Is it cost-effective for a legal person to buy social security in his own company?

Whether it is cost-effective for a legal person to buy social security in his own company needs specific analysis. On the one hand, purchasing social security can provide pension, medical care and unemployment protection for legal persons; On the other hand, the purchase of social security also needs to pay a certain fee, which may increase the burden on the company. Therefore, when a legal person decides whether to buy social security in his own company, it needs to comprehensively consider personal needs, the company's financial situation and social security policies.

First, the role and significance of social security

Social security is a social security system, which aims to provide the insured with pension, medical care and unemployment protection. For legal persons, purchasing social security can ensure a certain financial source and medical security in the case of retirement, illness or unemployment, and reduce the risks of individuals and families.

Second, the cost and burden of purchasing social security.

The purchase of social security needs to pay a certain fee, including the personal part and the company part. For legal persons, the cost burden of purchasing social security needs to be considered when the company's financial situation allows. If the company's financial situation is good, buying social security can provide better protection for legal persons; However, if the company's financial situation is poor, buying social security may increase the company's burden and even affect the company's operation.

Third, personal needs and social security policies.

Legal persons need to consider personal needs and social security policies when deciding whether to buy social security in their own companies. For example, the social security policy in some areas may be more favorable, and more benefits and guarantees can be obtained by purchasing social security; There may be relatively few social security policies in some areas, and the benefits of purchasing social security may not be obvious. In addition, the personal needs of legal persons are also important factors in deciding whether to purchase social security, such as age, health status and family situation.

To sum up:

Whether it is cost-effective for a legal person to buy social security in his own company needs specific analysis. Buying social security can provide legal persons with pension, medical care, unemployment and other protection, but it also needs to pay a certain fee. When a legal person decides whether to purchase social security, it needs to comprehensively consider personal needs, the company's financial situation and social security policies and make a wise decision.

Legal basis:

People's Republic of China (PRC) social insurance law

Article 10 stipulates:

Employees shall participate in the basic old-age insurance, and the employer and employees shall jointly pay the basic old-age insurance premium. Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employer and other flexible employees can participate in the basic old-age insurance, and individuals pay the basic old-age insurance premium.

Article 23 provides that:

Employees should participate in the basic medical insurance for employees, and employers and employees should pay the basic medical insurance premiums in accordance with state regulations. Individual industrial and commercial households without employees, part-time employees who have not participated in the basic medical insurance for employees and other flexible employees can participate in the basic medical insurance for employees, and individuals pay the basic medical insurance premium in accordance with state regulations.