Social Security Agreements Portugal

From 2014, the members of the Board of Directors (MJG) are subject to social security on the remuneration that has been earned without ceiling in one of the bodies where they are members of the Board of Directors. Members of the Management Board who exercise managerial or administrative functions are entitled to protection in the event of unemployment. The contribution rate applicable to these BMMs is set at 34.75%, 23.75% and 11% respectively for employers and BMMs. For other BMBs, the rate of 20.3% and 9.3% applies to employers and BMBs respectively. (5) After the first twelve months of the start of the activity. The social protection granted to self-employed persons, who are entrepreneurs and owners of a limited liability establishment, includes the right to protection in the event of unemployment. . . .