The China Social Security Law (“The Law”), which took effect on July 1, 2011, introduced a national framework aiming to standardize and strengthen the social insurance scheme administered by local governments for Chinese and foreign individuals, as well as their employers in China.
People's Republic of China Adopts Social Security System
Law firms and their foreign attorneys working in China should ensure that they will be compliant with the latest local Social Security rules and practices to avoid noncompliance penalties.
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Stanley Kolodziejczak And And Nancy ReganThis premium content is locked for Accounting and Financial Planning for Law Firms subscribers only
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