Housing provident fund is mandatory, and it is against the regulations on the management of housing provident fund for enterprises not to pay housing provident fund. Many start-ups will face some risks in order to save costs and pay less or even no five insurances and one gold for their employees.

If the unit fails to register the deposit of housing provident fund or set up a housing provident fund account for employees, the housing provident fund management center has the right to order it to handle it within a time limit. If it fails to make corrections within the time limit, it may be punished according to relevant regulations and may apply to the people's court for compulsory execution.

If an enterprise fails to pay social security for its employees in full and on time, it will be charged a late fee of five ten thousandths, or even a fine of more than three times the unpaid amount 1 times; Those who fail to pay the provident fund within the time limit will be fined 1 1,000 yuan to 50,000 yuan. In reality, if employees file an arbitration or lawsuit because the enterprise fails to pay the social security accumulation fund for them normally, the loser is basically the enterprise.

Extended data:

Mandatory:

1, if the unit fails to register the deposit of housing provident fund for its employees or to set up a housing provident fund account, the housing provident fund management center shall order it to be handled within a time limit; Failing to handle it within the time limit, a fine of 6.5438+0 million yuan and 50,000 yuan shall be imposed.

2, the unit fails to pay or underpays the housing provident fund, the housing provident fund management center shall be ordered to pay within a time limit; If the deposit is not made within the time limit, it may apply to the people's court for compulsory execution.

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