Dear Customers,
Please find below notice for the statutory adjustments in July in China for your reference, the contribution base is according to the monthly average salary in year 2020.
Shanghai
HF– The proportion of individual and companies’ contribution rate remain as 7% per each. After the adjustment, maximum contribution fee will be RMB 4342 including individual and companies’ parts (exclude the supplementary housing fund contribution). The proportion of individual and companies contribution rate of the supplementary housing fund remain as 1%-5% per each (only adopt direct integer), and the actual rate will be chosen by the company according to its own situation.
File name: 沪公积金管委会〔2021〕5号
SI- Please refer to the social insurance rate table. Maximum base amount is 31014.
Beijing
HF- The proportion of individual and companies’ contribution rate remain as 12% per each. Maximum contribution fee will be RMB 6774 including individual and companies’ parts.
Guangzhou
HF- The proportion of individual and companies’ contribution rate can be chosen from 5% to 12% (only adopt direct integer), and EE rate should not be less than ER rate.
SI- Please refer to the social insurance detail table.
For any further information, please feel free to contact us if you have any question.
