Social Insurance

China-Japan Social Security Agreement

Avoiding double payments In recent years, China signed and ratified social security agreements with a number of countries. The latest to take effect is the social security agreement between China and Japan. It was signed on May 9th, 2018 and took ef...
Webinar on German labor law

Webinar for Chinese Investors: German Labor Law, Social Insurance, Income Tax, Visa Policy

Webinar In its latest Country-risk Rating of Overseas Investment from China, the Chinese Academy of Sciences ranks Germany number one out of 57 analyzed countries. This means that Germany is the least risky country for Chinese foreign direct investm...

Social Insurance Contribution Base in Beijing updated

Two different values adopted for 2019 Every summer, the Beijing Social Insurance Center publishes data on the average salary in Beijing for the preceding year. Based on this average value, the maximum and minimum social insurance contribution base i...

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...

Stuttgart: Employee Assignments to China

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 gener...

New Deduction Rules for Social Insurance

Starting 1 July 2017, a pilot program that exempts the premium paid for qualified commercial health insurance from taxable income will be implemented nationally. This program has already been implemented in 31 cities, including Beijing, Shanghai, an...

Common Mistakes, and how to Avoid Them

Some of the most common mistakes our clients make, and how they can easily be avoided While every case we deal with is unique, some mistakes are more common than others. We recently audited a client’s Chinese branch and found some very common, and a...

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...

8 February 2017 Seminar: IIT & Social Insurance Update

  Wednesday, 8 February 2017   Our next seminar will focus on the newest tax regulations related to the individual income of expats, time apportionments, payroll and tax optimization strategies. Additionally, social insurance and all rele...
Old people, China security

Social Security Contribution Cap In China Raised

Newsflash: At the start of July 2015, the Beijing Municipal Human Resource and Social Security Bureau (BMHRSSB) and the Beijing Municipal Bureau of Statistics (BMBS) announced the average monthly wage for Beijing. This number is important because so...