THE SOCIAL INSURANCE FOR FOREIGN WORKER
COMPLIANCE WITH REGULATIONS ON ELECTRONIC INVOICE FROM NOVEMBER 01, 2020
05/10/2018
INCREASING REGION-BASED MINIMUM ON 01 JANUARY 2019
20/12/2018THE SOCIAL INSURANCE FOR FOREIGN WORKER
I. Workers who are foreign citizens moving to Vietnam for employment shall participate in insurance in the following cases:
1. The foreign workers who work in Vietnam and obtain work permits or practicing certificate or license issued by the Vietnamese competent authorities; and
2. Foreign workers who work under labor contract without definite-term, labor contract whose term is at least 01 year with Vietnamese employer.
II. Please note that both Company and Employees shall exempt from insurance when:
1. The worker is internally reassigned in the company;
2. The worker who meets the conditions of the age of retirement in accordance with clause 1 Article 187 of the Labor Code; or
3. The worker who does not work and receive salary for at least 14 working days in a month.
III. Levels of Payment:
|
TIME |
THE EMPLOYER |
THE FOREIGN EMPLOYEE |
|
|
LEVELS OF PAYMENT |
From December 1st, 2018 |
|
|
|
From January 1st, 2022 |
|
|
