When distributing the after-tax profits of the current year, the statutory provident fund company shall withdraw 10% of the profits and include it in the statutory provident fund of the company. The accumulated statutory common reserve of the company is the registered capital of the company. The company's statutory reserve fund is not enough to make up for the company's losses in previous years. Before withdrawing the statutory provident fund and statutory public welfare fund, the profits of the current year should be used to make up for the losses. The company's provident fund is used to make up the company's losses, expand the company's production and operation, or increase the company's capital. The capital of a joint stock limited company shall be based on the original share ratio of shareholders. However, when the statutory reserve fund is converted into capital, the retained reserve fund shall not be less than 2% of the registered capital. Article 167 of the Company Law stipulates that when distributing the after-tax profits of the current year, the company shall withdraw 10% of the profits, which shall be included in more than 50% of the registered capital of the statutory provident fund company, and shall not withdraw the provident fund.

Second, Wuxi provident fund loan conditions

The loan conditions of Wuxi Provident Fund are as follows: 1. On-the-job employees with full capacity for civil conduct and full payment of housing provident fund; 2, continuous normal deposit of housing provident fund for more than twelve months; 3, in the administrative area of the purchase and construction of self-occupied housing, and has paid more than the prescribed down payment ratio of the purchase price; 4. Good personal credit, stable economic income and the ability to repay the loan principal and interest; 5. Agree to use the purchased house as loan collateral, or provide a guarantee recognized by the management center. Process of handling provident fund loans: 1. Lenders applying for housing provident fund loans need to submit a written application to the bank, fill in the Application Form for Housing Provident Fund Loans and truthfully provide the following information: (1) Proof of deposit of the applicant's and spouse's housing provident fund; (2) the identity certificate and marital status certificate of the applicant and spouse; (3) proof of stable family income and other proof of creditor's rights and debts that have an impact on repayment ability; (4) valid documents such as purchase contract and agreement; (5) List of mortgaged property and pledge, certificate of ownership, certificate of consent of the authorized person to mortgage and pledge, and certificate of mortgage evaluation issued by relevant departments; (6) The Provident Fund Center requires the third-party guarantor to provide guarantee and pay the guarantee fee, and the borrower, the lender and the third-party guarantor * * * sign a tripartite contract; (7) Other information required by the Provident Fund Center. 2. For the loan application with complete information, the bank will accept the review in time and submit it to the provident fund center in time; 3, provident fund center is responsible for the examination and approval of loans, and timely notify the bank of the examination and approval results; 4. The bank shall notify the applicant to handle the loan formalities according to the examination and approval results of the provident fund center. The borrower and his wife sign a loan contract and related contracts or agreements with the bank, and send the loan contract and other procedures to the provident fund center for review. After the approval of the provident fund center, the entrusted funds will be allocated, and the entrusted bank will issue loans in full and on time according to the loan contract. 5. If the house is secured by mortgage, the borrower shall go through the mortgage registration formalities at the real estate management department where the house is located. If the mortgage contract or agreement is signed by both husband and wife and pledged by securities, the borrower shall hand over the securities to the management department or the joint center for safekeeping. Legal basis: Article 15 of the Regulations on the Management of Housing Provident Fund stipulates that if a unit hires employees, it shall go through the deposit registration at the housing provident fund management center within 30 days from the date of employment, and handle the establishment or transfer of employee housing provident fund accounts at the entrusted bank with the audit documents of the housing provident fund management center.

3. What are the conditions for Wuxi housing provident fund loan?

Requirements of provident fund loans for provident fund:

Individual urban workers and their units must continue to pay housing provident fund for one year. When applying for individual housing provident fund loans, urban workers shall submit the following materials:

1. Four copies of the identity certificate of the individual (hereinafter referred to as the borrower) applying for the loan and the relevant identity certificate of the spouse (ID card or other valid documents are acceptable);

2. Four copies of the borrower's marriage certificate (single certificate, marriage certificate, divorce certificate or divorce judgment, and the spouse must provide the death certificate of the other party);

3. 4 copies of valid vouchers for payment of house purchase price;

4 copies of the income certificate of the borrower and spouse;

4 originals of the legal house purchase contract;

6. And the seal of the borrower and his spouse.

In addition, the borrower's housing provident fund deposit certificate is required. Be sure to bring the originals and corresponding copies of these materials.

Housing construction audit information:

1. Pre-sale (sales) permit or approval for housing reform of commercial housing;

2. Construction project planning permit;

3. Construction permit for construction projects;

4. Construction land planning permit;

5. State-owned land use certificate; View floor plan and floor plan.

Buyers who meet the conditions of housing provident fund loans can apply for provident fund loans at the entrusted banks and handling outlets, or at the nearest provident fund management center or sub-center and management department.

4. Does Wuxi need social security to use the provident fund?

Of course, it depends on social security. Without social security, there must be no provident fund. In addition, Wuxi's foreign household registration also needs to have a one-year social security payment record in Wuxi.

Apply for housing provident fund loans need to meet the following conditions:

1, the provident fund account has been established for more than 12 months (inclusive), and the general provident fund has been paid in full for a certain number of years. Some regions require 6 months (inclusive), and some regions require 12 months (inclusive), which will vary from place to place;

2. The applicant 18 years old or above, and the male is under 65 years old and the female is under 60 years old;

3. The applicant has full capacity for civil conduct, has the ability to repay the principal and interest of the loan, and has a good credit status;

4. The applicant has paid the down payment for the house purchase as required;

5. The applicant provides a guarantee that meets the requirements of the bank;

6. Other conditions that meet the requirements of the local provident fund center.