Is it cost-effective for our company to pay social security by itself?

According to the inquiry of China Travel Service. We need to consider individual circumstances.

1. First of all, the advantage of paying social security by the company you own is that you can get a higher level of protection through the company. Specifically, paying social security in the name of the company can enjoy more welfare benefits, such as unemployment insurance, work injury insurance, medical insurance and so on. In addition, for entrepreneurs, paying social security in the name of the company can also increase the credibility and image of the company, which is conducive to the long-term development of the company.

2. However, companies that operate by themselves need to consider some costs and risks to pay social security for themselves. First of all, paying social security requires a certain fee, including pension insurance, medical insurance, unemployment insurance, work injury insurance and maternity insurance. These expenses will add up to a certain pressure on the finances of individuals or companies. In addition, paying social security also needs to consider some risk factors, such as policy changes and economic fluctuations, which may have an impact on personal income.