HCMC TAX DEPARTMENT GUIDELINES FOR PIT FINALIZATION IN 2022
I.  TAX PAYER WHO NEED TO DO THE PIT FINALIZATIONA. For person who do the finalization directly with Tax departmentIndividuals who have 02 sources of income (or more) that not meet the requirement of authorization, must process the PIT finalization directly with Tax department if having additional tax payable or overpaid tax amount, request refund...
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EXPIRY COMING SOON: Report on Occupational Accidents in the first 6-months of 2022
Comply with the provisions of the Law on Occupational Safety and Health on statistics and reports on occupational accidents and technical incidents causing serious occupational safety problems and detailed regulations of the Government, the Ministry of Labor, War Invalids and Social Affairs on the implementation of articles of the Law on Occupational Safety and Health.The...
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EXPIRY COMING SOON: Report on using the foreign labor
According to Decree 152/2020/NĐ-CP on December 30th, 2020 about foreign employees who are working in Vietnam and recruitment, management local employees who are working for foreign enterprises in Vietnam.To implement in accordance with the law of report on using foreign employee, Department of Labour, War invalids and Social affairs (Labor department) require enterprises to do...
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Conditions and rates of pensions for foreign workers in Vietnam
1. Foreign employees eligible for pension in Vietnam According to Clause 1, Article 2, Clause 1, Article 9 Decree 143/2018/ND-CP, foreign employee who are entitled to pension when working in Vietnam includes:Foreign citizens working in Vietnam;Subject to participation in compulsory social insurance when having a work permit or a practicing certificate or a practicing license issued...
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3 things to know about foreign investors buying shares, contributing capital,  or portion of capital contribution into Vietnam
Currently, many foreign investors (FI) buy shares, contributed capital, and a portion of capital contribution in Vietnam, and in certain cases, when FI invest in Vietnam must carry out this procedure at a competent authority.  1. Forms of contributing capital, purchasing shares, and the portion of capital contributionIn Article 25 of the Investment Law 2020,...
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WHAT ARE THE SIMILARITIES AND THE DIFFERENCE BETWEEN A VISA AND A TEMPORARY RESIDENCE CARD IN VIETNAM?
Visa and temporary residence card are two types of important documents that any foreigner who wants to enter Vietnam to work, study or live must apply (Except for specific circumstances that are exempt).However, many people wonder: what are the similarities and the difference between a visa and a residence card in Vietnam? In which instances do you...
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INCREASED FINES FOR MANY VIOLATIONS RELATED TO COMPULSORY SOCIAL INSURANCE, UNEMPLOYMENT INSURANCE
The Ministry of Labor, War Invalids, and Social Affairs is drafting a Decree regulating penalties for administrative violations in the field of labor, Social Insurance (SI), and sending Vietnamese employees to work abroad under the contract (replacing Decree 28/2020/ND-CP): ► Violation of regulations on payment of compulsory SI and unemployment insurance (UI):: A punitive fine ranging from...
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NEW UPDATE: DOCUMENTS, PROCEDURES FOR GRANTING THE JUDICIAL RECORD CERTIFICATE FROM 01/07/2021
The latest regulation of the Residence Law 2020 has officially abolished the paper-record of household registration book and the temporary residence book in the management of the residence. Accordingly, the procedure for requesting a judicial record certificate No. 1, effective from July 1, 2021, has changed and is simpler than before. A.  Procedure:1.  Submit your application...
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THE VIETNAM SOCIAL INSURANCE AGREES FOR EMPLOYEES TO BE EXEMPTED FROM PAYING INTO THE HEALTH INSURANCE FUND FOR 8 MONTHS
The Vietnam Social Insurance (SI) agrees with the proposal of the Vietnam General Confederation of Labor (VGCL) for employees to be exempted from paying into the Health Insurance (HI) Fund from June 2021 to January 2022.After VGCL reported on a new support package for employees and businesses affected by the Covid-19 epidemic, which recommends the...
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