Facilitating the transition to formal economy by means of labor law and social security law

The article is devoted to the search for a solution to such an acute and urgent problem of modern society as the informal economy, which has an adverse impact both on the state and its financial instruments, and on the population employed in it. Analyzing the norms of Labor Law and Social Security Law, the authors evaluate the current legal regulation through the prism of its focus on the transition to formal employment and the economy. Taking into account the peculiarities of informal employment, they propose ways to improve labor and social security legislation.