According to Article 9 of Circular No. 45/2013/TT-BTC and Clause 2.2 Article 4 of Circular No. 96/2015/TT-BTC , types of works which are used for serving employees such as mid-shift rest house, shift, mid-shit canteen, garage, including houses bought or invested to construct by enterprises are all considered to be fixed assets of which depreciation account shall be made and on which input VAT shall be deducted.
However, this regulation does not apply to beneficiaries who are employees of a partner. For example, a company invests in construction of or buys houses for experts, technicians of its partner to stay during the technology transfer period, the company is not entitled to make depreciation account and deduct tax.
|Published||Vietlaw's Newsletter No. 438|