In China, minimum wage will vary among the 31 provinces. Shanghai has the highest minimum wage of RMB 2.590 per month.
Some of the minimum wages are:
- Beijing RMB 2,320
- Guangdong
- Guangzhou RMB 2,300
- Shenzhen RMB 2,360
- Shanghai RMB 2,590
In China, minimum wage will vary among the 31 provinces. Shanghai has the highest minimum wage of RMB 2.590 per month.
Some of the minimum wages are:
The individual income tax in China ranges from 3% to 45%. Income tax is calculated according to progressive rates, where the tax rate increases as the gross annual income increases.
Gross Annual Income | Tax Rate (%) |
---|---|
Less than 36,000 | 3% |
36,000.01 - 144,000 | 10% |
144,000.01 - 300,000 | 20% |
300,000.01 - 420,000 | 25% |
420,000.01 - 660,000 | 30% |
660,000.01 - 960,000 | 35% |
Above 960,000 | 45% |
The employer cost will vary from province and region.
Shanghai: the employer cost is generally estimated at 36% of the employee salary.
Standard working hours are 8 hours per day, 40 hours per week. The standard workweek is from Monday to Friday. However, the work week can be extended to 6 days, and 44 hours per week.
Overtime payment is mandatory. Hours outside of standard work hours are considered overtime. Employees can work a maximum of 3 hours of overtime a day. For additional hours, employees are paid:
Employees can work up to 36 hours of overtime per month.