First, you can purchase after-tax RMB income such as wages, bonuses and allowances of foreign employees of foreign-invested enterprises. You are not allowed to withdraw cash after purchasing foreign exchange, but you can remit it directly or transfer it to your foreign exchange deposit account.
The second is the wages, bonuses and allowances of foreign employees. It is not allowed to issue foreign currency cash directly, but it can be remitted directly from the enterprise's foreign exchange account or transferred to its own foreign exchange deposit account.
Third, if the wages, bonuses and allowances of foreign employees are paid by the overseas parent company, they can only be directly remitted to the overseas designated account of the overseas parent company by the enterprise, and foreign currency cash cannot be withdrawn.
These Provisions are formulated in accordance with the decision of the Third Session of the Sixth National People's Congress of People's Republic of China (PRC) on authorizing the State Council to formulate provisional regulations or laws on economic restructuring and opening up. Article 2 The income from wages and salaries of the following foreigners shall be levied at half of the personal income tax payable in accordance with the Individual Income Tax Law of People's Republic of China (PRC): (1) Foreigners working in Sino-foreign equity joint ventures, Sino-foreign cooperative ventures and foreign-funded enterprises established in China; (2) Foreigners working in the offices of foreign companies, enterprises and other economic organizations in China; (3) Other foreigners working in China. Article 3 Income from wages and salaries of overseas Chinese and compatriots from Hong Kong and Macao working in China shall be reduced by applying mutatis mutandis the provisions of Article 2. Article 4 The Ministry of Finance shall be responsible for the interpretation of these Provisions. Article 5 These Provisions shall come into force as of August 6, 1987/kloc-0.
The wage income of foreigners working in foreign-funded enterprises is divided into domestic payment and overseas payment. Most of the overseas payments are borne by the overseas head office, which is not reflected in the accounts of domestic enterprises and is difficult to monitor.
At present, the general practice is to use the income certificate issued by the overseas dispatching unit to determine the income paid from overseas but belonging to the domestic work period according to the entry and exit time on the passport.
However, because the personnel come from all corners of the country, it is difficult to verify the authenticity of the certificates issued by the dispatching units in different forms.
The income system and structure of foreigners are quite different from that of China.
According to the tax law, housing subsidies, food subsidies, relocation expenses, laundry expenses, etc. If a foreigner obtains it in the form of non-cash or reimbursement, it cannot be included in the wage income tax.