Payroll Outsourcing in Vietnam
Managing payroll in Vietnam is complicated in that specific time investment, knowledge of local regulations and labor laws are required. It is highly important to understand all regulations related to tax and manpower in Vietnam as payroll calculation will affect your tax and social security reports.
Benefits of Outsourcing Payroll
Cekindo offers professional experts to assist you with payroll processing and outsourcing services. Whether your company is small, medium or large, our services can be tailored to your business needs. It is our commitment to ensure that your raw payroll data are processed in accordance with the latest regulations in Vietnam.
Our payroll services include:
1. Medical and Social Insurance Registration
When opening a company in Vietnam, you are required to register with the goverment to obtain your medical and social insurance. We are here to make sure that you do not forget what seems to be trivial but actually is important for your business sustainability in Vietnam.
2. Monthly payroll calculation
If you outsource your payroll with us, we will ensure that your payroll is calculated accurately and processed on time every month based on your cut-off time.
3. Monthly payslips and reporting
In addition to monthly payroll calculation, we also prepare monthly payslips to be distributed to all of your local and foreign employees and monthly reporting.
4. Personal income tax declaration and assessment
With regards to personal income tax, every individual is required to submit declaration on a quarterly basis when income is less than 50M VND or a monthly basis when income is more than 50M VND. We will assist you with the personal income tax declaration and assessment.