A new trend is that outsourcing services have gone much broader than just the accounting scope, giving the enterprise even much more time to focus exclusively on [core] business. We provide a broad variety of miscellaneous business support services, from accounting-related to non accounting-related for your Vietnam operations, as follows:
We can conduct sales invoicing on your behalf, whereby your sales staff request invoices to be raised and sent to your customers, and periodic reconciliation of receivable balances. A formal process will be established to ensure that proper processes and controls are in place and a strong audit trail will be maintained at all times.
We provide full payroll outsourcing services including: calculating salary (gross-up/net-down), deductions and reimbursements, personal income tax (PIT), social insurance contributions; arranging payment of salaries to your employee bank accounts, payment of PIT and social insurance money; and preparing and delivering payslips.
We assist with navigating through the many personal administrative tasks required of an expatriate working and living in Vietnam. We will co-ordinate with authorities and vendors for input and guide you (or your staff) through the proper processing steps relating to employment issues and other areas, given the complex business environment of Vietnam.
Major areas of support include: visas and work permits, in-country orientation, accommodation (short-term and long-term), miscellaneous support (such as health insurance registration, local driving licences, local IT support, language translation or finding work for the spouse/schools for kids, decorating their new property, registering with local sports and leisure facilities, etc.).
We provide virtual registered office address for companies to be incorporated by clients. We also function as a mailbox, forwarding and/or translating the letters’ content into English, and upon request, advising on actions to take.
We assist you with all aspects of the relocation of your corporate headquarters (from district to district within a city, from a city to another city/province), notably in working with the tax authorities and business licensing authorities (Department of Investment and Planning) for the documentation requirements. At your option, we can also assist with finding the right relocation service provider you need to ensure that the physical office move owill be conducted quickly, efficiently and cost-effectively, minimizing downtime while maximizing productivity of your business services to your customers.
Corporate compliance in Vietnam is a complex legal requirement for all Vietnam-based foreign-owned companies. The various authorities in Vietnam govern the reporting/statutory obligations of companies, in their daily operations and in cases of changes taking place within the corporate lives (changes of company name, registered office, business scope, capital base). We help businesses accomplish their compliance requirements in an efficient and timely manner.