January 2008

The Archives

• 01.18.08
  Local staff tax and salary issues   Chinese business tax relief, Setting up Rep offices or foreign owned enterprises (0)

  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 […]

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