Skip to main content

Social Insurance Service

China's social security law was promulgated by the central government but its administration and specific details are governed by local authorities. It is paid by both employer and employee, and the levels of this payment to the social insurance agencies are connected directly to the employee's salary.

It can be complicated as there is not one steadfast rule for the country. Instead it is governed at a regional level, so depending where your company is based in China you will have differing responsibilities as an employer. 

China social insurance not only needs to be set up, but also paid monthly, it may be easier to outsource this task to the local experts at Business China.


China's new Social Insurance Law, which took effect on July 1, 2011, established the first national, basic social insurance framework for employees across mainland China. The law requires that all employers in China enroll each employee in five insurance programs, plus one mandatory housing fund.

Five insurances consist of basic pension; basic medical insurance; work-related injury insurance; unemployment compensation; and maternity insurance. 



China's social security law was promulgated by the central government but its administration and specific details are governed by local authorities. It is paid by both employer and employee, and the levels of this payment to the social insurance agencies are connected directly to the employee's salary.

It can be complicated as there is not one steadfast rule for the country. Instead it is governed at a regional level, so depending where your company is based in China you will have differing responsibilities as an employer. 

China social insurance not only needs to be set up, but also paid monthly, it may be easier to outsource this task to the local experts at Business China.

What's Needed To Start​

You will need the following documents to start:

  • Original copy of your company's business license, and a photocopy
  • Company chop
  • Corporate bank account opening permit
  • List of all the employees at your company
  • Employees' personal ID or Passport original


Please do feel free to email us to proposal@set-up-company.com or call us to 0086-020-2917 9715 at any time, we love helping new friends. let's get started!

Comments

Popular posts from this blog

How to Navigate China's Accounting and Bookkeeping

Based on PRC Company Law and PRC Accounting Law, each foreign-invested company, such as China Wholly Foreign Owned Enterprise (China WFOE or China WOFE), Joint Venture (JV), Representative Office (RO or Rep Office) all required to do China company’s accounting and bookkeeping on time. When to Apply for Tax Registration for trading companies in china ? Please note it that although China company’s business license, local tax certificate and national tax certificate have been combined into one. China companies should apply for tax registration within one month after the issue of the business license. When to Apply for General VAT Taxpayer or Small-scale VAT Taxpayer? Chinese enterprises shall apply for the general vat taxpayer or small-scale vat taxpayer application within one month from the date of applying for the tax registration. When to Start Filling Taxes? In the month of tax registration and taxpayer application. When to Do Company Annual Renew? Chinese companies should ta...

China Company Formation: Choosing Correct Business Scope for Your China Company

What is Business Scope? ​Business scope is an indispensable part of China company formation , which is not the same for western countries in most cases. Business Scope is the scope of business products and services you can engage in. It is a legal boundary for the enterprise to conduct business inside China legally. Once the scope of business is approved and registered, the enterprise shall have the right capacity within this scope, and the enterprise shall also assume the obligation of not exceeding the scope of operation. To sum up, the approved business scope of the enterprise is the legal limit to distinguish the lawful operation and illegal operation of the enterprise. The Significance of Business Scope It is unfamiliar for many foreign investors that the business scope of your China company is closely related to invoices issue. In other words, the enterprises can only apply for the invoices under the specific business scope content. That is why to having a business p...

Free Trade Zones

Here's information about the free trade zones, and you're welcome to contatc us if you have any doubts. EMAIL proposal@set-up-company.com TELEPHONE +86-020-2917 9715 Guangzhou Free Trade Zone A free-trade zone (FTZ) is a specific class of special economic zone. It is a geographic area where goods may be landed, stored, handled, manufactured, or reconfigured, and re-exported under specific customs regulation and generally not subject to customs duty.  Taking advantage of the Mainland-Hong Kong Closer Economic Partnership Arrangement (CEPA) to drive the liberalization of trade in services, the Guangdong park aims to integrate the economies of the Pearl River Delta (Guangdong, Hong Kong and Macau). Shanghai Free Trade Zone Free trade zones are generally organized around major seaports, international airports, and national frontiers—areas with many geographic advantages for trade. When the Shanghai Free Trade Zone (FTZ) was first introduced in 2013, it ...