Changing Business Software China

Companies have strived to capture and defend their market share through various approaches in the past three years. While some have pursued strategies such as downsizing, mergers and acquisitions or aggressive sales drives, others have opted to evaluate internal practices and determine how to make adjustments within the business itself. This includes assessing software being […]

Hiring 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 reach. For foreign employers, hiring both local and foreign employees ensures the right combination of competence and diversity. Before foreign businesses can employ expatriates, they need to go through a lengthy process and provide […]

Tax Rate in China

In accordance with Chinese tax legislation, every company operating a subsidiary in the country is obligated to fulfill monthly tax filings and other related requirements. Compliance with local standards for tax legislation is imperative to maintaining control and minimizing risk for your business in China. This article will go over the primary types of applicable […]

FESCO Services in China

In China, a foreign company must have a registered legal entity in the country before it can hire either local or foreign employees. By establishing a Wholly Foreign-Owned Enterprise (WFOE) or a Joint Venture (JV), foreign companies can legally hire individuals in China. However, registering either of these options can often be complex, resource-intensive, and […]

Greater Bay Area China Tax Subsidy

In order to attract high-skilled and urgently needed talents, the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) introduced a preferential individual income tax (IIT) policy for foreign talents and qualified talents from Hong Kong, Taiwan and Macao in 2019. For a period of 5 years, from 2019 until 2023, qualified applicants are able to obtain subsidies […]

China’s Minimum Wages

Whether you are looking for a job in China, thinking of starting a business or simply want to better understand the level of pay, being aware of the minimum wage levels in each city in China, can help you understand the wage landscape better. In this post, we will briefly discuss the importance of minimum […]

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 it may seem like a complicated task, there are several methods to employ local and foreign talents for your business in China. Here are 6 ways companies can enter the Chinese market and hire […]

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 an overview on how the payroll system works, what it is comprised of and the benefits of payroll in China

Social Security for Foreigners in Shanghai

China’s social security system is a complicated but unavoidable requirement that can confuse many foreign-invested companies and their employees. With China frequently updating its labor laws and regulations, detailed attention to the labor and employment laws is crucial for staying compliant and operating your business in China.

IIT Preferential Treatment

According to China’s existing Individual Income Tax (IIT) law, which came into effect on 1 January 2019, expatriates in China can continue to claim these tax-exempt expatriate allowances until the end of the transition period, ending 31 December 2021.