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What size company can pay five insurances and one gold?

Legal analysis: The company should be officially registered and should pay corresponding insurance for employees according to national laws. In order to protect the interests of workers, the state forces companies to handle five insurances and one gold for employees. It is against the regulations that the company does not pay five insurances and one gold to its employees.

Legal basis: Decree No.350 of the State Council City, People's Republic of China (PRC) (hereinafter referred to as the "Regulations") stipulates that state organs, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises, institutions, private non-enterprise units and social organizations shall handle the registration of housing provident fund deposit within 30 days after its establishment. The Administrative Regulations on the Declaration and Payment of Social Insurance Premium requires that the employer shall register social insurance for its employees and declare and pay social insurance premiums 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. The social insurance premiums mentioned in the regulations refer to the basic old-age insurance premiums, basic medical insurance premiums, work-related injury insurance premiums, unemployment insurance premiums and maternity insurance premiums paid by employers and their employees according to law. According to the regulations, the employer shall inform the employees themselves of the details of the payment of social insurance premiums on a monthly basis, inform the employees' congress of the unit every year or announce the payment of social insurance premiums in a prominent position in the unit's residence, and accept the supervision of the employees. The details and changes of the payment declared by the employer on behalf of the employee must be signed by the employee himself and kept by the employer for future reference.