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...
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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...
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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...
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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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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...
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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...
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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...
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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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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...
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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...
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