Ministry of Labor Proposes Reductions to Social Security Fund Contributions

On September 1, 2020, the cabinet approved the draft Notification of the Ministry of Labor Regarding the Criteria, Methods, and Conditions for the Reduction of Contributions from the Employer and the Insured During the Coronavirus Disease 2019 (COVID-19) Outbreak (“Notification”), which will grant reductions to monthly Social Security Fund (SSF) contributions from employers, employees, and … Continue reading Ministry of Labor Proposes Reductions to Social Security Fund Contributions