Human Resources and Payroll Services

Setting up payroll processing:

• Defining the list of allowances and overtime payments payable to employees – defining the format of standard reports to be generated (e.g. pay slips, bank transfer files)
• Determining the format of optional reports to be created (GL reports to upload to business accounting software,… if any).

Payroll calculation table:

• Converting from Net to Gross salary on the monthly payroll file including all salary components for each employee, mandatory benefit contributions, personal income tax payable and other information (if necessary). From the payroll file, businesses will also be able to view the total amount of personal income tax and insurance payments that must be prepared to be paid to state agencies;
• Determining global income, recalculate personal income tax according to Vietnam Tax Law, request tax deduction from salary;
• Procedures for monthly salary payment to employees.

Other services related to Human Resources and payroll

• Establishing HR admin
• Compliance with Social, Health and Unemployment Insurance (SHUI) guidelines;
• Annual labor report.