What are the consequences of individual industrial and commercial households not paying social security?

The consequences of individual industrial and commercial households not paying social security are as follows:

1, unable to enjoy pension insurance and medical insurance;

It is impossible to buy a house in some cities.

Individual industrial and commercial households pay social security in the following ways:

1. Self-employed individuals can buy social security as flexible employees, but they need to meet certain conditions, such as having local household registration or temporary residence permit. Flexible employment social security can only buy medical insurance and endowment insurance. Flexible employees can bring relevant information directly to the local social security service hall for registration, collection and verification, and then the social security bureau entrusts the payment bank to pay social security. After the insured person handles the relevant registration, he/she carries the Notice of Approval of Social Security Payment for Flexible Employees to the bank entrusted by the Social Security Bureau for payment.

2. If you have obtained the industrial and commercial business license and organization code certificate, you can bring two certificates and a copy of the insured's ID card and other materials directly to the Social Security Bureau to purchase social security and apply for a social security account, through which you can pay social security for yourself.

To sum up, individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employer and other flexible employees can generally participate in the basic old-age insurance, but individuals need to pay the basic old-age insurance premium. If individual industrial and commercial households without employees, part-time employees who have not participated in the basic medical insurance for employees and other flexible employees can also participate in the basic medical insurance for employees, individuals need to pay the basic medical insurance premium in accordance with state regulations at this time.

Legal basis:

Article 84 of the Social Insurance Law of People's Republic of China (PRC)

If the employer fails to apply for social insurance registration, the social insurance administrative department shall order it to make corrections within a time limit; If no correction is made within the time limit, the employer shall be fined between one and three times the amount of social insurance premiums payable, and the directly responsible person in charge and other directly responsible personnel shall be fined between 500 yuan and 3,000 yuan.