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tareze
Joined: 12 Mar 2005
Posts: 1
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 Posted: Fri May 18, 2007 7:28 am Post subject: Business visa..? |
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So. I'm new to Vietnam and it's immigration practices, tho not to overseas teaching... If an employer is getting me a 'business visa' what exactly does that mean? It's not a work permit right? I assume that since I haven't done a criminal background check.
Am I still subject to the 25% tax working on a business visa? Is this legal? I've been offered a 3 month gig.
Sorry if these are already answered questions!! I searched but couldn't find the topic so please feel free to direct me to a thread!
Thanks~ |
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harold
Joined: 18 Jan 2007
Posts: 15
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| Posted: Sun May 20, 2007 6:05 am Post subject: |
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the whole 25% thing depends on the school, you can see my post below for some opinions about that. but if it's taken, you won't get it back in three months. most schools negotiate a net wage per hour (after tax) and i would use that figure with the school when talking about money.
if your employer says the business visa is okay, i would just move forward with that. |
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ChuckECheese
Joined: 28 Jul 2006
Posts: 216
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| Posted: Tue May 22, 2007 4:06 am Post subject: |
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| harold wrote: |
the whole 25% thing depends on the school, you can see my post below for some opinions about that. but if it's taken, you won't get it back in three months. most schools negotiate a net wage per hour (after tax) and i would use that figure with the school when talking about money.
if your employer says the business visa is okay, i would just move forward with that. |
Yep, most schools now don't even bother with WP crap. It's too much of hassle for both schools and teachers. So, they opt to go with three month contract as the OP has mentioned. If the three month contract runs out, you and the school just have to renew every three months. It's perfectly legal.
And as for the 25% tax for newbies, I agree with the previous poster. Everything is negotiable in VN. So negotiate, negotiate, negotiate....
And it is important to note that not all of your salary is taxable. First 8 million VND ($500) is non-taxable. Every thing above 8 million VND will be taxed at 10% for the people who lived in VN for over 6 months.
Example: If you made 25 million VND this month. Subtract 8 million from it which leaves 17 million VND taxable.
17 million X 10% = 1.7 million will be your tax. |
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