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back to index backASIAtalk February,  2012


Two More Chinese Cities Set to Levy Tax on Expats

The Chinese cities of Tianjin and Suzhou could soon levy a new tax on foreigners as part of a social security scheme for expatriate workers.

With the new plan, the foreign workers would be eligible for pension, medical insurance, and other benefits.

In the past two weeks, Tianjin and Suzhou have joined Beijing in registering foreigners who work there.

Under the new tax regulation, which was meant to take effect three months ago, foreign workers will have to pay up to 11 percent of their monthly salary.

Employers will pay up to 37 percent of their expatriate workers' salaries, with a cap of about 11,700 yuan, or US $1,853.

Some foreign-based companies say the new tax will increase the cost of doing business in China, and that Chinese authorities have not clearly pointed out how expatriates will benefit.

In Suzhou, a foreign executive said that the move to register foreigners does not necessarily mean that they will implement the ruling immediately.

Local authorities may fear that doing so would make it difficult to attract or retain foreign investment.

Shanghai may stall on the tax to pacify foreign investors, the South China Morning Post reported.

The city of Guangzhou recently indicated that it needed more time to study the new ruling.

Source: GLOBALITY - GAI





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