Job Recruitment Website - Social security inquiry - How do enterprises pay social security to employees?
How do enterprises pay social security to employees?
Legal Basis: Provisions of People's Republic of China (PRC) and Ministry of Human Resources and Social Security on the Administration of Social Insurance Fees Declaration and Payment Article 10 The employing unit shall pay social insurance fees in one of the following ways within the prescribed time limit on the basis of the payment notice issued by the social insurance agency:
(1) Payment to banks or other financial institutions;
(two) other ways agreed with the social insurance agency.
Social insurance agencies and employers can sign agreements with banks or other financial institutions, and entrust banks or other financial institutions to withhold and remit social insurance premiums for employers and their employees according to the collection vouchers issued by social insurance agencies.
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