LABOR EXPORT COMPANIES SHALL CONTRIBUTE VND 150,000/WORKER/CONTRACT TO THE FUND FOR OVERSEAS EMPLOYMENT SUPPORT
This content is prescribed in the Prime Minister’s Decision No. 40/2021/QD-TTg dated December 31, 2021, on the Fund for Overseas Employment Support.
The Fund for Overseas Employment Support (hereinafter referred to as the Fund) under the Ministry of Labor, Invalids and Social Affairs aims to support the market development, stabilization and expansion; prevent, minimize and manage risks for workers and enterprises; protect legitimate rights and interests of workers.
According to this Decision, enterprises providing the service of sending Vietnamese workers abroad as guest workers shall contribute VND 150,000/worker/contract to the Fund. Enterprises may conclude these contributions into their expenses for sending workers abroad.
For guest workers, the contribution still remains the same as VND 100,000/person/contract. Workers may directly contribute in cash to the Fund or transfer a contribution to the Fund within 3 days before exiting the country or within 5 working days after receiving the notice of approving the contract registration from the competent State agency, in case of signing labor contracts after exiting the country.
In case the worker makes contribution via an enterprise, organization or individual sending him/her abroad, such organization or individual shall collect and transfer his/her contributions of a month into the Fund’s account, no later than the 10th of the following month.
This Decision takes effect on February 21, 2022.
