Tax Rate in China

In accordance with Chinese tax legislation, every company operating a subsidiary in the country is obligated to fulfill monthly tax filings and other related requirements. Compliance with local standards for tax legislation is imperative to maintaining control and minimizing risk for your business in China. This article will go over the primary types of applicable […]

Greater Bay Area China Tax Subsidy

In order to attract high-skilled and urgently needed talents, the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) introduced a preferential individual income tax (IIT) policy for foreign talents and qualified talents from Hong Kong, Taiwan and Macao in 2019. For a period of 5 years, from 2019 until 2023, qualified applicants are able to obtain subsidies […]

Shanghai Lockdown 2022 HR Policies

Understanding Labor Law During China’s 2022 Lockdown Following the sudden recent escalation in COVID-19 cases throughout China, many regions and cities have been placed under lockdown and the restrictive policies have presented new challenges for both employers and employees. In the interest of upholding fair standards and protecting rights of employees and employers during such […]

Payroll Services in China: How Does It Work?

Understanding the complexities of payroll in China requires knowledge and experience on local payroll matters. In our latest post we offer an overview on how the payroll system works, what it is comprised of and the benefits of payroll in China

China Reduced Red Tape

In the past, working in mainland China for Hong Kong, Macau, and Taiwan (HMT) residents meant they had to obtain a work permit. Now China has reduced red tape.

Tax Break Principle China

What does “Tax break” stand for? What does the Individual Income Tax Law (IITL) state in China? What are the underlying rules and practices? The “Tax Break” is not an official rule in the Chinese tax authority. It is a common practice based on the understanding of the Individual Income Tax Law (IITL), the Individual Income Tax Implementing Rules (IITIR) and the Caishuizi (1995) issued by the Ministry of Finance (MOF) and the State Administration of Taxation (SAT).