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FOREIGNERS WORKING IN VIETNAM

WHAT YOU SHALL KEEP IN MIND

FOREIGNERS WORKING IN VIETNAM

WHO ARE THE FOREIGN EMPLOYEES IN VIETNAM?

Executing the labor contracts

Working as managers, chief executive officers, experts, technicians

Internal reassignments

Enforcing contracts or agreements

Working for foreign non-governmental or international organizations in Vietnam

 

FOREIGNERS WORKING IN VIETNAM

WHAT ARE THE REQUIRED PROCEDURES THAT YOU SHALL KEEP IN MIND?

Foreigners who are working or investing in Vietnam shall be fully complied with the local laws and regulations to avoid and prevent any violations in advance, keep their good standing in the lawful and optimal manner.

Visa for experts and businessmen

Work permit

Temporary residence card

Personal income tax

Compulsory insurances

Labor contracts, Employment records and relations

Rights and obligations of Chief of representative offices and Legal representatives of a business entity

Legalized and notarized translations of overseas papers | Local banks accounts and remittances | Manage contracts | Buy, rent and sell real estates | Other procedures at the local competent state agencies.

VISA

Visa means a document issued by a competent authority of Vietnam to a foreigner to grant entry into Vietnam. A visa may be once or multiple times and its purpose must not be changed. Visa shall be issued and attached to passport, issued separately of issued via electronic transaction or according to lists issued by immigration authorities.

In Vietnam, there are many types of entry visas with different symbols and time limits, meanwhile the 05 most popular visa symbols and time limits are:

  1. Symbol ĐT has time limits of visa from 12 months and does not exceed 10 years – Issued to foreign investors in Vietnam.
  2. Symbol LĐ has time limits of visa not exceed 2 years – Issued to people who come to work.
  3. Symbol DN has time limits of visa not exceed 12 months – Issued to people who come to work with companies in Vietnam.
  4. Symbol TT has time limits of visa not exceed 12 months – Issued to foreigners that are parent, spouse, children under 18 years of age of the foreigners issued the above visas.
  5. Symbol DL: Issued to tourists.

THE FOLLOWING SITUATIONS EXEMPT THE FOREIGNER FROM NEEDING A VISA:

  1. Vietnam allows Citizens of up to 24 countries to get Vietnam visa exemption in the conditional time, most of the countries are members of ASEAN.
  2. Vietnamese residing overseas and foreigners who are spouses and children of Vietnamese residing holding foreign passports with Vietnam visa exemption paper. Each entry is allowed to stay for 6 months. The visa exemption is valid for at most 5 years and 6-months prior to the valid duration of the passport.

Note: The expatriates need to pay attention to their living in Vietnam, they must be in line with entry purposes in the visa, avoid related risks that might happen. Depending on the purpose of entry and the applicant’s application, the validity of the visa might be different.

WORK PERMIT (WP)

There are regulations on issuance of work permits for foreigners in Vietnam and cases of expulsion of foreign workers who are working in Vietnam without the work permits.

WHO CAN APPLY?

Employees who are foreign citizens moving to Vietnam for employment for the purpose of:

  1. Offering services.
  2. Providing services under contracts.
  3. Taking charge of establishing the commercial presence.
  4. Executing the labor contracts or Internal reassignments.
  5. Enforcing contracts or agreements on business, commerce.
  6. Working as managers, chief executive officers, experts, technicians
  7. Participating in the execution of bid contracts and projects in Vietnam.
  8. Working for foreign non-governmental organizations or international organizations in Vietnam.

 

WHAT ARE CONDITIONS FOR ISSUING THE WORK PERMIT IN VIETNAM?

  1. The employees are manager, chief executive officer, expert, or technicians.
  2. The employment of the foreign worker is approved in writing by a state competent authority.
  3. The worker’s health is fit for working and the worker is not a criminal or liable to criminal prosecution in accordance with the Vietnam law and the foreign country’s law.

TEMPORARY RESIDENCE CARD (TRC)

A temporary residence card is a multiple visa valid from 2 to 5 years for expats who want to reside for a definite period of time in Vietnam. However, depending on each case the temporary residence card can be issued for a different period of time and also required different documents.

  1. A foreigner who is a member of the board director of the stock corporation.
  2. A foreigner who is a member of the two members limited liability company or more.
  3. Relatives of the temporary residence cardholder include parents, spouse, and children.
  4. A foreign lawyer who is licensed to practice following Vietnam law by the Vietnam Ministry of Justice.
  5. A foreigner who is granted a working permit in all kinds of businesses or representative offices of foreign companies.
  6. A foreigner who is the owner of the one member limited liability company;
  7. Professionals, students, trainees who are in the national working or studying programs which are signed between the ministries was approved by the Government.
  1. Expired temporary residence cards will be considered for the issuance of a new card.
  2. The duration of TRC is at least 01 month shorter than the duration of the passport.
  3. Temporary residence cards with the code LĐ, PV1 have a term of no more than 02 years.
  4. Temporary residence cards with the code NN1, NN2, TT have not more than 03 years.
  5. Temporary residence cards with the code NG3, LV1, LV2, ĐT, and DH have a term of no more than 10 years.

PERMANENT RESIDENCE CARD (PRC)

A permanent residence card (PRC) is a paper granted by immigration authorities to foreigners who are allowed to permanently reside in Vietnam and have validity longer than a Visa. Conditions and dossiers for the application of permanent residence cards for foreigners in Vietnam are flexible depending on cases.

CONDITIONS FOR PERMANENT RESIDENCE CARD APPLICATION

  1. Foreigners who are legal residents.
  2. Foreigners who have stable incomes ensure their living in Vietnam.
  3. Foreigners who are resided in Vietnam for 3 years or more.
  4. Foreigners who are sponsored by their parents, spouses or children who are Vietnamese citizens permanently residing in Vietnam.

MANAGEMENT OF PAYROLL AND EMPLOYMENT RELATIONS

We manage the labor relations  which are basically required by local laws and regulations:

  1. Relations between employees with company in signing and implementation of labor contracts,
  2. Relations between company with Insurances and Labor agencies in reporting and payments,
  3. Relations between company with Tax Department in reporting, payments and annual settlement.

 

SOME TYPICAL PROCEDURES:

  1. Employee profile
  2. Performance of labor contracts
  3. Modification, supplementation and termination of labor contracts
  4. Wages: Minimum wage, Formulation of wage scales, Forms of wage payment, Wage payment period, Allowances, subsidies, wage raise and other incentives, Bonuses…
  5. Payroll management and procedures
  6. Working time and rest time
  7. Labor discipline and material responsibilities
  8. Compulsory social insurance – Trade unions – Personal income tax
  9. Update and apply for new regulations from the authorities

OTHER SECRETARIAL SERVICES

Our secretarial services help you more convenience and efficiency in working and doing business in Vietnam:

  1. Open bank accounts for: Payment, saving, direct or in-direct investment.
  2. Private banking services: Manage required papers and procedures for every transaction as per local laws. Overseas remittance and loans.
  3. Direct Investment in Vietnam.
  4. In-direct Investment in Vietnam.
  5. Buy, rent and purchase housing
  6. Manage contracts and representative for the deals. Legalized and notarized translations of overseas papers
  7. Exclusive counsel for the Chief of representative office and Legal representatives of a business entity.

FOREIGN CHIEF OF REPRESENTATIVE OFFICE (CRO)

  1. In the absence from Vietnam
  2. Responsible within the power of attorney
  3. Authorized to sign, adjust or supplement contracts
  4. Responsible for activities out of the scope of authorization
  5. In case the chief is absent from Vietnam for a period of longer than 30 days without any authorization
  6. Employee profile and exclusive rights and obligations of a chief of representative office related to labor relations – tax – compulsory insurances in Vietnam
  1. In case the chief is absent from Vietnam for a period of longer than 30 days without any authorization
  2. Employee profile and exclusive rights and obligations of a chief of representative office related to labor relations – tax – compulsory insurances in Vietnam
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FOREIGN LEGAL REPRESENTATIVES

Legal representative of an enterprise is the individual that exercises the rights and fulfills the obligations on when making transactions on behalf of the enterprise, represents the enterprise as the plaintiff, defendant, and person with relevant interests and duties before the arbitral tribunal, the court, exercises other rights and fulfills other obligations as prescribed by law.

Responsibilities of the enterprise’s legal representative:

  1. Performing the given rights and obligations in a truthful, careful manner to ensure the enterprise’s lawful interests
  2. Acting in the best interest of the enterprise; do not use information, secrets, business opportunities of the enterprise; do not misuse the position, power, or property of the enterprise for self-seeking purposes or serving the interest of other entities
  3. Employee profile and exclusive rights and obligations of a chief of representative office related to labor relations – tax – compulsory insurances in Vietnam

FOREIGNERS WORKING IN VIETNAM

OUR ONE-STOP SOLUTION AND STANDARD OPERATION PROCESS

We adhere to the service process according to the following rules:

    Understand client’s requirements and expectations

    Design your own solution and browser

    Provide well-trained personnel and a management system to enforce – secure – deliver beyond expectation results

    Constantly and frequently updated – improving local laws and regulations and working practices to optimize benefits for client’s

     Maintain service quality – the trust and confidence of client’s as one of our priceless assets

 

WE ARE RECOGNIZED AND TRUSTED BY THOUSANDS OF CLIENTS

WE ARE A MEMBER AND COUNSELLING FOR

VIVA BUSINESS CONSULTING

WHO WE ARE?

VIVA is a business consulting company, specializes in business compliance procedures according to local business laws and regulations since 2006. VIVA has been continuously trusted by thousands of well-known clients since 2006.

The insights and consistent backgrounds in Business Laws – Accounting and Corporate Finance – Tax Management – Labor Relations and Payroll – Secretarial services help us build trust and confidence in the entrepreneur’s community.

We have been successfully providing service for thousands of leading companies from Hong Kong, Japan, US, EU, Singapore, India, China, Korea…. in forms of FDI companies, Foreign representative offices, Foreigner working in Vietnam, Vietnamese SMEs, Chief Operation Officers.

WHAT WE DO?

Services for Expats in Vietnam:

Visa, Work Permit, Temporary residence card, Compulsory Insurances, Personal Income tax, Labor contracts, Employment Records and Relations, Other Secretarial Services.

Services for Representative offices in Vietnam:

Establishment, extension of representative office licenses.  Required compliance procedures during operation. Rights and obligations of the chief of representative office. Closure of representative office risks management. 

Services for a company in Vietnam:

Setting up a new company and licensing service. Business records management. Daily business transactions management. Tax management. Accounting and financial statements. Employments, payroll and compulsory insurances. Representative on behalf at competent state agencies for any business administration procedures.

A partner who has comprehensive expertise and experience in local business laws and regulations can help the investors shortcut entry procedures, avoid and prevent most of legal risks, create business advantages and keep their good standing.

Motivated by our core values of ceaseless improvement, our great insights in local business culture and regulations, as well as the exclusive services, promise to offer you one-stop and tailored-made solutions that optimize every of your business in Vietnam in the lawful manner.

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

CONSULT US

In order to help us serve you better, please complete the form below.

We will respond as soon as possible, usually within one business day.

INVESTMENT IN VIETNAM

WHAT YOU NEED TO KNOW

   18001243

  (84-28) 3925 4455 – (84-28) 7304 0455

   leads@vivabcs.com.vn

   12th Floor, International Plaza Building, 343 Pham Ngu Lao Street, Pham Ngu Lao Ward, District 1, HCM

   17th Floor, Prime Centre Building, 53 Quang Trung Street, Nguyen Du Ward, Hai Ba Trung District, HN

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