What are the benefits of buying social security with a business license?

Legal analysis: self-employed individuals and their employees purchase social security from the month of declaration, and calculate the payment period at the same time. Even if employees go to work in other companies, their social security will be transferred, including pension insurance files and personal accounts. In addition, when participating in medical insurance for serious illness, self-employed individuals can pay the monthly 8 yuan fee per person, among which the self-employed individuals will bear the 5 yuan, and individuals only need to pay 3 yuan. Self-employed individuals can pay 0.5% of the total wages if they have a business license, and the unemployment insurance fee is paid according to the average monthly salary of employees in the whole province in the previous year, and the payment ratio is 3%, which is borne by the company, individual 1%. In terms of work-related injury insurance, the insurance costs are all paid by the company.

Legal basis: Article 10 of the Provisional Regulations on the Collection and Payment of Social Insurance Fees in People's Republic of China (PRC) shall, from the date of its establishment, go to the social insurance agency for social insurance registration with business license or registration certificate and other relevant documents within the prescribed time limit. Social insurance agencies will issue social insurance registration certificates after examination. The contents of social insurance registration include: the name, domicile, business place, unit type, legal representative or person in charge, account number of the bank where the account is opened, and other matters stipulated by the administrative department of labor and social security of the State Council. After going through the payment registration formalities, the social insurance premium shall be paid within 1 to 15 days per month according to the date stipulated by the social insurance agency.