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
₽ 188000
per

Your estimated
City
free-cash

Dresden , Germany
₽66363
₽89203
₽66465
₽76742
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

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

-
-
-
188 000
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

-
-
-
60 632
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

-
-
-
3 335
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 410
trade
-
-
-
22 738
total
-
-
-
93 115
Employee

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

35 888
-
188 000
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

55
-
3 335
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

1 002
-
60 632
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 410
-
6 410
-
total
7 467
-
70 377
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
152 112
188 000
-
-
income
22 817
28 200
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

1 255
1 551
-
-
chamber of commerce
361
413
-
-
trade
23 958
29 610
-
-
total
48 391
59 774
-
-
Dividends
103 720
128 227
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

1 407
1 743
-
-
withholding
25 573
31 700
-
-
total
26 980
33 443
-
-
Income
188 000
188 000
188 000
188 000
Total tax
82 838
93 217
70 377
93 115
After tax
105 162
94 783
117 623
94 885
Living cost
28 420
28 420
28 420
28 420
Free-cash
76 742
66 363
89 203
66 465

Estimated living cost  is ₽28420 per week

₽17877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3314
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
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.
₽6699
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

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Reykjavik , Iceland
₽67356
₽60592
₽59583
₽66526
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
-
-
-
188 000
social contributions
-
-
-
2 021
municipal
-
-
-
20 697
national
-
-
-
33 183
pensions
-
-
-
22 560
total
-
-
-
78 461
Employee
77 442
-
162 524
-
municipal
9 565
-
21 425
-
pensions
3 098
-
6 501
-
national
14 822
-
34 777
-
total
27 485
-
62 703
-
Employer
77 442
-
162 524
-
pensions
6 195
-
13 002
-
social contributions
832
-
1 747
-
total
7 027
-
14 749
-
Corporate
98 419
188 000
-
-
income

Corporate income tax will depend on a type of legal entity. For LLC and Limited Partnership it is set at 20%. All other entities pay 37.6%.

19 684
37 600
-
-
total
19 684
37 600
-
-
Dividends
78 736
150 400
-
-
withholding
17 322
33 088
-
-
total
17 322
33 088
-
-
Income
188 000
188 000
188 000
188 000
Total tax
71 518
70 688
77 452
78 461
After tax
116 482
117 312
110 548
109 539
Living cost
49 956
49 956
49 956
49 956
Free-cash
66 526
67 356
60 592
59 583

Estimated living cost  is ₽49956 per week

₽33955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
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.
₽10610
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

It is very difficult to get a residence permit on a basis of self-employment for a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit). EU/EFTA nationals and long-term EU resident permit holders can register self-employed and apply for a permanent residence.

Riga , Latvia
₽130880
₽61002
₽47307
₽123182
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

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
188 000
income
-
-
-
37 282
surtax
-
-
-
47 939
social contributions

Each person younger than 30 on 1 July, 2001 should make pension contributions to an old-age pension account. We include it in our internal model.

-
-
-
35 951
microenterprise
-
-
-
-
total
-
-
-
121 172
Employee
27 418
-
145 100
-
surtax
-
-
21 040
-
social contributions

Each person younger than 30 on 1 July, 2001 should make pension contributions to an old-age pension account. We include it in our internal model.

3 016
-
12 300
-
income
4 881
-
31 237
-
total
7 897
-
64 577
-
Employer
27 418
-
145 100
-
social contributions

Each person younger than 30 on 1 July, 2001 should make pension contributions to an old-age pension account. We include it in our internal model.

6 604
-
26 939
-
surtax
-
-
15 961
-
total
6 604
-
42 900
-
Corporate
153 978
188 000
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

30 796
37 599
-
-
total
30 796
37 599
-
-
Dividends

In Latvia, local dividends are not subject to withholding tax.

123 182
150 401
-
-
total
-
-
-
-
Income
188 000
188 000
188 000
188 000
Total tax
45 297
37 599
107 477
121 172
After tax
142 703
150 401
80 523
66 828
Living cost
19 521
19 521
19 521
19 521
Free-cash
123 182
130 880
61 002
47 307

Estimated living cost  is ₽19521 per week

₽12454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1859
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
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.
₽4765
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
Rotterdam , Netherlands
₽54110
₽80617
₽62905
₽48360
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
-
-
-
188 000
income
-
-
-
63 225
health
-
-
-
11 570
pensions
-
-
-
10 993
total
-
-
-
85 788
Employee
80 127
80 127
170 562
-
pensions
14 423
10 993
10 993
-
income

It is possible to apply for a 30% ruling (tax reduction) for salaries over €37,000 per annum.

13 116
13 116
28 076
-
health
12 299
10 461
11 570
-
total
39 838
34 570
50 639
-
Employer
80 127
80 127
170 562
-
health
5 570
5 570
6 921
-
pensions
5 577
5 577
6 932
-
unemployment
2 885
2 885
3 584
-
total
14 032
14 032
17 437
-
Corporate
94 824
93 841
-
-
income
18 965
18 768
-
-
total
18 965
18 768
-
-
Dividends
75 859
75 074
-
-
income
16 120
15 952
-
-
withholding
11 378
11 261
-
-
total
27 498
27 213
-
-
Income
188 000
188 000
188 000
188 000
Total tax
100 333
94 583
68 076
85 788
After tax
87 667
93 417
119 924
102 212
Living cost
39 307
39 307
39 307
39 307
Free-cash
48 360
54 110
80 617
62 905

Estimated living cost  is ₽39307 per week

₽27856
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3543
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
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.
₽7283
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
Stockholm , Sweden
₽65164
₽56754
₽57663
₽64322
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
-
-
-
188 000
accident
-
-
-
164
other
-
-
-
9 546
unemployment
-
-
-
82
health
-
-
-
5 126
municipal
-
-
-
48 965
national
-
-
-
20 089
pensions
-
-
-
8 881
total
-
-
-
92 853
Employee
53 411
-
162 188
-
municipal
15 927
-
48 364
-
national
-
-
19 586
-
total
15 927
-
67 950
-
Employer
53 411
-
162 188
-
health
3 285
-
5 052
-
pensions
5 774
-
8 881
-
accident
107
-
164
-
unemployment
1 410
-
2 169
-
other
6 206
-
9 546
-
total
16 782
-
25 812
-
Corporate
117 807
188 000
-
-
income
25 918
41 360
-
-
total
25 918
41 360
-
-
Dividends
91 889
146 640
-
-
withholding
27 567
43 992
-
-
total
27 567
43 992
-
-
Income
188 000
188 000
188 000
188 000
Total tax
86 194
85 352
93 762
92 853
After tax
101 806
102 648
94 238
95 147
Living cost
37 484
37 484
37 484
37 484
Free-cash
64 322
65 164
56 754
57 663

Estimated living cost  is ₽37484 per week

₽24843
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3678
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
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.
₽8394
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
Hamburg , Germany
₽56955
₽80762
₽57012
₽70140
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

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

-
-
-
188 000
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

-
-
-
60 632
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

-
-
-
3 335
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 410
trade
-
-
-
23 750
total
-
-
-
94 127
Employee

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

47 583
-
188 000
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

224
-
3 335
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

4 088
-
60 632
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 410
-
6 410
-
total
10 722
-
70 377
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
140 417
188 000
-
-
income
21 063
28 200
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

1 159
1 551
-
-
chamber of commerce
342
410
-
-
trade
23 098
30 926
-
-
total
45 662
61 087
-
-
Dividends
94 755
126 914
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

1 284
1 725
-
-
withholding
23 331
31 373
-
-
total
24 615
33 098
-
-
Income
188 000
188 000
188 000
188 000
Total tax
80 999
94 185
70 377
94 127
After tax
107 001
93 815
117 623
93 873
Living cost
36 860
36 860
36 860
36 860
Free-cash
70 140
56 955
80 762
57 012

Estimated living cost  is ₽36860 per week

₽24653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3887
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
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.
₽7771
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

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Limassol , Cyprus
₽106640
₽95334
₽96928
₽102748
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
-
-
-
188 000
income
-
-
-
40 664
social contributions
-
-
-
15 181
health
-
-
-
4 793
total
-
-
-
60 638
Employee
72 151
72 151
176 656
-
social contributions
3 506
5 988
8 077
-
income
7 576
6 679
39 807
-
health
718
1 227
3 004
-
total
11 800
13 894
50 888
-
Employer
72 151
72 151
176 656
-
health
782
1 335
3 267
-
social contributions
3 506
5 988
8 077
-
total
4 288
7 323
11 344
-
Corporate
141 478
108 525
-
-
income
17 685
13 566
-
-
total
17 685
13 566
-
-
Dividends
123 793
94 959
-
-
withholding
21 045
16 143
-
-
total
21 045
16 143
-
-
Income
188 000
188 000
188 000
188 000
Total tax
54 818
50 926
62 232
60 638
After tax
133 182
137 074
125 768
127 362
Living cost
30 434
30 434
30 434
30 434
Free-cash
102 748
106 640
95 334
96 928

Estimated living cost  is ₽30434 per week

₽20805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
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.
₽6741
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
Budapest , Hungary
₽88739
₽92167
₽113420
₽89088
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
-
-
-
188 000
income
-
-
-
22 983
unemployment
-
-
-
2 820
health
-
-
-
13 160
pensions
-
-
-
18 800
total
-
-
-
57 763
Employee

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

24 275
9 661
157 322
-
unemployment
364
145
2 360
-
pensions
2 428
966
15 732
-
income
2 968
1 181
19 233
-
health
1 699
676
11 013
-
total
7 459
2 968
48 338
-
Employer

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

24 275
9 661
157 322
-
pensions
4 734
1 884
30 678
-
total
4 734
1 884
30 678
-
Corporate
158 991
176 455
-
-
income
14 309
15 881
-
-
total
14 309
15 881
-
-
Dividends
144 682
160 574
-
-
social contributions
28 103
31 202
-
-
withholding
27 490
30 509
-
-
total
55 593
61 711
-
-
Income
188 000
188 000
188 000
188 000
Total tax
82 095
82 444
79 016
57 763
After tax
105 905
105 556
108 984
130 237
Living cost
16 817
16 817
16 817
16 817
Free-cash
89 088
88 739
92 167
113 420

Estimated living cost  is ₽16817 per week

₽11476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1376
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽336
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.
₽3629
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
Tallinn , Estonia
₽127737
₽85696
₽78104
₽121906
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
-
-
-
188 000
income
-
-
-
25 192
health
-
-
-
24 441
pensions
-
-
-
37 599
total
-
-
-
87 232
Employee
26 618
-
140 509
-
unemployment
426
-
2 249
-
pensions
532
-
2 810
-
income
2 997
-
27 090
-
total
3 955
-
32 149
-
Employer
26 618
-
140 509
-
health
3 460
-
18 265
-
pensions
5 324
-
28 102
-
unemployment
214
-
1 124
-
total
8 998
-
47 491
-
Corporate
152 384
188 000
-
-
income
30 477
37 599
-
-
total
30 477
37 599
-
-
Dividends
121 907
150 401
-
-
total
-
-
-
-
Income
188 000
188 000
188 000
188 000
Total tax
43 430
37 599
79 640
87 232
After tax
144 570
150 401
108 360
100 768
Living cost
22 664
22 664
22 664
22 664
Free-cash
121 906
127 737
85 696
78 104

Estimated living cost  is ₽22664 per week

₽15545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
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.
₽5313
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
Gdansk , Poland
-₽5720
₽81883
₽107496
₽12016
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
-
-
-
188 000
accident
-
-
-
240
income
-
-
-
52 924
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
59 556
Employee
32 952
-
170 486
-
pensions
3 710
-
7 264
-
income
4 521
-
40 870
-
health
3 773
-
19 521
-
total
12 004
-
67 655
-
Employer
32 952
-
170 486
-
pensions
5 358
-
10 490
-
accident
550
-
2 847
-
unemployment
807
-
4 177
-
total
6 715
-
17 514
-
Corporate
148 332
188 000
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

133 499
169 200
-
-
total
133 499
169 200
-
-
Dividends
14 833
18 800
-
-
withholding
2 818
3 572
-
-
total
2 818
3 572
-
-
Income
188 000
188 000
188 000
188 000
Total tax
155 036
172 772
85 169
59 556
After tax
32 964
15 228
102 831
128 444
Living cost
20 948
20 948
20 948
20 948
Free-cash
12 016
-5 720
81 883
107 496

Estimated living cost  is ₽20948 per week

₽15353
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
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.
₽3997
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

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Batumi , Georgia
₽171039
₽142839
₽178559
₽169622
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%.

-
-
-
188 000
microenterprise

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

-
-
-
1 880
total
-
-
-
1 880
Employee
9 450
-
188 000
-
income
1 890
-
37 600
-
total
1 890
-
37 600
-
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%.

178 550
188 000
-
-
total
-
-
-
-
Dividends
178 550
188 000
-
-
withholding
8 927
9 400
-
-
total
8 927
9 400
-
-
Income
188 000
188 000
188 000
188 000
Total tax
10 817
9 400
37 600
1 880
After tax
177 183
178 600
150 400
186 120
Living cost
7 561
7 561
7 561
7 561
Free-cash
169 622
171 039
142 839
178 559

Estimated living cost  is ₽7561 per week

₽4685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
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.
₽2039
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.

Bratislava , Slovakia
₽113121
₽82888
₽84493
₽106786
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
-
-
-
188 000
income
-
-
-
31 205
other
-
-
-
6 777
health
-
-
-
6 278
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

-
-
-
34 245
total
-
-
-
78 505
Employee
34 069
-
151 969
-
unemployment
340
-
1 426
-
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

2 384
-
9 987
-
income
5 865
-
30 669
-
health
477
-
1 998
-
total
9 066
-
44 080
-
Employer
34 069
-
151 969
-
health
477
-
1 998
-
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

5 792
-
24 257
-
accident
272
-
1 216
-
unemployment
340
-
1 426
-
other
1 704
-
7 133
-
total
8 585
-
36 030
-
Corporate
145 345
188 000
-
-
income
30 523
39 480
-
-
total
30 523
39 480
-
-
Dividends
114 822
148 520
-
-
withholding
8 038
10 397
-
-
total
8 038
10 397
-
-
Income
188 000
188 000
188 000
188 000
Total tax
56 212
49 877
80 110
78 505
After tax
131 788
138 123
107 890
109 495
Living cost
25 002
25 002
25 002
25 002
Free-cash
106 786
113 121
82 888
84 493

Estimated living cost  is ₽25002 per week

₽17665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1688
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
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.
₽5246
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
London , United Kingdom
₽57908
₽43372
₽60261
₽65300
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
-
-
-
188 000
income
-
-
-
56 162
pensions
-
-
-
8 891
total
-
-
-
65 053
Employee
88 691
-
164 016
-
pensions
8 556
-
10 767
-
income
15 987
-
44 901
-
health
1 461
-
2 290
-
total
26 004
-
57 958
-
Employer
88 691
-
164 016
-
health
1 684
-
3 117
-
pensions
10 472
-
20 867
-
total
12 156
-
23 984
-
Corporate
87 153
188 000
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

16 559
35 719
-
-
total
16 559
35 719
-
-
Dividends
70 594
152 281
-
-
withholding
5 295
31 687
-
-
total
5 295
31 687
-
-
Income
188 000
188 000
188 000
188 000
Total tax
60 014
67 406
81 942
65 053
After tax
127 986
120 594
106 058
122 947
Living cost
62 686
62 686
62 686
62 686
Free-cash
65 300
57 908
43 372
60 261

Estimated living cost  is ₽62686 per week

₽46972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
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.
₽7840
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

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Varna , Bulgaria
₽148441
₽146370
₽138752
₽144085
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
-
-
-
188 000
income
-
-
-
28 200
unemployment
-
-
-
131
health
-
-
-
3 768
pensions

Individual pension and social contributions account is optional for those who entered the labor force after 31 December, 2014.

-
-
-
4 850
total
-
-
-
36 949
Employee
16 286
-
181 571
-
accident

We are using the highest rate at 1.1%.

179
-
360
-
pensions

19.8% for people born before 1 January, 1960; and 14.8% for those born after 31 December, 1959.

1 430
-
2 877
-
income
1 628
-
18 158
-
health
749
-
1 507
-
total
3 986
-
22 902
-
Employer
16 286
-
181 571
-
health
1 124
-
2 261
-
pensions

19.8% for people born before 1 January, 1960; and 14.8% for those born after 31 December, 1959.

1 795
-
3 611
-
accident

We are using the highest rate at 1.1%.

179
-
360
-
unemployment
97
-
197
-
total
3 195
-
6 429
-
Corporate
168 518
188 000
-
-
income
16 851
18 800
-
-
total
16 851
18 800
-
-
Dividends
151 667
169 200
-
-
withholding
7 584
8 460
-
-
total
7 584
8 460
-
-
Income
188 000
188 000
188 000
188 000
Total tax
31 616
27 260
29 331
36 949
After tax
156 384
160 740
158 669
151 051
Living cost
12 299
12 299
12 299
12 299
Free-cash
144 085
148 441
146 370
138 752

Estimated living cost  is ₽12299 per week

₽7181
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽326
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.
₽3915
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
Amsterdam , Netherlands
₽41387
₽67894
₽50182
₽43748
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
-
-
-
188 000
income
-
-
-
63 225
health
-
-
-
11 570
pensions
-
-
-
10 993
total
-
-
-
85 788
Employee
86 993
80 127
170 562
-
pensions
10 993
10 993
10 993
-
income

It is possible to apply for a 30% ruling (tax reduction) for salaries over €37,000 per annum.

13 116
13 116
28 076
-
health
10 853
10 461
11 570
-
total
34 962
34 570
50 639
-
Employer
86 993
80 127
170 562
-
health
6 045
5 570
6 921
-
pensions
6 054
5 577
6 932
-
unemployment
3 132
2 885
3 584
-
total
15 231
14 032
17 437
-
Corporate
85 776
93 841
-
-
income
17 154
18 768
-
-
total
17 154
18 768
-
-
Dividends
68 622
75 074
-
-
income
14 581
15 952
-
-
withholding
10 294
11 261
-
-
total
24 875
27 213
-
-
Income
188 000
188 000
188 000
188 000
Total tax
92 222
94 583
68 076
85 788
After tax
95 778
93 417
119 924
102 212
Living cost
52 030
52 030
52 030
52 030
Free-cash
43 748
41 387
67 894
50 182

Estimated living cost  is ₽52030 per week

₽38381
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
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.
₽8406
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
Brno , Czech Republic
₽106427
₽78000
₽85944
₽98217
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
-
-
-
188 000
income
-
-
-
19 426
social contributions
-
-
-
33 111
solidarity contribution
-
-
-
1 128
health
-
-
-
25 380
total
-
-
-
79 045
Employee
33 839
-
146 469
-
solidarity contribution
-
-
415
-
social contributions
2 200
-
7 371
-
income
4 061
-
17 899
-
health
4 568
-
19 773
-
total
10 829
-
45 458
-
Employer
33 839
-
146 469
-
health
3 045
-
13 182
-
social contributions
8 460
-
28 349
-
total
11 505
-
41 531
-
Corporate
142 656
188 000
-
-
income
27 105
35 720
-
-
total
27 105
35 720
-
-
Dividends
115 551
152 280
-
-
withholding
17 333
22 842
-
-
total
17 333
22 842
-
-
Income
188 000
188 000
188 000
188 000
Total tax
66 772
58 562
86 989
79 045
After tax
121 228
129 438
101 011
108 955
Living cost
23 011
23 011
23 011
23 011
Free-cash
98 217
106 427
78 000
85 944

Estimated living cost  is ₽23011 per week

₽15983
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
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.
₽4938
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
Milan , Italy
₽60711
₽41468
₽49565
₽55813
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
-
-
-
188 000
social contributions
-
-
-
46 962
regional
-
-
-
2 267
municipal
-
-
-
1 129
national
-
-
-
48 484
total
-
-
-
98 842
Employee
83 391
-
188 000
-
municipal
442
-
1 011
-
national
14 450
-
42 346
-
regional
787
-
2 014
-
social contributions
28 119
-
61 568
-
total
43 798
-
106 939
-
Employer
83 391
-
188 000
-
total
-
-
-
-
Corporate
104 609
188 000
-
-
municipal
4 079
7 333
-
-
nationa
25 107
45 121
-
-
total
29 186
52 454
-
-
Dividends
75 423
135 547
-
-
withholding
19 610
35 242
-
-
total
19 610
35 242
-
-
Income
188 000
188 000
188 000
188 000
Total tax
92 594
87 696
106 939
98 842
After tax
95 406
100 304
81 061
89 158
Living cost
39 593
39 593
39 593
39 593
Free-cash
55 813
60 711
41 468
49 565

Estimated living cost  is ₽39593 per week

₽27599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2596
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
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.
₽8789
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
Thessaloniki , Greece
₽97546
₽62223
₽67960
₽94627
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
-
-
-
188 000
income
-
-
-
56 055
other
-
-
-
-
surtax
-
-
-
9 129
unemployment
-
-
-
214
health
-
-
-
8 891
pensions
-
-
-
25 046
total
-
-
-
99 335
Employee
31 029
-
161 640
-
other
-
-
-
-
unemployment
2 160
-
8 716
-
pensions
2 069
-
8 353
-
surtax
101
-
8 007
-
income
5 201
-
50 443
-
health
792
-
3 193
-
total
10 323
-
78 712
-
Employer
31 029
-
161 640
-
health
1 412
-
5 698
-
pensions
4 136
-
16 693
-
unemployment
983
-
3 969
-
other
-
-
-
-
total
6 531
-
26 360
-
Corporate
150 440
188 000
-
-
income
39 115
48 880
-
-
total
39 115
48 880
-
-
Dividends
111 325
139 120
-
-
withholding
16 699
20 869
-
-
total
16 699
20 869
-
-
Income
188 000
188 000
188 000
188 000
Total tax
72 668
69 749
105 072
99 335
After tax
115 332
118 251
82 928
88 665
Living cost
20 705
20 705
20 705
20 705
Free-cash
94 627
97 546
62 223
67 960

Estimated living cost  is ₽20705 per week

₽12660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1911
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
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.
₽5657
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
Cambridge , United Kingdom
₽77769
₽63233
₽80122
₽83962
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
-
-
-
188 000
income
-
-
-
56 162
pensions
-
-
-
8 891
total
-
-
-
65 053
Employee
59 438
-
164 016
-
pensions
5 045
-
10 767
-
income
10 705
-
44 901
-
health
863
-
2 290
-
total
16 613
-
57 958
-
Employer
59 438
-
164 016
-
health
1 129
-
3 117
-
pensions
6 434
-
20 867
-
total
7 563
-
23 984
-
Corporate
120 998
188 000
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

22 989
35 719
-
-
total
22 989
35 719
-
-
Dividends
98 009
152 281
-
-
withholding
14 048
31 687
-
-
total
14 048
31 687
-
-
Income
188 000
188 000
188 000
188 000
Total tax
61 213
67 406
81 942
65 053
After tax
126 787
120 594
106 058
122 947
Living cost
42 825
42 825
42 825
42 825
Free-cash
83 962
77 769
63 233
80 122

Estimated living cost  is ₽42825 per week

₽32084
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3210
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
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.
₽7082
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

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Zurich , Switzerland
₽11881
₽68655
₽76714
₽43581
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
-
-
-
188 000
other

This will depend on a canton and a chosen fund. The rate is between 0.3% and 3.4% with a maximum base of 148,200 CHF. We use 2% as an average rate.

-
-
-
3 760
regional
-
-
-
9 841
health
-
-
-
422
city
-
-
-
1 981
national
-
-
-
3 900
pensions
-
-
-
17 296
total
-
-
-
37 200
Employee
86 700
-
168 508
-
unemployment
-
-
-
-
pensions
7 284
-
13 890
-
national
410
-
2 968
-
regional
2 839
-
8 570
-
city
930
-
1 813
-
health
196
-
379
-
total
11 659
-
27 620
-
Employer
86 700
-
168 508
-
health
196
-
379
-
pensions
7 284
-
13 890
-
unemployment
-
-
-
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

1 733
-
3 370
-
total
9 213
-
17 639
-
Corporate
91 134
188 000
-
-
regional
19 275
39 763
-
-
national
7 746
15 980
-
-
total
27 021
55 743
-
-
Dividends
64 112
132 257
-
-
withholding
22 440
46 290
-
-
total
22 440
46 290
-
-
Income
188 000
188 000
188 000
188 000
Total tax
70 333
102 033
45 259
37 200
After tax
117 667
85 967
142 741
150 800
Living cost
74 086
74 086
74 086
74 086
Free-cash
43 581
11 881
68 655
76 714

Estimated living cost  is ₽74086 per week

₽48177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6648
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽910
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.
₽18351
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

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Munich , Germany
₽49865
₽74639
₽49878
₽65079
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

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

-
-
-
188 000
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

-
-
-
60 632
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

-
-
-
3 335
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 410
trade
-
-
-
24 761
total
-
-
-
95 138
Employee

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

56 390
-
188 000
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

365
-
3 335
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

6 631
-
60 632
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 410
-
6 410
-
total
13 406
-
70 377
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
131 610
188 000
-
-
income
19 742
28 200
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

1 086
1 551
-
-
chamber of commerce
328
408
-
-
trade
22 571
32 241
-
-
total
43 727
62 400
-
-
Dividends
87 883
125 600
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

1 189
1 708
-
-
withholding
21 615
31 043
-
-
total
22 804
32 751
-
-
Income
188 000
188 000
188 000
188 000
Total tax
79 937
95 151
70 377
95 138
After tax
108 063
92 849
117 623
92 862
Living cost
42 984
42 984
42 984
42 984
Free-cash
65 079
49 865
74 639
49 878

Estimated living cost  is ₽42984 per week

₽31394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3438
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
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.
₽7594
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

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Nice , France
₽62651
₽68638
₽72773
₽68190
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
-
-
-
188 000
income
-
-
-
31 922
other
-
-
-
5 828
surtax
-
-
-
-
social contributions
-
-
-
5 358
health
-
-
-
8 657
pensions
-
-
-
31 359
total
-
-
-
83 124
Employee
40 158
-
144 409
-
pensions
4 541
-
10 493
-
surtax
-
-
-
-
social contributions
1 145
-
4 113
-
income
2 370
-
29 061
-
total
8 056
-
43 667
-
Employer
40 158
-
144 409
-
health
2 812
-
13 897
-
pensions
6 597
-
17 586
-
unemployment
1 626
-
5 849
-
social contributions
121
-
433
-
other
1 385
-
5 827
-
total
12 541
-
43 592
-
Corporate
135 301
188 000
-
-
income
37 884
52 640
-
-
surtax
-
-
-
-
total
37 884
52 640
-
-
Dividends
97 417
135 360
-
-
surtax
-
-
-
-
social contributions
16 756
23 281
-
-
withholding
12 470
17 325
-
-
total
29 226
40 606
-
-
Income
188 000
188 000
188 000
188 000
Total tax
87 707
93 246
87 259
83 124
After tax
100 293
94 754
100 741
104 876
Living cost
32 103
32 103
32 103
32 103
Free-cash
68 190
62 651
68 638
72 773

Estimated living cost  is ₽32103 per week

₽20242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2610
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
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.
₽8705
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
Marseille , France
₽65832
₽71819
₽75954
₽71042
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
-
-
-
188 000
income
-
-
-
31 922
other
-
-
-
5 828
surtax
-
-
-
-
social contributions
-
-
-
5 358
health
-
-
-
8 657
pensions
-
-
-
31 359
total
-
-
-
83 124
Employee
35 847
-
144 409
-
pensions
4 054
-
10 493
-
surtax
-
-
-
-
social contributions
1 022
-
4 113
-
income
1 848
-
29 061
-
total
6 924
-
43 667
-
Employer
35 847
-
144 409
-
health
2 509
-
13 897
-
pensions
5 890
-
17 586
-
unemployment
1 451
-
5 849
-
social contributions
107
-
433
-
other
1 238
-
5 827
-
total
11 195
-
43 592
-
Corporate
140 959
188 000
-
-
income
39 469
52 640
-
-
surtax
-
-
-
-
total
39 469
52 640
-
-
Dividends
101 490
135 360
-
-
surtax
-
-
-
-
social contributions
17 457
23 281
-
-
withholding
12 991
17 325
-
-
total
30 448
40 606
-
-
Income
188 000
188 000
188 000
188 000
Total tax
88 036
93 246
87 259
83 124
After tax
99 964
94 754
100 741
104 876
Living cost
28 922
28 922
28 922
28 922
Free-cash
71 042
65 832
71 819
75 954

Estimated living cost  is ₽28922 per week

₽16773
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2938
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
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.
₽8663
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
Vilnius , Lithuania
₽94802
₽96294
₽100838
₽95290
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
-
-
-
188 000
income
-
-
-
28 200
social contributions
-
-
-
25 943
health
-
-
-
13 123
total
-
-
-
67 266
Employee
31 814
-
188 000
-
social contributions
4 391
-
25 943
-
income
5 306
-
32 744
-
health
2 220
-
13 123
-
total
11 917
-
71 810
-
Employer
31 814
-
188 000
-
total
-
-
-
-
Corporate
156 186
188 000
-
-
income

The standard tax rate is 15%. However, small companies and agricultural companies can apply a reduced corporate income tax rate of 0% to the first year of operation when certain conditions are met; and 5% to revenues of less than €300,000 per year. We made calculations based on 5% and skipped 0%.

7 810
9 400
-
-
total
7 810
9 400
-
-
Dividends
148 376
178 600
-
-
social contributions
20 475
24 647
-
-
withholding
22 256
26 789
-
-
health
10 356
12 466
-
-
total
53 087
63 902
-
-
Income
188 000
188 000
188 000
188 000
Total tax
72 814
73 302
71 810
67 266
After tax
115 186
114 698
116 190
120 734
Living cost
19 896
19 896
19 896
19 896
Free-cash
95 290
94 802
96 294
100 838

Estimated living cost  is ₽19896 per week

₽13315
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1227
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
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.
₽4895
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
Vienna , Austria
₽70741
₽16469
₽63492
₽69290
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
-
-
-
188 000
income
-
-
-
56 091
surtax
-
-
-
185
unemployment
-
-
-
5 755
chamber of commerce
-
-
-
751
health
-
-
-
8 385
pensions
-
-
-
20 279
total
-
-
-
91 446
Employee
46 892
37 393
153 095
-
other
468
374
1 097
-
unemployment
1 407
1 122
3 289
-
pensions
4 802
3 828
11 225
-
income
5 338
2 758
46 328
-
health
1 814
1 448
4 241
-
total
13 829
9 530
66 180
-
Employer
46 892
37 393
153 095
-
chamber of commerce
187
150
613
-
health
1 772
1 414
4 143
-
pensions
5 885
4 694
13 757
-
accident
609
486
1 424
-
unemployment
1 407
1 122
3 289
-
surtax
185
185
185
-
payroll
1 407
1 122
4 592
-
other
2 228
1 775
6 902
-
total
13 680
10 948
34 905
-
Corporate
127 429
139 660
149 533
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

31 857
34 914
37 384
-
total
31 857
34 914
37 384
-
Dividends
95 572
104 746
-
-
withholding
26 282
28 805
-
-
total
26 282
28 805
-
-
Income
188 000
188 000
188 000
188 000
Total tax
85 648
84 197
138 469
91 446
After tax
102 352
103 803
49 531
96 554
Living cost
33 062
33 062
33 062
33 062
Free-cash
69 290
70 741
16 469
63 492

Estimated living cost  is ₽33062 per week

₽22051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2820
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
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.
₽7648
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

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Brussels , Belgium
₽70246
₽30712
₽47440
₽56811
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
-
-
-
188 000
communal

Communal tax will depend on the area of registration and each commune in the city has its own rate.

-
-
-
9 877
social contributions
-
-
-
23 393
national
-
-
-
73 078
total
-
-
-
106 348
Employee

The minimum management director salary is set at €45,000 per year.

67 117
-
145 611
-
unemployment

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

584
-
1 266
-
communal

Communal tax will depend on the area of registration and each commune in the city has its own rate.

3 501
-
7 594
-
pensions

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

5 034
-
10 920
-
national
20 635
-
54 065
-
health

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

3 153
-
6 843
-
total
32 907
-
80 688
-
Employer

The minimum management director salary is set at €45,000 per year.

67 117
-
145 611
-
health

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

4 127
-
8 955
-
pensions

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

5 947
-
12 901
-
accident

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

872
-
1 893
-
unemployment

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

979
-
2 126
-
surtax
7 610
-
16 513
-
total
19 535
-
42 388
-
Corporate
101 346
188 000
-
-
income
20 269
38 495
-
-
surtax
406
769
-
-
total
20 675
39 264
-
-
Dividends
80 671
148 736
-
-
withholding

As an investor, you can take advantage of €640 tax free allowance per year.

23 860
44 278
-
-
total
23 860
44 278
-
-
Income
188 000
188 000
188 000
188 000
Total tax
96 977
83 542
123 076
106 348
After tax
91 023
104 458
64 924
81 652
Living cost
34 212
34 212
34 212
34 212
Free-cash
56 811
70 246
30 712
47 440

Estimated living cost  is ₽34212 per week

₽22037
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
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.
₽8648
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
Barcelona , Spain
₽91155
₽67428
₽71365
₽84727
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
-
-
-
188 000
accident
-
-
-
783
income
-
-
-
56 658
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 612
total
-
-
-
82 749
Employee
46 707
-
160 274
-
other
46
-
87
-
unemployment
725
-
1 348
-
pensions
2 195
-
4 088
-
income
9 855
-
53 437
-
total
12 821
-
58 960
-
Employer
46 707
-
160 274
-
pensions
11 022
-
20 525
-
accident
924
-
1 722
-
unemployment
2 569
-
4 783
-
other
372
-
696
-
total
14 887
-
27 726
-
Corporate
126 406
188 000
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

18 962
28 200
-
-
total
18 962
28 200
-
-
Dividends
107 444
159 800
-
-
withholding
22 717
34 759
-
-
total
22 717
34 759
-
-
Income
188 000
188 000
188 000
188 000
Total tax
69 387
62 959
86 686
82 749
After tax
118 613
125 041
101 314
105 251
Living cost
33 886
33 886
33 886
33 886
Free-cash
84 727
91 155
67 428
71 365

Estimated living cost  is ₽33886 per week

₽24953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2404
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
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.
₽6040
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
Luxembourg , Luxembourg
₽57249
₽46906
₽39414
₽44594
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
-
-
-
188 000
communal
-
-
-
11 882
accident
-
-
-
1 585
income
-
-
-
33 420
surtax
-
-
-
9 320
health
-
-
-
13 210
pensions
-
-
-
28 178
total
-
-
-
97 595
Employee
71 057
-
167 931
-
pensions
5 684
-
13 435
-
surtax
4 355
-
10 292
-
income
6 863
-
38 833
-
health
3 162
-
7 473
-
total
20 064
-
70 033
-
Employer
71 057
-
167 931
-
health
2 167
-
5 123
-
pensions
5 684
-
13 435
-
accident
639
-
1 512
-
total
8 490
-
20 070
-
Corporate
108 453
188 000
-
-
communal
7 320
12 690
-
-
income
16 268
28 200
-
-
surtax
1 140
1 975
-
-
total
24 728
42 865
-
-
Dividends
83 726
145 135
-
-
income
26 574
15 125
-
-
withholding
12 559
21 770
-
-
total
39 133
36 895
-
-
Income
188 000
188 000
188 000
188 000
Total tax
92 415
79 760
90 103
97 595
After tax
95 585
108 240
97 897
90 405
Living cost
50 991
50 991
50 991
50 991
Free-cash
44 594
57 249
46 906
39 414

Estimated living cost  is ₽50991 per week

₽38251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3089
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
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.
₽9110
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
Athens , Greece
₽97176
₽61853
₽67590
₽94193
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
-
-
-
188 000
income
-
-
-
56 055
other
-
-
-
-
surtax
-
-
-
9 129
unemployment
-
-
-
214
health
-
-
-
8 891
pensions
-
-
-
25 046
total
-
-
-
99 335
Employee
31 599
-
161 640
-
other
-
-
-
-
unemployment
2 199
-
8 716
-
pensions
2 108
-
8 353
-
surtax
112
-
8 007
-
income
5 297
-
50 443
-
health
807
-
3 193
-
total
10 523
-
78 712
-
Employer
31 599
-
161 640
-
health
1 437
-
5 698
-
pensions
4 213
-
16 693
-
unemployment
1 002
-
3 969
-
other
-
-
-
-
total
6 652
-
26 360
-
Corporate
149 749
188 000
-
-
income
38 935
48 880
-
-
total
38 935
48 880
-
-
Dividends
110 814
139 120
-
-
withholding
16 622
20 869
-
-
total
16 622
20 869
-
-
Income
188 000
188 000
188 000
188 000
Total tax
72 732
69 749
105 072
99 335
After tax
115 268
118 251
82 928
88 665
Living cost
21 075
21 075
21 075
21 075
Free-cash
94 193
97 176
61 853
67 590

Estimated living cost  is ₽21075 per week

₽12724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1832
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
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.
₽6031
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
Naples , Italy
₽73540
₽55232
₽63287
₽71458
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
-
-
-
188 000
social contributions
-
-
-
46 962
regional
-
-
-
2 862
municipal
-
-
-
1 129
national
-
-
-
48 484
total
-
-
-
99 437
Employee
52 049
-
188 000
-
municipal
276
-
1 011
-
national
8 246
-
42 346
-
regional
701
-
2 567
-
social contributions
17 551
-
61 568
-
total
26 774
-
107 492
-
Employer
52 049
-
188 000
-
total
-
-
-
-
Corporate
135 951
188 000
-
-
municipal
6 757
9 343
-
-
nationa
32 628
45 121
-
-
total
39 385
54 464
-
-
Dividends
96 566
133 536
-
-
withholding
25 107
34 720
-
-
total
25 107
34 720
-
-
Income
188 000
188 000
188 000
188 000
Total tax
91 266
89 184
107 492
99 437
After tax
96 734
98 816
80 508
88 563
Living cost
25 276
25 276
25 276
25 276
Free-cash
71 458
73 540
55 232
63 287

Estimated living cost  is ₽25276 per week

₽15719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
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.
₽6563
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
Prague , Czech Republic
₽101083
₽72656
₽80600
₽90967
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
-
-
-
188 000
income
-
-
-
19 426
social contributions
-
-
-
33 111
solidarity contribution
-
-
-
1 128
health
-
-
-
25 380
total
-
-
-
79 045
Employee
41 699
-
146 469
-
solidarity contribution
-
-
415
-
social contributions
2 710
-
7 371
-
income
5 004
-
17 899
-
health
5 629
-
19 773
-
total
13 343
-
45 458
-
Employer
41 699
-
146 469
-
health
3 753
-
13 182
-
social contributions
10 425
-
28 349
-
total
14 178
-
41 531
-
Corporate
132 124
188 000
-
-
income
25 104
35 720
-
-
total
25 104
35 720
-
-
Dividends
107 020
152 280
-
-
withholding
16 053
22 842
-
-
total
16 053
22 842
-
-
Income
188 000
188 000
188 000
188 000
Total tax
68 678
58 562
86 989
79 045
After tax
119 322
129 438
101 011
108 955
Living cost
28 355
28 355
28 355
28 355
Free-cash
90 967
101 083
72 656
80 600

Estimated living cost  is ₽28355 per week

₽21087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
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.
₽5207
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
Graz , Austria
₽73968
₽19641
₽66804
₽73504
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
-
-
-
188 000
income
-
-
-
56 091
surtax
-
-
-
-
unemployment
-
-
-
5 755
chamber of commerce
-
-
-
751
health
-
-
-
8 385
pensions
-
-
-
20 279
total
-
-
-
91 261
Employee
41 016
37 393
153 267
-
other
410
374
1 097
-
unemployment
1 230
1 122
3 289
-
pensions
4 200
3 828
11 225
-
income
3 654
2 758
46 412
-
health
1 587
1 448
4 241
-
total
11 081
9 530
66 264
-
Employer
41 016
37 393
153 267
-
chamber of commerce
164
150
613
-
health
1 551
1 414
4 143
-
pensions
5 148
4 694
13 757
-
accident
532
486
1 424
-
unemployment
1 230
1 122
3 289
-
surtax
-
-
-
-
payroll
1 230
1 122
4 598
-
other
1 948
1 775
6 909
-
total
11 803
10 763
34 733
-
Corporate
135 180
139 845
149 706
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

33 796
34 960
37 427
-
total
33 796
34 960
37 427
-
Dividends
101 384
104 885
-
-
withholding
27 881
28 844
-
-
total
27 881
28 844
-
-
Income
188 000
188 000
188 000
188 000
Total tax
84 561
84 097
138 424
91 261
After tax
103 439
103 903
49 576
96 739
Living cost
29 935
29 935
29 935
29 935
Free-cash
73 504
73 968
19 641
66 804

Estimated living cost  is ₽29935 per week

₽17957
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3057
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
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.
₽8387
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

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Tbilisi , Georgia
₽166818
₽138618
₽174338
₽164608
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%.

-
-
-
188 000
microenterprise

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

-
-
-
1 880
total
-
-
-
1 880
Employee
14 727
-
188 000
-
income
2 946
-
37 600
-
total
2 946
-
37 600
-
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%.

173 273
188 000
-
-
total
-
-
-
-
Dividends
173 273
188 000
-
-
withholding
8 664
9 400
-
-
total
8 664
9 400
-
-
Income
188 000
188 000
188 000
188 000
Total tax
11 610
9 400
37 600
1 880
After tax
176 390
178 600
150 400
186 120
Living cost
11 782
11 782
11 782
11 782
Free-cash
164 608
166 818
138 618
174 338

Estimated living cost  is ₽11782 per week

₽7973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽495
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
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.
₽2919
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.

Ljubljana , Slovenia
₽104270
₽60471
₽64551
₽96421
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

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
188 000
income
-
-
-
45 168
unemployment
-
-
-
281
health
-
-
-
18 499
pensions
-
-
-
34 334
total
-
-
-
98 282
Employee

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

41 492
-
162 673
-
unemployment
59
-
228
-
pensions
6 432
-
25 213
-
income
7 155
-
41 087
-
health
2 680
-
10 507
-
total
16 326
-
77 035
-
Employer

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

41 492
-
162 673
-
health
2 764
-
10 833
-
pensions
3 672
-
14 396
-
unemployment
25
-
98
-
total
6 461
-
25 327
-
Corporate
140 048
188 000
-
-
income
26 609
35 721
-
-
total
26 609
35 721
-
-
Dividends
113 438
152 279
-
-
withholding
17 016
22 842
-
-
total
17 016
22 842
-
-
Income
188 000
188 000
188 000
188 000
Total tax
66 412
58 563
102 362
98 282
After tax
121 588
129 437
85 638
89 718
Living cost
25 167
25 167
25 167
25 167
Free-cash
96 421
104 270
60 471
64 551

Estimated living cost  is ₽25167 per week

₽17272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1613
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
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.
₽5796
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
Oslo , Norway
₽74299
₽135700
₽89843
₽30117
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
-
-
-
188 000
income
-
-
-
36 645
social contributions
-
-
-
21 432
total
-
-
-
58 077
Employee
57 469
-
-
-
social contributions
4 712
-
672
-
income
12 676
-
-
-
total
17 388
-
672
-
Employer
57 469
-
-
-
social contributions
81 031
-
11 548
-
total
81 031
-
11 548
-
Corporate
49 500
188 000
-
-
income
10 890
41 360
-
-
total
10 890
41 360
-
-
Dividends
38 610
146 640
-
-
income
8 494
32 261
-
-
total
8 494
32 261
-
-
Income
188 000
188 000
188 000
188 000
Total tax
117 803
73 621
12 220
58 077
After tax
70 197
114 379
175 780
129 923
Living cost
40 080
40 080
40 080
40 080
Free-cash
30 117
74 299
135 700
89 843

Estimated living cost  is ₽40080 per week

₽26005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
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.
₽9794
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
Lisbon , Portugal
₽77502
₽55540
₽69793
₽76559
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

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
188 000
income
-
-
-
23 444
surtax
-
-
-
-
social contributions

Social contributions in Portugal are calculated from the total income before any reductions apply.

-
-
-
65 331
total
-
-
-
88 775
Employee
43 155
-
151 920
-
surtax
-
-
-
-
social contributions
4 747
-
16 711
-
income
8 976
-
50 237
-
total
13 723
-
66 948
-
Employer
43 155
-
151 920
-
social contributions
10 249
-
36 080
-
total
10 249
-
36 080
-
Corporate
134 596
188 000
-
-
income
28 265
39 480
-
-
surtax
-
-
-
-
total
28 265
39 480
-
-
Dividends
106 331
148 520
-
-
withholding
29 772
41 586
-
-
total
29 772
41 586
-
-
Income
188 000
188 000
188 000
188 000
Total tax
82 009
81 066
103 028
88 775
After tax
105 991
106 934
84 972
99 225
Living cost
29 432
29 432
29 432
29 432
Free-cash
76 559
77 502
55 540
69 793

Estimated living cost  is ₽29432 per week

₽22021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1736
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
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.
₽5183
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
Paris , France
₽49435
₽55422
₽59557
₽55882
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
-
-
-
188 000
income
-
-
-
31 922
other
-
-
-
5 828
surtax
-
-
-
-
social contributions
-
-
-
5 358
health
-
-
-
8 657
pensions
-
-
-
31 359
total
-
-
-
83 124
Employee
58 768
-
144 409
-
pensions
6 647
-
10 493
-
surtax
-
-
-
-
social contributions
1 674
-
4 113
-
income
5 128
-
29 061
-
total
13 449
-
43 667
-
Employer
58 768
-
144 409
-
health
4 113
-
13 897
-
pensions
9 656
-
17 586
-
unemployment
2 381
-
5 849
-
social contributions
176
-
433
-
other
2 028
-
5 827
-
total
18 354
-
43 592
-
Corporate
110 878
188 000
-
-
income
31 045
52 640
-
-
surtax
-
-
-
-
total
31 045
52 640
-
-
Dividends
79 833
135 360
-
-
surtax
-
-
-
-
social contributions
13 732
23 281
-
-
withholding
10 219
17 325
-
-
total
23 951
40 606
-
-
Income
188 000
188 000
188 000
188 000
Total tax
86 799
93 246
87 259
83 124
After tax
101 201
94 754
100 741
104 876
Living cost
45 319
45 319
45 319
45 319
Free-cash
55 882
49 435
55 422
59 557

Estimated living cost  is ₽45319 per week

₽30671
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3707
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
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.
₽10319
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
Andorra , Andorra
₽140995
₽114466
₽109470
₽137844
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
-
-
-
188 000
income
-
-
-
8 965
social contributions
-
-
-
41 360
total
-
-
-
50 325
Employee
30 166
-
162 771
-
income
-
-
9 521
-
social contributions
1 960
-
10 579
-
total
1 960
-
20 100
-
Employer
30 166
-
162 771
-
social contributions
4 676
-
25 229
-
total
4 676
-
25 229
-
Corporate
153 159
188 000
-
-
income
15 315
18 800
-
-
total
15 315
18 800
-
-
Dividends
137 844
169 200
-
-
total
-
-
-
-
Income
188 000
188 000
188 000
188 000
Total tax
21 951
18 800
45 329
50 325
After tax
166 049
169 200
142 671
137 675
Living cost
28 205
28 205
28 205
28 205
Free-cash
137 844
140 995
114 466
109 470

Estimated living cost  is ₽28205 per week

₽18237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2126
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
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.
₽7311
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

Andorra has a limit of 1000 sole-trade resident permits per year, so while it isn't complicated to obtain one, it may get difficult by the end of the term.

Copenhagen , Denmark
-₽16426
-₽16426
₽64379
-₽16426
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
-
-
-
188 000
labour market
-
-
-
14 975
municipal
-
-
-
39 836
national
-
-
-
22 810
pensions
-
-
-
813
total
-
-
-
78 434
Employee
190 722
190 722
190 722
-
municipal
40 613
40 613
40 613
-
labour market
15 236
15 236
15 236
-
pensions
271
271
271
-
national
23 300
23 300
23 300
-
total
79 420
79 420
79 420
-
Employer
190 722
190 722
190 722
-
national
23 341
23 341
23 341
-
labour market
15 258
15 258
15 258
-
pensions
542
542
542
-
municipal
40 678
40 678
40 678
-
total
79 819
79 819
79 819
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
188 000
188 000
188 000
188 000
Total tax
159 239
159 239
159 239
78 434
After tax
28 761
28 761
28 761
109 566
Living cost
45 187
45 187
45 187
45 187
Free-cash
-16 426
-16 426
-16 426
64 379

Estimated living cost  is ₽45187 per week

₽30926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3997
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽695
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.
₽9568
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
Krakow , Poland
-₽5411
₽82192
₽107805
₽12062
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
-
-
-
188 000
accident
-
-
-
240
income
-
-
-
52 924
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
59 556
Employee
32 466
-
170 486
-
pensions
3 656
-
7 264
-
income
4 454
-
40 870
-
health
3 718
-
19 521
-
total
11 828
-
67 655
-
Employer
32 466
-
170 486
-
pensions
5 279
-
10 490
-
accident
542
-
2 847
-
unemployment
796
-
4 177
-
total
6 617
-
17 514
-
Corporate
148 917
188 000
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

134 025
169 200
-
-
total
134 025
169 200
-
-
Dividends
14 892
18 800
-
-
withholding
2 829
3 572
-
-
total
2 829
3 572
-
-
Income
188 000
188 000
188 000
188 000
Total tax
155 299
172 772
85 169
59 556
After tax
32 701
15 228
102 831
128 444
Living cost
20 639
20 639
20 639
20 639
Free-cash
12 062
-5 411
82 192
107 805

Estimated living cost  is ₽20639 per week

₽15023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1177
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
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.
₽4052
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

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Helsinki , Finland
₽80370
₽60401
₽81931
₽83266
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

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
188 000
health
-
-
-
2 504
municipal
-
-
-
33 390
national
-
-
-
34 151
total
-
-
-
70 045
Employee
49 366
-
158 155
-
municipal
8 086
-
25 751
-
unemployment
741
-
2 372
-
pensions
3 332
-
10 675
-
national
816
-
20 891
-
health
369
-
2 044
-
total
13 344
-
61 733
-
Employer
49 366
-
158 155
-
health
379
-
1 218
-
pensions
8 565
-
27 439
-
accident
50
-
158
-
unemployment
321
-
1 027
-
total
9 315
-
29 842
-
Corporate
129 319
188 000
-
-
income
25 863
37 599
-
-
total
25 863
37 599
-
-
Dividends

Finish residents use 75% of income from dividends as a base for income tax.

77 592
112 800
-
-
municipal
13 967
20 304
-
-
national
6 221
13 703
-
-
total
20 188
34 007
-
-
Income
188 000
188 000
188 000
188 000
Total tax
68 710
71 606
91 575
70 045
After tax
119 290
116 394
96 425
117 955
Living cost
36 024
36 024
36 024
36 024
Free-cash
83 266
80 370
60 401
81 931

Estimated living cost  is ₽36024 per week

₽23531
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3465
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
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.
₽8456
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

Finland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should set up a company and hire themselves as an employee.

Larnaca , Cyprus
₽115350
₽104044
₽105638
₽110244
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
-
-
-
188 000
income
-
-
-
40 664
social contributions
-
-
-
15 181
health
-
-
-
4 793
total
-
-
-
60 638
Employee
72 151
72 151
176 656
-
social contributions
2 728
5 988
8 077
-
income
7 856
6 679
39 807
-
health
559
1 227
3 004
-
total
11 143
13 894
50 888
-
Employer
72 151
72 151
176 656
-
health
607
1 335
3 267
-
social contributions
2 728
5 988
8 077
-
total
3 335
7 323
11 344
-
Corporate
151 798
108 525
-
-
income
18 974
13 566
-
-
total
18 974
13 566
-
-
Dividends
132 823
94 959
-
-
withholding
22 580
16 143
-
-
total
22 580
16 143
-
-
Income
188 000
188 000
188 000
188 000
Total tax
56 032
50 926
62 232
60 638
After tax
131 968
137 074
125 768
127 362
Living cost
21 724
21 724
21 724
21 724
Free-cash
110 244
115 350
104 044
105 638

Estimated living cost  is ₽21724 per week

₽13020
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2131
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
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.
₽6093
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
Podgorica , Montenegro
₽140787
₽125576
₽144395
₽136010
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

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
188 000
income
-
-
-
19 316
unemployment
-
-
-
27
health
-
-
-
3 396
pensions
-
-
-
5 969
total
-
-
-
28 708
Employee

We use the last available minimum wage (€288,05 per month) as a minimum base for social contributions.

21 537
-
178 830
-
unemployment
107
-
445
-
pensions
3 230
-
13 355
-
income
1 473
-
16 989
-
health
1 830
-
7 568
-
total
6 640
-
38 357
-
Employer

We use the last available minimum wage (€288,05 per month) as a minimum base for social contributions.

21 537
-
178 830
-
health
926
-
3 828
-
pensions
1 184
-
4 897
-
unemployment
107
-
445
-
total
2 217
-
9 170
-
Corporate
164 246
188 000
-
-
income
14 783
16 919
-
-
total
14 783
16 919
-
-
Dividends
149 463
171 081
-
-
withholding
13 453
15 397
-
-
total
13 453
15 397
-
-
Income
188 000
188 000
188 000
188 000
Total tax
37 093
32 316
47 527
28 708
After tax
150 907
155 684
140 473
159 292
Living cost
14 897
14 897
14 897
14 897
Free-cash
136 010
140 787
125 576
144 395

Estimated living cost  is ₽14897 per week

₽9505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
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.
₽3875
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
Valencia , Spain
₽99239
₽75512
₽79449
₽95095
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
-
-
-
188 000
accident
-
-
-
783
income
-
-
-
56 658
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 612
total
-
-
-
82 749
Employee
34 695
-
160 274
-
other
34
-
87
-
unemployment
538
-
1 348
-
pensions
1 631
-
4 088
-
income
6 689
-
53 437
-
total
8 892
-
58 960
-
Employer
34 695
-
160 274
-
pensions
8 187
-
20 525
-
accident
687
-
1 722
-
unemployment
1 909
-
4 783
-
other
278
-
696
-
total
11 061
-
27 726
-
Corporate
142 244
188 000
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

21 337
28 200
-
-
total
21 337
28 200
-
-
Dividends
120 907
159 800
-
-
withholding
25 813
34 759
-
-
total
25 813
34 759
-
-
Income
188 000
188 000
188 000
188 000
Total tax
67 103
62 959
86 686
82 749
After tax
120 897
125 041
101 314
105 251
Living cost
25 802
25 802
25 802
25 802
Free-cash
95 095
99 239
75 512
79 449

Estimated living cost  is ₽25802 per week

₽17416
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2480
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
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.
₽5454
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
Istanbul , Turkey
₽115412
₽119049
₽119184
₽115100
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
-
-
-
188 000
income
-
-
-
64 525
health
-
-
-
1 005
pensions
-
-
-
1 386
total
-
-
-
66 916
Employee
2 894
-
186 441
-
unemployment
29
-
69
-
pensions
260
-
624
-
income
560
-
64 452
-
health
145
-
347
-
total
994
-
65 492
-
Employer
2 894
-
186 441
-
health
275
-
658
-
pensions
318
-
762
-
unemployment
58
-
139
-
total
651
-
1 559
-
Corporate
184 454
188 000
-
-
income
40 580
41 360
-
-
total
40 580
41 360
-
-
Dividends
143 874
146 640
-
-
withholding
28 775
29 328
-
-
total
28 775
29 328
-
-
Income
188 000
188 000
188 000
188 000
Total tax
71 000
70 688
67 051
66 916
After tax
117 000
117 312
120 949
121 084
Living cost
1 900
1 900
1 900
1 900
Free-cash
115 100
115 412
119 049
119 184

Estimated living cost  is ₽1900 per week

₽1129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
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.
₽573
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
Belgrade , Serbia
₽119634
₽102554
₽102554
₽115025
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

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

-
-
-
188 000
income
-
-
-
43 088
unemployment
-
-
-
1 038
health
-
-
-
7 129
pensions
-
-
-
17 995
total
-
-
-
69 250
Employee

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

24 423
-
175 611
-
unemployment
183
-
519
-
pensions
3 419
-
9 690
-
income
3 367
-
43 088
-
health
1 258
-
3 564
-
total
8 227
-
56 861
-
Employer

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

24 423
-
175 611
-
health
1 258
-
3 564
-
pensions
2 931
-
8 306
-
unemployment
183
-
519
-
total
4 372
-
12 389
-
Corporate
159 205
188 000
-
-
income
23 881
28 200
-
-
total
23 881
28 200
-
-
Dividends
135 324
159 800
-
-
withholding
20 299
23 970
-
-
total
20 299
23 970
-
-
Income
188 000
188 000
188 000
188 000
Total tax
56 779
52 170
69 250
69 250
After tax
131 221
135 830
118 750
118 750
Living cost
16 196
16 196
16 196
16 196
Free-cash
115 025
119 634
102 554
102 554

Estimated living cost  is ₽16196 per week

₽10905
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1253
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
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.
₽3570
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
Porto , Portugal
₽81638
₽59676
₽73929
₽81301
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

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
188 000
income
-
-
-
23 444
surtax
-
-
-
-
social contributions

Social contributions in Portugal are calculated from the total income before any reductions apply.

-
-
-
65 331
total
-
-
-
88 775
Employee
36 418
-
151 920
-
surtax
-
-
-
-
social contributions
4 006
-
16 711
-
income
7 116
-
50 237
-
total
11 122
-
66 948
-
Employer
36 418
-
151 920
-
social contributions
8 648
-
36 080
-
total
8 648
-
36 080
-
Corporate
142 934
188 000
-
-
income
30 016
39 480
-
-
surtax
-
-
-
-
total
30 016
39 480
-
-
Dividends
112 918
148 520
-
-
withholding
31 617
41 586
-
-
total
31 617
41 586
-
-
Income
188 000
188 000
188 000
188 000
Total tax
81 403
81 066
103 028
88 775
After tax
106 597
106 934
84 972
99 225
Living cost
25 296
25 296
25 296
25 296
Free-cash
81 301
81 638
59 676
73 929

Estimated living cost  is ₽25296 per week

₽17916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1757
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
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.
₽5174
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
Madrid , Spain
₽92065
₽68338
₽72275
₽85922
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
-
-
-
188 000
accident
-
-
-
783
income
-
-
-
56 658
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 612
total
-
-
-
82 749
Employee
45 316
-
160 274
-
other
45
-
87
-
unemployment
702
-
1 348
-
pensions
2 130
-
4 088
-
income
9 465
-
53 437
-
total
12 342
-
58 960
-
Employer
45 316
-
160 274
-
pensions
10 694
-
20 525
-
accident
897
-
1 722
-
unemployment
2 493
-
4 783
-
other
363
-
696
-
total
14 447
-
27 726
-
Corporate
128 236
188 000
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

19 236
28 200
-
-
total
19 236
28 200
-
-
Dividends
109 000
159 800
-
-
withholding
23 077
34 759
-
-
total
23 077
34 759
-
-
Income
188 000
188 000
188 000
188 000
Total tax
69 102
62 959
86 686
82 749
After tax
118 898
125 041
101 314
105 251
Living cost
32 976
32 976
32 976
32 976
Free-cash
85 922
92 065
68 338
72 275

Estimated living cost  is ₽32976 per week

₽23682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
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.
₽6266
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
Sofia , Bulgaria
₽144603
₽142532
₽134914
₽138885
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
-
-
-
188 000
income
-
-
-
28 200
unemployment
-
-
-
131
health
-
-
-
3 768
pensions

Individual pension and social contributions account is optional for those who entered the labor force after 31 December, 2014.

-
-
-
4 850
total
-
-
-
36 949
Employee
21 368
-
181 571
-
accident

We are using the highest rate at 1.1%.

235
-
360
-
pensions

19.8% for people born before 1 January, 1960; and 14.8% for those born after 31 December, 1959.

1 876
-
2 877
-
income
2 137
-
18 158
-
health
983
-
1 507
-
total
5 231
-
22 902
-
Employer
21 368
-
181 571
-
health
1 475
-
2 261
-
pensions

19.8% for people born before 1 January, 1960; and 14.8% for those born after 31 December, 1959.

2 355
-
3 611
-
accident

We are using the highest rate at 1.1%.

235
-
360
-
unemployment
128
-
197
-
total
4 193
-
6 429
-
Corporate
162 440
188 000
-
-
income
16 244
18 800
-
-
total
16 244
18 800
-
-
Dividends
146 195
169 200
-
-
withholding
7 310
8 460
-
-
total
7 310
8 460
-
-
Income
188 000
188 000
188 000
188 000
Total tax
32 978
27 260
29 331
36 949
After tax
155 022
160 740
158 669
151 051
Living cost
16 137
16 137
16 137
16 137
Free-cash
138 885
144 603
142 532
134 914

Estimated living cost  is ₽16137 per week

₽10673
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽924
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
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.
₽4156
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
Berlin , Germany
₽60492
₽81398
₽60681
₽72769
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

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

-
-
-
188 000
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

-
-
-
60 632
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

-
-
-
3 335
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 410
trade
-
-
-
20 717
total
-
-
-
91 094
Employee

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

46 686
-
188 000
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

212
-
3 335
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

3 839
-
60 632
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 410
-
6 410
-
total
10 461
-
70 377
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
141 314
188 000
-
-
income
21 196
28 200
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

1 166
1 551
-
-
chamber of commerce
349
418
-
-
trade
20 279
26 978
-
-
total
42 990
57 147
-
-
Dividends
98 322
130 853
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

1 332
1 779
-
-
withholding
24 223
32 357
-
-
total
25 555
34 136
-
-
Income
188 000
188 000
188 000
188 000
Total tax
79 006
91 283
70 377
91 094
After tax
108 994
96 717
117 623
96 906
Living cost
36 225
36 225
36 225
36 225
Free-cash
72 769
60 492
81 398
60 681

Estimated living cost  is ₽36225 per week

₽24989
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3898
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
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.
₽6813
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

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Dublin , Ireland
₽78150
₽42967
₽42967
₽80222
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
-
-
-
188 000
income
-
-
-
59 691
social contributions
-
-
-
31 892
total
-
-
-
91 583
Employee
73 396
-
188 000
-
income
13 850
-
59 691
-
social contributions
6 098
-
31 892
-
total
19 948
-
91 583
-
Employer
73 396
-
188 000
-
total
-
-
-
-
Corporate
114 604
188 000
-
-
income
14 325
23 500
-
-
total
14 325
23 500
-
-
Dividends
100 279
164 500
-
-
withholding
20 055
32 900
-
-
total
20 055
32 900
-
-
Income
188 000
188 000
188 000
188 000
Total tax
54 328
56 400
91 583
91 583
After tax
133 672
131 600
96 417
96 417
Living cost
53 450
53 450
53 450
53 450
Free-cash
80 222
78 150
42 967
42 967

Estimated living cost  is ₽53450 per week

₽40664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4355
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
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.
₽7920
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

To obtain permanent residence for non EEA/Swiss nationals, it is required to invest a huge amount - at least €1 million aggregate investment into a new or an existing Irish business, for a minimum of three years.

Sliema , Malta
₽83181
₽98224
₽120052
₽86460
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 use The Residence Programme or The Global Residence Programme.

-
-
-
188 000
income
-
-
-
28 200
health

This is an average price for a private worldwide health insurance. The price will vary depending on your age and health condition.

-
-
-
5 687
total
-
-
-
33 887
Employee
43 044
-
183 684
-
income
4 671
-
47 083
-
social contributions
4 313
-
4 316
-
total
8 984
-
51 399
-
Employer
43 044
-
183 684
-
social contributions
4 313
-
4 316
-
total
4 313
-
4 316
-
Corporate
140 643
188 000
-
-
income
49 225
65 801
-
-
total
49 225
65 801
-
-
Dividends
91 419
122 199
-
-
social contributions
4 957
4 957
-
-
total
4 957
4 957
-
-
Income
188 000
188 000
188 000
188 000
Total tax
67 479
70 758
55 715
33 887
After tax
120 521
117 242
132 285
154 113
Living cost
34 061
34 061
34 061
34 061
Free-cash
86 460
83 181
98 224
120 052

Estimated living cost  is ₽34061 per week

₽22436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
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.
₽8417
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
Edinburgh , United Kingdom
₽85778
₽71243
₽88132
₽91327
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
-
-
-
188 000
income
-
-
-
56 162
pensions
-
-
-
8 891
total
-
-
-
65 053
Employee
47 789
-
164 016
-
pensions
3 648
-
10 767
-
income
8 703
-
44 901
-
health
623
-
2 290
-
total
12 974
-
57 958
-
Employer
47 789
-
164 016
-
health
908
-
3 117
-
pensions
4 828
-
20 867
-
total
5 736
-
23 984
-
Corporate
134 474
188 000
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

25 551
35 719
-
-
total
25 551
35 719
-
-
Dividends
108 923
152 281
-
-
withholding
17 597
31 687
-
-
total
17 597
31 687
-
-
Income
188 000
188 000
188 000
188 000
Total tax
61 858
67 406
81 942
65 053
After tax
126 142
120 594
106 058
122 947
Living cost
34 815
34 815
34 815
34 815
Free-cash
91 327
85 778
71 243
88 132

Estimated living cost  is ₽34815 per week

₽23883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3202
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
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.
₽7293
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

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Warsaw , Poland
-₽7454
₽80149
₽105762
₽11749
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
-
-
-
188 000
accident
-
-
-
240
income
-
-
-
52 924
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
59 556
Employee
35 680
-
170 486
-
pensions
4 018
-
7 264
-
income
4 895
-
40 870
-
health
4 085
-
19 521
-
total
12 998
-
67 655
-
Employer
35 680
-
170 486
-
pensions
5 801
-
10 490
-
accident
596
-
2 847
-
unemployment
874
-
4 177
-
total
7 271
-
17 514
-
Corporate
145 049
188 000
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

130 544
169 200
-
-
total
130 544
169 200
-
-
Dividends
14 505
18 800
-
-
withholding
2 756
3 572
-
-
total
2 756
3 572
-
-
Income
188 000
188 000
188 000
188 000
Total tax
153 569
172 772
85 169
59 556
After tax
34 431
15 228
102 831
128 444
Living cost
22 682
22 682
22 682
22 682
Free-cash
11 749
-7 454
80 149
105 762

Estimated living cost  is ₽22682 per week

₽16646
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1322
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
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.
₽4257
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

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Skopje , Macedonia
₽131143
₽123346
₽102710
₽141135
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

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

-
-
-
188 000
income
-
-
-
31 340
unemployment
-
-
-
1 801
work injury
-
-
-
750
health insurance
-
-
-
11 106
pensions
-
-
-
27 616
total
-
-
-
72 613
Employee

Minimal social contribution is 50% of an average salary to a maximum of six average salaries.

20 283
-
188 000
-
health insurance
1 501
-
5 553
-
unemployment
243
-
901
-
work injury
101
-
375
-
pensions
3 732
-
13 808
-
income
2 028
-
31 340
-
total
7 605
-
51 977
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
167 717
188 000
-
-
income

Macedonia has a simplified tax regime. Before 3,000,000 MKD per annum you will be taxed at 0%, and before 6,000,000 MKD it is 1%.

1 677
18 800
-
-
total
1 677
18 800
-
-
Dividends
166 040
169 200
-
-
withholding
24 906
25 380
-
-
total
24 906
25 380
-
-
Income
188 000
188 000
188 000
188 000
Total tax
34 188
44 180
51 977
72 613
After tax
153 812
143 820
136 023
115 387
Living cost
12 677
12 677
12 677
12 677
Free-cash
141 135
131 143
123 346
102 710

Estimated living cost  is ₽12677 per week

₽7853
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
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.
₽3507
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
Rome , Italy
₽61644
₽41664
₽49521
₽57375
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
-
-
-
188 000
social contributions
-
-
-
46 962
regional
-
-
-
4 383
municipal
-
-
-
1 270
national
-
-
-
48 484
total
-
-
-
101 099
Employee
79 067
-
188 000
-
municipal
472
-
1 138
-
national
13 362
-
42 346
-
regional
1 194
-
3 904
-
social contributions
26 661
-
61 568
-
total
41 689
-
108 956
-
Employer
79 067
-
188 000
-
total
-
-
-
-
Corporate
108 933
188 000
-
-
municipal
5 251
9 062
-
-
nationa
26 145
45 121
-
-
total
31 396
54 183
-
-
Dividends
77 537
133 818
-
-
withholding
20 160
34 793
-
-
total
20 160
34 793
-
-
Income
188 000
188 000
188 000
188 000
Total tax
93 245
88 976
108 956
101 099
After tax
94 755
99 024
79 044
86 901
Living cost
37 380
37 380
37 380
37 380
Free-cash
57 375
61 644
41 664
49 521

Estimated living cost  is ₽37380 per week

₽26257
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
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.
₽7986
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
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Additional information

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