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SALARY PAYMENT IN Chinese Yuan (CNY, ¥)
CONTRACT LANGUAGES Mandarin & English
PAYROLL TAX 39.50% – 41.20%
PAYROLL CYCLE Monthly
TIME TO HIRE 12 hours
Hire and pay talents
with Horizons in
180+ countries
China has free public healthcare that is paid into by the employee and employers payroll contributions. China’s free public healthcare will cover a lot of medical needs. However, it is customary to use a combination of private health care insurance and public healthcare to receive a higher level of medical care.
China’s pension system consists of a basic pension and a mandatory second-tier plan. Many of the parameters can depend on the region. It is popular to have additional retirement savings to combine with the pension.
The Constitution of the People’s Republic of China ensures protection for individuals with disabilities. The laws in China will protect those with disabilities in regards of employment opportunities, educational access, legal liability, and sufficient care. In the case the individual is unable to work, they will receive sufficient care and pay.
Unemployment in China will provide enough money to the jobless for basic standard of living. The unemployment insurance fund is paid into by a combination of employee, employer, and government funds.
Your business can easily hire employees in China without opening a local entity. We handle local employment law, complex tax regulations, and international payroll in 180+ countries worldwide. All you need to do is focus on your business.
Employee benefits that are mandatory in China are the 5 pillars. Pension fund, medial insurance, unemployment insurance, maternity insurance, and occupational injury insurance.
Horizons will cover these 5 pillars and make sure that your company is fully within compliance with the labor laws of China and maintain a competitive standard.
Headquarters
71 Robinson Road #13-153
Singapore 068895
+65 3158 1382
Europe
Skalitzer Str. 85/86
10997, Berlin
+49 30 3119 9653
Americas
1700 S. Lamar Blvd Suite 338
Austin, Texas 78704
+1 (737) 265-6065
See more locations
71 Robinson Road #13-153
068895, Singapore
+65 3105 1170
Skalitzer Str. 85/86
10997, Berlin
+49 30 3119 9653
1700 S. Lamar Blvd Suite 338
Austin, Texas 78704
+1 (737) 265-6065
See more locations
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