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EOR Partners in China
Employ in China
China, a blend of ancient traditions and rapid modernization, stands as a testament to resilience and ambition. Its journey from a millennia-old civilization to a forefront global economic power offers unique opportunities for businesses. The country’s strategic push towards technological innovation and digital economy opens new avenues for global enterprises.
About the Country of China
Home to the Great Wall and the booming megacities like Shanghai and Beijing, China's vast and varied landscape mirrors its economic diversity. As the world's second-largest economy, it's a central player in global trade, offering a dynamic market environment. Its commitment to infrastructural development and urbanization continues to attract international investment.
1.425 billion
Population
Chinese Yuan (CNY)
Currency
17.73 trillion
Global Domestic Product
Why Choose China For Global Expansion?
The allure of China's market lies in its sheer size and growing middle class, presenting unmatched consumer markets. Coupled with its dominant manufacturing sector and burgeoning tech industry, China is pivotal for companies looking to scale globally. Its evolving regulatory environment and investment in innovation make it a fertile ground for business expansion.
Employment Landscape
China's workforce is vast and diverse, with competitive labor costs and specific regulatory frameworks governing employment.
Our Services in China
We provide comprehensive support, from navigating regulatory complexities to establishing and managing your workforce effectively.
Employment Benefits in China
Mandatory benefits in China include social insurance and housing fund contributions, key to employee welfare.
Annual Leave
Employees are entitled to annual leave, with the duration increasing with the length of service.
Sick Leave
Regulations provide for sick leave, with specifics dependent on tenure and local laws.
Additional Benefits
Many companies offer additional perks like bonuses, health insurance, and housing allowances to attract top talent.
Work Hours and Breaks
The standard legal workweek in China caps at 40 hours, with specific regulations regarding overtime and breaks.
Salary Tax Table
| Annual Taxable Income | Tax Rate | Quick Deduction (CNY) |
|---|---|---|
| 0 - 36,000 | 3% | 0 |
| 36,000 - 144,000 | 10% | 2,520 |
| 144,000 - 300,000 | 20% | 16,920 |
| 300,000 - 420,000 | 25% | 31,920 |
| 420,000 - 660,000 | 30% | 52,920 |
| 660,000 - 960,000 | 35% | 85,920 |
| over 960,000 | 45% | 181,920 |
*All figures based on local currency
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