What does it mean to pay social security fees?

Legal analysis: "final settlement" is a special term in the collection and management of enterprise income tax, because enterprise income tax takes an accounting year as a tax payment cycle and is declared in advance within the year. Among them, there will be some differences with the actual tax payable, which can only be determined after annual summary and cleaning, and the process of summary and cleaning is called "final settlement" in tax collection and management.

The process of final settlement is actually a collection and management process of adjusting and sorting out the year-end financial settlement results according to tax laws and regulations, filing tax returns with the competent tax authorities, and being audited and confirmed by the tax authorities. The information to be provided should be the tax return related to tax payment (including some formatted forms for tax adjustment) and the financial accounting statements of the enterprise.

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. The probation unit shall pay social insurance.