Can Foreign Employees Buy the Social Insurance in China?
HACOS瀚客企服
2023-07-28
3
导读:Social security is a guarantee for our lives. What Documents Do Foreign Employees Need to Buy Social
The social security base will be adjusted every July. From July 1 this year, Guangzhou's social insurance premium has increased by 153 yuan. Many people cannot help but sigh: Gosh! My money! Although it has increased every year, our benefits have also increased accordingly. We can reimburse more money for medical treatment, get more pensions after retirement, etc. As China's development becomes more global, it also attracts worldwide talents from all walks of life. So when foreigners work in China, do they need to buy social security? Social Security for Foreign EmployeesAs early as 2011, the Chinese government stipulated that employers must buy social security for foreign employees who are legally employed in China within 30 days. Then, foreign employees can enjoy the same benefits as Chinese citizens.01Endowment InsuranceEnjoy a fixed income every month after retirement if bought for more than 15 years.02Medical InsuranceReimburse part of the expenses, and the social security card can be used to pay for medical treatment.03Maternity InsuranceReimburse the maternity medical expenses during pregnancy and delivery.04Unemployment InsuranceReceive a monthly unemployment benefit for two years if the company goes bankrupt or is fired.05Employment Injury InsuranceReceive compensation for temporary or permanent incapacity if you are injured at work.What Documents Do Foreign Employees Need to Buy Social Insurance?
1
Valid Passport
2
Work Permit
3
Resident Permit
4
Social Insurance Personal Information Registration Form
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Social Insurance Participation Form
To avoid double payment, China has signed agreements with 11 countries on mutual exemption of social security. If you have bought social security from one of these countries, you don’t need to buy it again while working in China.Social security is a guarantee for our lives. Remember to ask the employer to buy social security for you! HACOS always strive to provide our clients with more high-quality, efficient and considerate services, covering China visas, tax-planning, incorporation, financial consulting, global shipping, intellectual property, foreign trade services, legal consultation, etc. Scan the QR code below to get one-on-one consultation. Professional and helpful. Please feel free to contact us~