Sending a question to Vietnam Social Insurance, reader N.L.A said: "The 2024 Social Insurance Law stipulates that the owner (individual) of a single-member LLC, even if not receiving salary, must still pay compulsory social insurance.
However, there are currently no instructions on the contribution level for this subject. I would like to ask, if the contribution that the employee is responsible for and deducted from the salary is not paid, can the employer pay the entire amount? ".
Regarding this issue, Vietnam Social Security responds as follows:
At point n, clause 1, Article 2, point d, Clause 1, Article 31, point a, Clause 4, Article 33, Clause 1, Article 140 of the Social Insurance Law No. 41/2024/QH15 (effective from July 1, 2025) stipulates:
Employees who are business managers, inspectors, representatives of state capital, and representatives of enterprise capital as prescribed by law are not entitled to receive salaries and are subject to compulsory social insurance.
Salary as the basis for compulsory social insurance contributions: You can choose your salary as the basis for compulsory social insurance contributions, but the lowest is at the reference level and the highest is 20 times the reference level at the time of contribution. After at least 12 months of paying social insurance according to the salary as the basis for paying social insurance that has been selected, employees will be able to re-seelect the salary as the basis for paying social insurance.
Compulsory social insurance contribution rate: Monthly contribution rate is equal to 3% of salary used as the basis for compulsory social insurance contribution to the sickness and maternity fund, 22% of salary used as the basis for compulsory social insurance contribution to the pension and death fund (total contribution rate is 25%) and paid by employees.
Request Ms. A to compare the above regulation to know and implement.
