Personal Financial Management FAQ's

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Which opinion exist in the jurisdiction in the case that, some individuals, living in the territory of China longer than 5 years in this situation?

For individuals who have lived within the territory of China for 5 full years, from the sixth year onwards, individuals who have lived within the territory of China for one full year shall declare payment of tax on their incomes gained from inside and outside China every year. For those individuals who have lived in China less than one year, they shall declare payment of tax only on their incomes of that year gained from within the territory of China.

From the sixth year onward if an individual resides less than 90 days within the territory of China, their tax obligations shall be determined according to the Individual Income Tax Law of China and the 5 year time limit will start recomputing from the year when they have lived within China for one full year again.