Company Formation
such as BVI, Samoa etc.
Company Parking
Service in Hong Kong
Service in China
ABOUT TRUST ONLINE |
Individaul income tax rate
Individaul Income Tax (IIT) Rate
Individaul Income Tax (IIT) calculation
| Bands | Monthly taxable income | Tax Rate (R%) | Short cut deduction (A) |
| 1 | RMB 500 and less | 5 | 0 |
| 2 | RMB 500 ~ 2,000 (include 2,000) | 10 | 25 |
| 3 | RMB 2,000 ~ 5,000 (include 5,000) | 15 | 125 |
| 4 | RMB 5,000 ~ 20,000 (include 20,000) | 20 | 375 |
| 5 | RMB 20,000 ~ 40,000 (include 40,000) | 25 | 1375 |
| 6 | RMB 40,000 ~ 60,000 (include 60,000) | 30 | 3375 |
| 7 | RMB 60,000 ~ 80,000 (include 80,000) | 35 | 6375 |
| 8 | RMB 80,000 ~ 100,000 (include 100,000) | 40 | 10375 |
| 9 | Above RMB 100,000 | 45 | 15375 |
Individaul Income Tax (IIT) calculation
- Monthly taxable income x R% - A
| Monthly taxable income | |
| non Chinese | Salary - 4800 |
| Chinese | Salary - 2000 |
| It is non-taxable if income is lower than RMB 4,800 for non-Chinese, and RMB 2,000 for Chinese. | ||
