Why cancel the social security arrears?

The purpose of this process is to ensure that enterprises pay social insurance premiums for employees on time and in full, protect employees' social security rights and interests, and promote enterprise compliance management.

Write-off of social security arrears refers to the process of accounting, verifying and settling the social insurance premiums that enterprises fail to pay on time within a certain period of time. Enterprises pay social insurance premiums in full and on time, which helps to ensure that employees' social security rights and interests are guaranteed.

At the same time, the Social Insurance Law stipulates that enterprises should pay social insurance premiums for employees in full and on time. The write-off of social security arrears by enterprises helps to ensure that enterprises abide by laws and regulations and standardize their business practices.