Do I have to pay a late fee for social security?

Legal analysis: if the employer fails to pay the social insurance premium in full and on time, the social insurance collection agency shall order it to pay it within a time limit or make up for it, and an overdue fine of 0.5% shall be added daily from the date of default. In essence, the late payment fee is a way for administrative organs to impose new obligations on the counterpart who fails to pay the money within the time limit. The main purpose is to urge the theory of relativity to fulfill its obligations as soon as possible.

The collection of late payment fees is generally statutory, compulsory and punitive. Legality is not the same as the liquidated damages we have to pay for breach of contract. Late payment fees must be clearly stipulated by laws and regulations. Compulsory refers to the implementation guaranteed by the national compulsory force. Punitive, just to pay taxes beyond the time limit prescribed by the state.

Legal basis: People's Republic of China (PRC) Social Insurance Law.

Article 4 Employers and individuals who pay social insurance premiums according to law in People's Republic of China (PRC) have the right to inquire about payment records and personal rights and interests records, and ask social insurance agencies to provide social insurance consultation and other related services.

Individuals enjoy social insurance benefits according to law and have the right to supervise the payment of their own units.

Article 58 An employing unit shall, within 30 days from the date of employment, apply to the social insurance agency for social insurance registration for its employees. If the social insurance has not been registered, the social insurance agency shall verify the social insurance premium it should pay.

Employees-free individual industrial and commercial households who voluntarily participate in social insurance, part-time employees who do not participate in social insurance in the employing unit and other flexible employees shall apply to the social insurance agency for social insurance registration.

The state establishes a national unified personal social security number. Personal social security number is a citizen's identity number.