The Social Security Rate For Companies in China stands at 28.52 percent. source: State Administration of Taxation

Social Security Rate For Companies in China averaged 37.56 percent from 2005 until 2022, reaching an all time high of 44 percent in 2006 and a record low of 28.52 percent in 2020. This page provides - China Social Security Rate For Companies - actual values, historical data, forecast, chart, statistics, economic calendar and news. China Social Security Rate For Companies - values, historical data and charts - was last updated on March of 2023.

Social Security Rate For Companies in China is expected to reach 28.52 percent by the end of 2023, 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 28.52 percent in 2024, according to our econometric models.

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China Social Security Rate For Companies



Related Last Previous Unit Reference
Personal Income Tax Rate 45.00 45.00 percent Dec 2022
Corporate Tax Rate 25.00 25.00 percent Dec 2022
Sales Tax Rate 13.00 13.00 percent Dec 2022
Social Security Rate 39.02 39.02 percent Dec 2022
Social Security Rate For Companies 28.52 28.52 percent Dec 2022
Social Security Rate For Employees 10.50 10.50 percent Dec 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
28.52 28.52 44.00 28.52 2005 - 2022 percent Yearly