Social Security Contributions

Social Security

Social security contribution is levied on salary. It includes an employer and employer contribution

  • All salary elements considered as remuneration of work performed by employee
  • Benefit in kind assessed with taxable percentage constitutes basis of social security contribution.
  • Only do not constitute basis of social security elements considered as expenses reimbursement,
  • They are commonly called professional fees.

Table below summarizes rates and contributors :

Contributions to:

Rate - Contributor

Comments

Employer

Employee

Family allowances

12%

Benefit in Kind Included, Basis is capped at 600.000 per month (7.200.000 per year)

Professionnal risks

3%

Old-age pension, invalidity and death

4%

3,00%

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