Consulting services for salary, insurance, and labor representative offices

Article overview

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 for representative offices
Salary, insurance, and labor for representative offices

The importance of salary, insurance, and labor issues for representative offices

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:

  • Sign labor contracts in accordance with regulations with Vietnamese and foreign workers;
  • Register to participate in social insurance, health insurance, unemployment insurance for employees;
  • Build salary scales and welfare regimes in accordance with Vietnamese law;
  • Declare and pay personal income tax for employees;
  • Apply for a work permit for foreign workers…

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.

Benefits when using our salary, insurance, and labor consulting services for representative offices

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:

  • Save time and costs: Offices can focus on business instead of solving complex problems.
  • Reduce legal risks: Legal experts help ensure compliance with regulations and avoid violations of regulations.
  • Optimize personnel costs: Support the development of a reasonable salary and bonus regime, both protecting employee rights and saving costs for the company.
  • Resolve problems quickly: Can promptly handle situations that arise in human resource management.
  • Update new information: Update and notify customers about changes in laws related to salary, insurance, and labor.

Using consulting services will help customers optimize costs and human resources, helping customers focus on development in a safe and professional legal environment.

 Benefits of using in-depth consulting
Benefits of using in-depth consulting

Some notes on salary, insurance, and labor consulting activities for representative offices

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:

  • Provide complete information: It is necessary to provide detailed information about the personnel structure and compensation regime so that consultants can come up with appropriate solutions.
  • Information security: Sign a confidentiality agreement with the consulting unit to protect sensitive personnel information.
  • Update the business situation: Timely notification of changes in organizational structure and personnel policies to adjust consulting plans.
  • Consult with employees: Listen to employees’ opinions when applying recommendations from consultants to ensure feasibility.
  • Check legality: Verify the legality of proposals before implementation, especially related to employee rights.
  • Periodically evaluate effectiveness: Carry out periodic evaluations of consulting solutions to make timely adjustments.

By following these notes, representative offices can optimize benefits and ensure compliance with Vietnamese laws.

Some notes need attention
Some notes need attention

Consulting services on salary, insurance, and labor for representative offices in Long Phan

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:

  • Consulting on building salary, bonus and welfare regimes according to Vietnamese law;
  • Instructions for registering and implementing social, health and unemployment insurance regimes;
  • Consulting on the rights and obligations of employees and employers;
  • Support in negotiating and resolving arising labor disputes;
  • Evaluate and optimize costs related to human resources and benefits;
  • Consulting on drafting, signing and terminating labor contracts with personnel at representative offices;
  • Representative to resolve labor disputes (if any).

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.