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 where a maximum contribution per week applies [2012: max. contribution Eur37.85]. 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, business or profession subject to a minimum and a maximum amount.