Shanghai Self-employed Social Security Account Opening Process

Self-employed people can buy social security for their employees.

1. The social security procedures of individual industrial and commercial households are basically the same as those of enterprises. According to the "Provisional Regulations on the Collection and Payment of Social Insurance Fees", it is required to apply for social insurance registration at the social insurance agency with business license or registration certificate and other relevant documents within 30 days from the date of establishment.

Social insurance agencies will issue social insurance registration certificates after examination. The contents of social insurance registration include: the name, domicile, business place, unit type, legal representative or person in charge, account number of the bank where the account is opened, and other matters stipulated by the administrative department of labor and social security of the State Council.

2. After going through the payment registration formalities, pay the social insurance premium within 1 to 15 days per month according to the date stipulated by the social insurance agency. The social insurance premiums payable by the employees of this unit shall be deducted from the employees' own wages and paid by future generations.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.