Can I cancel the company if it owes social security?

Legal analysis: the company's social security account arrears cannot be cancelled. However, the laborer can unilaterally terminate the labor contract and demand to pay economic compensation. The economic compensation shall be paid according to the standard of one month's salary for each full year of the employee's working years in the unit.

Legal basis: Paragraph 1 of Article 38 of the Labor Contract Law of People's Republic of China (PRC), the employee may terminate the labor contract under any of the following circumstances: (1) failing to provide labor protection or working conditions as agreed in the labor contract; (2) Failing to pay labor remuneration in full and on time; (3) Failing to pay social insurance premiums for laborers according to law; (4) The rules and regulations of the employing unit violate the provisions of laws and regulations and damage the rights and interests of workers; (5) The labor contract is invalid due to the circumstances specified in the first paragraph of Article 26 of this Law; (6) Other circumstances under which the laborer can terminate the labor contract as stipulated by laws and administrative regulations.