Payroll Outsourcing Solution in china
Outsource your staff’s payroll and compliance, and focus on your company’s growth.
Outsource your payroll in china
Our payroll outsourcing solution can help your business overcome China’s HR requirements. Due to the constantly-changing business environment, we are here to facilitate your business journey, offering different payroll outsourcing solutions customizable to your needs. Our solution is suitable for both companies with a legal entity in China and companies without a legal entity.
Payroll & Tax Solution
We offer a customized and cost-effective end-to-end payroll management solution for foreign SMEs and start-ups all over Mainland China. We ensure all employer’s liabilities are complied with according to the local regulations.
*This solution best applies to companies owning a Wholly Foreign Owned Entity (WFOE) or Representative Office (RO) which need payroll, tax compliance and mandatory contribution assistance during their business venture in China.
PEO/Employer of Record
Legally hire your employees in China while we handle all employer liabilities. Our PEO solution enable companies without a legal entity in China to directly hire staff on-ground. We handle all administrative, legal and HR aspects of the employer, and therefore, act as the employer of record.
*This solution is advised to any foreign company without registered entities in China, while keeping a low risk and small investments during the initial phase.
payroll package for a complete compliance in china
- Monthly payroll calculation and delivery
- Individual income tax management and declaration
- Employee social benefits contribution
- Monthly and annual payroll report
- Electronic pay-slip reporting
- Payroll data maintenance
- Updates for policies and regulations
- Work-related injury advisory
Fully Outsource Payroll Solution in China
- Employees’ payroll, taxes, social benefits are outsourced to us, enabling your workforce to save time and focus on the growth of your business.
- Avoid extra costs to hire HR experts to manage all the aspects related to payroll in China.
- We can ensure a full compliance with local laws and regulations, providing a safe fiscal and tax environment.
- Our solution is flexible and customizable, so that it can easily adapt to any business size and payroll headcounts.
- The client company drafts each of the employees’ labor conditions.
- Upon confirmation, NNRoad calculates the total cost of payroll, taxes and social benefits contributions.
- NNRoad issues an invoice to the client company with each employee’s detailed payroll cost estimation.
- On a monthly basis, upon client’s payment, NNRoad delivers the relevant salaries and pays all required taxes and social contributions to Chinese authorities.
Social Security
Social benefits are an extremely important part regarding payroll in China. Handling this can be very challenging for companies operating in China, because rates and bases are changed every year and they also change based on the location.
China’s social security system is divided into two parts:
- The five mandatory social insurances, which include the pension, unemployment, work injury, maternity, and medical insurance
- The housing fund that ensures that employees can save money to buy a house in China.
Individual Income Tax
Regarding wages and salaries, according to the China tax law, the threshold for individual income tax is 5,000 yuan. The Individual Income Tax in China is paid by both local and foreign employees. It’s administered on a progressive tax system with the tax rates from 3% to 45%.
