Decree No. 52/2014/ND-CP dated May 23, 2014 of the Government defining conditions, procedures for grant of permits for employment service activities of enterprises engaged in employment service activities

ENTERPRISES ENGAGED IN EMPLOYMENT SERVICE ACTIVITIES MUST DEPOSIT VND 300 MILLION

In accordance with the Decree No. 52/2014/ND-CP dated May 23, 2014 of the Government defining conditions, procedures for grant of permits for employment service activities of enterprises engaged in employment service activities, enterprises must deposit VND 300 million in a commercial bank where enterprises open its main account to deal with the risks and compensations in the course of operating job service activities of enterprises.

Besides, location of head offices, branches of enterprises must be stable and they must be located for three years or longer; If the offices are under the ownership of person who registers the business registration certificate, the dossier of application for permits must contain all valid papers; If the offices are rented, it must contain the house lease contract with the validity of three years or longer; at the same time, enterprises must have the specialized organizational structure to implement employment service activities must have three officials of collegial or higher degree, who have full civil act capacity and have clear backgrounds.

To satisfy above conditions, permits for employment service activities shall be granted by the provincial/municipal People’s Committees or the Ministry of Labors, Invalid and Social Affairs that is authorized by the provincial/municipal People’s to enterprises. The maximum validity duration of permits is five years.

This Decree also points out that enterprises engaged in employment service activities must fulfill the concluded contracts and commitments with laborers, employers, job trainees and persons who are advised, recommended; strictly complying with the regimes on finance and remittances according to law provisions and compensate for damage caused by contractual breaches; monitor the job conditions of laborers recommended or supplied by enterprises in case of performing seasonal contracts, performing a job under 12 months. For labor contracts of full 12 months or longer, monitoring the job conditions of laborers within 12 months and post the notarized copy of the permits for the employment service activities at the office;