We had a meeting with our management and other related parties on last week to discuss on how to manage our foreign expatriate in Vietnam appropriately and to find out what proper directions & decision for moving forward to minimize risks prior to kicking off the payroll payment in Vietnam.
We received some decision from executives regarding the working status of expatriates that they should be hired as the local hire in Vietnam, not the secondment to Vietnam. That’s mean the Vietnam Local Contracts should be prepared for them as well.
According to these expatriates sign the labour contract in Vietnam, we understand that they receive their full employment income from Vietnam Company. If this case, their PIT will need to be declared on the same PIT return with other employees of their companies. In such case, the confidentiality couldn’t be strictly maintained because of the consolidating information of all employees’s tax reports in one return is still required to be sent back to HR team for keeping records.
After filling to the Vietnam Tax Authority, could you please kindly advise to whom the tax report will be sent instead of sending directly to the HR team. How possible if we will need PwC to send back this report to our representative in Vietnam.
Looking forward to hearing your helpful advice or suggestion soon.