Benefits commonly offered to employees of large multinational companies in Shanghai may include:
When negotiating a package, you should bear in mind that expenses that are considered 'work-related' in other countries are often not tax deductible in China. For example, if your employer gives you an additional allowance each month as a contribution towards your accommodation, it will be considered as income for the purpose of taxation. Benefits payable in this way should be considered in terms of their net value, i.e. the amount of money that you will receive in your bank account after all deductions have been made.
Update 11/09/2006
If you want to move money abroad, from China or to China for example, Fexco provides efficient and secure global bank to bank transfers and bespoke payment solutions for both business and personal clients.
Fexco provides a secure international money transfer service online or by telephone with bank beating fx rates and low fees. Specialises in high-value transfers.
Fexco will help you to keep your overseas money transfer costs to a minimum.
Margin | 0.6% |
---|---|
Regulator | FCA |
Fee | £10 < £5K or Free > £5k |
Mini | £1K |
Ccy | All (130 currencies, incl ‘exotics’) |
Services | Repatriation of funds, Property, Regular payments, High Value payments, spot, online, telephone. |
When you are ready to make your transfer, John and his team will be available to help you with better rates and an unrivalled service to make sure your funds are delivered securely and speedily.