On 29 November 2019, the Ministry of Human Resources and Social Security promulgated provisional measures requiring employers to contribute to mainland China social insurance for Taiwan, Hong Kong and Macau (THKM) residents living and/or working in mainland China. The new […]
In March 2019, the government of China released social insurance policies that reduced the employers’ contribution to basic pension insurance from 20% of an employee’s salary down to 16%. This change takes effect 1 May 2019. China has one of […]
Starting 1 January 2019, social security contributions will be levied by the tax authorities rather than social insurance administrative authorities. This change is part of the government’s ongoing efforts to increase compliance with social insurance contribution requirements while standardizing, and in […]
On 3 August 2018, the Chinese State Council published a circular abolishing 11 administrative licenses including the employment permit requirements for residents of Taiwan, Hong Kong and Macau (THKM). To facilitate employment processes, a work permit will no longer be […]