Reduce rates of obligatory insurance contributions will be applicable for small or medium-sized enterprises in accordance with the Federal Law of No.209-FZ of 24.07.2007 «On the Development of Small and Medium-Sized Enterprises in the Russian Federation.»
Reduced rates will be applicable for a salary exceeding minimum wage (on 01.04.2020, the minimum wage is 12 130 rubles).
Reduced rates are also set for 2021.