« Business and International Education Program CFDA 84.153A
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Chinese business tax relief, Setting up Rep offices or foreign owned enterprises

Local staff tax and salary issues

01.18.08 | Comment?

Individual income tax rates for domestic taxpayers are the same as for foreigners in China.

The threshold is RMB1,600 now,but will be 2000 since 1st March 2008.

mandatory welfare contributions by employers to staff are calculated on a percentage of salary,and include:

Medical Insurance;Unemployment Benefit;Employment Injury;Insurance;State Pension ;Housing Fund

The percentages for each contribution vary from city to city.These vary from 30%-60% of your total salary overheads so is a significant amount, and you need to know exactly what your liabilities are in this field.

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« Business and International Education Program CFDA 84.153A
» business tax