International companies, cannot hire china employees as a consultant. hence, we have not hired him as consultant.
We have hired him in the payroll of some other company in China, for which we have been paying 15% service fee Plus we are bearing both the sides tax. which results in Higher Cost.
Hence, we were looking out for some alternatives, which would help us to reduce the cost.
18th February 2014 From India, Bangalore
I guess you don't have many options.
I can see the following:
1] Speak to the Chinese Company that they foot the Tax bill @ their end & you do it @ the Indian end--though not really sure how realistic this could be.
2] Since you are in the Biotech sector, can't you look for another nationality consultant who fits-in the bill--where this issue wouldn't arise?
Another option would be to EITHER wait for the members who belong to the Infrastructure sector--which I think has a large concentration of Chinese professionals--and figure-out how they handle this issue OR tap into the CiteHR database YOURSELF & contact them thru Private Messages.
Here's the Link I got in my search:
members in infrastructure industry
You too can use the Research facility @ the top of this page to get more refined results to lead you to the right HR persons who can help you out.
All the Best.
18th February 2014 From India, Hyderabad
Thanks for your feedback.
Option 1: is ruled out, since the same is not complied with the statutory financial laws.
Option 2: We have recruited senior position in China for Sales & Marketing, who has a good hold of the geography and customers. Hence, he has started his revenue generation from 01 Month.
Yes, will try to trace members from infrastructure, through linked in.
24th February 2014 From India, Bangalore