Is it illegal to open a company to pay yourself social security

Opening a company to pay yourself social security is not illegal.

One, the establishment of the company and social security payment

Opening a company is a legal business behavior, according to the "People's Republic of China *** and the State Company Law" and related regulations, after the industrial and commercial registration, tax registration and other procedures, the company will become a legal entity, enjoy the corresponding rights and obligations. In this process, the company needs to apply for social insurance for employees to ensure that employees can get the corresponding protection when facing various risks.

For the owners of the company, they can also be the company's employees, in accordance with the relevant provisions of the social insurance for their own. This is not only in accordance with the laws and regulations, but also protects the personal rights and interests of the company owners.

The significance of social insurance payment

Social insurance payment is an important measure to protect the rights and interests of employees and company owners. Social insurance, including pension insurance, medical insurance, unemployment insurance and other aspects, can provide economic support when employees and company owners face the risks of old age, medical care, unemployment and so on. At the same time, social security payment is also a reflection of corporate social responsibility, which helps to enhance the social image and credibility of the company.

Third, the legal payment of social security

When paying social security for themselves, company owners need to make sure that they follow the relevant laws, regulations and procedures. Specifically, they need to sign a labor contract with the company to clarify the rights and obligations of both parties; pay social insurance fees in accordance with the prescribed ratios and standards; and update their personal information and contributions in a timely manner to ensure the accuracy and validity of their social security accounts.

In addition, company owners need to pay attention to complying with tax laws and regulations and paying taxes in full and on time. Any tax evasion is illegal and will be sanctioned by the law.

In summary:

Opening a company to pay social security for yourself is not illegal, but a business practice that complies with laws and regulations. The owner of the company can pay social insurance for himself as an employee of the company in accordance with the relevant provisions to protect his personal rights and interests and the fulfillment of corporate social responsibility. When paying social security, company owners need to comply with relevant laws and regulations and procedures to ensure the legality and effectiveness of the operation.

Legal basis:

The Company Law of the People's Republic of China

Article 7 stipulates:

Companies established in accordance with the law shall be issued a business license by the company registration authority. The date of issuance of the company business license is the date of establishment of the company.

The business license of a company shall contain the name, domicile, registered capital, business scope, name of the legal representative and other matters.

In the event of a change in the business license, the company shall register the change in accordance with the law, and the company's registration authority shall issue a new business license.

The Social Insurance Law of the People's Republic of China

Article 58 stipulates:

An employer shall, within thirty days from the date of employment, apply to the social insurance agency for social insurance registration for its employees. If it fails to register for social insurance, the social insurance agency shall authorize the social insurance premiums it shall pay.

Individual industrial and commercial households without employees who voluntarily participate in social insurance, part-time workers who do not participate in social insurance with their employers, and other flexibly employed persons shall apply to the social insurance administrative organization for social insurance registration.

The State establishes a nationally unified individual social security number. The personal social security number is a citizen's identity number.