πŸ‡¨πŸ‡³ China

Asia
0 residency programs
Residence-based taxation
Li River, China

Countries / China

Known for

Fact Sheet

Continent

Asia

Demonym

Chinese

Calling code

+86

Driving side

Right

Motto

Serve the People (δΈΊδΊΊζ°‘ζœεŠ‘)
Population
1,409,517,397
Human development index
0.75
Life expectancy
76 years
Unemployment rate
5%
Inflation rate
2.1%
Fertility rate
1.6

Cost of Life

Cost of Living Index
40.04
Rent Index
16.38
Groceries Index
40.37
Restaurant Price Index
29.16
Local Purchasing Power Index
60.88

Taxation overview

Tax system

Residence-based taxation

Countries with a residence-based taxation levy tax from your worldwide income for as long as you're a tax resident of that country. This is the most common taxation system.

Tax residence definition varies from country to country. General rule is you're a tax resident of a country if you spend 183 days or more in it in a year.

Tax Treaties (9)

China has concluded 9 tax treaties (also called double tax agreements, or DTAs) with other countries to avoid or mitigate double taxation. Such treaties may cover a range of taxes including income taxes, inheritance taxes, value added taxes, or other taxes.
Note: the list below may not be exhaustive.
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