China
Taxation in China
China related forum posts
-
passcam
On June 17, 2021, the President of the Republic, HE Paul Biya signed Presidential Decree no. 2021/347 setting the conditions for issuing passports. This decree lists the conditions of establishment, as well as the procedures for obtaining the 3 types of biometric passports: the ordinary passport, the service passport and the diplomatic passporthttp://passcam.liveblog365.com
Total Posts: 1 Last post by mjaanb04
-
buy ibogaine online
Welcome to AREA MARKET, your trusted online destination for premium Iboga products. We are committed to providing you with the highest quality Iboga to support your journey towards personal growth, healing, and transformation.Our products are ethically sourced and meticulously tested to ensure safetyand authenticity. At Iboga Wellness, we prioritize your well-being and offer a range of r
Total Posts: 1 Last post by mjaanb04
Taxation in China
If you live and work in China for more than 183 days, you will be liable to pay Chinese taxes on all income received. Personal income tax is charged on an incremental scale, starting from 5% up to 45%. If you are also in receipt of income from overseas, you will be taxed on this too, with a tax credit given against any tax already paid in other countries. The figures below are in Yuan Renminbi:
5% on income between 1 and 500
10% on income between 501 and 2,000
15% on income between 5,001 and 20,000
25% on income between 20,001 and 40,000
30% on income between 40,001 and 60,000
35% on income between 60,001 and 80,000
40% on income between 80,001 and 100,000
45% on income of 100,001 and above
The corporate tax rate for domestic and foreign companies is 25%. Small companies can pay 20% corporate tax in certain cases.