Vietnam | Deadline approaching soon for Semiannual Reporting of Foreign Workers

May 31, 2024 - As the July 5 deadline swiftly approaches, employers in Vietnam are reminded of their obligation to submit the semiannual report on their use of foreign national workers. This mandatory requirement aims to ensure that the Vietnamese government has accurate and up-to-date information on the employment of foreign nationals within the country.

Key Points:

• Employers must report their use of foreign workers to Vietnamese authorities by July 5.
• The report must include the use of foreign workers from December 15, 2023, to June 14, 2024.
• Violations of the established reporting requirement can result in fines for the employer.

Reporting Requirements

Employers must compile and submit detailed reports covering the period from December 15, 2023, to June 14, 2024. This report should include all foreign workers employed during this timeframe, capturing essential information to comply with the Vietnamese labor regulations.

Potential Consequences of Non-Compliance

Failing to meet the reporting deadline or inaccuracies within the report can lead to significant consequences for employers. Violations of these requirements can result in fines, adding financial burdens and potential legal complications for companies.

Action Steps for Employers

To avoid any penalties or disruptions, employers should take the following steps:

1. Review Records: Ensure all employment records of foreign workers are accurate and up to date.
2. Prepare the Report: Compile the necessary data covering the specified period.
3. Submit Promptly: Ensure the report is submitted to the Vietnamese authorities on or before July 5.

Conclusion

Compliance with the semiannual reporting requirement is crucial for businesses employing foreign workers in Vietnam. By preparing and submitting the report on time, employers can avoid fines and ensure smooth operations within the regulatory framework. It is advisable for companies to review their processes and ensure all relevant data is correctly documented and reported by the upcoming deadline.

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