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What about social security when the company goes bankrupt?
The company needs to pay social insurance for its employees. After the enterprise goes bankrupt, the social insurance of its employees can be paid as flexible employees. Flexible employment payment shall be applied by myself according to the regulations, and may also be paid by the bankruptcy liquidation group after the consent of the workers' congress.
Legal objectivity:
Paragraph 2 of Article 186 of the Company Law stipulates that "after paying liquidation expenses, employees' wages, social insurance expenses and statutory compensation, paying taxes owed and paying off the company's debts, the remaining property of the company's property shall be distributed by the limited liability company according to the proportion of shareholders' capital contribution, and by the joint stock limited company according to the proportion of shareholders' shares. "It can be seen that employees' wages should be paid first.
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