What if the company fails to pay social security?

Legal analysis: if the employer fails to pay social security on time, it can negotiate with the company. If it is not feasible, it can be settled through litigation or arbitration. If the unit fails to pay social security on time, it can negotiate with the company, and then some corresponding consequences will occur when purchasing wages. If the company still ignores it, it can go to the local labor arbitration institution for arbitration, or it can go to court to bring a lawsuit.

Legal basis: People's Republic of China (PRC) Social Insurance Law.

Article 86 If an employer fails to pay social insurance premiums in full and on time, the social insurance premium collection agency shall order it to pay within a time limit or make up for it, and from the date of default, an overdue fine of 5/10000 shall be added daily; Failing to pay within the time limit, the relevant administrative departments shall impose a fine of more than one time and less than three times the amount owed.

Article 57 An employing unit shall, within 30 days from the date of its establishment, apply to the local social insurance agency for social insurance registration with its business license, registration certificate or unit seal. The social insurance agency shall, within fifteen days from the date of receiving the application, examine and issue the social insurance registration certificate. Where the social insurance registration items of the employing unit are changed or the employing unit is terminated according to law, it shall, within 30 days from the date of change or termination, go to the social insurance agency to handle the change or cancellation of social insurance registration. The market supervision and management department, the civil affairs department and the organization management organ shall promptly inform the social insurance agency of the establishment and termination of the employing unit, and the public security organ shall promptly inform the social insurance agency of the birth, death, household registration, migration and cancellation of the individual.