Chinese compulsory social welfares comprise pension, medical, unemployment, injury and maternity insurances and housing fund. In order to fully comply with these rules, employers should be familiar with the policies and application procedures of various government authorities. Any non-compliance would attract late interest penalties or fines.
Professionals of Lee & Lee Associates can provide support to you on social welfares consulting, account opening, calculation, payment advice, staff registration and deregistration with social welfare authorities, etc., to help you reduce labor cost and compliance risk.
