What are the basic requirements for employers to declare social insurance contributions in 2019?
Answer: The deadline for applying for social security contributions in 2019 is June 5, 2019 to July 25, 2019.
Employers use the average monthly salary of employees in 2018 (natural year) as the basis for reporting social insurance contributions in 2019. There is no upper or lower limit when applying for declaration. The employer shall truthfully report the average monthly wages of employees in the previous year, and shall not conceal or omit reports.
If the employer fails to report the social insurance payment wages on time, the social insurance payment wages for 2019 will be determined according to the provisions of Article 62 of the "Social Insurance Law of the People's Republic of China" starting from July 2019 at 110% of the monthly payment amount of the employer.