COVID-19 Legal Series (6): How are Employer's Social Insurance Contributions Reduced Under COVID-19

April 02, 2020 | BY

Susan Mok

Liu Yuxiang and Wu Qiong of Haiwen & Partners summarize the national and local policies introduced to support businesses and employers in China to help alleviate the economic impact caused by the coronavirus outbreak.

 

 

In addition to preferential tax policies, China has further announced a series of policies that reduce the social insurance burden of employers

 

In order to cushion the economic impact caused by the outbreak of the novel coronavirus 2019 (COVID-19), a series of policies have been issued at both national and local levels in China to support businesses and employers.  In addition to preferential tax policies, China has further announced a series of policies that reduce the social insurance burden of employers.

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