Kindly let me know the Per diem allowance paid at your Co’s for the short term travellers to China.
From India, Bangalore
From India, Bangalore
Thanks for the quick response. Since it is business trip, if a co., dint pay appropriate per diem the person may deny to travel.
Hence I am looking out how other co., are paying to their Travellers. Is it paid as USD or INR??
From India, Bangalore
Hence I am looking out how other co., are paying to their Travellers. Is it paid as USD or INR??
From India, Bangalore
\Per diem is decided by the daily cost incurred by an employee while working in a different location. It includes the expense with relation to the standard of living of the city and Business - project valuation.You may calculate the amount with respect to the land where the employee is. For example its in INR for Indian employees , whereas it would be in USD for employees in US .MNCs maintain a common sheet on USD to create a parity . Do arrange for an initial amount within the office which the employee would collect before leaving . Thereafter , you may allow the employee to use the Diner's , Amex or whichever credit card is issued to the employees who are travelling . The employee needs to be issued a letter mentioning the project date , amount of Per diem allowed. Later on the employee needs to apply for reimbursements through your ERP and pay the credit card bills.
Cost of Living in Shanghai, China. Prices in Shanghai.
Xpatulator - cost of living index calculator
http://www.libraries.rutgers.edu/rul..._diem_2010.pdf
Per Diem Calculator, IATA Airport Codes Linked to Cities
From India, Mumbai
1859Cost of Living in Shanghai, China. Prices in Shanghai.
Xpatulator - cost of living index calculator
http://www.libraries.rutgers.edu/rul..._diem_2010.pdf
Per Diem Calculator, IATA Airport Codes Linked to Cities
From India, Mumbai
I would appreciate if you could let me know the official China govt. website for legal per diem charges and travel policy
From United States, West Palm Beach
From United States, West Palm Beach
You may consider the reports published by 'The Economist' while framing your policies. These are few white papers published by the legal authorities .
Government website for working in China
From India, Mumbai
Government website for working in China
From India, Mumbai
I need urgent help.I have to depute some of my employees in china for doing project there with a reputed OEM in china for more than One Year. My problem is that this is being done very first time in my organisation.What I want to know is:
1. What are the different payment terms by which they can be paid salaries??
3 How the work permit will be given
3. Whether the salaries be paid in foriegn currency or some deputation allowances to be paid.
And is there any way by which we can pay the employees partly in Indian rupees and partly in chinese RMB?
4. what will be the salary if we pay them in foriegn currency, shall it be exactly equal to existing one or equal to the currency where we are sending him.
5.How will be the income tax terms be applied to him
6.And are their any minimum compensation laws applied to the employees which are deputed
The thing which I want to know is ABC to Z for this matter complete income tax laws ,work permit laws and payment terms applied to the deputed employees
A quick response to this shall appriciated.
Thanks & Regards
Akshay
From India, Mumbai
1. What are the different payment terms by which they can be paid salaries??
3 How the work permit will be given
3. Whether the salaries be paid in foriegn currency or some deputation allowances to be paid.
And is there any way by which we can pay the employees partly in Indian rupees and partly in chinese RMB?
4. what will be the salary if we pay them in foriegn currency, shall it be exactly equal to existing one or equal to the currency where we are sending him.
5.How will be the income tax terms be applied to him
6.And are their any minimum compensation laws applied to the employees which are deputed
The thing which I want to know is ABC to Z for this matter complete income tax laws ,work permit laws and payment terms applied to the deputed employees
A quick response to this shall appriciated.
Thanks & Regards
Akshay
From India, Mumbai
Dear Akshay,
You are sending your employee on international assignment to china. Employee need to sign international employment contract.
OEM will send invitation letter along with employment contract to Embassy of China at India to issue VISA to your employees.
You need to cover these areas as they are standard in international contract
Accompanying Dependents
Immigration
International Healthcare Plan
Shipment & Storage of Household Goods
Language Training
Family Separation Assistance
Host Housing
Education Assistance
Spousal Assistance
Base Salary
Payroll
Social Security
Tax Equalization
Tax Reconciliation and Tax Advisory
Standard Hour Work
Quality of Living/Location Premium
Subsistence Allowance
Host Location Leave and Emergency Leave
Statutory Leave and Annual leave
Company Pension Plan
Life Insurance, Medical Examination and Emergency Assistance
International Health Care Plan
Change in Number of Accompanying Dependants
Repatriation Assistance
Termination of Assignment
Termination of Employment
You can pay salary in any currency wholly and partly but Income tax will be applicable to total income as per the rule of land where employee is working.
No idea regarding minimum compensation but for India it is minimum 25000 US dollar per annum.
For more update you may contact us.
From India, Bhubaneswar
You are sending your employee on international assignment to china. Employee need to sign international employment contract.
OEM will send invitation letter along with employment contract to Embassy of China at India to issue VISA to your employees.
You need to cover these areas as they are standard in international contract
Accompanying Dependents
Immigration
International Healthcare Plan
Shipment & Storage of Household Goods
Language Training
Family Separation Assistance
Host Housing
Education Assistance
Spousal Assistance
Base Salary
Payroll
Social Security
Tax Equalization
Tax Reconciliation and Tax Advisory
Standard Hour Work
Quality of Living/Location Premium
Subsistence Allowance
Host Location Leave and Emergency Leave
Statutory Leave and Annual leave
Company Pension Plan
Life Insurance, Medical Examination and Emergency Assistance
International Health Care Plan
Change in Number of Accompanying Dependants
Repatriation Assistance
Termination of Assignment
Termination of Employment
You can pay salary in any currency wholly and partly but Income tax will be applicable to total income as per the rule of land where employee is working.
No idea regarding minimum compensation but for India it is minimum 25000 US dollar per annum.
For more update you may contact us.
From India, Bhubaneswar
Shaik,
In India, the cap of 25000 USD has since been removed.
Cos free to hire expats, no cap on salary and number - Times Of India
pon
From India, Lucknow
In India, the cap of 25000 USD has since been removed.
Cos free to hire expats, no cap on salary and number - Times Of India
pon
From India, Lucknow
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Expatriate Compensation trends in China.pdf
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