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A frequency of audits in the field of statutory state social insurance has been outlined

03.06.2009

Resolutions of the CMU No. 540, No. 547 of June 03, 2009

In pursuance of Article 5 of Law of Ukraine No. 877-V of April 05, 2007 “On the Main Principles of State Supervision (Oversight) in the Area of Commercial Activity”, planned activities of state supervision over companies’ activity have been approved:

  • in the area of statutory state social insurance against industrial accidents and occupational diseases which caused disability;
  • in the area of statutory state social insurance against temporary disability and expenses on birth and funeral.

These activities should be carried out depending on a risk level possible for a corresponding activity. The Law approves risk assessment criteria. Three risk groups have been distinguished.

High risk companies will be audited no more than once yearly, medium risk companies – once in two years, low risk companies – no more than once in 5 years.

 

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