Tag: IIT
February 16, 2023
How to Hire Foreign Employees in China
China is one of the most sought-after countries for foreign investment because of its enticing policies, competitive labor rates, and market...
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March 16, 2022
China Individual Income Tax Settlement
In this article, we take a deeper look at the specificities of taxable income, deductions, individuals with tax filing exemptions, and...
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December 30, 2021
Important Tax News for All Employees in China: Annual Bonus to be Taxed Less Until 2023
The preferential individual income tax (IIT) policy which has been applicable for once-off annual bonus payments has now been extended until...
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March 31, 2021
Individual Income Tax (IIT) Preferential Tax Treatment for Foreigners: the End of Expatriate Allowances in China?
According to China’s existing Individual Income Tax (IIT) law, which came into effect on 1 January 2019, expatriates in China can...
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