• Type: Publication series
  • Date: 2/19/2013

People’s Republic of China – Totalization Agreement with Korea Could Affect Assignment Costs 

KPMG in the People’s Republic of China reports that a Social Security Treaty has been concluded between the People's Republic of China and the Republic of Korea. To benefit from the Treaty, Korean companies should review the social insurance participation of their assignees working in China in a timely manner and arrange to obtain and submit the required documents to the authorities. This is the first signed social security treaty following the implementation of China’s Social Insurance Law and it should


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