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Social insurance for foreign workers in Vietnam is specifically regulated in Decree 143/2018/ND-CP. This regulation applies to foreign workers with a work permit or practice certificate and a labor contract of 1 year or more. The payment levels, participation procedures and social insurance benefits of this group of people are different from those of domestic workers. This article will analyze the relevant regulations in detail.
According to Article 2 of Decree 143/2018/ND-CP, foreign workers working in Vietnam must participate in compulsory social insurance when meeting the following conditions:
Foreign workers who are subject to compulsory social insurance will enjoy insurance benefits such as retirement, death, maternity, sickness and labor accidents – occupational diseases. However, there are some exceptions that do not require compulsory social insurance:
This regulation aims to ensure the rights of foreign workers working in Vietnam, while creating fairness between domestic and foreign workers.
According to Clause 1, Article 12, Decree 143/2018/ND-CP, from January 1, 2022, foreign workers who are required to participate in social insurance must pay 8% of their monthly salary into the pension fund. and death.
Employees who do not work and do not receive a salary for 14 working days or more in a month do not pay social insurance that month. This time is not counted for social insurance benefits, except in the case of maternity leave.
Pursuant to Article 13, Decree 143/2018/ND-CP, enterprises employing foreign workers must pay the following amounts:
However, it should be noted that businesses only pay in cases where they participate in mandatory social insurance
Procedures for participating in social insurance for foreign workers are specifically prescribed in Clause 1, Article 15 of Decree 143/2018/ND-CP. This process includes two main steps:
Step 1: Submit application
Within 30 days from the date of signing the labor contract, employment or recruitment contract, the employer must submit an application to register to participate in social insurance for foreign workers. Documents to be submitted include:
Step 2: Processing documents
After receiving all valid documents, the social insurance agency is responsible for processing and issuing social insurance cards to foreign workers within 20 days. In case the card is not issued, the social insurance agency must respond in writing and clearly state the reason.
The social insurance card is an important document for foreign workers to exercise their insurance benefits, such as medical examination and treatment, maternity benefits, or other benefits according to Vietnamese law.
Long Phan provides professional consulting services on social insurance for foreign workers. Our team of experts has a deep understanding of social insurance law and related regulations. We support businesses and foreign workers in registering, paying social insurance and resolving arising problems.
Long Phan provides the following services:
With extensive experience, we are committed to providing optimal solutions, helping businesses and foreign workers comply with legal regulations on social insurance, while protecting the rights of related parties.
Regulations on social insurance for foreign workers in Vietnam are quite complex and change frequently. To ensure legal compliance and protect your rights, customers need professional support. Long Phan is ready to provide comprehensive consulting services on this issue. Please contact us immediately via hotline 0906735386 for timely and effective support.
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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