As global hiring evolves, companies are increasingly seeking solutions that extend far beyond payroll processing. A 360° Employer of Record (EOR) solution offers a comprehensive model that supports sustainable expansion by combining compliance, HR management, contract oversight, benefits administration, and risk mitigation under one trusted partner.
Vietnam’s regulatory landscape is one of the key challenges foreign employers face. Social, health, and unemployment insurance (SHUI) contributions total 21.5% for employers and 10.5% for employees, bringing the combined statutory burden to 32%. Companies may also incur a 2% trade union fee, depending on their business classification. Miscalculations or late payments can trigger administrative fines and payroll audits.
Personal Income Tax (PIT) compliance poses another potential risk: late filings may result in penalties of up to 25 million VND, in addition to 0.03% daily interest on outstanding tax amounts. Foreign talent management also requires careful navigation of work-permit regulations, which have tightened further in 2025.
A 360° EOR model eliminates these barriers by becoming the legal employer on your behalf. Beyond payroll, the EOR manages:
- Labor-law compliance across every stage of employment
- Onboarding and contract administration aligned with local regulations
- Social insurance, PIT, and statutory filings
- Localized benefits and HR support to improve retention
- Termination procedures to prevent disputes and legal exposure
This integrated approach enables companies to expand into Vietnam in weeks, rather than months, while keeping legal and financial risks low. More importantly, it allows leaders to focus on growth—not administrative complexity.
For businesses seeking a compliant, scalable, and cost-efficient entry into Vietnam, Cake Vietnam’s 360° EOR service provides end-to-end support, ensuring seamless hiring and sustainable long-term expansion.
Explore how Cake Vietnam’s EOR solution can accelerate your growth with confidence.
