The importance of NISS for entrepreneurs and the self-employed in Portugal

The Social Security Identification Number (NISS) is essential for entrepreneurs and self-employed people wishing to set up and operate legally in Portugal. This number, issued by the Portuguese Social Security Institute, is a prerequisite for access to social protection services, health benefits and many other rights and obligations. This guide explains how the NISS is useful for entrepreneurs and the self-employed in Portugal.

What is the NISS?

The NISS, or Social Security Identification Number, is a unique identifier assigned to each individual or entity carrying out an economic activity in Portugal. Click here for more information on NISS. The NISS plays a central role in the administration of social security contributions. It ensures that self-employed workers and entrepreneurs are covered by the Portuguese Social Security system.

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Why is the NISS necessary for entrepreneurs and the self-employed?

The NISS is required for access to social benefits, legal obligations, access to health services, etc.  

Access to social benefits

To receive social benefits such as unemployment benefit, sickness benefit, family benefits or retirement pensions, you need an NISS. Without this number, entrepreneurs and the self-employed cannot contribute to the Social Security system and therefore cannot benefit from these protections.

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Legal obligations

The NISS is required to fulfil several legal obligations, including the payment of social security contributions. These contributions are essential to guarantee cover in the event of illness, industrial accident or maternity, for example.

Access to health services

An entrepreneur or self-employed person holding an NISS has access to the Portuguese public health system. This includes medical care, consultations and hospital treatment at reduced rates or free of charge.

Challenges and solutions

Although obtaining an NISS is a relatively straightforward process, some entrepreneurs and self-employed people may encounter difficulties, particularly due to language barriers or the complexity of Portuguese administrative procedures. To overcome these obstacles, it may be useful to call on the services of an accountant or business advisor. It is also useful to use online resources.

In short, the NISS is an indispensable tool for entrepreneurs and the self-employed in Portugal. Not only does it enable them to comply with their legal and tax obligations, it also guarantees their access to social benefits and health services. By making sure they follow the correct procedures and seeking help if necessary, entrepreneurs and self-employed people can take full advantage of the benefits offered by the Portuguese Social Security system.