Tag: Individual Income Tax (IIT)

November 23, 2022

Tax Rates in China: The Differences Between the Main Tax Rates

In accordance with Chinese tax legislation, every company operating a subsidiary in the country is obligated to fulfill monthly tax filings...
Read more right
August 18, 2022

Greater Bay Area China: Optimizing Individual Income Tax as Foreign Talent in the GBA

In order to attract high-skilled and urgently needed talents, the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) introduced a preferential individual income...
Read more right
April 22, 2022

Latest Tax Incentives for Businesses in China 2022

Since the outbreak of Covid-19, the Chinese government has implemented various support measures to assist, especially small and medium-sized, enterprises weather...
Read more right
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...
Read more right
February 9, 2022

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...
Read more right
January 12, 2022

How To Avoid Tax Evasion In China

With the Chinese government increasing their efforts on the monitoring of tax evasion, it has become even more important for companies...
Read more right
January 4, 2022

China Extends Preferential Individual Income Tax Treatment for Foreigners

There has been a great deal of public interest on the preferential tax policy for foreigners in China and whether it...
Read more right
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...
Read more right
November 19, 2021

A Complete Overview of the Tax System in China

We explore the tax system in China, giving you a brief understanding of the different tax categories that may apply to...
Read more right
July 29, 2021

Do Foreigners in Shanghai need to contribute to Social Security?

China’s social security system is a complicated but unavoidable requirement that can confuse many foreign-invested companies and their employees. With China...
Read more right