Payroll Service
CBC- Primasia is one of the leading payroll outsourcing companies in China. Payroll services are not as straight forward as in other countries. Challenges include the calculation of the termination payment, which can be sensitive under the new labor law. In addition, the employer needs to help its employees to pay Individual Income Tax (IIT) as well as mandatory social welfare, including pension and housing fund contributions, medical insurance, unemployment insurance, work injury insurance and maternity insurance.