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Can I pay social security when I buy a car in Shenzhen?
(a) the city's household registration, including the following circumstances:
1. 2 local registered personnel. Non-local residents who hold valid residence permits and have paid basic medical insurance (excluding supplementary payment) in this city for more than two consecutive years. There are 4 active servicemen in Shenzhen (including the Armed Police Force). Hong Kong and Macao residents and overseas Chinese who have lived in this city for more than nine months in the past two years have applied for endorsement or residence permit in this city for two consecutive years and have lived in this city for nine consecutive years.
Legal basis: 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 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.
Thirteenth employees of state-owned enterprises and institutions to participate in the basic old-age insurance, the basic old-age insurance premiums payable during the payment period shall be borne by the government. When the basic old-age insurance fund is insufficient to pay, the government gives subsidies.
Article 14 Individual accounts shall not be withdrawn in advance, and the bookkeeping interest rate shall not be lower than the bank time deposit interest rate, and interest tax shall be exempted. If an individual dies, the balance of the individual account can be inherited.
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