Payroll Service in Vietnam
Outsource Your Payroll in Vietnam Easily and Efficiently
Most companies in Vietnam usually outsource their payroll because of two reasons. The first reason is to be cost-effective and second reason is because of complex local laws. Instead of having an HR department, NNRoad will act as the HR department of your company by offering customized solutions for your payroll needs. We will take care of all payroll and HR-related services. In this situation, you only need to collaborate with NNRoad instead of setting up the whole HR department. Second, we have local experts who have many years of experience working in this field to support your company to make sure your company follows Vietnamese labor laws and regulations to avoid costly penalties.
NNRoad’s Payroll and Benefits Services in Vietnam Includes:
- Registering the necessary company and personnel information for payroll calculation in the payroll software and system.
- Calculation of gross salary, salary deductions (e.g. statutory benefit deductions, unpaid leaves, etc.), and net salary based on information provided by the Company including irregular payments such as incentive/bonus, commission, allowance, severance, retirement payment, etc.
- Providing a monthly payroll summary to the Company.
- Expense claim validation and calculation.
- Payroll disbursement – Issue payment notice to the Company for payroll distribution to employees and employee’s expense claim; release e-payslip to employees and disburse salary to employee’s account.
- Prepare annual payroll related reconciliation report.