Tag: Payroll & IIT

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: Individual Income Subsidy For 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: 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 Preferential Tax Treatment for Foreigners

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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November 30, 2020

How to legally transfer employment income out of China?

In this article we discuss the method for individuals to transfer income from employment to a bank account abroad safely and...
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