How does your company pay social security for itself?

The process for our company to pay social security for itself is as follows:

1. Opening an account in the Social Security Bureau: You need to bring your business license, tax registration certificate, organization code certificate and other documents to the Social Security Bureau to apply for opening a social security account.

2. Submit employee information: prepare employee's identity certificate, household registration book and other basic documents, and submit employee's social security information, including basic information, salary income, etc.

3. Pay social security fees: pay pension, medical care, unemployment, work injury and maternity insurance according to local regulations.

4. Regular accounting and payment: calculate the social security expenses of employees regularly and ensure timely payment.

5. Change and cancellation: When the company changes or terminates, it shall change or cancel the relevant social security registration within the specified time.

Social security payment method:

1. Individual industrial and commercial households pay social security: the operators of individual industrial and commercial households can choose to pay social security for themselves as individual industrial and commercial households, and need to register with local social security institutions;

2. Enterprises pay social security for employees: enterprises need to pay social security for employees according to their salary base and local social security policies, usually through the human resources department or financial department of the enterprise;

3. Freelancers pay social security: Freelancers can choose to pay social security for themselves in the form of urban and rural residents' social security or urban workers' social security, and they need to register and pay in social security institutions;

4. Flexible employees pay social security: Flexible employees can choose to participate in urban and rural residents' social security or urban workers' social security, and choose the appropriate payment method according to different identities and conditions.

To sum up, the company pays social security for employees by itself through a series of standardized processes, such as opening an account, submitting employee information, paying various insurance fees, regularly accounting and paying fees on time, and going through the formalities of change or cancellation when the company changes or terminates, so as to ensure that employees' social security rights and interests are properly handled.

Legal basis:

Interim Regulations of People's Republic of China (PRC) Municipality on the Collection and Payment of Social Insurance Fees

Article 8

Enterprises should apply for social insurance registration at the same time when registering. Payment units other than those specified in the preceding paragraph shall, within 30 days from the date of establishment, apply to the local social insurance agency for social insurance registration.

Article 10

Payment units must declare the amount of social insurance premiums payable to social insurance agencies on a monthly basis, and pay social insurance premiums within the prescribed time limit after being approved by social insurance agencies.

People's Republic of China (PRC) social insurance law

Article 12

The employing unit shall pay the basic old-age insurance premium according to the proportion of the total wages of its employees stipulated by the state, and record it in the basic old-age insurance pooling fund.

Employees shall pay the basic old-age insurance premium in accordance with the proportion of wages stipulated by the state and record it in their personal accounts.

Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employing unit and other flexible employees who have participated in the basic old-age insurance shall pay the basic old-age insurance premiums in accordance with state regulations and record them in the basic old-age insurance pooling fund and individual accounts respectively.

Article 60

The employing unit shall declare itself and pay social insurance premiums in full and on time, and shall not postpone or reduce the payment except for legal reasons such as force majeure. The social insurance premiums that employees should pay shall be withheld and remitted by the employer, and the employer shall inform me of the details of paying social insurance premiums on a monthly basis.

Individual industrial and commercial households without employees, part-time employees who have not participated in social insurance in the employing units and other flexible employees can pay social insurance premiums directly to the social insurance premium collection agencies.