Job Recruitment Website - Social security inquiry - Does the company have to buy social security for its employees?

Does the company have to buy social security for its employees?

Legal analysis: employees of the company must pay social insurance, and the labor law stipulates that paying social insurance premiums is a compulsory obligation of both units and individuals. Avoiding social insurance payment obligations in the form of commercial insurance and giving up social insurance through negotiation, when faced with employee reporting or applying for arbitration, enterprises can not only be exempted from social insurance payment obligations, but also may bear more late fees and administrative penalties.

Legal basis: Article 58 of People's Republic of China (PRC) Social Insurance Law. The employing unit shall handle social insurance registration for employees within 30 days from the date of employment. If the social insurance has not been registered, the social insurance agency shall verify the social insurance premium it should pay.

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The above answer is only for the current information combined with my understanding of the law, please refer carefully!

If you still have questions about this issue, I suggest you sort out relevant information and communicate with professionals in detail.