Amending Law and Regulations on Social Insurance

In June 2017, the House of Representatives voted on the Social Insurance (Amending) (No. 2) Law of 2017 and the Social Insurance (Contributions) Amending Regulations of 2017, according to Baker Tilly. The Law and the Regulations provide for the imposition of severe penalties in cases of undeclared work as well as differentiation in the process of commencement of employment.