If you own shares in the company as an actual partner (and not as a job incentive for employees), the contribution must shift from compulsory insurance branch to optional insurance as an employer, as a partner.
- The period of participation in compulsory insurance shall not be less than 5 consecutive or intermittent years.
- Submit the voluntary insurance application within 6 months from the date of the end of service in compulsory insurance.
The contribution value is (21%) of the average wage for the last year of leaving work in compulsory insurance, taking into account the application of the provisions of Law No. (14) of 2022 amending the percentage of contributions until January 2028, where the percentage is increased by 1% annually until the year 2028 to be 24%.
