The Right Way to Set Up Your Tax & Accounting Operations in Vietnam

While expanding one’s business in Vietnam, an investor should stay updated on the prevailing accounting and Taxes regulations and setup options. Failing to do so would have legal as well as financial repercussions. Thus, a foreign investor must keep abreast of the latest amendments in tax policies. As you plan to set up your accounting … Continued

After Company Incorporation in Vietnam, What’s Next?

Once you have completed incorporating a company in Vietnam, the Vietnamese government expects you to go through certain necessary processes. Your company must also comply with Vietnamese laws throughout business operations. Here is a guide to ensure your continued success in your venture into South East Asia’s top emerging economy. Let’s start with some of … Continued

Tips for Hiring a Software Developer in Vietnam

Currently, there is a strong demand for Information Technology (IT) professionals in Vietnam due to its flourishing digital and IT landscape. In 2019, companies in Vietnam required approximately 63,000 IT positions to be filled, especially in areas such as data science, artificial intelligence, cybersecurity, and big data. Indeed, demand grew 56% over the previous year … Continued

How Can a Business Agreement in Vietnam Become Invalid?

When doing business in Vietnam, many circumstances will require a business agreement. The most common business agreements found in Vietnam are employment agreement, shareholder agreement, investment agreement, non-disclosure agreement, and sales and services agreement. Many factors can cause a contract to become invalid. That’s why a professional legal consultant or specialist is mandatory. Read About … Continued

The Importance of Legal Consultation for Your Business in Vietnam

Starting and running a business in Vietnam has its fair share of challenges and obstacles. Sometimes, unfortunately, you may run into compliance issues. This is the reality: a business, regardless of its size, can encounter different legal complications during its operations. Read More about Cekindo’s Business Process Outsourcing Services, Including Legal Compliance Therefore, having proper … Continued

Guide to Corporate Secretarial & Compliance Services in Vietnam

Corporate secretarial includes minute preparation, company resolutions, local compliance updates, meeting report deadlines, and all other administrative operations that support business charter duties and local regulations.

HR Outsourcing and How It Benefits Foreign Business Operations in Vietnam

With Human Resources being one of the most undervalued departments within many businesses around the world, including in Vietnam, it is important to notice how the position of this function can have an extensive impact on your business. Going about it the right way can contribute to massive cuts to your overhead costs, especially in … Continued

Vietnamese government provides financial rental support for employees

The Vietnamese government has enacted Decision No. 08/2022/DQ-TTg on “Implementing rent support policies for employees” to support members of the workforce that are living in rented properties. This is a part of the fiscal and monetary policy that was introduced on Jan 2022. Are you a foreigner doing business in Vietnam? Our business setup checklist … Continued

Vietnam’s Minimum Wage to see 6% Increase from July 2022

In order to combat rising inflation rates as well as consequences of the Russia-Ukraine war such as supercharged gas prices, the Vietnamese government has issued Decree 38/2022/ND-CP for statutory minimum wage adjustments.  The Prime Minister, working alongside the Ministry of Labor, War Invalids and Social Affairs, has just announced this change during a dialogue program … Continued

Update: Hire and Pay an Employee with HR Outsourcing in 2022

Having concise information on how to hire and pay your employees is crucial to ensure the success of your company. This article will take you through the essentials of hiring an employee in Vietnam and the specifics of paying them. Requirements to Start Hiring Labor In recent years, the number of foreign employees arriving in … Continued