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Steps to setup your HR processes in Vietnam.pdf

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Looking to hire, pay and support your workforce in Vietnam? These are the steps you need to be aware of in order to set up your team in Vietnam, while staying compliant.

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Stepstosetup yourHRprocessesinVietnam OPTION 1 YourbusinessisalreadyinVietnam(HRoutsourcing) Initialsetup andimplementation 01 PerformKYCofclient Collectemployee’ssalarypackage,contracttermfromtheclient Collectemployeeinformationandrequireddocuments InterviewandPerformstandardbackgroundcheckofemployee(2) PrepareandfinalizeallrequiredHRcontracts(3)incompliancewith Vietnamlaborlaw Meetwithemployeesandsigncontractswithemployees Preparepayrolldocumenttemplate(e.g.timesheet,annualleave reports,basicemployeeinformation) andsendittotheclient. RegisterSHUI(Social,Health,UnemploymentInsurance)foremployees Monthly payroll 02 Calculateannualleaveandbasicemployeeinformationreportsfor monthlypayroll Sendpayslipandcreatesalarypaymentorder CalculateSHUIandcontributeSHUIforemployees Reportandpaymonthly/quarterlyPIT 01 step 02 step 03 step 04 step 05 step Initiallaborand socialinsurance registration Socialinsurance adjustmentandpayment beforeendofthemonth Monthly/ quarterly PIT reportand payment MonthlypayrollcalculationuponreceivingPayroll- TimesheetUpdat Salaryadjustment(if any Additionalpayments: bonus,incentives,allowances(if any Newjoinersupdate(if any Probationevaluation(if any Leaversupdateandseverancepayment(if any) Payrollpayment Lookingtohire,payandsupportyourworkforceinVietnam? Thesearethestepsyouneedtobeawareofinordertosetupyourteam inVietnam,whilestayingcompliant. CONTACT US www.cekindo.vn +84 28 3535 0019 vietnam@cekindo.com +84 877 660 244244 DeadlinetoSubmit Decree38/2022/ND-CP increasingtheMinimum MonthlyWagesby6% andregulatingMinimum HourlyWages Decree35/2022/ND-CP onthemanagementof industrialparksand economiczones CircularNo.78/2021/ TT-BTConusing electronicPIT withholdingcertificate Issued date 12June2022 28 May2022 17 September2021 Effectivedate 1 July2022 1 July2022 1 July2022 Details Link Link 2022 New Regulations OPTION 2 Youareconductingbusinessfromoutsideof Vietnam(EOR)

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Steps to setup your HR processes in Vietnam.pdf

  • 1. Stepstosetup yourHRprocessesinVietnam OPTION 1 YourbusinessisalreadyinVietnam(HRoutsourcing) Initialsetup andimplementation 01 PerformKYCofclient Collectemployee’ssalarypackage,contracttermfromtheclient Collectemployeeinformationandrequireddocuments InterviewandPerformstandardbackgroundcheckofemployee(2) PrepareandfinalizeallrequiredHRcontracts(3)incompliancewith Vietnamlaborlaw Meetwithemployeesandsigncontractswithemployees Preparepayrolldocumenttemplate(e.g.timesheet,annualleave reports,basicemployeeinformation) andsendittotheclient. RegisterSHUI(Social,Health,UnemploymentInsurance)foremployees Monthly payroll 02 Calculateannualleaveandbasicemployeeinformationreportsfor monthlypayroll Sendpayslipandcreatesalarypaymentorder CalculateSHUIandcontributeSHUIforemployees Reportandpaymonthly/quarterlyPIT 01 step 02 step 03 step 04 step 05 step Initiallaborand socialinsurance registration Socialinsurance adjustmentandpayment beforeendofthemonth Monthly/ quarterly PIT reportand payment MonthlypayrollcalculationuponreceivingPayroll- TimesheetUpdat Salaryadjustment(if any Additionalpayments: bonus,incentives,allowances(if any Newjoinersupdate(if any Probationevaluation(if any Leaversupdateandseverancepayment(if any) Payrollpayment Lookingtohire,payandsupportyourworkforceinVietnam? Thesearethestepsyouneedtobeawareofinordertosetupyourteam inVietnam,whilestayingcompliant. CONTACT US www.cekindo.vn +84 28 3535 0019 vietnam@cekindo.com +84 877 660 244244 DeadlinetoSubmit Decree38/2022/ND-CP increasingtheMinimum MonthlyWagesby6% andregulatingMinimum HourlyWages Decree35/2022/ND-CP onthemanagementof industrialparksand economiczones CircularNo.78/2021/ TT-BTConusing electronicPIT withholdingcertificate Issued date 12June2022 28 May2022 17 September2021 Effectivedate 1 July2022 1 July2022 1 July2022 Details Link Link 2022 New Regulations OPTION 2 Youareconductingbusinessfromoutsideof Vietnam(EOR)