Tax Risks on Expatriates when Applying for Tax-free Rental Benefits

29 December 2020
Expatriates that live and work in China continue to enjoy certain privileges when it comes to individual income tax (IIT) on their income, namely tax-free deductions for rent, relocation, language training, school, and home leave travel. The Chinese government has created these benefits to establish a favorable work environment for foreigners, which has contributed significantly […]
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企业独立监控人之萌芽与发展

14 December 2020
2020年8月28日，深圳市宝安区司法局发布了《关于企业刑事合规独立监控人选任及管理规定（试行）》（下称“规定”），主要内容涉及企业刑事合规独立监控人的资质条件、选任方式、流程和管理。
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China Continues to Enforce Compliance in Advertisements

3 November 2020
In recent weeks, Shanghai’s market supervision bureau (AMR) announced that it has penalized one of China’s leading domestic dairy companies, Bright Dairy & Food Co., Ltd., for an advertisement video on its website that did not show China’s “complete and correct territory” of China.
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China’s Company Chop System and Risks to Foreign Investors

1 September 2020
Since June 2020, a fight over the control of the China subsidiary of ARM, a leading semiconductor company, has centered around the possession of the company chop. ARM was reported to have fired its head of China, Allen Wu, who is still registered as the legal representative of ARM China. With control over the company chop and business licenses, Wu would seem to have a powerful weapon to use as a bargaining chip with ARM’s shareholders outside of China, even though there is no doubt he will eventually be removed from his position. How can physical possession of the company chop cause so much trouble for ARM’s shareholders?
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New Policies Impacting how Non-resident Companies Employ Beijing Staff

19 August 2020
Many international companies in China are based in one city, but may need to have employees based in another city. These employees will generally want social security in the place where they live and work, as this gives them crucial benefits in regard to medical care, schooling and housing. However, only locally-registered companies can make payments of social security premiums.
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Individual Income Tax (IIT) Deductions for Foreigners Working in China

To create a favorable working environment for foreigners, the Chinese government has rules on tax-free allowances applicable to foreigners working in Mainland China. All foreigners and their employers should be aware of these rules, to ensure that they do not pay more individual income tax (IIT) then they have to.
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The New Social Credit System - Corporate Compliance in China

24 June 2020
While some may continue to see China as a country where “anything is possible”, there is no denying that the Chinese government has been trying to create a more compliant business environment. The initiative with the biggest impact long-term may well be the introduction of a social credit system (SCS): every entity in China will be assigned a social credit score to reflect its legal compliance.
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SPC Issues Guiding Opinions on Handling Civil Disputes Involving COVID-19

2 June 2020
On 20 April 2020, the Supreme People’s Court (SPC, China’s highest court) released the Guiding Opinions on the Proper Handling of Civil Cases Involving the Novel Coronavirus Outbreak in Accordance with the Law. Published soon after a batch of rulings issues on 24 March and 2 April, the Guiding Opinions emphasize a preference to have disputes resolved through mediation, but also reviews the conditions of the application of force majeure when handling civil cases involving the novel corona virus and the disease it causes, COVID-19.
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Fiscal Support Policies in Shanghai

21 April 2020
With the current Covid-19 crisis, governments all over the world are implementing policies to support local businesses. In China too, companies can enjoy some relief relating to taxation (incl. tax deferments and increase of export tax rebates) and social insurance contributions, while state-owned landlords are offering rent-relief. However, it is less well-known that many district […]
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Update on Annual Tax Filing Obligations in China

14 April 2020
Starting from the fiscal year 2019 both local Chinese and foreign nationals employed in China are required to declare their annual individual income tax before the end of June 2020.  R&P China Lawyers have prepared detailed instructions on how to make the annual tax declaration. Please contact us directly to receive the instructions. You can find […]
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