What are 04 sample notices on the 2025 Tet Holiday schedule for enterprises in Vietnam? Is the lucky money considered a deductible expense for corporate income tax calculation in Vietnam?

What are 04 sample notices on the 2025 Tet Holiday schedule for enterprises in Vietnam?

During the Tet holiday, sending official notices about holiday schedules to all employees and partners is an important activity for companies. This notice not only helps convey information clearly but also assists everyone in planning their rest and celebrating Tet conveniently and reasonably.

The holiday notice typically includes specific information about the start and end times of the holiday, accompanied by instructions related to work handover and necessary notes during the holiday period. Additionally, content regarding asset safety, information security, and contact methods in case of emergencies are elements that should be mentioned.

There is currently no document specifying the format for the 2025 Tet Holiday notice templates for companies. You may refer to some of the 2025 Tet Holiday notice templates for companies below:

(1) The New Year's 2025 Tet Holiday notice template for companies is as follows:

Gregorian New Year’s 2025 notice template for companies (template no. 1)...Download

Gregorian New Year’s 2025 notice template for companies (template no. 2)...Download

(2) New Year's 2025 Tet Holiday notice template for company employees and customers is as follows:

Gregorian New Year’s 2025 notice template for company employees and customers...Download

(3) 2025 Tet Holiday notice template for companies is as follows:

2025 Tet Holiday notice for companies...Download

(4) Tet 2025 Holiday notice template for partners and customers is as follows:

Tet 2025 Holiday notice template for partners and customers (template no. 1)...Download

Note: Information is for reference only!

What are 04 sample notices on the 2025 Tet Holiday schedule for enterprises in Vietnam? (Image from the Internet)

Is the lucky money considered a deductible expense for corporate income tax calculation in Vietnam?

Based on point 2.30, clause 2, Article 6 of Circular 78/2014/TT-BTC (amended and supplemented by Article 4 Circular 96/2015/TT-BTC and clause 4, Article 3 Circular 25/2018/TT-BTC) the regulations are as follows:

Expenses Allowed and Not Allowed in Determining Taxable Income

...

2. Expenses not allowed in determining taxable income include:

...

2.30. Expenses not corresponding to taxable revenue, except for the following expenses:

...

- Welfare expenditures directly for employees such as: expenses for weddings and funerals of employees and their families; vacation expenses, healthcare support, supplementary study expenses at educational institutions; support for employees' families affected by natural disasters, epidemics, accidents, illnesses; rewards for employees' children with excellent academic achievements; support for transportation expenses on holidays and Tet for employees; accident insurance, health insurance, other voluntary insurance for employees (excluding premiums for life insurance for employees, voluntary pension insurance for employees as guided in point 2.11 of this Article) and other welfare expenses. The total welfare expenses shall not exceed one month of average actual salary realized in the taxable year of the enterprise.

...

Additionally, according to Official Dispatch 2489/CT-TTHT issued by the Ho Chi Minh City Tax Department on March 24, 2016, guiding tax policy as follows:

In 2014, if the company incurred welfare expenses directly for employees like bereavement or wedding allowances for employees, lucky money for the New Year, vacations, and other similar welfare expenses provided there are legal invoices and documents, and the total welfare expenses do not exceed one month of average actual salary realized in the corporate taxable year, then such expenses could be considered deductible when determining corporate income tax (CIT).

Therefore, the lucky money for employees at the beginning of the year is considered a welfare expense. This is recognized as a deductible expense when calculating corporate income tax (CIT).

Note: The total welfare expenses mentioned above must not exceed one month of average actual salary realized in the taxable year of the enterprise.

Where do enterprises pay corporate income tax in Vietnam?

Based on Article 12 of Decree 218/2013/ND-CP regarding tax payment location as follows:

Tax Payment Location

1. Enterprises pay taxes at the locality where the head office is located. In cases where enterprises have dependent accounting production facilities in provinces, centrally-run cities different from where the head office is located, the tax amount is calculated and paid at both the head office and the production facility.

Corporate income tax payable in the province, centrally-run city where the dependent accounting production facility is located is determined by multiplying (x) the enterprise's payable corporate income tax for the period by the ratio of expenses incurred at the dependent accounting production facility to the total company expenses.

The tax payment stipulated in this Clause does not apply to projects, project items, or construction facilities that are independent accounting.

The allocation, management, and usage of corporate income tax revenue shall comply with the provisions of the State Budget Law.

2. Dependent accounting units of enterprises that account for the entire industry and have income outside their principal business activities shall pay tax in the province, centrally-run city where such business activity occurs.

3. The Ministry of Finance shall provide guidance on tax payment locations stipulated in this Article.

Thus, enterprises pay corporate income tax at:

- The locality where the enterprise's head office is located.

In cases where the enterprise has dependent accounting production facilities in a province or centrally-run city different from where the head office is located, the tax amount is calculated and paid at both the head office and the production facility.

Note: This provision does not apply to projects, project items, or construction facilities that are independent accounting.

- At the province, centrally-run city where business activities are conducted: For dependent accounting units of enterprises accounting for the entire industry with income outside their principal business activities.