Changes in the Chinese Individual Income Tax Law as per January 1, 2022 affect foreigners

Based on the latest changes in the Chinese Individual Income Tax foreigners could face as per January 1, 2022 significant cuts to their net salary and bonuses. Dependent on the labour contract and whether the salary is fixed as before tax or after tax, companies may also face increased labour costs.

Get advice now from our partner in China, Horizons Corporate Advisory (talktous@horizons-advisory.com), in order to check possible impacts for your situation.

Your HütteLAW Team