VIETNAM – Intra Company Transfere’s may apply for exemptions from work permits

What is the change? Certain highly skilled intra-company transfers (ICTs) are now able to apply for exemptions from work permits. What does the change mean? Foreigners who hold managerial positions or are experts, specialists or technicians in their field may apply for the exemptions, provided they work in one of 11 specified service sectors and have worked at a related foreign company for one year before secondment to Vietnam. Implementation timeframe: 22. Visas/permits affected: Work permits. Who is affected: Certain highly skilled foreign nationals applying for intra-company transfers to work in Vietnam. Impact on processing times: Vietnamese authorities have not set standards for processing times for the exemptions; however, longer processing times should be expected in the first few months of implementation. The required time will likely decrease as the process becomes more streamlined. Business impact: The change should make it easier for companies to transfer certain employees to Vietnam. Next steps: Applications can be filed beginning Dec. 22. Background: Vietnam’s Ministry of Industry and Trade issued Circular 41/2014/TT-BCT on Nov. 5, spelling out the requirements for work-permit exemptions for intra-company transfers. The exemptions are available to foreigners who hold managerial positions or are experts, specialists or technicians in their field. In order to be eligible, the applicant must have worked at a related foreign company for one year before secondment to Vietnam. The Vietnam-based company also must be in one of 11 service sectors specified in Vietnam’s World Trade Organization commitment. The 11 sectors cover services in business; communications; construction and engineering; distribution; education; the environment; finances; health and social work; tourism and travel; recreation, culture and sport; and transportation. While some delays should be expected as the program is implemented, the change should ultimately make it easier for companies to transfer highly skilled employees to Vietnam. The new rules also ease documentation requirements. Consular legalization is not required (as it is for work permits), but any document issued in a foreign language must still be notarized and translated into Vietnamese. Applications can be filed at provincial offices of the Department of Labor, Invalids and Social Affairs. If the department rejects an application, appeals can be filed at the Ministry of Industry and Trade. Requests for appeals will receive a response within five working days. BAL Analysis: Those planning an intra-company transfer to Vietnam should consider applying for the work-permit exemption. They should be prepared for possible delays, however, especially in the early stages of the program

1.9kSHARESFacebookTwitter What is the change? Certain highly skilled intra-company transfers (ICTs) are now able to apply for exemptions from work permits. What does the change mean? Foreigners who hold managerial positions or are experts, specialists or technicians in their field may apply for the exemptions, More...

by Administrator | Published 2 years ago
THE PHILIPPINES: (Dec. 9, 2014) Government offers monetary rewards for turning in visa violators
By Administrator On Wednesday, December 10th, 2014
0 Comments

THE PHILIPPINES: (Dec. 9, 2014) Government offers monetary rewards for turning in visa violators

1.9kSHARESFacebookTwitter What is the change? As part of an ongoing effort to track foreign nationals and deport immigration violators, the government is offering More...

SINGAPORE: (Nov. 21, 2014) Changes in work authorization impact some foreign spouses
By Administrator On Tuesday, November 25th, 2014
0 Comments

SINGAPORE: Changes work authorization rule for foreign spouses

1.3kSHARESFacebookTwitter   What is the change? Beginning next year, foreign spouses of Singapore citizens and permanent residents on Long Term Visit Passes may More...

Singapore-26-300x147
By Administrator On Monday, August 4th, 2014
0 Comments

SINGAPORE: Employers must document job interviews with Singaporean candidates

1.4kSHARESFacebookTwitter What is the change? Under the new Fair Consideration Framework, employers who sponsor foreign workers for Employment Passes will be asked More...

Singapore13-300x199
By Administrator On Monday, July 21st, 2014
0 Comments

SINGAPORE: New Exemptions For Employers Preparing for Upcoming Job Posting Requirements

1.8kSHARESFacebookTwitter   When new advertising requirements for employment passes take effect this August, companies sponsoring foreign nationals for intracompany More...

788238-110831-foreign-students
By Administrator On Saturday, July 12th, 2014
0 Comments

SINGAPORE: MOM reminds employers to register for Jobs Bank account

1.6kSHARESFacebookTwitter  What is the change? In anticipation of the new Fair Consideration Framework, the Ministry of Manpower (MOM) is reminding employers to More...

Singapore5-300x199
By Administrator On Thursday, July 18th, 2013
2 Comments

Singapore: Company Turnover Data Required to Sponsor Work Passes from August 1

1.8kSHARESFacebookTwitter From August 1, 2013, employers are required to update their company’s last three years of financial turnover data in the Employment Pass More...

Philippines-Manila-300x199
By Administrator On Tuesday, July 9th, 2013
2 Comments

Philippines: More Work Authorization Categories Require Tax ID Number

1.4kSHARESFacebookTwitter Applicants for the Special Work Permit and the Regional Operating Headquarters work visa will soon be required to obtain a Taxpayer Identification More...

800px-Aerial_view_of_the_Civic_District_Singapore_-_20110224-300x199
By Administrator On Wednesday, July 3rd, 2013
2 Comments

SINGAPORE: Increased Restrictions on Foreign Workers Start July 1

1.3kSHARESFacebookTwitter On July 1, the Ministry of Manpower (MOM) will introduce several changes originally announced in February as part of an effort to reduce Singapore’s More...

Professional Registry Of Verified Employees

free hit
counters