The company has no money to pay social security how to do

The company account has no money, social security can be paid later, but will pay late fees.

Article 60 of the Social Insurance Law stipulates: "Employers shall declare and pay social insurance premiums on their own, in full and on time, and shall not defer or reduce payment except for force majeure and other legal reasons. Social insurance premiums to be paid by employees shall be withheld and paid on behalf of the employer."

Article 63 stipulates: "If an employer fails to pay social insurance premiums in full and on time, the social insurance premium collection agency shall order it to pay or make up the full amount by a specified date. If the employer fails to pay or make up the full amount of social insurance premiums after the deadline, the social insurance premium collection agency may inquire with banks and other financial institutions about their deposit accounts; and may apply to the relevant administrative department at or above the county level to make a decision on the allocation of social insurance premiums, and notify in writing the bank or other financial institution where the account is opened to allocate the social insurance premiums."

Article 86 states, "If an employer fails to pay social insurance premiums in full and on time, the social insurance premium collection agency shall order it to pay or make up the full amount within a specified period of time and impose a late payment fee of five ten thousandths of a cent per day from the date of the unpaid amount; and if the payment is still not made after the expiration of the period of time, a fine of not less than double and not more than triple of the amount of the unpaid amount shall be imposed by the relevant administrative department. "

Extended reading: insurance how to buy, which is good, hand in hand to teach you to avoid the insurance of these "pits"