any local competent state agencies 
  • Mergers and Acquisitions. 

WHERE WE ARE

With over 20-year journey in a single industry, our name valued by expanding list of successful and loyal clients: 

  • We are recognized and selected by thousands of multinationals – foreign direct investment  companies and investors in Vietnam
  • We are recognized and selected by thousands of global enterprise – foreign representative offices in Vietnam
  • We are recognized and selected by thousands of famous local companies in Vietnam

VIVA not only manage business required procedures by laws but firstly places client’s compliance and good standing, in the optimal methods when offering any solution, and integrated with our intensive resources that allow us to prevent most of the risks in advance, create more benefits, advantages and business inspiration for entrepreneurs.

The insights and consistent backgrounds in Business Laws – Accounting and Corporate Finance – Tax Management – Labor Relations and Payroll – Serectarial and consistent with our exclusive standard operation processes, consisting of consultation – implementation – pratice operation help us fully protect client interests as one-stop solution.

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* VIVA Business Consulting is strictly complied with regulations on protection of personal data, according to Decree No.13/2023/ND-CP dated April 17, 2023, issued by Viet Nam government. VIVA use and keep your info for NO other purposes but providing exclusive service for you.

YOU WILL RECEIVE

“If you ask any successful businessperson, they will always have had a great mentor at some point along the road.”

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