Notice in relation to Reporting and Payment of Basic Pension Insurance Contributions for Enterprise Employees in 2025
25 December 2024
The Guangdong Provincial Tax Service, State Taxation Administration, the Shenzhen Tax Service, State Taxation Administration and the Human Resources and Social Security Department of Guangdong Province (“the authorities”) issued the “Notice in relation to Reporting and Payment of Basic Pension Insurance Contributions for Enterprise Employees in 2025” (“the Notice”) on 25 December 2024. The authorities proposed that starting from January 2025, employers participating in the social insurance in Guangdong Province shall report and settle the basic pension insurance contributions for employees at a rate of 16%.