If the enterprise wants to hire Chinese employees, according to Chinese Labour laws and Labour Contract Law , it needs to pay Social Insurance and Housing Fund which is called "Five Insurances and One Fund", including Pension (Endowment Insurance), Medical Insurance, Unemployment Insurance, Maternity Insurance, Work Injury Insurance and Housing Provident Fund. This article introduces how to calculate the employees’ salary in China。
BIS, as the Accounting and Tax firms, we have vast experience of working in their sector. We have the know-how and understanding of getting things done when working in tight deadlines. We have strong networking and liaisoning with different key stakeholders like government bodies and other relevant stakeholders.