How do self-employed people pay five insurances?

For many self-employed people for the first time, how to pay social security for themselves and their employees may be a relatively unfamiliar problem. Endowment insurance, medical insurance, unemployment insurance, industrial injury insurance and maternity insurance are important components of China's social security system, which is of great significance for safeguarding workers' rights and interests and maintaining social stability.

First, understand the five insurance payment policy

First of all, self-employed individuals need to know the local five insurance payment policies, including payment ratio, base and payment method. Policies in different regions may be different, and self-employed individuals need to pay according to local policies.

Second, register social insurance accounts.

Self-employed individuals need to register social insurance accounts with local social security departments or online service platforms. During the registration process, you need to provide relevant documents, such as business license and ID card.

Three, determine the payment base and proportion.

Self-employed individuals need to determine the base and proportion of paying five insurances according to their own operating conditions and employee wages. Generally speaking, the payment base is determined according to the actual wages of employees, and the payment ratio is determined according to the policy.

Fourth, pay social security fees.

Self-employed individuals can choose to pay social security fees monthly or quarterly. Payment methods include online payment and bank transfer. Self-employed individuals need to ensure that they pay in full and on time, so as not to affect employees' social security rights.

Verb (abbreviation for verb) updates employee information.

If employees join or leave, self-employed individuals need to update employee information in time to ensure the accuracy and timeliness of social security payment.

Advising and solving problems with intransitive verbs

If the self-employed encounter problems or doubts in the process of paying social security, they can consult the local social security department or relevant institutions for help and solutions.

To sum up:

Self-employed individuals need to understand local policies, register social security accounts, determine the payment base and proportion, pay social security fees in full and on time, and update employee information in time. In the process of paying social security, you can consult relevant institutions for help if you encounter problems.

Legal basis:

People's Republic of China (PRC) social insurance law

Article 10 stipulates:

Employees should participate in basic old-age insurance, basic medical insurance, industrial injury insurance, unemployment insurance and maternity insurance, and employers and employees should pay basic old-age insurance, basic medical insurance and unemployment insurance in accordance with state regulations.

Article 23 provides that:

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.

Article 33 provides that:

Employees shall participate in work-related injury insurance, and the employer shall pay the work-related injury insurance premium, and the employees shall not pay the work-related injury insurance premium.

Article 44 provides that:

Employees should participate in unemployment insurance, and employers and employees should pay unemployment insurance premiums in accordance with state regulations.

Article 53 provides that:

Employees shall participate in maternity insurance, and the employer shall pay maternity insurance premiums in accordance with state regulations, and employees shall not pay maternity insurance premiums.