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Salary, insurance, and labor for representative offices, these are complex issues that foreign businesses when establishing representative offices in Vietnam need to strictly comply with. Legal regulations on human resource management, compensation and insurance in Vietnam have many differences compared to foreign countries. Using professional consulting services will help the representative office grasp and properly fulfill its obligations and avoid legal risks.
Salary, insurance, and labor are three key factors in the human resource management of foreign representative offices in Vietnam. Complying with Vietnamese laws on these issues helps representative offices operate effectively and avoid legal risks.
According to Decree 07/2016/ND-CP, representative offices are not allowed to directly conduct profitable business activities in Vietnam. However, the office still must comply with regulations on labor, wages and employee insurance.
Specifically, representative offices need to pay attention to the following issues:
Failure to comply with the above regulations can lead to serious consequences such as fines, suspension of operations or revocation of the license to establish a representative office. Therefore, foreign businesses need to master and comply with Vietnamese laws on salary, insurance, and labor.
In addition, good management of human resources issues also helps representative offices build a professional working environment, attract and retain talented people. This is an important factor contributing to the success of representative offices in the Vietnamese market.
With a team of experts who understand the law, along with salary, insurance, and labor consulting services for representative offices, it will bring customers many practical benefits. Some outstanding benefits include:
Using consulting services will help customers optimize costs and human resources, helping customers focus on development in a safe and professional legal environment.
When using salary, insurance, and labor consulting services, foreign representative offices in Vietnam should pay attention to the following points to ensure efficiency and legal compliance:
By following these notes, representative offices can optimize benefits and ensure compliance with Vietnamese laws.
With a team of experts with many years of experience in the field of salary, insurance, and labor consulting for foreign representative offices. We provide consulting services including:
At Long Phan, we provide consulting services that best suit the specific needs of each representative office. Customers will receive comprehensive support from Long Phan’s team of experienced experts throughout their operations in Vietnam. If you need professional support, do not hesitate to contact Long Phan via Hotline: 0906735386. We are ready to advise and support customers on salary, insurance, and labor for representative offices.
Note: The content of the articles published on the website of Long Phan Investment Consulting Company is for reference only regarding the application of legal policies. Depending on the time, subject, and amendments, supplements, and replacements of legal policies and legal documents, the consulting content may no longer be appropriate for the situation you are facing or need legal advice on. In case you need specific and in-depth advice according to each case or incident, please contact us through the methods below. With our enthusiasm and dedication, we believe that Long Phan will be a reliable solution provider for our clients.
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