Is it illegal for a company to pay social security and not pay provident fund

It is illegal for a company to pay social security and not pay provident fund.

It is illegal for a unit not to pay the provident fund. The Housing Provident Fund Regulations stipulate that if a unit hires an employee, it should register its contribution with the Housing Provident Fund Management Center within 30 days from the date of hiring and go through the procedures of setting up or transferring the employee's housing provident fund account.

Conditions for registering a company:

1, the first thing you have to do to register a company is to have someone, a company founder, that is, a shareholder. Shareholders must be 18 years of age or older, people with proof of identity and ability to act;

2, registered companies have to have a registered address. This registered address can be commercial or industrial use, now residential can also be used as a registered address;

3, registered companies need registered capital. The size of the company's registered capital determines the company's financial strength, and the ability to bear civil liability;

4, the registered company needs to have a company name, the establishment of a limited company in line with the requirements of the organizational structure;

5, the registered company needs to have the company's basic account with the tax account, which is one of the indispensable conditions.

Registered company information is as follows:

1, the company name is necessary to prepare a, you can prepare a few more in advance, just in case;

2, the company's registered address is certainly necessary, if you do not have a physical address can choose to rely on the address;

3, the company's scope of business needs to be clearly defined in advance, the scope of this business does not mean that the broader the better. Not that the broader the better, mainly around their own main business;

4, registered capital is also necessary, paid and paid-up registered capital, and this registered capital is not the more the better, according to their own actual situation;

5, legal person, shareholders, supervisors ID card information, all three are indispensable;

6, the shareholders, legal persons, Supervisor's personal bank U shield, which bank U shield, download which bank's driver, non-Shenzhen bank issued can not be, must be issued by the local banks in Shenzhen.

In summary, the unit does not pay the provident fund is illegal. The Housing Provident Fund Regulations stipulate that a unit that hires an employee shall, within 30 days from the date of hiring, register the payment with the Housing Provident Fund Management Center and go through the procedures for the establishment or transfer of the employee's housing fund account.

Legal basis:

Article 15 of the Regulations on the Administration of Housing Provident Funds

A unit that employs an employee shall, within 30 days from the date of employment, register with the Housing Provident Fund Management Center for the payment of contributions and go through the procedures for the establishment or transfer of the employee's housing fund account. If the unit terminates the labor relationship with the employee, the unit shall register the change with the Housing Provident Fund Management Center within 30 days from the date of termination of the labor relationship and go through the procedures of transferring or blocking the employee's housing fund account.