Is it necessary to pay social security for starting your own business?

If you don't recruit employees after starting a business, then you can only consider your own social security and pay it or not. If you need to pay, if you are a flexible employee and live in your registered permanent residence, you can go directly to your local social security bureau to pay the social security for residents. But you can only pay endowment insurance and medical insurance.

However, as long as you apply for a business license and hire employees, you must pay social security; The company's social security payment process:

Go to the Social Security Bureau to open an account first, and the information you need: bank account opening permit, business license, official seal, application form, and a copy of the ID card of the purchaser. Just give it to the person in the Social Security Bureau, and the rest can be operated. When the social security bureau is finished, just give the receipt given by the social security bureau to the local taxation bureau, and then declare the withholding every month. At least one person must be insured when opening an account (empty account is not allowed), and a payroll must be prepared before handling. Wages can be set as the local minimum standard, and social security requirements are different in each region. You can consult the social security window consulting office first.