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Moldova Approves Shift in Social Security Contributions to Employers and Health Insurance Contributions to Employees

|Approved Changes|Moldova
Moldova

Moldova's government has approved revisions in the social security and health insurance contribution requirements with effect from 1 January 2021. With respect to social security, this includes that the contributions are shifted entirely to the employer with a rate of 29%, as opposed to the current 23% rate for employers and 6% rate for employees. For agricultural companies, a 24% rate would ap…

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