±Get Our Free Expat Guide
±Compare Expat Providers
±Expat Focus Partners
· Expat Focus Financial Update 23 May 2016
· Expat Focus Financial Update 16 May 2016
· Expat Focus Financial Update 09 May 2016
· Expat Focus Financial Update 2 May 2016
· New Expat? Don't Become A Victim Of Bad Financial Advice
· Expat Focus Financial Update 22 Apr 2016
· Expat Focus Financial Update 13 Apr 2016
· Don't Let Property Investing Become Too Taxing
· Expat Focus Financial Update 04/04/16
TaxationBack to top Back to main Skip to menu
China - Taxation
Different tax rates are levied on various categories of personal income, including wages, salaries, returns on investment, business profits and proceeds from property disposal. Progressive tax rates on income start from 5% for monthly income not exceeding RMB500, to 45% for income exceeding RMB100,000 per month.
A long-term expatriate resident China is allowed to bring into China a reasonable quantity of tax-free personal belongings, including a certain amount of clothing, small household appliances and books. The definition of 'reasonable quantity' as applied by Chinese customs officials might be somewhat different to a western definition. In order to benefit from the tax-free allowances, it is necessary for individuals to present to customs authorities their long-term residence certificate, their passport, their employer's business license and any available receipts and invoices for the items being brought into the country. Items over and above the tax-free amount are taxed at between 20% and 100% of their official value. Wine and tobacco products are taxed at 200%. Imported cars are taxed at around 100% of their 'official price' (often much higher than their actual price), plus a 20% licence plate tax. Details of the duties to be paid on various items can be obtained from the Chinese consulate in your home country.
There are severe penalties for under-reporting or tax evasion, including life imprisonment or capital punishment.
Expat Health Insurance Partners
At Bupa we have been helping individuals and families live longer, healthier, happier lives for over 60 years. We are trusted by expats in 190 different countries and have links with healthcare organisations throughout the world. So whether you're moving abroad for a change of career or a change of scene, with our international private health insurance you will always be in safe hands.
Cigna has worked in international health insurance for more than 30 years. Today, Cigna has over 71 million customer relationships around the world. Looking after them is an international workforce of 31,000 people, plus a network of over 1 million hospitals, physicians, clinics and health and wellness specialists worldwide, meaning you have easy access to treatment.