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How can the company compensate for work-related injuries without buying social security?
Legal basis: Article 62 of the Regulations on Industrial Injury Insurance. If the employer fails to participate in work-related injury insurance in accordance with the provisions of this Ordinance, the social insurance administrative department shall order it to participate within a time limit, pay back the work-related injury insurance premium that should be paid, and pay a late fee of five ten thousandths per day from the date of default; Failing to pay within the time limit, a fine of 1 times shall be imposed. If an employee of an employer who should participate in work-related injury insurance in accordance with the provisions of these regulations suffers from work-related injuries, the employer shall pay the fees in accordance with the treatment items and standards of work-related injury insurance stipulated in these regulations. After the employer participates in work-related injury insurance and pays back the work-related injury insurance premium and overdue fine, the work-related injury insurance fund and the employer shall pay new fees in accordance with the provisions of these regulations.
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