Procedure for Collecting Social Insurance from Enterprises: Implementation Guidelines

10:56, 11/07/2024

Circular 37/2017/TT-BQP has been issued by the Ministry of National Defense guiding the management of collection and expenditure of compulsory social insurance within the Ministry of National Defense. The document takes effect from April 2, 2017.

To be specific, the process of collecting Social Insurance (SI) from enterprises is guided in detail by Circular 37:

Monthly, enterprises are responsible for calculating the SI amount payable, aggregating the total SI amount to be paid into the specialized SI collection account of the Ministry of National Defense's SI department, no later than the last day of that month. Specifically:

- The portion paid by employees: Based on the list of employees and the salary fund for SI contributions, the financial department calculates the SI amount for each person and deducts it from their salary;- The portion paid by the employing enterprise: Based on the monthly salary fund for SI contributions and the prescribed contribution rate, the financial department allocates the amount to be paid for SI and accounts it into the production and business operating expenses of the enterprise.

See the cases of SI arrears collection in Circular 37/2017/TT-BQP.

- Thanh Lam -

>> CLICK HERE TO READ THIS ARTICLE IN VIETNAMESE

0 lượt xem

- This translation is generated by OpenAI's GPT-4o model;
- The legal regulations in this article are according to Vietnamese Law;
- This English translation is for reference purposes only and not a definitive translation of the original Vietnamese texts;
- Articles may be compiled from a variety of sources;
- Applicable Terms may have expired at the time you are reading;
- If you have any questions about the copyright of the article, please contact us via email banquyen@lawnet.vn