Social Security Ownership of Private Enterprises

Legal analysis: the affiliation of private enterprises depends on the actual situation. If it is a township enterprise, it belongs to a township. If it is a company, subordinate units should be filled in. There are three types of private enterprises:

1, a wholly-owned enterprise. Refers to an enterprise invested and operated by one person. The investors of a sole proprietorship enterprise shall bear unlimited liability for the debts of the enterprise;

2. Partnership enterprises. Refers to an enterprise in which two or more people invest, operate together and share profits and losses according to the agreement. Partners shall be jointly and severally liable for the debts of the enterprise;

3. Limited liability company. It means that shareholders are liable to the company to the extent of their capital contribution, and the company is liable to the company's debts with all its assets.

Legal basis: Article 5 of the Notice on the Comprehensive Plan for Reducing Social Insurance Rate increases the central adjustment of the basic old-age insurance fund for enterprise employees, and the proportion of the central adjustment of the fund is raised to 3.5%, further balancing the burden of the provincial old-age insurance funds and ensuring that the basic pension for enterprise retirees is paid in full and on time.