Recap of the first year annual China individual income tax reconciliation filing, sharing tax collection/administration trend and the latest hot topics

2020 has been an extraordinary year, and this is more so for Human Resources and Finance personnel. With the completion of the first annual tax reconciliation under the new Individual Income Tax ("IIT") law, have you reflected on the situation for your company and employees? Are there any outstanding matters to be dealt with? Elsewhere, are you concerned about how foreign employees stranded overseas could enter China? Are you properly handling your foreign employees' change of China tax residency and the implications?

While the first half of 2020 has brought many challenges to our work, there are also plenty of opportunities amid these challenges. The first-year application for "Guangdong-Hong Kong-Macao Great Bay Area IIT incentive policy", a significant policy in the post-IIT reform era, is coming to an end.  Are companies and taxpayers able to benefit from the policy? Are you well-prepared for the upcoming tax incentive policies in Hainan, Shanghai Ling Gang and Beijing, which the implementation details are being announced? Are your company and employees affected by the recent topics such as the transition of social security collection to tax bureau and "3-in-1 tax management system"?

Deloitte's Global Employer Services Team cordially invites you to participate in our seminar in relation to China's IIT reform. We will provide you with an overview of the important and complicated issues of the first year annual reconciliation filing from both policy and practice.  We will also discuss in detail how to carry out the ongoing IIT compliance related work.

In the meantime, we will help you understand the latest hot topics and upcoming trend in relations to IIT, immigration, social security, and equip you with the knowledge to cope with the changes and impacts brought by the IIT reform.

In view of the pandemic, this seminar will be conducted in both physical face-to-face and online sessions. You can register for the suitable session according to your availability. We look forward to your participation!

Details of the seminar

Deloitte Global Employer Services Team will conduct physical face-to-face sessions in October 2020 in Shanghai, Suzhou and Beijing while online sessions will be provided for other cities.

The agenda of the seminar is as follows:

* The morning session under the same agenda starts from 9:00am to 12:00pm. 

Date and registration channel for each session:

Shanghai
Date: 13 October 2020 (afternoon), 15 October 2020 (afternoon)
Venue: 30/F, Bund Center, 222 Yan An Road East, Huangpu District, Shanghai

Suzhou
Date: 16 October 2020 (afternoon)
Venue: 24/F, Block A, Suzhou Central Office Building, 58 Su Xiu Road, Industrial Park, Suzhou

Beijing
Date:16 October 2020 (afternoon)
Venue: 6/F, Xinglong International Building, 18 Qi Nian Street, Dongcheng District, Beijing

Online sessions

English session
Date: 22 October 2020 (morning)

Mandarin session
Date: 27 October 2020 (afternoon)

Cantonese session
Date: 29 October 2020 (afternoon)

Fee

RMB300 per person for physical session. RMB300 per person or HKD300 per person for online session. 

Registration

Click on the event link or scan the QR code below and then select the suitable session for registration.

Event link: Recap of the first year annual China individual income tax reconciliation filing, sharing tax collection/administration trend and the latest hot topics

Miscellaneous

As restricted by the venue, the maximum number of participants in each physical session is 50 people and each company may only have two participants. Please register as soon as possible. You will receive a confirmation email if your registration is successful. If you have any questions, please feel free to contact us.