Multiplier publishes an EOR price of US$459 and EOR Vietnam US$99 per employee per month, so EOR Vietnam's headline fee is US$360 a month (US$4,320 a year) lower per employee. Country costs, benefits and add-ons can outweigh that difference. EOR Vietnam publishes a range rather than one price, from US$99 to US$199 depending on the country and hire.
Multiplier: EOR and global payroll provider with publicly listed pricing.
EOR Vietnam: Vietnam-only licensed local employer (Nhรขn Kiแปt) that employs staff directly under its own labour-outsourcing licence, with bilingual contracts, payroll, work permits for foreign hires and account teams in English, Japanese, Korean and Chinese.
| Feature | Multiplier | EOR Vietnam |
|---|---|---|
| Published EOR price | From US$459 / month | From US$99 / month |
| Pricing model | Per employee / month (Core plan, billed annually) | 8% of gross salary per employee / month (min US$99, max US$199, plus VAT) |
| Products | Employer of Record, Contractor management, Global payroll | Employer of Record (Vietnam only), Global payroll, Bilingual labour contracts, Work permits and TRCs for foreign hires |
| Coverage | 150+ countries (provider claim) | Vietnam only, through its own licensed entity (provider claim) |
| Headquarters | Singapore | Ho Chi Minh City, Vietnam |
| Founded | 2020 | 2009 (operating since) |
| Factor | Multiplier | EOR Vietnam |
|---|---|---|
| Published EOR price | US$459 / employee / month | US$99โUS$199 / employee / month |
| What the price covers | Core plan US$459 per person per month billed annually or US$499 billed monthly; Growth plan US$519 billed annually or US$559 billed monthly (yearly billing saves 8%); Enterprise is custom-priced. Compliance-mandated add-ons and implementation fees apply as applicable. Contractor of Record is priced separately, from US$400 per contractor per month. | Published fee of 8% of gross monthly salary per employee, with a US$99 minimum and US$199 maximum per employee per month, plus VAT on the fee only; salary and statutory contributions are passed through at cost. Volume rates: 7% for 10+ employees and 6% for 30+ (the minimum and maximum stay the same). Global payroll is US$29 per employee per month. The fee is Vietnam-only and is a percentage, so it is not like-for-like with flat-fee global providers. |
What each provider's own website says. Where it doesn't say, ask in your quote.
| Item | Multiplier | EOR Vietnam |
|---|---|---|
| What the EOR fee includes | Compliant employment and locally compliant contracts; Payroll processing, and tax and statutory filings; Benefits administration; Employee onboarding; Ongoing HR support | Vietnamese and English labour contracts; Monthly payroll with payslips; Social, health and unemployment insurance registration; Personal income tax filing and year-end finalisation; Employee web app; Onboarding and offboarding under the Labour Code |
| Setup and offboarding fees | Compliance-mandated add-ons and an implementation fee apply as applicable. | None listed on its pricing page; confirm in your quote. |
| Deposit | Undisclosed on its pricing page | None listed on its pricing page; confirm in your quote. |
| Contract and billing | US$459 a month on annual contracts or US$499 on monthly contracts (Core plan); yearly billing saves 8%. | Undisclosed on its pricing page |
Annual EOR fees at each provider's published starting price, before employment costs, benefits or add-ons. EOR Vietnam's published price is lower by US$4,320 per employee a year.
| Employees | Multiplier | EOR Vietnam | Difference a year |
|---|---|---|---|
| 1 | US$5,508 | US$1,188 | US$4,320 |
| 5 | US$27,540 | US$5,940 | US$21,600 |
| 10 | US$55,080 | US$11,880 | US$43,200 |
| 25 | US$137,700 | US$29,700 | US$108,000 |
Our country guides don't yet list both providers for the same country. Multiplier appears in our guides for Argentina, Australia, Belgium, Brazil, Canada, Colombia, France, Germany, India, Ireland, Italy, Mexico, Netherlands, Philippines, Poland, Portugal, Singapore, South Africa, Spain, Sweden, United Arab Emirates, United Kingdom. EOR Vietnam appears in our guides for Vietnam. Ask both for country-specific quotes.
- Both offer: Employer of Record, Global payroll.
- Only Multiplier lists: Contractor management.
- Only EOR Vietnam lists: Bilingual labour contracts, Work permits and TRCs for foreign hires.
- Pricing model: Multiplier: Per employee / month (Core plan, billed annually); EOR Vietnam: 8% of gross salary per employee / month (min US$99, max US$199, plus VAT).
- Multiplier, 17 October 2026: Unchanged. Its FAQ confirms EOR from US$459 on annual contracts and US$499 on monthly contracts; US$400 is the Contractor of Record price.
- Multiplier, 15 October 2026: Unchanged: Core US$459 billed annually / US$499 monthly; Growth US$519 billed annually / US$559 monthly (yearly saves 8%); Enterprise custom; compliance-mandated add-ons and implementation fees as applicable.
- Multiplier, 8 October 2026: Core US$459 (annual) / US$499 (monthly); Growth US$519 / US$559 (previously listed here: From about US$400).
- EOR Vietnam, 4 November 2026: EOR at 8% of gross salary per employee per month (minimum US$99, maximum US$199, plus VAT); 7% for 10+ and 6% for 30+ employees; global payroll US$29.
Consider Multiplier ifโฆ
- Headline cost is a primary decision factor
- You hire in Asia-Pacific as well as Europe
Consider EOR Vietnam ifโฆ
- You want the lower published EOR price (US$99 vs US$459 per employee per month)
- You want a licensed local employer rather than a global platform's partner arrangement
- You're hiring only in Vietnam and want a percentage fee that scales with salary
- You need Vietnamese and English contracts and account support in Japanese, Korean or Chinese
- What is the all-in monthly fee for my specific countries, on annual and monthly billing?
- Do you employ through your own entity or a partner in each country?
- What deposit is required, and what currency margin applies to invoices?
Use our provider due-diligence checklist for the full list. To check the employment cost on top of either fee, see our country guides.
Is Multiplier or EOR Vietnam cheaper?
On published prices, EOR Vietnam is cheaper: US$99 vs US$459 per employee per month. Compare itemised quotes for your countries, since deposits, currency conversion and benefits affect the total. EOR Vietnam publishes a range rather than one price, from US$99 to US$199 depending on the country and hire.
What's the main difference between Multiplier and EOR Vietnam?
EOR Vietnam has the lower published EOR price, by US$360 a month per employee. Multiplier prices on a "Per employee / month (Core plan, billed annually)" basis and EOR Vietnam on a "8% of gross salary per employee / month (min US$99, max US$199, plus VAT)" basis. Only Multiplier lists Contractor management. Only EOR Vietnam lists Bilingual labour contracts, Work permits and TRCs for foreign hires.
Do Multiplier and EOR Vietnam use their own entities?
Delivery models (owned entity or local partner) can vary by country. Ask each provider to confirm in writing for the countries you hire in.
Why choose Multiplier over EOR Vietnam?
Multiplier may suit you better if headline cost is a primary decision factor; you hire in Asia-Pacific as well as Europe. Compare written quotes for your countries before deciding.
Why choose EOR Vietnam over Multiplier?
EOR Vietnam may suit you better if you want the lower published EOR price (US$99 vs US$459 per employee per month); you want a licensed local employer rather than a global platform's partner arrangement; you're hiring only in Vietnam and want a percentage fee that scales with salary; you need Vietnamese and English contracts and account support in Japanese, Korean or Chinese. Compare written quotes for your countries before deciding.
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