In connection with the COVID-19 pandemic, and in order to
support individuals and business entities and reduce the negative
impact of the pandemic (1) the law on the exemption from social
insurance premiums and support from the Unemployment Insurance Fund
and (2) the law on tax relief and exemption from corporate income
tax was adopted on 9, April 2020. These laws were amended on 28,
August 2020.
Amendments to the law on the exemption from social
insurance premiums and support from the Unemployment Insurance
Fund:
A new article 21 was added to the law and some
provisions in regard to period were changed.
According to the new article (21), pension insurance
premiums of a legal entity (an employer) that has
lost its operations due to the pandemic and its income is
decreased, but has maintained its workplaces and submitted its
report on payment of social insurance premiums within the fixed
period specified in the law, and of an insured working for such
entity (an
