Social Security

Employers, employees and self-employed are liable to pay social security contributions. Employers pay social security contributions at the rate of 10% of the employee’s weekly basic wages.   A maximum contribution per week does apply [max. contribution around EUR40]. The employer also deducts the same amount of contribution from the employee’s wage and pays the whole amount to the government on a monthly basis.  Self-employed individuals pay social security contributions every quarter equivalent to 15% of their previous year income received from trade.  Again, a minimum and maximum amount of contribution apply.