The company cancelled the legal person social security and owed tens of thousands.

Legal analysis: 1. You can apply to the Social Security Bureau for cancellation of social security accounts with relevant approval documents (administrative department approval or legal judgment). 2. There is no late payment fee in the current pension insurance collection regulations, only bank interest is levied; However, unemployment insurance still needs to collect late fees on a daily basis and cannot be reduced; 3. On-the-job employees can terminate their labor relations according to law and transfer them to individual insurance contributions. The arrears must be paid off, otherwise the court can seal up the fixed assets according to the regulations.

Legal basis: Article 6 of the Social Insurance Law of People's Republic of China (PRC) stipulates that the state exercises strict supervision over social insurance funds. The State Council and the people's governments of provinces, autonomous regions and municipalities directly under the Central Government shall establish and improve the supervision and management system of social insurance funds to ensure the safe and effective operation of social insurance funds. People's governments at or above the county level shall take measures to encourage and support all sectors of society to participate in the supervision of social insurance funds.