Can I set up my own company and pay social security?

You can start your own company and pay social security.

You can pay social security yourself if you have a business license. In fact, no matter whether you have a business license or not, as long as you have a local household registration or a temporary residence permit, you can pay flexible employment social security for yourself, but you can only pay endowment insurance and medical insurance. In addition, if you have a business license, you cannot receive social security subsidies for flexible employment.

The methods for individuals to pay social security are as follows:

1, how to pay social security for individuals can apply for social security as freelancers;

2. Insurance conditions: urban hukou or rural hukou;

3. Handling location: local community street social security service points, or district and county social security bureaus;

4. How do individuals pay the basic information needed in social security issues: household registration book, ID card and its copy, and two 1 inch photos;

5. Payment standard: based on the local social wage in the previous year, the proportion of pension payment is 20%, and that of medical care is about 9%. At present, 80% and 100% are still available.

To sum up, in order to apply for flexible employment social security, you can choose to register with any local local tax department, submit the original and photocopy of your valid personal ID card and the original and photocopy of your household registration book or temporary residence permit for payment registration, then go through the signing formalities with the bank where you open the account with the Agreement on Paying Taxes on behalf of the registered post, and then report to the service hall of the local tax department with the Notice of Registration and the Agreement on Paying Taxes on behalf of the entrusted bank.

Legal basis:

Article 23 of People's Republic of China (PRC) Social Insurance Law

Employees should participate in the basic medical insurance for employees, and employers and employees should pay the basic medical insurance premiums in accordance with state regulations.

Individual industrial and commercial households without employees, part-time employees who have not participated in the basic medical insurance for employees and other flexible employees can participate in the basic medical insurance for employees, and individuals pay the basic medical insurance premium in accordance with state regulations.