Wacontre is a Japanese IT company founded in Vietnam, and its business is mainly offshore lab development, and is developing business in “Vietnam × IT” such as media development management, recruitment, and Vietnamese company establishment consulting.
GEO service
What is the difference between GEO/PEO/EOR?
- GEO service means Global Employment Outsourcing (or Global Employment Organization). Using our GEO service, you do not need to establish a company in Vietnam, but can recruit Vietnamese employees (engineer, designer, accountant architect, BPO staff…)
- EOR: Employment of Record
- PEO: Professional Employment Organization → Focusing on Outsource service of the HR department (all of labor work such as recruit, attendance, payroll, tax matter..).
<Our GEO service definition>
GEO= EOR + PEO in Vietnam
Our laboratory-style offshore development (GEO) services are aimed at expanding into Vietnam, commissioning pre-company testing, securing talented engineers and other human resources, and also being able to operate a large team remotely.
With covid-19, post covid-19 situation, global moving is not so easy. And remote work has been more popular. In these situations, you do not need to establish a company and send a person to manage the company in Vietnam.
You can reduce the cost to establish a company and time to prepare all of it. Focus on your own business.
Price table (this fee for 1 staff/month)
| Content | Basic (200 USD) | Standard (350 USD) | Predium (500 USD) |
|---|---|---|---|
| Management staff | |||
| Workplace | WFH | Office | |
| It Comter | No | ||
| Mtg Support | 2h/month | ||
| Free Recruitment | <500 USD(salary) | ||
| Support Other service |
Iticial cost
| Recruitment fee | |
|---|---|
| Under 500 USD | free |
| 500 – 1000 USD | 1month of salary |
| Over 1000USD | 2month of salary |
| Deposit | 2 month salary after probation term (2months) |
| Device | Purchase for staff (provide by customer) |
| MTG support (4h/month) | 200 USD |
| Communicator (40h/month) | 500 USD |
| Expense appear | |
| Company trip | 250-400 USD/person/year |
| Health check | 50-100 USD/person/year |
| Tet (new year) bonus | 1month salary/person |
| Company party | 30 USD/person |
Easy and easy-to-understand pricing structure The initial cost is free. The equipment will be used by your company, but if you prepare it here, we will charge the actual cost. Staff salary + social insurance fee (about 20% of salary) and management fee are charged every month. management fees are as follows.
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- Doesn’t take too much time and initial cost. Geo will help your Company operate after 30 day from the start of the plan.
- The use of Labo model will help businesses have time to adapt to Vietnamese culture before choosing to establish a long-term company.
- Monthly payment regardless of project progress
- Minimum 1 year recruitment contract term, do not worry about employees quitting suddenly.
- Project data can still be managed in case of sudden employee leave.
All of Establish fee, you don’t need pay when you use GEO Service
| Item (initial cost) | Price | Remarks |
|---|---|---|
| Vietnam corporation establishment fee | 10,000 USD | Request agency service |
| Office Costs | 6,000 USD | 2 months’ rent in advance, 2 months’ worth of security deposit |
| Office Interior | 5,000 USD | |
| Office Furniture Purchase | 2,500 USD | |
| Office Network | 500 USD | Internet, telephone, etc. |
| Recruitment | 8,300 USD | Referral fee: 2.6 months of monthly salary |
| Total | 24,000 USD | It took 6 months to complete the company establishment procedure. |
If you have created an IT development team of 5 staffs
| Job | Monthly salary | Remarks | ES | GEO |
|---|---|---|---|---|
| Senior PHP Engineer | 2,000 USD | 5 years of experience | ||
| Regular PHP Engineer | 1,200 USD | 3 years experience | ||
| Regular Android Engineer | 1,000 USD | 2 years experience | ||
| IT Communicator | 800 USD | 1 years experience | ||
| Designer HTML coder | 700 USD | 2 years experience | ||
| Accounting and General Affairs Staff | 700 USD | |||
| Representative | 3,000 USD | |||
| Office Rent Fee | 1,500 USD | |||
| Office expense | 500 USD | Electric,water, internet… | ||
| Management fee | 2500 USD | |||
| Monthly total | 11,400 USD | 8,300 USD | ||
Advantages of Labo compared to Outsource
- Monthly payment regardless of project progress
- Minimum 1 year recruitment contract term, do not worry about employees quitting suddenly
- Project data can still be managed in case of sudden employee leave
| Offshore Development Subcontracting | Outsource | GEO (Labo) |
|---|---|---|
| Senior engineer | 5,000 USD | 2,000 USD |
| Junior engineer (3 staff) | 9,000 USD | 2,000 USD |
| Project manager | 6,000 USD | 3,000 USD |
| Management fee | 0 USD | 2,500 USD |
| Social security | 0 USD | 1,600 USD |
| Monthly total | 24,000 USD | 12,100 USD |
| Monthly price per person | 4,000 USD | 2,420 USD / person |
Office Image
Our office located center of HCMC, 24h open with enough facility x.
Available skills
Lab services can handle any skill in the field that you can manage. Development languages such as PHP, Java, Ruby, paython, frameworks such as Codeigniter, cocos2dx, Ruby on Rails, Node.js, blockchain, Unity3d, 3D design (3DMAX/3D maya) are also available. In addition to system development and design, we have a track record in design work using design software such as CAD and Levid structure, seismic diagnosis, tracing, and drawing creation.
flow to service start
Contract from inquiry, start of lab operation from recruitment, We explain the flow to support the operation system.
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