Business lawyer Blog

How you make money from your Limited Liability depends on what it’s for and how much you take out.

Expenses / Salary and Benefits

in China you must register a company as an employer, and then pay the salary, expenses or benefits to anyone.

Your chinese company must pay the VAT, the Customs tax and corporation income tax, individual income tax.

Dividends
A dividend is a payment a company can make to shareholders if it has made a profit.

You can’t count dividends as business costs when you work out your Corporation Tax.

If you are an employer in China and provide expenses or benefits to employees or directors, you might need to tell Chinese tax department and pay tax and social insurance on them.

Please Contact our professional legal adviser to find out more.