The Social Security Rate For Companies in China stands at 37 percent.

Social Security Rate For Companies in China is expected to reach 37.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the China Social Security Rate For Companies is projected to trend around 37.00 percent in 2021, according to our econometric models.

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China Social Security Rate For Companies

Actual Previous Highest Lowest Dates Unit Frequency
37.00 37.00 37.00 37.00 2005 - 2018 percent Yearly

China Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 25.00 25.00 33.00 25.00 percent [+]
Personal Income Tax Rate 45.00 45.00 45.00 45.00 percent [+]
Sales Tax Rate 13.00 13.00 17.00 13.00 percent [+]
Social Security Rate 48.00 48.00 48.00 48.00 percent [+]
Social Security Rate For Companies 37.00 37.00 37.00 37.00 percent [+]
Social Security Rate For Employees 11.00 11.00 11.00 11.00 percent [+]


China Social Security Rate For Companies
In China, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of China because they help to pay for many social programs including welfare, health care and many other benefits.