Before giving any gift, check to see if either the giving or receiving company has gift policies. Some businesses, particularly those in finance, insurance, retail, and medicine, prohibit all presents. More common are limitations placed on the value of a present or on the settings in which gifts may be given. Inquire with the potential recipient if his or her company has an ethical handbook or a policy on accepting gifts. If that is the case, stick to it to the letter. A few more words of advice of premium company hk:
Giving gifts during a bidding process is a no-no, even if a holiday happens to fall during this time. Expensive gifts, such as cars and luxury trips, are questionable and should be utilised only after great evaluation. These have become especially perilous in this era dominated by laws requiring new levels of financial disclosure and explanation for any form of spending at the majority of publicly traded corporations. It acts as the motivation for the person you are going to gift. So, to know more about the gifts you can check with gift and premium company
Remember that the IRS now allows businesses to deduct in business presents. For many businesses, this has become a useful benchmark for justifying gift spending.
Even if there is no specified restriction, take careful not to send the wrong message with a gift. Anything that can humiliate your recipient or result in a reprimand can damage a valued relationship.