Employment contracts, income tax reform and insurance coverage
The Chinese government is currently planning the largest income tax reform in seven years. What impact will the new regulations have on the employment of expatriates in China? What general aspects need to be considered when drafting employment contracts in China? Against the background of taxes and social security contributions, how can an employment relationship be designed? Richard Hoffmann explains the various forms of employment and points out possibilities for optimising wage and income tax payments. Klaus-Peter von der Eltz also refers to the most important aspects of social insurance and private provision.