Employer of Record (EOR) Services in Vietnam

Using our EOR services in Vietnam allows you to access the opportunities of the Vietnamese market within days while we take care of the paperwork for hiring your workforce compliantly.

Employer of Record (EOR)

As one of the fastest-growing economies worldwide and as an upcoming leader in Asia, Vietnam offers great potential for international businesses.

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Hassle-Free Expansion

However, expanding into Vietnam and paying employees overseas can be complex and risky. By using our EOR service, we become responsible for the legal complexities, and you can focus on the many chances Vietnam has to offer.

Vietnam has a socialist-oriented economy that is mainly built on the Agriculture sector, but with successful and important Industry and Service sectors as well. The country has become an attractive destination for foreign investors due to its bright perspectives and advanced export sector.

With a tourism sector waiting to thrive in an already growing economy, Vietnam is becoming one of the most popular countries for global expansion with a broad spectrum of opportunities.

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What is an Employer of Record (EOR)?

As an EOR we conclude an agreement with both you and the employee who will be working for your company. We become the legal employer of your new workforce and are responsible for taxes, labor laws, and other local regulations that might be unfamiliar to you now. Your company maintains control over the working relationship, work ethics, tasks, and daily responsibilities of your employee.

Our EOR services in Vietnam offer our global entity network to companies considering expansion. We become your international employees’ Employer of Record, meaning that we take full responsibility for your employees’:

  • Labour contracts
  • Compliance with Vietnamese laws
  • Tax contributions (if applicable)
  • Payroll

As an Employer Of Record, we conclude an agreement with you and the employee who will be working for your company. We become the legal employer of your new workforce. Your company maintains control over your employees’ working relationships, work ethics, tasks, and daily responsibilities.

The greatest benefit of using an EOR is probably that there is no necessity for you to set-up an entity in Vietnam. This process can take months and during this period, it is unlikely that you have legal resources to pay your employees in Vietnam resulting in a considerable delay in your global expansion plans.

Global expansion is an exciting step that often leads to a growing and successful business, but the red tape in a new country can be demotivating and frustrating. Imagine a way to globally expand your business without red tape and at low costs: that is what working with an EOR can do for you.

By letting us take care of the hard part, you can focus on the great part: expand your business into Vietnam. These are the aspects we can take away from you:

  • Registering with the tax and social security office.
  • Immerse yourself in the local laws, customs, and regulations.
  • Get familiar with local labor benefits and other contract-related customs.
  • Approach potential employees and make them an offer.
  • Setting up the Payroll system compliantly.
  • Submitting wage tax returns and national insurance forms.
  • Staying up-to-date and compliant with changes in local regulations.
  • Worrying about whether or not you are working compliantly with all laws, restrictions, and regulations.

Benefits of Using EOR Services in Vietnam

For Employers

As an employer, you are usually responsible for all legal aspects regarding your employees’ employment. In a new country, this process will probably take some more effort, but it does not have to. We have extensive experience with Vietnamese payroll, taxes, and other local laws and regulations at Bradford Jacobs.

We can help you with the following:

  • A tailored solution that fits your company’s needs and plans.

  • Local experts inform you about all you want to know about the Vietnamese market.

  • Providing EOR best practices on tax, treaties, expenses, and social security.
  • Fast-paces and efficient hiring.
  • Easy withdrawal from the market without worrying about labour contracts.

  • A hassle-free start of your Vietnamese journey within days.

Benefits of PEO services for employers

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Benefits of PEO services for employees

Keeping Your
Employees Happy

For Employees

Employees are the central core of your business. They keep the engine running; therefore, creating a stable agreement that satisfies both employer and employee is essential. As a legal employer, the EOR is responsible for keeping employees happy with the work agreement. Due to our broad network and experts, we can offer employees great benefits and a reliable, compliant employment contract.

We will make sure they enjoy the following:

  • Rapid and transparent onboarding.

  • An employment contract compliant with Vietnamese regulations.

  • A monthly agreed salary paid on time.
  • Excellent benefits such as pensions and insurance.
  • A regular point of contact.

  • Up-to-date information and consultation about changes in Vietnamese regulations.

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