Business travel expenses in Vietnam are some of the more challenging to understand when it comes to the necessary procedures for tax deductibility in Vietnam. We have prepared the following as a simplified guide in order to claim tax deductions for employee business travel costs.
When enterprises send employees on business-related travel, they need to prepare “Assignment Decisions on Business Trips” in which they appoint employees to travel and clarify the purpose of the travel. Although cumbersome administratively, this does provide a basis for certainty with deductibility, and can even assist with documentation.
Further, enterprises need to have clear written policies on both allowing employees to pay for their own costs and seek reimbursement by the enterprise and have specified any per diem allowances that the enterprise will pay staff when travelling.
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