Hiring in Portugal through an Employer of Record
A Portuguese employer pays the single social tax, the Taxa Social Única, on top of salary.
Employing someone in Portugal through an Employer of Record costs 14 monthly salaries a year rather than twelve, as the law requires, plus 23.75 percent taxa social única, employer, plus the vendor's own monthly fee, the lowest published being from $199 from RemoFirst. The charges were read from gov.pt, last on .
What does an employer pay on top of salary in Portugal?
- 23.75% Taxa Social Única, employer
Each charge, and what it is for
- Taxa Social Única, employer: 23.75 percent of gross pay, for companies run for profit.
- Minimum wage: €920 a month for full-time work, paid fourteen times a year rather than twelve.
Salaries a year: 14, not twelve. The law requires extra payments of a month's pay, which it calls subsídio de Natal
and subsídio de férias
(read from the law).
This figure is in EUR, and the calculator below works in US dollars, so it does not apply it. Converting would need an exchange rate this site has not sourced.
Non-profit employers pay a lower rate, and some hires qualify for temporary reductions. Workplace accident insurance, which the employer must buy, is left out.
What does one employee in Portugal cost a year?
Salary plus the charges above plus the vendor's published monthly fee, for twelve months. The extra salaries the law requires are added at face value; any employer charges on them are not. "At least" marks a vendor whose published fee is a starting price. Not included: benefits and currency conversion fees.
Vendor fees used
Atlas HXM from $599, Deel from $599, G-P from $599, Multiplier from $459, Oyster $699, Pebl (Velocity Global) $399, RemoFirst from $199, Remote from $599, Remundo from $498, Rivermate from $349, Skuad from $199, Slasify from $250, Teamed from $599. Not published: Rippling.
Where these numbers come from
- Taxa Social Única, employer on gov.pt read
- Each vendor's own pricing page, linked from its name above.