Document from CIS Legislation database © 2003-2024 SojuzPravoInform LLC

ORDER OF THE GOVERNMENT OF THE REPUBLIC OF MOLDOVA

of June 30, 1995 No. 450

About approval of some conditions of compulsory social insurance

According to the Resolution of Parliament of the Republic of Moldova N 350-XIII of December 27, 1994. "About enforcement of the Law on the budget of Social fund for 1995" the Government of the Republic of Moldova DECIDES:

1. Approve:

Conditions and procedure for compulsory national social insurance of persons who are engaged in profitable business activity (appendix N 1);

Conditions and procedure for compulsory national social insurance of peasant farms (appendix N 2);

Conditions and procedure for compulsory national social insurance of the citizens working outside the Republic of Moldova under the agreement (appendix N 3).

2. Authorize Social fund of the Republic of Moldova to develop and approve necessary documents for unconditional application by all contractors of the specified Conditions.

3. Recognize invalid Conditions and procedure for the national social insurance of persons who are engaged in individual labor activity including on the terms of individual (group) lease or in personal peasant farm, the members of family companies approved by the Order of the Government of the Republic of Moldova N 262 of May 21, 1991, having excluded from the name and the text of the resolution of the reference to the specified Conditions.

 

Prime Minister of the Republic Moldlva

Andrey Sangeli

Appendix No. 1

to the Order of the Government of the Republic of Moldova No. 450 of June 30, 1995

Conditions and procedure for compulsory national insurance of persons who are engaged in profitable business activity

1. The national social insurance of persons who are engaged in business activity (further - entrepreneurs), is obligatory. Fees on the national social insurance are paid on the rates approved by Parliament of the Republic of Moldova.

2. Entrepreneurs have the right to work pension and to other types of providing on the national social insurance on condition of payment of insurance premiums in Social fund of the Republic of Moldova.

3. Entrepreneurs are registered as payers of insurance premiums at representatives of Social fund of the Republic of Moldova for the place of the stay, and also in the relevant industry republican committee of labor union, federation or trade union association, having submitted necessary documents.

4. The representative of Social fund of the Republic of Moldova and industry committee of labor union assign everyone insured registration number and hand it the notice on the size of the insurance premiums which are subject to transfer in the trust fund of pensions and the trust fund of social insurance and payment due dates of these fees.

5. The income size for calculation of insurance premiums is determined according to the procedure, established by the Law of the Republic of Moldova "About the income tax from physical persons", the approved Parliament of the Republic of Moldova on December 3, 1992.

The income in cash or natural forms for calculation of fees of social insurance is determined as difference between gross annual income from all types of economic activity and documentary confirmed expenses of the taxpayer.

Income gained in natural form is considered as a part of gross annual income at the state regulated prices, and in case of lack of their regulation - at market prices of the income acquisition moment.

Insurance premiums are assessed on all income types without tax withholding.

6. Entrepreneurs represent to representatives of Social fund till March 1 of the current year information on financial results for previous year.

7. Entrepreneurs pay insurance premiums once a quarter, till March 15, on May 15, on August 15, on November 15, in the amount of 25% of the annual amount of insurance premiums estimated according to income gained for previous year, and for the first time insured pay to the same terms fees equal shares from the income assumed until the end of the current year.

After year or the termination of business activity the annual amount of insurance premiums is recalculated according to actually gained income, and the relevant information for previous year is represented the entrepreneur in district (city) department of Social fund - no later than February 15 of the next year, in case of the activities termination - along with submission of the declaration on the income in the State tax authorities.

The difference between the added amount of fees and paid within year is subject to collection from the entrepreneur or to return (to offsetting on account of the forthcoming payments) relevant organ of Social fund no later than March 15 of the next year, and in case of the termination of business activity - in 15-day time from the moment of receipt of data on the income.

8. In case of collection of insurance premiums from the entrepreneurs performing the activities as a part of group of entrepreneurs it is necessary to consider also the income which is due to each member of collective, established under their agreement, after determination of the amount of net income of all collective. About it it is specified in the declaration submitted to tax authority, and in district (city) department of Social fund the relevant information is provided.

In this case the notice on payment of insurance premiums is handed also to each member of group of entrepreneurs.

The income share which is due to each member of group of entrepreneurs, and, respectively, the amounts of fees are considered in case of introduction of payments within year, and also in case of final settlement according to the actual income gained in year.

9. Entrepreneurs do not pay the compulsory contributions of personal social insurance established in the amount of 1% of the gained income.

10. Compulsory social insurance of the citizens working for entrepreneurs under agreements is made in the sizes provided by the current legislation.

11. Allowance payment and compensations on care of children of entrepreneurs is performed at the expense of means of social insurance.

12. Insurance premiums are brought by payers into accounts of Social fund, with submission to organizations of banks of payment orders.

The entrepreneurs who do not have bank accounts pay insurance premiums through organizations of Savings bank.

The document for transfer of insurance premiums shall contain:

specifying about insurance premiums for members of group of entrepreneurs;

specifying about insurance premiums for workers (the compulsory insurance premium in the amount of 1% is allocated);

the period for which insurance premiums are paid.

13. Entrepreneurs bear, according to the current legislation, responsibility for correctness of charge and timeliness of introduction of insurance premiums, submission of reports and refusal of registration as the payer of insurance premiums.

14. In need of confirmation of length of service of entrepreneurs representatives of Social fund of the Republic of Moldova issue the certificate of the period of activities and the sizes of the paid insurance premiums based on which the right to pension and other types of social security is determined.

Warning!!!

This is not a full text of document! Document shown in Demo mode!

If you have active License, please Login, or get License for Full Access.

With Full access you can get: full text of document, original text of document in Russian, attachments (if exist) and see History and Statistics of your work.

Get License for Full Access Now

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info

Effectively work with search system

Database include more 50000 documents. You can find needed documents using search system. For effective work you can mix any on documents parameters: country, documents type, date range, teams or tags.
More about search system

Get help

If you cannot find the required document, or you do not know where to begin, go to Help section.

In this section, we’ve tried to describe in detail the features and capabilities of the system, as well as the most effective techniques for working with the database.

You also may open the section Frequently asked questions. This section provides answers to questions set by users.

Search engine created by SoyuzPravoInform LLC.