Module: PYCN | Molga: 44 | Currency: CNY | Region: APAC
Field | Detail |
Statutory | 5 Social Insurance types, HPF (city-varying), IIT 3-45% |
Tax | Individual Income Tax (IIT) Progressive 3-45% |
Key Feature | City-Specific HPF & IIT Comprehensive Annual Calculation |
Pay Frequency | Monthly |
Banks | ICBC, CCB, ABC, Bank of China |
China-Specific Configuration
City-Specific Configuration
- Personnel Areas by tier-1/2/3 city: Shanghai, Beijing, Shenzhen, Guangzhou differ
- Social insurance rates vary by city (configure per PA)
- HPF (Housing Provident Fund) rates: 5-12% EE+ER; city-specific ceilings
- HPF monthly contribution ceiling: Shanghai CNY 4,776, Beijing CNY 4,776 (varies)
Chapter 4: Chinese Payroll Schema
- IIT Progressive Rates: 3% (0-36K), 10% (36-144K), 20% (144-300K), 25% (300-420K), 30% (420-660K), 35% (660-960K), 45% (>960K)
- Special deductions: housing loan interest (CNY 1,000/month), rent deduction, child education, elderly care
- Comprehensive Annual IIT Settlement: March-June following year
- Social Insurance: Pension (8%+16%), Medical (2%+9.8%), Unemployment (0.5%+0.5%), Work Injury (0-1.5%), Maternity (0+0.5%)
Chapter 5.5: Chinese Statutory
- IIT monthly prepayment: cumulative withholding method
- Annual IIT reconciliation: comprehensive income settlement
- Social Insurance declaration: monthly via local social insurance bureau portal
- HPF declaration: monthly via local HPF management center
- Labor Contract registration: local human resources bureau
Annual Updates
- Social insurance base ceiling/floor updates per city (typically April)
- IIT special deduction standard adjustments