ITP-Law
Information Technology Parks Law
Law regarding the information technology parks
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(1) Employees of Park residents enjoy all types of social insurance benefits paid from the state social insurance budget, in accordance with the current legislation. The insured monthly income of these employees should be 68 percent of the average monthly salary for the economy projected for the corresponding year.
(2) Employees of Park residents receive the status of an insured person in the mandatory health insurance system based on updated information provided in the income tax reports, mandatory health insurance contributions and mandatory state social insurance contributions withheld and accrued in accordance with the current legislation.
(3) The Park resident must provide its employees with written information about the specifics of social and health insurance established by this article, as well as about the specifics of income tax on wages before obtaining the status of a Park resident, and in the case of new employees – before hiring them.