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Government unveils new law to cut red tape for business


2011-06-08



The government on 7 June approved a fresh package of measures aimed at making life easier for businesses by reducing some reporting requirements and other red tape. It will now be sent to Parliament. The Ministry of Economy, which prepared proposal, would like the new rules to take effect on 1 January 2012.

Among other things, the law reduces the frequency with which companies must inform their employees in writing about payment of mandatory health and social insurance contributions, from once a month to once a year (unless the employee wants to be informed more frequently); cuts to five years from 10 years the expiration period for outstanding premiums owed to the Social Insurance Office (ZUS) and the Farmers’ Social Insurance Fund (KRUS); extends until 31 January from 15 January the deadline for the submission of real-property tax declarations; allows employees to use their paid leave by 31 July of the following year, rather than 31 March as now; gives employer federations and trade unions the power to request general tax interpretations from the Finance Ministry; cuts to five years from 10 years the period for the required archiving of past social insurance declarations and notices, and makes it possible for certain documents to be sent in electronic form, as an alternative to paper-based documents.



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