Social Insurance Allowance

Posted by setupcompany on October 21st, 2017

To encourage start-ups to promote employment, Guangzhou authorities issue one social insurance allowance to subsidize start-ups paid social insurance fees for employees according to China's new Social Insurance Law.

Conditions of declaration:

Enterprises established and established within 3 years before March 5, 2015 and enterprises established after March 5, 2015 can apply for the subsidy. And the last subsidy application shall not exceed 3 years from the date of registration of the start-up enterprise.

A start-up enterprise (a small and micro enterprise, an individual business enterprise, a private non-enterprise unit, a farmer's professional cooperative, a family farm, etc.) registered within 3 years.

To encourage start-ups to promote employment, Guangzhou authorities issue one social insurance allowance to subsidize start-ups paid social insurance fees for employees according to China's new Social Insurance Law.

Employ 3 people (including 3 people), the following by 2000 yuan per person subsidies; more than 3 people (including fourth and more), each increase of 1 yuan per person 3000 yuan to grant subsidies, the total amount of not more than 30 thousand yuan.

What's Needed To Start​

Service process:
Contact us for a preliminary assessment
Prepare declaration documents, guide you through the relevant data collection
Submit electronic declaration materials - submitted by Business China
Submit a paper version of the material
Official review & publicity

Conditions of declaration:
Enterprises established and established within 3 years before March 5, 2015 and enterprises established after March 5, 2015 can apply for the subsidy. And the last subsidy application shall not exceed 3 years from the date of registration of the start-up enterprise.
A start-up enterprise (a small and micro enterprise, an individual business enterprise, a private non-enterprise unit, a farmer's professional cooperative, a family farm, etc.) registered within 3 years

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