| I am currently negotiating with my company on compensation package to move back to Shanghai and start a subsidiary there. I would love to have your advice on the following:
1. Tax implication for a US citizen living in Shanghai? Do I expect to be double taxed (paying tax to both the US and China? Is there a bilateral tax agreement between the US and China? 2. My company would like me to relocate to Shanghai with the market value of a local executive, this means that I would actually take a paycut but with incentives such as additional stock options. I would like to know what is a typical company executive makes in China? 3. As a US citizen, I am afraid that I will be forced to pay a premium price on almost everything vs the locals (i.e. much higher rent payment, auto-payment, etc) and therefore my cost will be much greater than a local executive with the same standard of living. Is this true and what should be my expectation? Your timely response to the above questions would be greatly appreciated to help me make a better decision regarding the position. |
Going Back to China?