Education & Training

China Payroll & Tax ServicesDepending on where your China company employees foreign and local employees, the payroll and taxation rules vary across cities. China has some unique rules on employment, for example foreign nationals must pay local tax and health insurance, and they can carry their own Health Insurance. Even more, employers of Chinese nationals must register and make contributions, which vary by region, to China’s social insurance system, otherwise known as the & quot;Five Insurances,& quot; plus a housing fund. The Five Insurances comprise a pension fund, medical insurance, commercial injury insurance, unemployment insurance and maternity insurance.?For foreign companies, it would be much easier to use a local specialist payroll provider, who will simplify this process and ensure full compliance with local laws.?Why choose YINGKE:●Tailor payroll processing scheme specifically to your needs●Enable you to focus on your core business functions●No need to bear overhead in-house HR operation cost●Ensuring payroll accuracy and compliance, minimizing potential risk and costly mistakesOur services include:●Initial set-up of the payroll system;●Payroll calculation and net salary payment arrangement;●Payroll report for local accounting entry;●Preparation and filing of employees’ PRC Individual Income Tax returns and assistance in settling any related tax liability;●Assistance in the employer registration of social benefits and housing fund;●Monthly compliance work for social benefits and housing fund;●Annual assessment for local employees& acute; statutory social benefits and housing fund contribution;●Assistance with external audits and inspection by social benefit authorities;