China Extends the Preferential Tax Treatment for Annual One-Time Bonus to the End of 2027
China will extend preferential tax treatment for the annual one-time bonus until the end of 2027; it was set to expire by the end of 2023. We answer FAQs.
China Annual (One-Off) Bonus: What is the Income Tax Policy Change?
We explain the preferential income tax treatment on annual bonus for some tax residents in China (including expatriate staff) – now extended to end of 2027.
China’s Average Wages – Trends and Implications for Businesses
Average salaries in China have more than doubled over the last decade, but the stats vary greatly from industry to industry, and the gap between private and non-private sector pay is widening.
Employee Management in China: The Trinity of Labor Contract, Social Security, and Individual Income Tax
We discuss the ‘trinity concept’ used by China authorities to monitor employee management compliance by companies, especially in Tier-1 cities. The trinity refers to the labor contract, social security contributions, and income tax.
China Relaxes Rules for On-Arrival Business Visas
China has released new measures that will make it easier to obtain a business visa on arrival for urgent and short-notice travel.
Guangzhou’s Talent Green Card System: Benefits, Eligibility, and Application Process
We discuss how the Talent Green Card System works in the city of Guangzhou, which aims to become a prime location for ambitious individuals pursuing professional growth and entrepreneurial ventures.
Hong Kong’s Visa Regime – Applying to Visit, Work, Study, and Invest in Hong Kong
An introduction to the latest Hong Kong visa requirements for visitors, students, job seekers, and investors going to Hong Kong.
Shanghai Introduces the Chief Data Officer System in Telecom and Internet Industries
As Shanghai now requires companies in the telecom and internet sector to establish a Chief Data Officer (CDO), we discuss the role, its requirements, and implications for corporate governance.