Greetings from i-Admin.
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 2021.
Shanghai
HF – The proportion of individual and companies’ contribution rate remain as 7% per each. After the adjustment, maximum contribution fee will be RMB 4786 including individual and companies’ parts (exclude the supplementary housing fund contribution). The proportion of individual and companies’ contribution rate of additional housing fund remain as 1%-5% per each (only adopt direct integer), and the actual rate will be chosen by the company according to industry category.
Reference website: link
SI – Please refer to the social insurance detail table. Maximum base amount is 34188.
Reference website: link
Beijing
HF – The proportion of individual and companies’ contribution rate remain as 12% per each. After the adjustment, maximum contribution fee will be RMB 7652 including individual and companies’ parts.
Reference website: link
SI – Please refer to the social insurance detail table. Maximum base amount is 31884.
Reference website: link
Guangzhou
HF – The proportion of individual and companies’ contribution rate can be chosen from 5%-12% (only adopt direct integer), and EE rate should not be less than ER rate.
Reference website: link
SI – Please refer to the social insurance detail table.
Reference website: link
Please feel free to contact us if you have any questions.
Yours Sincerely,
i-Admin
