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
€ 23550
per

Your estimated
City
free-cash

Batumi , Georgia
€14427
€17959
€18902
€17132
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%.

-
-
-
23 550
microenterprise

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

-
-
-
235
total
-
-
-
235
Employee
5 516
-
23 550
-
income
1 103
-
4 710
-
total
1 103
-
4 710
-
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%.

18 034
23 550
-
-
total
-
-
-
-
Dividends
18 034
23 550
-
-
withholding
902
1 178
-
-
total
902
1 178
-
-
Income
23 550
23 550
23 550
23 550
Total tax
2 005
1 178
4 710
235
After tax
21 545
22 372
18 840
23 315
Living cost
4 413
4 413
4 413
4 413
Free-cash
17 132
17 959
14 427
18 902

Estimated living cost  is €4413 per year

€2735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€367
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€121
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.
€1190
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
€11963
€15495
€16438
€14206
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%.

-
-
-
23 550
microenterprise

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

-
-
-
235
total
-
-
-
235
Employee
8 596
-
23 550
-
income
1 719
-
4 710
-
total
1 719
-
4 710
-
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%.

14 954
23 550
-
-
total
-
-
-
-
Dividends
14 954
23 550
-
-
withholding
748
1 178
-
-
total
748
1 178
-
-
Income
23 550
23 550
23 550
23 550
Total tax
2 467
1 178
4 710
235
After tax
21 083
22 372
18 840
23 315
Living cost
6 877
6 877
6 877
6 877
Free-cash
14 206
15 495
11 963
16 438

Estimated living cost  is €6877 per year

€4653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
€289
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
€231
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.
€1704
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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