Vietnam Employer of Record (EOR)

Vietnam Employer of Record (EOR) Services

• Employee Onboarding and Management: We handle the onboarding of your employees in compliance with Vietnamese labor laws, including contracts, payroll setup, and benefits administration. We manage all aspects of the employment lifecycle.
• Payroll Processing: We accurately process employee salaries, calculate and withhold taxes, and ensure timely payments in accordance with Vietnamese regulations.
• Benefits Administration: We administer employee benefits packages, including social insurance, health insurance, and other statutory and supplementary benefits.
• Compliance and Legal Support: We ensure full compliance with Vietnamese labor laws, tax regulations, and reporting requirements, minimizing your risk.
• HR Support: We provide HR support, including employee relations, leave management, and other HR-related services, acting as the local employer.

Benefits of our Vietnam Employer of Record (EOR) Services

• Rapid Market Entry: An EOR allows you to quickly enter the Vietnamese market without establishing a local entity.
• Reduced Costs and Risks: Minimize the costs and risks associated with setting up a foreign entity, including registration, legal, and accounting expenses.
• One-Stop Shop: We are your one-stop shop for all your Vietnam business needs, offering a wide range of services beyond just EOR.
• Dedicated Account Manager: You will be assigned one dedicated account manager who will be the first point of contact for all your Asia EOR and other business needs.

What is an Employer of Record (EOR)

An Employer of Record (EOR), also sometimes referred to as a Professional Employer Organization (PEO), is a third-party organization that assumes the legal responsibilities of an employer for your employees in Vietnam. This allows you to hire and manage staff in Vietnam without needing to establish a local legal entity. The EOR handles tasks such as payroll, taxes, benefits, and compliance with local labor laws, while you retain control over your employees’ day-to-day work and responsibilities. PEO providers typically offer three core services: contractor and freelancer management, Employer of Record (EOR) service, and payroll outsourcing.

Engage MSA for Vietnam Employer of Record Services

As Vietnam expansion and compliance experts, MSA can hire, onboard and pay your employees without the need for you to set up a local entity. This is often a cost-effective mechanism for hiring and can be a useful intermediary step before setting up a full Vietnam entity.