A step by step guide on how to open a bank account in China
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expat
The cost of hiring a British or other foreign national in China is set to grow by as much as 30% by 2022, depending on how the company structures its contracts with foreign workers. Joe Cash explains. Next year’s increased costs of employing foreign workers comes as a result of changes to the Individual Income Tax (IIT) system planned for 2022, in line with amendments to China’s tax code that …