Payroll Services in Vietnam: Tax Reporting, Calculation, Insurance

Q: What are the benefits of payroll outsourcing in Vietnam?

There are many, but the major ones are cost reduction (no need to build an internal team), compliance guarantee (Vietnam is well-known as a country whose payroll regulations change constantly) and core business focus (payroll does not generate revenues).

Q: How much does Cekindo's payroll outsourcing service cost?

The cost highly depends on several factors, such as company size, number of employees, a variety of services required and the payroll need frequency. We tailor our payroll outsourcing service to your specific payroll requirements.

Q: Are there any other HR-related outsourcing services provided by Cekindo?

In addition to payroll processing and outsourcing, we also provide recruitment outsourcing that includes advertising job vacancies, interviewing candidates and conducting background check, and visa and work permit application.

Q: Does payroll outsourcing need to take place at the start of a tax year?

No. It can take place at anytime of the year, when you are ready to transfer your payroll data.

Q: Is payroll outsourcing suitable for all businesses?

Yes. Payroll outsourcing is suitable for all businesses, whether they are large, medium or small. At Cekindo we work with a range of businesses to provide the ideal payroll solutions.

Payroll Services in Vietnam: The Overview

Managing payroll in Vietnam is complicated because 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 in Vietnam

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.

Payroll Services in Vietnam: Our Packages

1. Medical and Social Insurance Registration

When opening a company in Vietnam, you are required to register with the government to obtain your medical and social insurance. We are here to make sure that you do not forget what seems to be trivial but 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 & 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 & Assessment

With regards to personal income tax, every individual is required to submit declaration every quarter 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.

Our payroll system is cloud-based and can be easily accessed online. All employee data, including personal data, contracts and salaries, are located in one dedicated place with secure access. The online payroll system also provides an easy way to manage employee leaves and attendance.

Contact Our Consultants

Please send your question(s) by filling in this form. Our consulting team will quickly answer you via Email for a free consultation. Due to the current situation we are able to provide our services 100% online for everyone safety

Selected Testimonials

Cekindo handled business visa for our new colleague promptly and made the start of our company in Vietnam easier and faster. I particularly enjoyed communication with the consultant, who advised the best solution for us and was all the time available to answer any questions. She made sure that all the documents were collected and prepared on time and we got great support during the whole process. Thank you Cekindo and I hope to cooperate again in the near future!

Ivana Bartonkova
Marketing and HR director of Port Cities Vietnam

Not only was the team professional throughout our interactions, they even went beyond their responsibilities to ensure that our company’s needs were fulfilled.

Sean Ching
Founder & CEO, Clap Tech Limited Company

Cekindo has assisted our company with company registration and nominee director services. Everything has gone smoothly and we wish to have further support in the future. Thank you Cekindo!

Sophie
Founder, Shewutrade Group

Besides being understanding, patient and kind; Cekindo was extremely efficient and practical as well and guided me every step along the way. I would highly, highly recommend anyone who is either in urgent or not-so-urgent need of obtaining a visa for Vietnam to work with Cekindo. It has been a privilege doing business with them and I know who will be my agents in the future!

Gauthier D’haenens