Enter your average income below to estimate applicable free-cash in all major European cities. By free-cash we mean your disposable income, left in your pocket after paying tax, rent, insurance, public transport, food expenses and basic entertainment. How does it work?

average income is
€ 16800
per

Your estimated
City
free-cash

Batumi , Georgia
€11157
€10256
€11829
€8637
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
16 800
microenterprise

A sole-trader will lose its microenterprise status when the turnover exceeds 500,000 GEL for the last two consecutive years.

-
-
-
168
total
-
-
-
168
Employee
6 004
-
16 800
-
income
1 201
-
3 360
-
total
1 201
-
3 360
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

10 796
16 800
-
-
total
-
-
-
-
Dividends
10 796
16 800
-
-
withholding
540
840
-
-
total
540
840
-
-
Income
16 800
16 800
16 800
16 800
Total tax
1 741
840
3 360
168
After tax
15 059
15 960
13 440
16 632
Living cost
4 803
4 803
4 803
4 803
Free-cash
10 256
11 157
8 637
11 829

Estimated living cost  is €4803 per year

€2977
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€399
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€132
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€1295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Tbilisi , Georgia
€8475
€7072
€9147
€5955
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
16 800
microenterprise

A sole-trader will lose its microenterprise status when the turnover exceeds 500,000 GEL for the last two consecutive years.

-
-
-
168
total
-
-
-
168
Employee
9 356
-
16 800
-
income
1 871
-
3 360
-
total
1 871
-
3 360
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

7 444
16 800
-
-
total
-
-
-
-
Dividends
7 444
16 800
-
-
withholding
372
840
-
-
total
372
840
-
-
Income
16 800
16 800
16 800
16 800
Total tax
2 243
840
3 360
168
After tax
14 557
15 960
13 440
16 632
Living cost
7 485
7 485
7 485
7 485
Free-cash
7 072
8 475
5 955
9 147

Estimated living cost  is €7485 per year

€5065
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€314
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€251
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
€1855
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
€0
I'm drinking at home rarely or never.
€0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

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Additional information

Source

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