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Innovare China, a cornerstone of the Innovare Group, empowers seamless business expansion into China's dynamic market. Leveraging our comprehensive Employer of Record (EOR) services, we ensure your venture's smooth adaptation to the local business environment. Our in-depth expertise and unwavering commitment to compliance pave the way for your success in China.
Navigate Japan's unique business landscape effortlessly with Innovare's comprehensive EOR solutions. From intricate immigration services to seamless payroll administration, we're your bridge to tapping into the world's third-largest economy.
Innovare China, a cornerstone of the Innovare Group, empowers seamless business expansion into China's dynamic market. Leveraging our comprehensive Employer of Record (EOR) services, we ensure your venture's smooth adaptation to the local business environment. Our in-depth expertise and unwavering commitment to compliance pave the way for your success in China.
Expert navigation through China's evolving business landscape.
Streamlined processes for employing foreign talent and managing payroll.
Dedicated support for ensuring adherence to local laws and regulations.
Specialized solutions for both expatriates and local professionals in China.
In China, written employment contracts outlining key terms must be provided to new hires within one month of their start date. These contracts establish a foundation of trust and clarity by specifying:
China mandates monthly salary payments on the last working day of every month. Furthermore, Chinese employees receive a customary “13th month” or “14th month” pay in the month of the Lunar New Year or Spring Holiday.
Standard workweeks are 40 hours, with overtime capped at 36 hours per month. Employer social security contributions and employee deductions are subject to mandatory rates that vary by region and can change annually.
China operates a progressive income tax system for both residents and foreign nationals working in China. All income derived from work performed in China is subject to taxation, regardless of payment location. Here's a breakdown of the tax structure:
Chinese employees enjoy statutory leave benefits that promote work-life balance and employee satisfaction. These include:
China's social security system provides financial security for employees in retirement, unemployment, work injuries, maternity, and healthcare. Mandatory contributions are made monthly by both employers and employees, with rates varying by region and subject to change annually.
Social Insurance (SI): Covers retirement pensions, unemployment benefits, work injury compensation, and maternity benefits.
Housing Fund (HF): Contributes towards the purchase of a home in China with minimum and cap, depending on location.
China adheres to a termination process requiring adherence to labor law with designated notice periods or compensation in lieu of notice.
China's massive domestic market and continuous growth make it a top destination for foreign business expansion.
China's rising R&D investment and thriving tech scene foster a dynamic environment for businesses across sectors.
Strategic policies like tax breaks and streamlined registration processes make China attractive for foreign investors.
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