Peak
🇵🇹
Employer of Record
Portugal

Your complete solution for seamless Portuguese market entry

Hire across Portugal without setting up a local entity. Peak's people-first approach lets you employ, pay and support talent while we handle IRS, Segurança Social and full employment-law compliance.

19%
Corporate tax
Standard IRC; an 18% rate is planned for 2027, subject to approval under the annual State Budget; 15% on first €50k for SMEs.
23%
VAT (IVA)
Standard mainland rate on most goods and services.
23.75%
Employer social security
Segurança Social (TSU) contribution on gross salary.
2-4 wks
Time to first hire
From decision to your first Portuguese hire with Peak.
Why Portugal

A connected, talent-rich Atlantic hub

Portugal combines a growing tech scene, strong English proficiency and an attractive base on Europe's Atlantic edge - and you can hire here without a local entity.

Kit holding a globe
  • Growing tech scene

    Lisbon and Porto are fast-rising European tech and startup hubs.

  • Skilled, multilingual talent

    A young, well-educated workforce with strong English proficiency.

  • Atlantic gateway

    Cultural and commercial links to Brazil, Africa and the Americas.

  • Improving economy

    Steady growth and sustained investment in innovation.

  • Codified labour code

    Clear statutory rules under the Portuguese Labour Code.

  • People-first guidance

    We help you weigh whether Portugal fits your values, not just the opportunity.

The essentials

Portugal at a glance

CapitalLisbon
Income tax (IRS)12.5-48%
CurrencyEuro (€)
Employer social security23.75%
Official languagePortuguese
Corporate tax19%
Minimum wage€920/mo × 14 (2026)
Time to first hire2-4 weeks
Entity vs EOR

Set up an entity, or hire through Peak?

For most teams entering Portugal, an EOR is faster, cheaper and lower-risk than establishing a local entity.

Portugal entity setupPeak EOR
CostLda. from €1 share capital, plus registration and ongoing complianceNo setup costs, transparent monthly pricing
Time to hireCan be same-day (Empresa na Hora), plus tax and social-security setup2-4 weeks, full compliance included
Ideal for10+ employees, permanent commitment, local board needsTesting markets, 1-20 employees, flexibility needed
€0

Your upfront entity cost with Peak. Skip company formation, Segurança Social registration and the ongoing compliance overhead - with the freedom to scale up or down without complications.

Peak's honest advice

We'll tell you when setting up your own entity makes more sense. Our goal is your success, not our commission.

Staying compliant

Employment law and payroll, handled

Portuguese pay runs across 14 payments and a Labour Code reform is under discussion for 2026. We keep every contract, contribution and filing correct - so you don't have to track it.

Key protections we cover

  • 13th & 14th month: Christmas and holiday allowances are mandatory.
  • Notice periods: 15 to 75 days by tenure for objective dismissal.
  • Paid leave: 22 working days per year.
  • Minimum wage: €920/month across 14 payments (rising toward €970 in 2027 - upcoming).
  • Probation (período experimental): 90 days standard, 180 days for technical positions and roles of trust, 240 days for senior management.

Mistakes we prevent

  • Misclassifying contractors who should be employees.
  • Inadequate probation-period documentation.
  • Missing mandatory registrations and filings.
  • Incorrect holiday-pay and leave calculations.

Portugal payroll & tax, at a glance

ComponentDetail
Income tax (IRS)12.5-48% progressive, plus a solidarity surcharge on high earners
Social security (TSU)23.75% employer / 11% employee
13th & 14th monthChristmas and holiday allowances, each one month's pay
FilingMonthly to Segurança Social and the tax authority (AT)
Real Portugal experts, on our team

Actual local employment specialists - not outsourced advice. TeamHub gives you compliant templates and instant payslips, with human help whenever you need it.

Expertise & values

Real local know-how, business for good

Deep knowledge of the Portuguese Labour Code and Segurança Social, a real in-house team and a business-for-good ethos - we measure success beyond profit.

01

Deep local experience

Local specialists who know the market and the rules on the ground.

02

Real legal team

Employment lawyers in-house, not outsourced advice.

03

Compliant payroll

Certified specialists, ready for multi-currency operations.

04

Transparent pricing

No hidden fees, no billable hours, no surprises.

05

Business for good

B1G1 partner, B Corp certified, Planet Mark certified.

06

People-first by design

TeamHub keeps you informed; humans handle the hard bits.

Long-term partnership

Beyond compliance - a partner as you grow

Hiring your first person in Portugal is just the start. We support the whole journey.

Employee relations

Disputes, performance issues and cultural integration, handled with care.

Continuous compliance

Stay ahead of law changes, regulatory updates and best practice.

Growth support

Scale your team, enter new markets and get strategic advice.

Crisis management

Redundancy, restructuring and legal complications, expertly navigated.

Ready to expand to Portugal?

Portugal offers a growing tech scene and multilingual talent, but pay runs across 14 payments and reform is under discussion. Getting contracts, social security and the mandatory allowances right from the start matters.

Next steps

  • Free consultation: discuss your Portugal expansion goals.
  • Custom assessment: receive tailored strategy advice.
  • Rapid setup: start hiring within weeks.
  • Ongoing partnership: scale with confidence.

Why choose Peak

  • People-first approach with business-for-good values.
  • Real local experts, not outsourced call centres.
  • TeamHub platform: simple, intuitive, foolproof.
  • Truly transparent pricing that makes sense.