ADVERTORIAL
China Wages are on the rise again in China. On January 1, 2026, Zhejiang and Jiangsu updated their minimum wage standards. Shanghai continues to have the highest monthly minimum at RMB 2,740 (US$378), while Beijing retains the highest hourly rate at RMB 27.7 (US$3.7). Across China, 31 regions now have monthly minimum wages of over RMB 2,000 (US$275), reflecting ongoing adjustments to support workers’ income and local cost-of-living differences. In 2024, 16 provinces had already raised their rates, highlighting a continuing trend toward higher minimum pay nationwide. Employers are advised to review these updates carefully to ensure compliance, adjust payroll budgets, and maintain fairness across locations. China Briefing from Dezan Shira & Associates offers support in managing regional wage obligations. Indonesia Foreign companies entering Indonesia often appoint a local director early for licensing, banking, and operational requirements. The choice
between a compliance-only director and a governance- level director affects decision- making authority, operational efficiency, and regulatory engagement. Compliance-only appointments may suffice for holding entities, early-stage vehicles, or limited operations, but as companies expand - hiring employees, signing contracts, or engaging in regulated activities - having a local director with real decision- making power becomes essential. Indonesian banks and regulators frequently expect onshore authority, and relying solely on offshore control can create delays, operational friction, and increased risk. Early consideration of governance structure helps align responsibility, streamline decision-making, and reduce exposure. Dezan Shira’s ASEAN Briefing provides essential information on structuring local authority effectively to match operational realities.
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ISSUE 19 GLOBAL PAYROLL MAGAZINE
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