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Consequences of enterprise legal person not paying social security

Fines, affecting corporate credit.

1. Punishment: If the enterprise fails to pay the social insurance premium in full and on time, the social insurance premium collection agency shall order it to pay it within a time limit or make up for it, and an overdue fine of 0.5 ‰ shall be added daily from the date of default.

2. Impact on corporate credit: Failure to pay social security on time will have a negative impact on corporate credit and affect the normal operation and development of enterprises.