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By Sergei Blagov
March 3— The Russian Labor Ministry released guidance for employers required under Federal Law No. 188-FZ, effective Jan. 1, to report payment of mandatory social levies (Letter No. 17-4/V-38).
The new law requires employers of more than 25 employees to report electronically payment of mandatory pension, social and medical insurance levies. Letter No. 17-4/V-38 notifies employers that the new requirement applies to reports covering payment of mandatory social levies starting with the first quarter of 2015.
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Full text of Letter No. 17-4/V-38 is available in Russian at http://www.consultant.ru/document/cons_doc_LAW_175735.
For more information on Russian HR law and regulation, see the Russia primer.
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