IIT

Update: Six-Year-Rule and How to Calculate Your Length of Stay in China

On 16 and 17 March 2019, the Chinese Ministry of Finance and the State Tax Administration published two announcements containing guidelines for non-domiciled taxpayers under the new IIT Law, which entered into force in January 2019. The announcements...

Webinar: 8 key points about China’s IIT Reform

We are pleased to invite you to join our next Ecovis Beijing webinar for an update on China’s latest Individual Income Tax (IIT). The webinar is scheduled at 10 am (German time) on the 14th of March. On December 2018, China published a number of r...

Seminar on Social Security, Tax and Financial Planning for Expats in China

On the occasion of the entry into force of the new Income Tax Act in January 2019, the experts from Ecovis Beijing and Expatriate Care Consult GmbH will inform you about the best possible protection and planning in the areas of taxes, social secu...

Lunch talk: Individual Income Tax Reform – how law and regulations will affect foreign taxpaye...

Lunch talk with the German Centre: Individual Income Tax Reform – how law and regulations will affect foreign taxpayers in China   Wednesday, January 23rd, 12.00-13.30   On January 1st, 2019 the new Individual Income Tax (IIT) Law in...

Reductions in Corporate Income Tax (CIT) and VAT for Small Businesses

It’s a good start into the new year for small and micro businesses in China: Following a State Council executive meeting on January 9th, 2019 the Chinese government introduced a new set of inclusive tax cuts for small and micro businesses. After the ...
legal form

Income Tax Regulations extend 5-Year Rule to 6-Year Rule, among other significant changes

Do you want to learn more about the impact of the IIT reform on foreign taxpayers? Please join our lunch talked hosted by the German Centre Beijing on Wednesday, January 23rd.  On December 13 and 22, 2018, the State Council and the State Administ...

New IIT Law: Will it lead to an Exodus of Foreign Executives working in China?

Tax Notes International looked at the new tax residency rules under the reformed Individual Income Tax (IIT) law and how they could affect expatriates working in China. The article looked in particular at the potential taxation of worldwide income an...

Tax Rules for Foreign Players in China

According to the FIFA/Coca-Cola World Ranking, China’s male footballers are currently ranking 81st among all member states. Nonetheless, China’s own domestic league, the Chinese Super League (CSL), broke records recently, when its clubs went on an in...
IIT

Individual Income Tax (IIT) In China: The Ground Rules

In a mini-series of two articles, we will share some information about a topic we not only deal with in our consulting work but which also affects everybody living and working in China: individual income tax for expats. Our aim is to provide you with...

ECOVIS Beijing at the German Centre Beijing: IIT, Social Insurance, and Invest in Germany

On 22. March 2017, ECOVIS Beijing organized two events at the German Centre in Beijing. In the morning, our IIT & Social Insurance expert Manuela Reintgen, together with Klaus-Peter von der Eltz informed the on individual income tax and insurance...