China CurrencyHome/China Taxes/China CurrencyThe Chinese YUAN (CNY)In China, the currency in use is the YUAN (CNY) or the RENMINBI. The YUAN is divided into ten JIAO. The JIAO is divided into 10 FEN. The Chinese YUAN is available in denominations of 1, 2, 5, 50 and 100 YUAN....
Matters covered in this issue include: Public notice (PN) regarding matters related to the 2023 annual Individual Income Tax filing for consolidated income; Decisions on the amendments to the “Implementation Rules for the Administrative Measures of the
Discover China's Corporate Income Tax for 2025. Learn about rates, filing, exemptions, and policies to stay compliant and optimize your tax strategy.
1. Individuals who do not have a residence in China and have resided in China for a cumulative period of 183 days for less than six consecutive years shall be exempt from personal income tax on their income from sources outside China and paid by overseas units or individuals after filing w...
Ltd. recently organized a webinar for the Austrian Business Community with the title “Changes in the IIT-Law – Consequences for Expats in China”. Ms. Sally Chen, partner in charge of financial and tax consulting servic...
损益表:中国光大银行:所得税在12-01-2018达6.936十亿人民币,相较于12-01-2017的8.830十亿人民币有所下降。损益表:中国光大银行:所得税数据按年更新,12-01-1995至12-01-2018期间平均值为1.747十亿人民币,共23份观测结果。该数据的历史最高值出现于12-01-2015,达9.623
BEIJING, March 28 (Xinhua) -- China has announced tax-relief policies for parents rearing children under 3 years old, according to a State Council circular issued on Monday. Starting Jan. 1, 2022, the individual taxable income of such parents can be reduced by a total of 1,000 yuan (157...
In China, the employer is responsible for calculating and contributing mandatory benefits and individual income tax on the employee’s behalf. This means that the employer must ensure accurate computation of payroll, taking into account various elements such as mandatory benefits, individual income tax...
Whether you file your own tax returns or not, you should have income tax records in China if you’re on a work visa. 无论你是否提交自己的纳税申报表,如果你持有工作签证,你都应该在中国有所得税记录。 Why would I need to get my tax records?
Non-China domiciled individuals working in China can currently enjoy tax-exempt benefits-in-kind, including the below eight categories: 目前,在中国工作的非中国籍个人可享受的免税实物福利包括以下八类: 1.Housing expense 1.住房费用 2.Meal fee ...