Navigating China’s tax landscape can be complex, particularly for those who divide their time between China and other countries. The “6-Year Rule” is a key regulation that determines when foreign individuals become liable for global taxation under China’s Individual Income Tax (IIT) law.

In China, the months from March to June are busy for the annual reconciliation of individual income tax (IIT). You will find key information for your reference in this article.

To maximize return on investment and minimize risks, it’s crucial for investors to have a comprehensive understanding of the People’s Republic of China (PRC) tax system and the associated costs before making the final investment decisions.

China has the largest labor market in the world and has long been a strategic location for many manufacturers and labor-intensive industries to set up operations. However, as the Chinese economy continues to grow and wages rise, so does the cost of hiring in China.

Whether a multinational corporation with operations in various countries or an early-stage business, businesses are naturally concerned about the amount of tax they pay. Businesses aim to achieve greater tax efficiencies and improve cash flow through effective tax planning.

China will extend preferential tax policies for foreign nationals working in the country until the end of 2027.

Navigate the Complexities of China’s Market with Confidence

In a recent webinar, Mr. Pierre Wong, Managing Director of the Integra Group, imparted invaluable insights on navigating business expansion in China, understanding the intricate landscape of tax complexities, and executing effective strategies for profit repatriation.

A complete overview of the registered capital in China and its implications for Foreign Invested Enterprises in China. Read more.

Effective Jan. 1st. 2020, China will roll-back tax-exempt benefits for expats. It expected many will face a higher tax liability.