Presidential Decree No. 295/20, of 18 November 2020, was enacted to approve a social security regime specific to employees engaged in low-income activities. The new regime introduces special contribution rates of only 4% for the employer and 1.5% for the employees, to be levied on all elements of pay, thus corresponding to only 50% of the respective general contribution rates.

For purposes of this statute, low-income activities are the ones carried out by agriculture, fishing and commercial companies, in which the average monthly salary of the total workforce does not exceed twenty times the national statutory minimum salary for the agriculture sector, currently set at AOA 21,454.10.

The new regime entered immediately into force.

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