Shenzhen Social Insurance Details for Foreigners:
3. Social insurance base should be same as monthly pre-tax salary.
4. Insurance for Injury at work’s percentage will be different for different company.
5. Social insurance is obligatory in SZ and Housing fund is not obligatory for foreigners employed in Shenzhen.
Employee payys: 25044*(8%+2%) +2200*0.5%=2515.40RMB.
If selecting medical insurance category II(2B):
Employer pays: 25044*(13%+0.45%+0.28%)+8348*0.6%+2200*1%=3510.63RMB.
Employee pays: 25044*2%+8348*0.2%+2200*0.5%=2031.22RMB.
Who? What documents needed?
3. Passport and copy with company seal.
Company’s social insurance clerk needs to go to Social Insurance Bureau to apply.
Financial Social Security Card
Any bank of the following 12 banks in Shenzhen:
China Construction Bank,Industrial and Commercial Bank of China, Bank of China, Agricultural Bank of China, China Merchants Bank, Ping’an Bank, Shenzhen Rural Commercial Bank,China Postal Savings Bank, China Communication Bank, China CITIC Bank, China Minsheng Bank, China Everbright Bank.
Documents for applying financial social security card for foreigners:
1. Original Passport
2. Photo Receipt for Social Security Card (Can take in a photo studio)
How much need to pay for financial social security card?
Free for first-time application,20RMB for non-first-time application.
Mutual Exemption Countries
1. Application Form with company seal.
3. Work permit or Cancellation cerficate of work permit.
4. Bank card of any China 4 major state-owned banks (Construction Bank, Industrial and commercial bank, Bank ofChina, Agriculture Bank).
Must provide financial social security card if have.
Originals and copies for 2,3,4.
How much can be refunded:
Only can refund the employee parts.
Housing Fund in Shenzhen
2. Bank Account Opening Receipt for Category I bank card in any one of the following seven banks:
China Construction Bank, Industrial and Commercial Bank of China, Bank of China, China CITIC Bank, Industrial Bank, Bank of Communications, China Merchants Bank.
Address: Room 18NO, Block B, Fortune Plaza, No. 7002, Shennan Road, Futian District, Shenzhen.
Mobile (WeChat): 13684991963
Company Public Account: ZixConsulting