12:57, 10/07/2024
In order to assist our Customers and Members in understanding the current legal regulations regarding social insurance to ensure their rights, Lawnet would like to summarize all types of income subject to compulsory social insurance contributions and those not subject to contributions of employees in 2020 in Vietnam in the table below.
Article table of contents
THE MANDATORY SOCIAL INSURANCE CONTRIBUTION RATES FOR EMPLOYEES IN 2020 IN VIETNAM
| No. | INCOME ITEMS |
|---|---|
| Income subject to social insurance contributions in vietnam | |
| 1 | Salary |
| 2 | Position and title allowance |
| 3 | Responsibility allowance |
| 4 | Heavy, hazardous, and dangerous work allowance |
| 5 | Seniority allowance |
| 6 | Regional allowance |
| 7 | Mobility allowance |
| 8 | Similar allowances |
| 9 | Other specific additional amounts determined in accordance with the agreed salary in the labor contract and regularly paid in each salary period |
| Income not subject to social insurance contributions | |
| 1 | Bonuses based on business performance and the completion of work by employees |
| 2 | Initiative bonuses |
| 3 | Meal allowances |
| 4 | Fuel allowances |
| 5 | Telephone allowances |
| 6 | Transportation allowances |
| 7 | Housing allowances |
| 8 | Childcare allowances |
| 9 | Small child support |
| 10 | Support upon the death of employees' next of kin |
| 11 | Support upon employees' relatives' marriage |
| 12 | Birthday gifts for employees |
| 13 | Support for employees in difficult circumstances due to occupational accidents |
| 14 | Support for employees in difficult circumstances due to occupational diseases |
| 15 | Other additional support and allowances specified as separate items in the labor contract |
For detailed information on mandatory social insurance contribution rates for employees in 2020 in Vietnam, CLICK HERE.
Legal references:
- Circular 47/2015/TT-BLDTBXH;
Nguyen Trinh
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