What are the requirements for the hiring incentives in Portugal?

Portugal offers a range of incentives to hire an employee in different situations. According to the IEFP (Institute of Employment and Training), Companies can hire from IEFP registered professionals by submitting a request. 

• Financial support for employers who sign an employment contract, with no fixed term or a fixed term of more than 12 months.
• Partial exemption or total exemption from the payment of contributions to the social security scheme, to the company that hires a young person looking for his/her first job contract, or was unemployed for a long time.