The legal limit of company fines is mainly governed by the Administrative Punishment Law of the People's Republic of China, the Company Law of People's Republic of China (PRC) and other laws and regulations. Among them, the Administrative Punishment Law of the People's Republic of China stipulates the amount of fines applicable to different kinds of illegal acts. For example, enterprises that violate environmental laws and regulations can be fined up to 5 million yuan; The Company Law of People's Republic of China (PRC) stipulates the amount of fines applicable to the company's illegal acts. For example, if the registered capital is illegally reduced, a fine of more than 30% and less than 50% will be imposed. If the company's fine exceeds the legal limit, it is illegal and will face different legal consequences. Depending on the circumstances, the enterprise may be ordered to stop production and rectify, its business license revoked, and severely cracked down, which may even constitute a criminal offence.
How can companies avoid illegal fines? A: The company should strengthen internal management, ensure legal and compliant operation, and establish and improve the internal control system. At the same time, the company also needs to carefully understand and abide by relevant laws and regulations to ensure that it will not violate relevant regulations in the course of operation. If the company finds any illegal acts, it must take corresponding measures to rectify them in time and cooperate with relevant departments to investigate and deal with them.
It is illegal for a company to impose a fine exceeding the statutory limit. Companies should conscientiously abide by and implement laws and regulations, strengthen internal management, ensure legal and compliant operations, and prevent the occurrence of fines. At the same time, if the company finds any illegal acts, it must take corresponding measures to rectify them in time and cooperate with relevant departments to investigate and deal with them, so as to avoid possible legal consequences.
Legal basis:
Article 15 of the Provisional Regulations on Wages in People's Republic of China (PRC) shall not be deducted by the employing unit. Under any of the following circumstances, the employer may withhold the wages of the workers:
(1) Personal income tax withheld and remitted by the employer;
(2) Social insurance premiums withheld and remitted by the employer and borne by individuals;
(3) The alimony and maintenance expenses required to be withheld by the court's judgment or ruling;
(four) other expenses that can be deducted from the wages of workers as stipulated by laws and regulations.