Payment of Contributions

Mandatory Registration

Contributions are paid monthly and must be paid between the 10th and 20th of the month following the month to which the contributions relate, always after the respective payment slip has been issued.

The employer withholds 4% of the basic contribution amount  paid to the employee. 

The employer pays the total social security contribution of 10 per cent of the basic contribution amount (including the 4 per cent portion for employees and the 6 per cent portion for employers).

 

Optional Registration

Contributions are paid monthly and must be paid by the 10th day of the month following the month to which the contributions relate, always after the respective payment slip has been issued.

Social Security issues the payment slips and sends them by email to the worker or delivers them directly to the social security offices.

Payment must be made by bank transfer through any commercial bank to the social security account. 

Any costs associated to the bank transfer are paid by the worker.

After payment, the worker has to provide proof of payment to the Social Security.