Package insurance services for businesses in Vietnam

Explore comprehensive package insurance services for businesses that safeguard your assets and enhance operational resilience. Participating in social insurance is a mandatory obligation of enterprises operating in the territory of Vietnam. If your business is having difficulties in settling social insurance books, paying unemployment insurance, health insurance for employees,… please contact us – Viet An Tax Agent to better understand the package insurance service for businesses.

Regulations on the latest social insurance premium rates

According to the latest regulations on Vietnam’s social insurance law, the level of social insurance participation for enterprises and employees remains at 32%, of which enterprises pay 21.5% and employees pay 10.5%. Concrete:

• The social insurance payment rate is 25.5%, of which: Employees pay 8%, employers pay 17.5%.
• The health insurance payment rate is 4.5%, of which: Employees pay 1.5%, employers pay 3%.
• The unemployment insurance payment rate is 2%, of which: Employees pay 1%, employers pay 1%.

Introduction to package insurance services for businesses

At Viet An Tax Agent, we provide a full package of insurance services for businesses:

• First-time social insurance registration service for newly established enterprises.
• Social insurance explanation services for the managing social insurance agency if requested.
• Social insurance dossier tracking service for businesses.
• The service of making dossiers to transfer the area of social insurance payment for enterprises.

Documents to be provided when using package insurance services for businesses

• A copy of the business registration license.
• List of workers applying for social insurance books.
• Photo of ID Card of employees participating in social insurance.
• Employee payroll of the business from the first day of establishment.
• The employee’s social insurance code (if any).

Procedures for package insurance services for businesses at Viet An tax agent

Step 1: Receive documents and survey documents to participate in social insurance for the first time

If your unit is eligible to register for social insurance for the first time, then it is necessary to prepare some of the following contents:

Synthesize and record the employee’s social insurance number in case the employee at your unit already has a social insurance number.

Prepare a declaration form according to form TK1-TS for first-time social insurance participants.

Viet An Tax Agent will prepare a set of registration dossiers on behalf of your unit to adjust the social insurance payment rate according to regulations.

Step 2: Submit the completed dossier

After preparing a complete set of social insurance dossiers, our unit will submit through 1 of the following 3 forms:

• Social insurance declaration software of the enterprise.
• Make an electronic signature through the dossier and send it to the social insurance portal.
• Apply via public postal service.

Step 3: Wait and confirm the result

After submitting the application, the result of participating in social insurance will be notified from 5 to 15 working days. After that, businesses and employees will receive social insurance books at the dossier return department from the social insurance agency or postal service.

Commitment of Viet An tax agent

We commit to customers using package insurance services for businesses at Viet An tax agent:

• Commitment to quality: Viet An Tax Agent has a team of experts with extensive knowledge and professional expertise, ready to support businesses comprehensively, bringing absolute peace of mind.
• Effective answers: If your business has any questions during the process of using the service, please contact the customer service department of Viet An tax agent for timely advice and support.
• Fast implementation process: Ensure that the process of processing insurance documents of enterprises is carried out correctly and quickly according to the time in the signed contract.
• Reasonable cost: Depending on the business registration address of the enterprise, Viet An tax agent will have a general quote for each region.

Some frequently asked questions

What items does social insurance include?

According to the provisions of the Law on Social Insurance of Vietnam, social insurance is required to have all 5 important items: Sickness, maternity, occupational accident, retirement, survivorship.

Who is eligible for compulsory social insurance?

According to the provisions of the Law on Social Insurance of Vietnam in 2014, the subjects participating in compulsory social insurance include: Employees who are Vietnamese citizens and employees who are foreign citizens living and working in Vietnam.

Please contact Viet An Tax Agent for more advice and answers if you need to use package insurance services for businesses.