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According to the provisions of the 2014 Social Insurance Law (which remains effective until June 30, 2025), owners of household businesses are not included in the mandatory social insurance participation. Participation in voluntary social insurance is available to them upon request.

In contrast, starting July 1, 2025, according to Clause 1, Article 2 of the 2024 Social Insurance Law, owners of household businesses who participate in social insurance as prescribed by regulations of the Government is subject to mandatory social insurance participation.

Specifically, regarding compulsory social insurance contribution rates, according to Points a and b, Clause 4, Article 33, the monthly payment is 3% of the salary on which compulsory social insurance is paid to the sickness and maternity fund, 22% of the salary on which compulsory social insurance is paid to the pension and survivorship fund.

Regarding the basis for contributions, according to Point d, Clause 1, Article 31 of the 2024 Social Insurance Law, owners of household business may choose their own salary on which compulsory social insurance is paid, which shall be 1 – 20 times the reference level applicable at the time of payment.

Therefore, the monthly contribution of the business owner participating in social insurance is 25% of their salary. The owner can choose to pay monthly, every three months, or every six months depending on their needs.

Regarding the reference level, Clause 13, Article 141 of the 2024 Social Insurance Law states that before the annulment of the statutory pay rate, the reference level prescribed in this Law shall be the statutory pay rate. Upon annulment of the statutory pay rate, the reference level shall not fall below the statutory pay rate.

Currently, the base salary is 2,340,000 VND/month. Therefore, the minimum social insurance contribution of the business owner is 25% x 2,340,000 = 585,000 VND/month.