About us
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

→Employ staff instead of clients. Accept most of the labor work instead of the client.

  • 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.

<span”>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 500USD free
500 – 1000USD 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) 200USD
Communicator(40h/month) 500USD
Expense appear
Company trip 250-400USD/person/year
Health check 50-100USD/person/year
Tet (new year) bonus 1month salary/person
Company party 30USD/person

Compare

 
Management fee
500USD per person/month
Lab transfer fee
2 months’ salary
 
About the trial period
2-month trial period is allowed. Identify skills and personalities that cannot be understood only by interviews, and decide whether to hire this book. Social Security and paid leave (12 days a year) will occur after this employment.
About deposits
At the first request after this recruitment of lab personnel, we will pay two months’ basic salary of lab personnel as a deposit. The deposit will be returned at the end of the contract period, but will be used as a guarantee to lab personnel if the contract ends before the expiration of the contract period.
Other expenses incurred due to laboratory operation
・ Health check fee: Once a year, 1 million VND (about 50 USD) / year (for employees who have passed more than one year) ・ Company trip: Once a year, 4 million (about 200USD) – 6 million (about 300USD) VND / person ・ Tet (Chinese New Year) bonus: Salary for employees who have worked for more than one year for one month
 

  • Doesn’t take too much time and initial cost
  • The use of Labo model will help businesses have time to adapt to Vietnamese culture before choosing to establish a long-term company.

→ Below is a cost comparison table (IT company, personnel > 5 people) to help customers better understand the difference between Labo and Establishment of a company

Item (initial cost) Price Remarks
Establish company Fee 7,000USD If you ask an agency
Office deposit 4,000USD 2 months rent
Office Interior 10,000USD  
Buy Office Furniture 3,000USD Desks, chairs, shelves, refrigerators, etc.
Network construction 500USD Internet, telephone, etc.
Recruitment 10,400USD Recruiting fee: 2.6 months’ salary
Total initial cost 34,900USD  
Price simulation

Job monthly salary Remarks
Senior PHP Engineer 1,200USD 5 years of work experience, leader
Regular PHP Engineer 800USD 3 years of work experience, working for a Japanese company
Regular Android Engineer 700USD 2 years of work experience
IT Communicator 800USD Interpretor and translate document
Designer HTML coder 500 USD 3 years of work experience
Total salary 4,000USD  
Social Security (for company) 860USD 21.5% of salary
Management fee 2,500USD 500USD / × 5 people
Subtotal 7,360USD  
Consumption tax 0% VAT exemption for software development
Total 7360USD Unit price per person:  1472USD
 

  • 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

→ Cost comparison table between OutSource and Labo with an IT company with 5 employees

OUTSOURCE SALARY
3 Junior 3,000USD
1 Senior 4,500USD
1 Project manager 6,000USD
Subtotal 13,500USD
Unit price per person: 2,700USD/person
LABO COST
Salary for 5 staff 6,300USD
Social security 860USD
Management fee 2,500USD
Subtotal 9,660USD
Unit price per person: 1,932USD/person

* So you will save $3,840 if you choose Labo

 

 

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.

    Contact

    VietNam Office

    155A Nam Ky Khoi Nghia,
    Dist.3, HCMC, Vietnam

    Tokyo Office

    5-8-17 Tanihara, Nerima-ku,
    Tokyo