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How much risk does the self-employed business license have to pay social security?
Legal basis: Regulations on Individual Industrial and Commercial Households
Seventeenth individual industrial and commercial households shall, after obtaining the business license, handle the tax registration according to law.
Where the contents of the tax registration of individual industrial and commercial households change, the tax registration shall be changed or cancelled according to law.
Article 18 No department or unit may raise funds or apportion funds from individual industrial and commercial households, and may not force individual industrial and commercial households to provide sponsorship or accept paid services.
Article 19 Local people's governments at all levels shall incorporate the production and business premises required by individual industrial and commercial households into urban and rural construction plans and make overall arrangements.
No unit or individual may occupy the business premises approved by individual industrial and commercial households.
Article 20 Individual industrial and commercial households may, with their business licenses and tax registration certificates, open accounts in banks or other financial institutions according to law and apply for loans.
Financial institutions should improve and perfect financial services to facilitate individual industrial and commercial households to apply for loans.
Twenty-first individual industrial and commercial households can recruit employees according to business needs.
Individual industrial and commercial households shall conclude labor contracts with employed employees in accordance with the law, perform the obligations stipulated in laws, administrative regulations and contracts, and shall not infringe upon the legitimate rights and interests of employees.
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