Social Security -25% Option: How It Works
In the quarterly declaration you can adjust the base by up to 25%. See the impact on BIC, contributions, sickness, parental leave and pension.
Everything you need to know about invoicing, VAT and Social Security in Portugal.
In your first year of activity you are fully exempt from Social Security — 12 months at zero. After that, the contribution is 21.4% on 70% of the services provided in the previous quarter.
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In the quarterly declaration you can adjust the base by up to 25%. See the impact on BIC, contributions, sickness, parental leave and pension.