Attention! Several favorable polices have been issued.
On April 25, 2022, the Ministry of Human Resources and Social Security, the Ministry of Finance and the State Administration of Taxation jointly issued the “Notice for adjusting the unemployment insurance to stabilize posts and improving work skills to prevent unemployment” (Ren She Bu Fa [2022] No.23, hereinafter referred to as the “Notice”), which involves many favorable policies for enterprises. Refund of unemployment insurance premiums The “Notice” stipulates that unemployment insurance premiums can be refunded in different proportions according to the size of the enterprise and the rate of layoffs. The premise of the refund is that the insured enterprise…