MEASURES TO MITIGATE THE IMPACTS

Ministry of Industry and Trade (MIT) and Ministry of Labor and Social Affairs (MLSA) have issued measures to mitigate the economic impacts of the pandemic.

– The state will exempt all self-employed people of payments for compulsory social security insurance retroactively since March 2020. The self-employed will not have to pay required prepayments from March to August, thus the total amount of insurance in the yearly statement will be lower in the amount corresponding with minimum prepayments for social security insurance per six months. Self-employed people will be released from the amount.

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