SOCIAL SECURITY FOR FOREIGNERS IN CHINA, BY SJ GRAND
Social security for foreigners in china In 2010, China passed a new social security law which came into effective on July 1, 2011. The law applies to Chinese citizens as well as foreigners who work or reside in China. Subsequently, on October 15, 2011, “provisional measures for foreigners to participate in Chinese social security scheme” became effective. According to the latest social security policy, all foreigners who work or live in China, including those employees […] read more
Individual income tax relief for temporary visitors in China
SJ Grand about different issues concerning business in China. A temporary visitor (also known as non-PRC tax resident) is an individual who visits China for a period up to 90 days (or up to 183 days, if tax treaty applies), continuously or accumulatively, during a calendar year. Temporary visitors are eligible to be exempted from individual income tax (“IIT”) in China on the portion of their income paid by the overseas employer. If the income […] read more