Employment

Company Handbooks, Employment Contracts And Hong Kong Permits

Issues:

A FIE can employ freely foreign and Chinese nationals and it may station staff throughout China, however, the most recent 1.1.2008 Employment Contract Law has regulated the employer-employment relationship in detail.

Every company must now take these Chinese employment regulations into consideration and build company employment handbooks for employment conditions with specific terms.

Chinese person income tax can be as high as 45% and Hong Kong offshore banking facilities might help companies to structure effective salary and remuneration packages for foreign employees and high salary Chinese personnel.

In case of a Hong Kong Holding company, foreign employees may be working in China via Hong Kong employment permits, and remuneration can be paid outside China and such remuneration packages can include salaries, bonuses, relocation allowances, housing allowances, home passage and share benefits under Hong Kong Law.

How we can help:

To meet your business needs, we provide the services of:

• China Remuneration Structures and Regulatory Requirements

• Company Employment Handbooks with Detailed Terms

• Employment Contracts and Issues with LabourUnions

• Advise on the Liability of Staff Individual Income Tax and Social Security Contributions and Mandatory Payments

• Present feasible and tax effective remuneration structures for Foreign Employees

• Withholding Obligations at China Individual Income Tax Fields

• Legal Assistance in Preparing Employment Contracts, Transfer Agreements and Cost Reimbursement

• HongkongEmployment Issues and benefits for Hongkong Employment Permits and Tax S