Tag: Payroll & 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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September 13, 2022
FESCO in China: Guide for Foreign Companies
In China, a foreign company must have a registered legal entity in the country before it can hire either local or...
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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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August 17, 2022
China’s Minimum Wages in 2022: All You Need to Know
Whether you are looking for a job in China, thinking of starting a business or simply want to better understand the...
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August 11, 2022
6 Ways to Hire and Pay Employees in China
Finding a way to hire and pay employees for a business venture in China can be a cumbersome task. Even though...
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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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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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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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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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January 28, 2021
How to Calculate Taxes on an Annual Bonus in China 2022
In our article we discuss how the Individual Income Tax on bonuses is calculated following the end of the preferential tax...
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