Individuals working in China – both Chinese and foreign – are required to pay individual income tax and social insurance on their earnings. Here, you can use our individual income tax and social insurance calculator to determine your tax obligations.
In this week’s China Outbound, we look at representative offices in Indonesia, LGBT rights in the Indian workplace, e-commerce in Russia, and state divestment in Vietnam.
The State Administration for Market Regulation (SAMR) is a new administrative body that subsumes the responsibilities held by various regulators and will oversee all manner of market controls in China.
China has simplified the process of tax deregistration as part of a concerted regulatory effort to improve the ease of doing business in the country.
China’s recent incentives to facilitate foreign investment in the country ties in with its ongoing structural economic reforms that have gained momentum since the trade war with the US.
Foreign investors in China may find it challenging to fully understand the financial statements prepared for their entities. Here, we explain the Chinese Generally Accepted Accounting Principles and how to navigate them successfully.
In this week’s China Outbound, we look at the ASEAN Trade in Goods Agreement, transfer pricing in India, and new business registration rules in Vietnam.
China announced new tariff cuts on September 26 that will come in effect in November and should lower costs for manufacturers and consumers.