Can a company pay social security for its employees as a tax credit?

Legal analysis: if a company pays social security for its employees according to law, it can deduct the enterprise income tax it should pay. Wages and social security fees paid to employees in the process of enterprise operation belong to expenses that can be used as enterprise operating costs according to law. In the process of accounting enterprise income tax, deductible expenses such as employees' wages and social security expenses should be deducted first, and then tax should be calculated after deducting all expenses of the department, and the remaining income should be regarded as taxable income; Enterprise income tax is divided into 25% and 20% according to resident enterprises and non-resident enterprises.

Legal basis: "Regulations on the Implementation of Enterprise Income Tax in People's Republic of China (PRC)" Article 35 The basic social insurance premiums and housing accumulation fund paid by enterprises for their employees in accordance with the scope and standards stipulated by the relevant competent departments of the State Council or the provincial people's government are allowed to be deducted.

Article 4 of the Enterprise Income Tax Law of People's Republic of China (PRC) has an enterprise income tax rate of 25%. The tax rate applicable to non-resident enterprises obtaining the income specified in the third paragraph of Article 3 of this Law is 20%.