Tax and Social Security Management
All income derived from work performed in Vietnam is subject to tax payment, regardless of payment location based on the reported monthly payroll. We shall deduct the respective tax amount each month accordingly and subsequently paid monthly to the Vietnam Tax Office.
Vietnam wages for expatriates attract an employer social security premium of 6.5% of the salary. Employee premium contribution is at 1.5% of the salary. Both contributions have a corresponding salary cap for both social and health insurances.
For locals, Vietnam wages attract an employer social security premium of 26.5% of the salary. Employee premium contribution is at 10.5% of the salary.