Expats in China 2022: IIT Reform and Immigration Requirements

Dear Members and Friends of SwissCham,

SwissCham Shanghai is delighted to invite you to attend our seminar in cooperation with PwC to discuss the individual income tax reform for foreigners in China as well as the latest immigration requirements (i.e. work permits for foreigners, permanent residence cards).

With the three-year transitional period to be completed in December 2021, whether the preferential tax treatment would be still applicable is drawing more and more attention. PwC's Tax Partner, Faye Yu, will discuss the relevant points and different tax treatments respectively (annual bonus, equity income, non-taxable benefits for foreigners, etc.). In addition, she will share the market practice with the suggestions to be taken by the companies regarding the potential changes from China's individual income tax perspective.

Due to the travel restrictions, which have not been given an expiration date, many foreign nationals who may or may not hold a valid residence permit are prohibited from entering China. Meanwhile, many foreign nationals have concerns about getting a China Permanent Residence Card: whether it will impact the tax residency in China and what's the requirement of obtaining the permanent residence card. With upcoming holiday seasons, many members plan to travel abroad. However, it is important to understand Covid-related travel issues before departing. PwC's Manager for Global Mobility, Ray Xia, will cover the latest travel policy in this section.

Welcome to join this seminar. We look forward to seeing you there!

Best regards,

Your SwissCham Team

6:30pm - 7:00pm Registration

7:00pm - 8:00pm Presentations

8:00pm - 8:15pm Q&A

8:15pm - 8:30pm Networking with drinks and finger food

退改政策 Cancellation of RSVP

如果您要取消出席活动,请在活动开始前48小时写邮件给 events@sha.swisscham.org。如未能及时取消,我们视同默认付款. 若非瑞士商会主办的活动，取消规则请参照活动主办发布的条款。

In case you need to cancel your attendance to the event, please write an email to: events@sha.swisscham.org at least 48 hours prior to the event. Failure to cancel your RSVP timely will require the payment of a "no show bill" of the full amount stated in this invitation. You can contact Nini Qi by telephone: 021 5368 1237. For third-party events, the event terms and conditions of the event organizer apply.

免责声明 Disclaimer

作为活动主（承）办方中国瑞士商会将在活动现场进行拍照，并可能在公共网页及社交媒体平台上公布照片用于活动后期宣传。参加中国瑞士商会的活动，我们将视同您默认我们有权因上述原因及以上述方式使用您的照片。如有异议，请联系events@sha.swisscham.org。

Please notice that Swiss Chinese Chamber of Commerce Shanghai (as the host of the event) will take photographs from the event and might post these on its public webpage and or social media platforms in order to create awareness of its events. By attending this event you consent to the Swiss Chinese Chamber of Commerce Shanghai taking and using photographs of you as described above. Please contact [events@sha.swisscham.org] if you have any inquiries related to this matter.