On 4 January 2021, the Government promulgated Decree No. 01/2021/ND-CP guiding the Law on Enterprise 2021 with respect to enterprise registration (“Decree 01”), replacing Decree No. 78/2015/ND-CP and its relevant amendments (“Decree 78”). Decree 01 sets outs guidelines on, among others, social insurance participation code of enterprises, tax code of dependent units, and application dossiers requirements.
New Decree Guiding Foreign Employees Working in Vietnam and Recruitment and Management of Vietnamese Employees Working for Foreign Organisations and Individuals in Vietnam
On 30 December 2020, the Government promulgated Decree No. 152/2020/ND-CP (“Decree 152”) regulating foreign employees working in Vietnam as well as the recruitment and management of Vietnamese employees working for foreign employers in Vietnam. Decree 152 came into effect on 15 February 2021, replacing Decree No. 11/2016/ND-CP on foreign employees working in Vietnam and Decree 75/2014/ND-CP on the recruitment and management of Vietnamese employees working for foreign organisations and individuals in Vietnam.