With the aim of helping companies to formalize their employees and bring their labor obligations up to date, the Ministry of Labor, Employment and Social Security (MTESS) and the Social Security Institute (IPS) have decided to grant a grace period, authorizing the exoneration of fines established in the legal provisions for a term of 60 calendar days. Thus, from November 1 to December 31, 2018, the payment of fines for late registration in the Employer Labor Registry and late submission of annual payrolls will be exonerated.
This provision, established in Decree 553/2018, arose as a result of numerous companies being in arrears with their obligations, which is punishable by a fine of 10 to 30 minimum daily wages - in accordance with Decree 8304/2017, as amended by Decree 9368/2018.
It is important to note that, although not expressly mentioned in the decree, this exoneration will not be applied retroactively. For this reason, fines that were generated before November 1 will not be exonerated from payment.
For more information on timely compliance with current labor obligations, please do not hesitate to contact Walter Vera (wvera@vouga.com.py) or Daniela Leguizamón (dleguizamon@vouga.com.py).
