How to Choose a China Payroll Company That Grows With Your Business

 The first payroll cycle a foreign business runs in China sets the foundation for everything that follows. If the employment contract is structured correctly, social insurance obligations are addressed from the commencement of employment, the required registrations are completed within the applicable statutory periods, and the IIT calculation is established with the correct cumulative basis, the payroll function has a clean starting point.

 

If any of these steps are wrong, the errors compound month by month until they are identified and corrected.

For the first hire, the most critical things a China payroll company must get right are these.

 

The employment contract should be concluded when employment begins or, if it is not signed at that time, within one month after the employee starts work. The contract must include the mandatory terms required by Chinese employment law. A probation period is not mandatory, but where one is agreed, it must comply with the statutory limits applicable to the contract term.A contract that fails any of these requirements does not protect the employer and creates liability that may not surface until a dispute arises.

http://chinapayroll.pbworks.com/w/page/164734065/How%20to%20Choose%20a%20China%20Payroll%20Company%20That%20Grows%20With%20Your%20Business

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