Do I need to pay social security for buying a car?

Different regions have different social security policies for buying houses. If you need social security, you can find a special company to buy provident fund and social security. Generally speaking, human resources companies and labor service companies can help with purchasing, but they will charge a handling fee appropriately, usually tens of yuan a month. Social security is to ensure the qualification of foreigners to buy a house (generally no local hukou is needed). Social insurance refers to a non-profit social security system with income redistribution function, which is participated by the state to prevent and force most members of society to participate. Including endowment insurance, medical insurance, unemployment insurance, industrial injury insurance and maternity insurance.

Legal objectivity:

Article 64 of People's Republic of China (PRC) Social Insurance Law includes basic endowment insurance fund, basic medical insurance fund, industrial injury insurance fund, unemployment insurance fund and maternity insurance fund. In addition to the basic medical insurance fund and maternity insurance fund combined accounting, other social insurance funds are accounted for separately according to social insurance types. Social insurance funds implement a unified accounting system throughout the country. The social insurance fund is earmarked for special purposes, and no organization or individual may occupy or misappropriate it. The basic old-age insurance fund will gradually implement national overall planning, and other social insurance funds will gradually implement provincial overall planning. The specific time and steps shall be stipulated by the State Council.