The social insurance covered pension, medical, work-related injury, unemployment and maternity, together with the housing fund are all regulated by laws of China. They constitute the vital portion of human resources cost for employers.
The adverse effect of employers attempting to get away from paying the social insurance and housing fund have been illustrated by countless cases in the past few years. Starting from 2019, the tax authority began to collect social insurance. It is very easy for them to detect violation.
Puran pays attention to the cost of human capital. It resorts to organizational structure, employment structure, outsourcing, etc. to help clients find out the reasonable labor cost path.Puran is also experienced in helping clients design and leverage annuity and other benefits policies to tighten the relationship between employers and employees.
