Social contributions rates for years 2018 – 2020 have been established

New Law was adopted by the RF State Duma according to which contributions rates to Social Funds for years 2018 – 2020 shall remain. Thus, aggregate amount shall be at the same level of salary 30%:22% for the RF Pension Fund;2.9% for the RF Social Insurance Fund;5.1% for the RF Compulsory Medical Insurance Fund. According to many experts, Social contributions rates for 2021 most probably will be increased. Please be informed that Social contributions rates to be paid by employers for employees – foreign citizens depend on their migration status. More detailed information on the matter is available on our website: http://valen.moscow/what-taxes-and-social-fees-shall-be-paid-foreign-employees/ru/.