Provident fund: paid jointly by companies and individuals.

Capital accumulation fund: the enterprise pays by itself, which has nothing to do with employees.

2. Different beneficiaries:

Provident fund: Although individuals have to deduct a part from their wages, employees will ultimately benefit from the provident fund paid by the company to employees.

Capital accumulation fund: the beneficiary is the shareholder. After the resolution of the shareholders' meeting, the reserve fund can be converted into share capital, and new shares can be issued or the par value of each share can be increased in proportion to the original shares of shareholders.

3. Different ownership:

Provident fund: the ultimate ownership belongs to individuals.

Capital accumulation fund: the ultimate income right belongs to investors.

4. Different functions:

Provident fund: it can be used for renting, decoration, mortgage loan, provident fund loan, etc.

Capital accumulation fund: Capital accumulation fund also plays a role in consolidating the company's property foundation, preventing the company's business risks, enhancing the company's credit and maintaining the integrity of capital. This is not only conducive to the sustainable development of the enterprise itself, but also conducive to protecting the interests of creditors.

References:

Baidu Encyclopedia: Capital Accumulation Fund

Baidu Encyclopedia: Provident Fund