Open an account with the relevant information of the social security institution where the company is located. The specific information needed to open an account is 1. Original or photocopy of business license and photocopy with official seal. 2. The original bank account opening license and a copy with official seal. 3. Fill in two social security declaration forms and affix the official seal (the declaration forms can be downloaded from the website of social security agencies or collected at the window. 4. Copy of the insured's ID card.

Legal objectivity:

Article 12 of the Social Insurance Law of People's Republic of China (PRC) * * * The employing unit shall pay the basic old-age insurance premium according to the proportion of the total wages of employees stipulated by the state and record it in the basic old-age insurance pooling fund. Employees shall pay the basic old-age insurance premium in accordance with the proportion of wages stipulated by the state and record it in their personal accounts. Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employing unit and other flexible employees who have participated in the basic old-age insurance shall pay the basic old-age insurance premiums in accordance with state regulations and record them in the basic old-age insurance pooling fund and individual accounts respectively.