Hire Globally, Pay Locally, Expand Effortlessly
Source: https://ins-globalconsulting.com/countries/vietnam/peo/

Hire Globally, Pay Locally, Expand Effortlessly

Vietnam is a rapidly expanding country that’s usually tipped to be the next big target market for companies worldwide. Since the 1980’s its economy has opened, and many companies now seek to enter Vietnam to make the most of the massive opportunities it presents.??

As a safe and simple way to offer compliance-assured HR functions for employees in an overseas target market, a PEO in Vietnam or a Professional Employer Organization?gives companies a way to hire and manage employees in less than 48 hours.

An Employer of Record in Vietnam?offers employment outsourcing solutions to take care of HR and administrative responsibilities and streamline the global expansion process.

While the growth has been impressive, regulatory and administrative hurdles still exist and pose a significant difficulty for prospective businesses. That is why many turn to local PEOs to aid their market entry and give themselves a sense of assurance regarding regulatory compliance.??

5 Benefits a Vietnam PEO Can Give You

Legal Regulatory Compliance

A PEO allows you access to a team of legal experts specialized in your target market, meaning you’re covered from day one from any potential regulatory problems?

Flexibility

By using a PEO service, you massively reduce your initial setup time and costs, allowing you far more freedom to approach operations in Vietnam in the way you see fit??

Support Whenever/Wherever

Receive support and guidance 24/7 from your single point of contact who’s only ever a phone call or email away wherever you are in the world?

Accelerated Market Entry

Company Incorporation in a new market can take months, but a PEO requires only a few days to begin operations?

A Range of Potential Services

PEOs offer HR support for whatever you need, including payroll, recruitment, tax compliance, contractor management, etc.?

Why Choose a Global PEO Over Company Incorporation?

Establishing a new company in a foreign market can be a seriously troublesome prospect. More than a hassle, the potential delays and costs come at a time when you need to be thinking first and foremost about your success.?

A PEO in Vietnam allows you to get your employees started in a matter of days, so you don’t have to spend months understanding complex and unfamiliar local business and labor regulations.??

  • Gives you a sense of security that comes from assured legal compliance?
  • Gets you started in your target market in a matter of days?
  • Increases your ability to avoid fines and fees?
  • Provides you with a partner that understands the target market?

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