will be deductible for CIT purposes.
Business trip expenses paid overseas via personal credit cards are deductible expenses:
According to Official Letter 3819 dated 6 September 2014 of the GDT, where a company sends employee abroad for business, if the arising business expenses exceed VND 20 million, payment for such expenses via credit cards of the employees working abroad is accepted as a form of non-cash payment and the expenses will be accounted into deductible expenses for CIT purposes if the following conditions are met:
• Having appropriate invoices, documents issued;
• Decision or document on assigning employees abroad for business;
Please note the company should have internal regulations stating that employees are allowed to make payment via their own cards, and then such expenses shall be reimbursement by the company.