Reimbursement

Reimbursement is the process by which a business repays expenses incurred by employees or contractors while conducting company-related activities.

In Luxembourg, reimbursement policies must adhere to specific local tax and accounting regulations. Clear reimbursement procedures help maintain transparency and ensure that all eligible expenses are properly documented and repaid. Efficient reimbursement systems reduce administrative overhead and enhance employee satisfaction, contributing to a smoother operational workflow in Luxembourg-based companies.