Share of employees will increase in structure of compulsory state social insurance fees

Baku. 3 June. REPORT.AZ/ Law of Azerbaijan Republic on Social Insurance is expected to change this year.

Report informs, this is stipulated in Action Plan approved yesterdayonthe implementation of decree signed by President of Azerbaijan on July 13 on additional measures to improve the country’s business environment and its position in international ratings.

According to the plan, in the structure of compulsory state social insurance fees the revision of rates between employee and employer, gradually reducing the share of the employer in this proportion and increase in the share of employees are expected.