The aim of all contractors is basically the same: to keep their independence, keep more of their income and ensure they are fully compliant with local taxation regulations. The only thing they want to cut out is time consuming administration. Our partners have just the solution for you!
Any non-Chinese passport holder working for a local company, a foreign company’s representative office, subs-company in China, or a Wholly Foreign Owned Enterprise in China, will need to pay Chinese tax. In essence if the entity are you working for is registered in China you should pay local tax. Unless you’re in China for 5 years without any single breaks of more than a month, or more than 90 days in any one year, you won’t be liable to Chinese taxation on your global income.
Our partner offers one of the first fully compliant tax structures for contractors in China.
As opportunities for international contractors in China have increased so has the necessity for compliant, tax efficient structures. To date, most contractors working in China have largely been exploiting the authorities naivety as to how they are processing their earnings. This situation is rapidly changing and you want to ensure that you are utilising the most tax efficient, no risk system that is available to you.
Please contact us now for further information.
Please note: the structures our partner offers are fully compliant with the current Chinese Taxation Regulations.