Introduction to Our Payroll Services
As an outsourcing firm, we offer comprehensive payroll services designed to assist your company in managing its employment obligations. Our services are efficient, accurate, and compliant with all legal requirements, allowing you to focus on your core business activities. Our payroll services include monthly payroll process steup, reviewing employment agreement under Vietnam labor code, preparation of monthly payslip templates, calculation of employment obligations, declaration of Social Insurance, Health Insurance, and Unemployment Insurance (SIHIUI), Personal Income Tax (PIT) filing, and preparing employment reports.
Our team of experts will work with you to understand your company’s compensation and benefits policy, and provide support with monthly payroll processing. Based on provided from your end such as monthly attendance records and timesheets, OT records, we shall calculate each employee’s income net received income, including total income in month, taxable income, social insurance, health insurance, and unemployment insurance obligations and final net received income of each employee. Our team is well-versed in Vietnamese labor laws and regulations, ensuring that your company is compliant with all legal requirements.
We will also prepare detailed calculations of obligations for each employee, as well as a summary of total employment obligations for management purposes. Our payroll processing services are designed to be accurate, timely, and efficient, allowing you to focus on your core business activities.
Payroll Process Setup
Our team will support your company in setting up an appropriate payroll template in conformity with your internal policy and Vietnamese practice requirements. We understand that each company has unique payroll requirements, and we will work with you to design a payroll process that meets your specific needs. Our experts will provide guidance on payroll processes, including attendance tracking, timesheet submission, and payroll calculation. We will also ensure that your payroll process is compliant with all legal requirements.
Reviewing employment agreement under Vietnam Labor Code
Our team of experts will review your employment agreements under Vietnam Labor Code to ensure compliance and accuracy. With our payroll services, you can rest assured that your employees will be paid on time and in compliance with all local regulations.
Prepare Monthly Payslip Templates
We will prepare monthly payslip templates for your company’s review and approval, and facilitate distribution to your employees. Our payslip templates are designed to be easy to read and understand, ensuring that your employees can quickly and easily review their payroll information. We will also ensure that all necessary information is included in the payslip templates, including personal income tax, social insurance, health insurance, and unemployment insurance obligations.
Calculation of Employment Obligations
Our team will provide you with accurate and timely calculations of your company’s employment obligations on a monthly basis. We will calculate the personal income tax, social insurance, health insurance, and unemployment insurance obligations for each employee, as well as final obligations for each resigned employee, including severance allowance, wages for unused leave days, and more. We will also provide a summary of total employment obligations for management purposes.
Declaration of Social Insurance, Health Insurance, and Unemployment Insurance (SIHIUI)
Our team will assist your company with registration for a token used for on-line submission of SIHIUI, and prepare application dossiers for the registration both in Vietnamese and English. We will submit the application dossiers together with supporting documents to the relevant authorities/organizations and obtain and deliver the relevant results (if any) to your company for information and application. Our experts will ensure that all necessary information is included in the application dossiers, and that all requirements are met.
We will also obtain information from your company for SIHIUI declaration purposes, prepare declarations for SIHIUI, and the claim forms for sick leave and maternity leave allowances for your Vietnamese employees on a monthly basis or each time of arising based on the documents provided by your company. Our experts will ensure that all declarations are accurate and complete, and that all legal requirements are met.
Personal Income Tax (PIT) Filing
We will manage PIT declaration and finalization under your company’s tax code for employees having only one source-income from the Company. Our experts will ensure that all necessary information is included in the PIT declarations, and that all legal requirements are met. We will also provide guidance on PIT filing requirements, including deadlines and documentation.
Prepare Employment Report
Twice a year, we will prepare the employment report according to Clause 2, Article 4 Decree 145/2020/ND-CP dated 14 December 2020 of the Government with the data provided by your company. We will prepare the report in compliance with all legal requirements and send it to your company for review and submission to the Labor Authority.
In summary, our payroll services are designed to be comprehensive, accurate, and efficient, allowing you to focus on your core business activities. We are committed to providing high-quality services that meet your unique needs, and we strive to exceed your expectations. Please contact us to learn more about our payroll services and how we can support your company’s employment obligations.
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