Social Insurance & Accumulation Fund

It is necessary for a WOFE to recruit employees at a certain phase of expansion. According to Labor Law of China, it’s a WOFE’s responsibility to pay employees’ Social Insurance. The following is a form of rate of all kinds Social Insurance and Accumulation Fund that take proportion of employees’ salary before tax
 

 
To pay employees’ Social Insurance and Accumulation Fund, we should open Social Insurance and Accumulation Fund account first. As for HR & Payroll management, please refer to HR & Payroll.
 
1. Documents required to Open Social Insurance account:
(1). Record Certificate of WOFE;
(2). Business License of WOFE;
(3). License for opening basic accounts;
(4). Leasing Contract & Property Ownership Certificate of your office;
(5). Official Stamp/Financial Stamp/Legal Representative’s Stamp.
(6). Legal Representative’s passport/ID card.
 
2. Duration to Open Social Insurance account:
1-2 weeks
 
3. Fees to Open Social Insurance account::
Contact us to get a quotation
 
WOFEChina.com is specialized in WOFE (Wholly Owned Foreign Enterprise) formation or WOFE set up in China, Representative Office set up, Joint Venture set up, off-shore company set up, Tax & Accounting service, Trademark registration service, Translation service, etc. aiming at providing expertise in both local and global investment strategies with customized services approach.

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Shanghai QiXiang Business Consulting Co., Ltd.

www.WOFEChina.com

Contact: Leo Zhang

Mobile Phone:+86 185 1632 9606

Skype: Leo.C.Zhang

QQ:230 911 4493

Email: leo@wofechina.com

WeChat/WhatsApp: +86 185 1632 9606