How does the company pay social security?

According to the law, the company withholds and pays social insurance for employees, so the company needs the following steps before paying social insurance:

1. Prepare materials required for employee social security, including: business license, tax registration certificate, copy of legal person ID card, account opening permit of the company's account opening bank, labor contract, copy of the insured's ID card, etc.

2. To open a social security account, the enterprise needs to open a social security account with the Social Security Bureau within 30 days from the date of establishment. After opening the social security account, you will get a social security registration certificate.

3. Increase or decrease personnel. When the company changes employees, the newly added employees must be added to the company's social security account every month, and the employees who have left the company must be deleted from the account and provided before the 20th of each month. What needs to be explained here is that the social security account is a separate account, and the operation of increasing or decreasing employees must be carried out in the account.

4. Confirm the payment base. In the process of paying social insurance for employees, enterprises need to declare the correct basis for paying social insurance for employees to ensure the normal payment of social insurance.

5. Social insurance contributions. Enterprises, banks and social insurance management institutions that sign bank payment agreements will directly deduct social insurance premiums from their bank accounts at a fixed time every month. Companies that do not adopt the above methods can also choose to pay the fees to the Social Security Bureau in cash or by cheque.