Many enterprises in Vietnam will have to amend their labor regulations starting January 1, 2021. This is one of the impacts of the 2019 Labor Code on enterprises nationwide since this Law officially came into effect.
To ensure the enterprise's operations conducted smoothly and in compliance with legal regulations, Lawnet has summarized the legal tasks that an accountant of an enteprise in Vietnam needs to perform in August 2020 as follows:
M&A is understood as the activity of acquisitions and megers of enterprises. This term is an abbreviation of Mergers (Sáp nhập) and Acquisitions (Mua lại). The M&A Law in enterprises are currently not specifically regulated by law in Vietnam.
Currently, many enterprises in Vietnam apply monetary fines or wage deductions when an employee violates labor regulations or work rules. According to legal provisions, are enterprises in Vietnam allowed to deduct employees' salary?
This is a right that employees in Vietnam need to be aware of when the employer delays payment of salaries from the 15th day onward, as stipulated in the Labor Code 2019.
According to the regulations, enterprises operating in industries with a high risk of occupational accidents and diseases in Vietnam are allowed to apply a mandatory social insurance contribution rate lower than the standard rate. In which cases are enterprise eligible to contribute at a lower rate?
After being granted the Certificate of Business Registration, the enterprise needs to complete additional procedures to commence its operations. Below are 07 tasks to complete after establishing an enterprise in Vietnam.
Circular 48/2023/TT-BCT provides regulations on the list of fields under the management scope of the Ministry of Industry and Trade of Vietnam and the period during which individuals holding positions of authority in those fields, after leaving their positions, are prohibited from establishing, holding titles, or managing private enterprises, limited liability companies, joint-stock companies, partnerships, or cooperatives.
Are enterprises in Vietnam allowed to delay the payment of salary and Tet bonuses to employees? What are the fines imposed on enterprises in Vietnam for delayed payment of salaries and Tet bonuses? - Bao Tran (Hai Duong)
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