Legal holidays 2026 in Mainland China
Following the notice announced by the State Council on 4 November, we enclosed in regard of the 2026 China holiday arrangement for your perusal.
Policy newsletter
New paid caregiving leave is introduced in SH
In order to effectively alleviate the burden on family caregivers and protect the rights of the elderly, Shanghai has introduced the first significant amendment to the Regulations on the Protection of the Rights and Interests of the Elderly in Shanghai in nearly a decade.
New base of social contribution for 2025
The contribution base is determined by the employee’s annual average salary of the previous year, subject to the upper limit and the lower limit of each city announced in the middle of the year.
Beneficial owner report filing due 1 November 2025
Pursuant to the Administrative Measures on Beneficial Owner Information effective from 1 November 2024, the Company is required to report ultimate beneficial owner (UBO) information to local authorities.
New labour dispute judicial interpretation
Recently, the Supreme People's Court issued Interpretation II on Issues Concerning the Application of Law in the Trial of Labour Dispute Cases. Notably, Article 19 of the Interpretation emphasizes that agreements to waive social insurance payments are legally invalid. We have summarized the key highlights below for your reference.
Aug. 2025 - New childbirth support policy in SH
The Shanghai Municipal Human Resources and Social Security Bureau, along with four other departments, has recently announced a new childbirth support policy aimed at alleviating the burden of enterprises. We have summarized the key takeaways below for your reference.
Tax policy to encourage foreign investment
On 27 June 2025, the Ministry of Finance, the State Administration of Taxation and the Ministry of Commerce announced a tax incentive policy aimed at encouraging foreign investors to reinvest distributed profits in China. This policy is applicable to investments made between 1 January 2025 and 31 December 2028.
Policies published to stabilization of employment
To promote high-quality economic development and make efforts to stabilize employment, the General Office of the State Council published enhanced policies to support employment stabilization.
Feb. 2025 - Lighten the burden of enterprises
To promote economic recovery, Shanghai will continue to implement a comprehensive set of measures to reduce the burden on enterprises this year. We summarize some of these measures below that may have an impact on your operations.
Jan. 2025 - Tax Filling Calendar 2025 in China
Following the notice announced by the State Taxation Administration on 23 December 2024, we enclosed the newsletter regarding the 2025 tax filling calendar for your perusal. Should you have any questions, please don’t hesitate to contact us. We’ll be happy to assist.
Dec.2024-Working Permits and Social Security Cards
To improve the comfort and convenience of foreigners working in China, it has been decided that from 1 December 2024, foreigners’ work permits will be integrated with social security cards and merged into a single card by loading information on foreign work permits to enter China onto social security cards.
13 Dec 2024
Beneficial Owner Information
Pursuant to the Administrative Measures on Beneficial Owner Information, effective from November 1, 2024, the Company is required to report Ultimate Beneficial Owner (UBO) information to local authorities.
13 Dec 2024
Dec. 2024 - Social Insurance Base of 2024
The Ministry of Human Resources and Social Security announced the upper and lower limits of salary bases for all social insurance contributions in 2024. Here we would like to summarize and share the new social contribution base of the Super Tier 1 cities in China, effective from July 2024.
1 Nov 2024
Legal Holidays 2025 in Mainland China
On 12th November 2024, the State Council announced the public holiday arrangements for 2025, which are “social” arrangements made in order to lengthen the number of consecutive days of holiday and allow employees to return to their home cities.
1 Nov 2024
The electronic invoice of air ticket is on its way
Following the promotion of the use of fully digital invoices in the rail passenger sector, in order to further facilitate the reimbursement of air passengers, the authorities have recently decided to promote the use of electronic invoices in the civil aviation passenger sector. In this newsletter, we present key points about electronic invoices of air ticket and the impact on your operations.
31 Oct 2024
Raising of the statutory retirement age in China
The Standing Committee of the National People's Congress has decided to gradually raise the statutory retirement ages for employees.
31 Oct 2024
Electronic invoice of train ticket is on its way
With the nationwide promotion of digital invoices, in order to facilitate the reimbursement of railway passengers, the authorities have recently decided to promote the use of electronic invoices in the rail passenger sector.
August 2024 - Social Contribution in SH and BJ
The contribution base is determined by the employee’s annual average salary of the previous year, subject to the upper limit and the lower limit of each city announced in the middle of the year. On 31 July 2024, the Ministry of Human Resources and Social Security of Shanghai and Beijing announced the upper and lower limits of salary bases for all social insurance contributions in 2024. Here, we...
July 2024 - Shenzhen Social Security Update
As of July 1, 2024, significant changes will be made to the Shenzhen social security regulations due to the upgrade of the social security system and Client platform of social insurance management. We summarize hereafter the main changes for your information.
Registered Capital Management System
To strengthen the management of registered capital registration of companies, standardize shareholders' lawful performance of capital contribution obligations, the State Council formulated related regulation in accordance with the Company Law of the People's Republic of China, which effected on 1 July 2024. We summarize down below the main measures that may have an impact on your operations.
Nov. 2025 - Legal holidays 2026 in Mainland China
Following the notice announced by the State Council on 4 November, we enclosed in regard of the 2026 China holiday arrangement for your perusal.
Oct. 2025 - A new paid caregiving leave is introduced in Shanghai
In order to effectively alleviate the burden on family caregivers and protect the rights of the elderly, Shanghai has introduced the first significant amendment to the Regulations on the Protection of the Rights and Interests of the Elderly in Shanghai in nearly a decade.
Sept. 2025 - New base of social contribution for 2025 in Beijing and Shanghai is announced
The contribution base is determined by the employee’s annual average salary of the previous year, subject to the upper limit and the lower limit of each city announced in the middle of the year.
Sept. 2025 - Reminder - Beneficial owner report filing due 1 November 2025
Pursuant to the Administrative Measures on Beneficial Owner Information effective from 1 November 2024, the Company is required to report ultimate beneficial owner (UBO) information to local authorities.
Aug. 2025 - Impact of the new labour dispute judicial interpretation on social insurance
Recently, the Supreme People's Court issued Interpretation II on Issues Concerning the Application of
Law in the Trial of Labour Dispute Cases. Notably, Article 19 of the Interpretation emphasizes that
agreements to waive social insurance payments are legally invalid.
We have summarized the key highlights below for your reference.
Law in the Trial of Labour Dispute Cases. Notably, Article 19 of the Interpretation emphasizes that
agreements to waive social insurance payments are legally invalid.
We have summarized the key highlights below for your reference.
Aug. 2025 - Shanghai has launched a new childbirth support policy to lighten the burden of enterprises
The Shanghai Municipal Human Resources and Social Security Bureau, along with four other departments, has recently announced a new childbirth support policy aimed at alleviating the burden of enterprises.
We have summarized the key takeaways below for your reference.
We have summarized the key takeaways below for your reference.
July 2025 - A new tax policy to encourage foreign investment & operation in China
On 27 June 2025, the Ministry of Finance, the State Administration of Taxation and the Ministry of Commerce announced a tax incentive policy aimed at encouraging foreign investors to reinvest distributed profits in China. This policy is applicable to investments made between 1 January 2025 and 31 December 2028.
July 2025 - Further enhancements to policies are published to support the stabilization of employment
To promote high-quality economic development and make efforts to stabilize employment, the
General Office of the State Council published enhanced policies to support employment
stabilization.
General Office of the State Council published enhanced policies to support employment
stabilization.
Feb. 2025 - Shanghai continues to implement comprehensive measures to lighten the burden of enterprises!
To promote economic recovery, Shanghai will continue to implement a comprehensive set of measures to reduce the burden on enterprises this year.
We summarize some of these measures below that may have an impact on your operations.
We summarize some of these measures below that may have an impact on your operations.
Jan. 2025 - Tax Filling Calendar 2025 in Mainland China
Following the notice announced by the State Taxation Administration on 23 December 2024, we enclosed
the newsletter regarding the 2025 tax filling calendar for your perusal.
Should you have any questions, please don’t hesitate to contact us. We’ll be happy to assist.
the newsletter regarding the 2025 tax filling calendar for your perusal.
Should you have any questions, please don’t hesitate to contact us. We’ll be happy to assist.
May 2024 - Measures to further optimize the management of foreign exchange business were announced
To promote high-quality development of trade and effectively enhance the ability to serve the real economy, the State Administration of Foreign Exchange (“SAFE”) has announced several measures to further optimize the management of trade foreign exchange business.
May 2024 - Continually implementing comprehensive policies to stabilize employment
To further support the enterprises to stabilize jobs and fully play the role of unemployment insurance, the Ministry of Human Resources and Social Security has announced a comprehensive set of policy measures to continually stabilize employment.
Dec. 2023 - New process of the social insurance declaration and payment in Shanghai and Beijing
To further improve the service experience in handling social insurance declaration and payment, and to reduce the cost of handling affairs, authorities will optimize and adjust the process of social insurance declaration and payment for employers and individuals in Shanghai and Beijing.
Contact
Thomas Chen Partner, Accounting & Outsourcing Solutions - Shanghai
Julia ZHEN Xiaoyun Partner, Accounting & Outsourcing Solutions - Beijing
