Accountancy in Portugal

>> Employment in Portugal

Social security contributions

Contributions to Social Security are compulsory for both employees (11%)  and employers (23.75%) as well as for  self-employed individuals (34.75%).

Members of the management of Portuguese companies are automatically liable to pay Social Security based on the income received, regardless of whether they are resident in Portugal.

Members of the management of Portuguese companies may be resident anywhere in the world; they may avoid the Social Security liability in Portugal by providing proof of their registration to, and payment of, social security in their country of residence.

Employment of foreign personnel

Non-EU personnel intending to work in Portugal must apply for a work visa before entering in national territory. Foreign workers provided with all authorizations  to work in national territory, have the same rights as domestic workers in Portuguese labour laws.

Medical

The contributions for the health/medical system are, like social security, deducted from employee income.


Latest version updated 25th October 2017

Country Breakdown

7.32

Million

Population

Euro

Currency

$ 204.6

Billion

GDP

92,212

km2