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Beijing, China

Key information

Tax and VAT

Sales Tax: 17%

Reduced Tax Rate: 13%

Population

City: 18,590,000

Metro Area: 24,900,000

Density: 1,300/km2 (3,400/sq mi)

Currency

Renminbi (CNY)

Symbol: ¥

Inflation: 2.5 % (February 2017)

Central bank: People's Bank of China

Official languages

Written: Simplified Chinese

Spoken: Mandarin

Wages

Minimal: 18.70 CNY per hour

Average: 72.15 CNY per hour

Overtime: In the event that employees do work overtime, they must be paid 1.5 times their usual wage.

Government services and
information

Local offers

Estonian e-Residency

Legal

Estonia is the first country to offer e-Residency, a government-issued digital ID available to anyone in the world. E-Residency offers the freedom to easily start and run a global business in a trusted EU environment.

The best way to start a business, anywhere in the world