When will the application for exemption from enterprise social security be completed?

Those that meet the requirements shall be settled within 5 working days.

Payment units engaged in production and business operations shall, within 30 days from the date of obtaining the business license, and non-production and business operations units shall, within 30 days from the date of establishment, go through the payment registration with the local tax authorities with relevant documents and materials. The payer shall report the payment registration to the tax service office on June1-June 15 every month, and collect it from the social insurance fund management center after 10 working days.

Enterprise social insurance is referred to as enterprise social insurance for short, also known as company social insurance, and resident social insurance are two concepts, which refer to the types of social insurance that employees of enterprises participate in. China's current social insurance law stipulates that employers must participate in enterprise social insurance for employees in accordance with regulations and pay social insurance premiums in full and on time. If the employer fails to pay the social insurance premium in full and on time, the social insurance premium collection agency shall order it to pay it within a time limit or make up for it, and from the date of default, an overdue fine of 5/10000 shall be added daily. Failing to pay within the time limit, the relevant administrative departments shall impose a fine of more than one time and less than three times the amount owed.