Page 9 - The South China Business Journal
P. 9
D epth
& Associates, explains: “Officers in social insurance social insurance bureau bears inherent risk.
bureaus are often unsure about how to implement Therefore, it is essential to consult both the local
foreign employee social insurance exemptions. social insurance bureau, as well as relevant staff at
Many cities have no local regulations relating to this the local labor bureau before taking any unilateral
topic, especially in second and third tier cities.” measures. Additionally, seeking the help of an
advisor is highly recommended. If appropriate
She elaborates: “Cases exist where city-level precautions are taken, these agreements can be
regulation for insurance exemption is not at hand beneficial tools for enterprises employing foreign
from the local bureau. In such cases, if a business staff in China.■
makes the decision not to make social insurance
payments for their foreign staff, they may be China Briefing is produced by Dezan Shira & Associates. The
challenged by the bureau for non-compliance firm assists foreign investors throughout Asia and maintains
during a later insurance inspection.” offices in China, Hong Kong, Indonesia, Singapore, Russia, and
Vietnam. Please contact info@dezshira.com or visit our website
Failure to pay social insurance premiums when at www.dezshira.com.
not in receipt of explicit consent from the local
South China Business Journal 7
& Associates, explains: “Officers in social insurance social insurance bureau bears inherent risk.
bureaus are often unsure about how to implement Therefore, it is essential to consult both the local
foreign employee social insurance exemptions. social insurance bureau, as well as relevant staff at
Many cities have no local regulations relating to this the local labor bureau before taking any unilateral
topic, especially in second and third tier cities.” measures. Additionally, seeking the help of an
advisor is highly recommended. If appropriate
She elaborates: “Cases exist where city-level precautions are taken, these agreements can be
regulation for insurance exemption is not at hand beneficial tools for enterprises employing foreign
from the local bureau. In such cases, if a business staff in China.■
makes the decision not to make social insurance
payments for their foreign staff, they may be China Briefing is produced by Dezan Shira & Associates. The
challenged by the bureau for non-compliance firm assists foreign investors throughout Asia and maintains
during a later insurance inspection.” offices in China, Hong Kong, Indonesia, Singapore, Russia, and
Vietnam. Please contact info@dezshira.com or visit our website
Failure to pay social insurance premiums when at www.dezshira.com.
not in receipt of explicit consent from the local
South China Business Journal 7
