| Hi everybody, I was told by a consultant saying that; foreigner working in China is divided by 2 categories. a) non-resident b) resident Non-resident means you have not buy any property in China,i.e house Resident means you have bought a property and your name has appear in the title deed. For non-resident, 1) stay in China, work less than or equal 90days a year, you need to declare your China income tax (salary pay in China) 2) stay in china, work more than 90days, less than a year, you need to declare China and foreign country income which is related to your working income (salary pay in China and in foreign land, China's dividen, shares profit...) 3) stay less than or equal to 183 days, you need to declare your China income tax (salary pay in China) 4)stay more than 183 days, less than a year, you need to declare China and foreign country income which is related to your working income (salary pay in China and in foreign land, China's dividen, shares profit...) 5) stay more than a year, and less than or equal to 5 years, need to declare all income in China (salary pay in China and in foreign land, China's dividen, shares profit...and foreign land income) 6) stay more than 5 years, need to declare all income in China (salary pay in China and in foreign land, China's dividen, shares profit...and foreign land income) After the 6 years, all income you have ( in China and in foreign land) are all taxable. For Resident Need to declare everything. Both in China and in foreign land. Try to use other name on your behalf in foreign land, then you need not to declare that amount. 120K declaration is for their references and store into their data base. There will be a 20% random check in later part.........may god bless us !!!!!! Hahaha.....just declare what you know, it will not harm you much. Your friendly Neigbourhood........... Hope this will help all of you. |
Personal Income Tax in China