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
₽ 215500
per

Your estimated
City
free-cash

Dresden , Germany
₽80327
₽104593
₽77488
₽90653
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.

-
-
-
215 500
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.

-
-
-
72 273
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.

-
-
-
3 976
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.

-
-
-
6 378
trade
-
-
-
27 105
total
-
-
-
109 732
Employee

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

35 710
-
215 500
-
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
-
3 976
-
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.

998
-
72 273
-
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.

6 378
-
6 378
-
total
7 431
-
82 627
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
179 790
215 500
-
-
income
26 968
32 324
-
-
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.

1 483
1 777
-
-
chamber of commerce
400
452
-
-
trade
28 317
33 942
-
-
total
57 168
68 495
-
-
Dividends
122 621
147 005
-
-
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.

1 667
2 002
-
-
withholding
30 301
36 396
-
-
total
31 968
38 398
-
-
Income
215 500
215 500
215 500
215 500
Total tax
96 567
106 893
82 627
109 732
After tax
118 933
108 607
132 873
105 768
Living cost
28 280
28 280
28 280
28 280
Free-cash
90 653
80 327
104 593
77 488

Estimated living cost  is ₽28280 per week

₽17789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3297
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
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.
₽6665
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
₽84666
₽74512
₽73357
₽83838
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
-
-
-
215 500
social contributions
-
-
-
2 317
municipal
-
-
-
23 908
national
-
-
-
40 252
pensions
-
-
-
25 860
total
-
-
-
92 337
Employee
77 208
-
186 298
-
municipal
9 536
-
24 743
-
pensions
3 088
-
7 452
-
national
14 778
-
42 080
-
total
27 402
-
74 275
-
Employer
77 208
-
186 298
-
pensions
6 177
-
14 904
-
social contributions
830
-
2 003
-
total
7 007
-
16 907
-
Corporate
126 189
215 500
-
-
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%.

25 238
43 100
-
-
total
25 238
43 100
-
-
Dividends
100 951
172 400
-
-
withholding
22 209
37 928
-
-
total
22 209
37 928
-
-
Income
215 500
215 500
215 500
215 500
Total tax
81 856
81 028
91 182
92 337
After tax
133 644
134 472
124 318
123 163
Living cost
49 806
49 806
49 806
49 806
Free-cash
83 838
84 666
74 512
73 357

Estimated living cost  is ₽49806 per week

₽33853
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4630
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽745
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.
₽10578
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
₽152976
₽74558
₽59327
₽145318
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.

-
-
-
215 500
income
-
-
-
46 025
surtax
-
-
-
54 952
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.

-
-
-
35 772
microenterprise
-
-
-
-
total
-
-
-
136 749
Employee
27 282
-
169 995
-
surtax
-
-
24 649
-
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.

3 001
-
12 239
-
income
4 856
-
39 126
-
total
7 857
-
76 014
-
Employer
27 282
-
169 995
-
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.

6 572
-
26 805
-
surtax
-
-
18 699
-
total
6 572
-
45 504
-
Corporate
181 647
215 500
-
-
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%.

36 329
43 100
-
-
total
36 329
43 100
-
-
Dividends

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

145 318
172 400
-
-
total
-
-
-
-
Income
215 500
215 500
215 500
215 500
Total tax
50 758
43 100
121 518
136 749
After tax
164 742
172 400
93 982
78 751
Living cost
19 424
19 424
19 424
19 424
Free-cash
145 318
152 976
74 558
59 327

Estimated living cost  is ₽19424 per week

₽12392
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1850
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
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.
₽4741
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
₽68342
₽98700
₽76310
₽62623
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
-
-
-
215 500
income
-
-
-
77 626
health
-
-
-
11 513
pensions
-
-
-
10 939
total
-
-
-
100 078
Employee
79 730
79 730
198 149
-
pensions
14 351
10 939
10 939
-
income

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

13 051
13 051
37 884
-
health
12 238
10 409
11 513
-
total
39 640
34 399
60 336
-
Employer
79 730
79 730
198 149
-
health
5 542
5 542
6 887
-
pensions
5 549
5 549
6 898
-
unemployment
2 870
2 870
3 567
-
total
13 961
13 961
17 352
-
Corporate
122 786
121 808
-
-
income
24 557
24 362
-
-
total
24 557
24 362
-
-
Dividends
98 229
97 446
-
-
income
20 873
20 707
-
-
withholding
14 734
14 617
-
-
total
35 607
35 324
-
-
Income
215 500
215 500
215 500
215 500
Total tax
113 765
108 046
77 688
100 078
After tax
101 735
107 454
137 812
115 422
Living cost
39 112
39 112
39 112
39 112
Free-cash
62 623
68 342
98 700
76 310

Estimated living cost  is ₽39112 per week

₽27718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3526
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽622
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.
₽7247
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
₽79965
₽69018
₽69932
₽79119
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
-
-
-
215 500
accident
-
-
-
165
other
-
-
-
9 601
unemployment
-
-
-
83
health
-
-
-
5 155
municipal
-
-
-
57 125
national
-
-
-
26 810
pensions
-
-
-
8 931
total
-
-
-
107 870
Employee
53 717
-
189 540
-
municipal
16 018
-
56 521
-
national
-
-
26 304
-
total
16 018
-
82 825
-
Employer
53 717
-
189 540
-
health
3 304
-
5 081
-
pensions
5 807
-
8 931
-
accident
107
-
165
-
unemployment
1 418
-
2 181
-
other
6 242
-
9 601
-
total
16 878
-
25 959
-
Corporate
144 906
215 500
-
-
income
31 879
47 410
-
-
total
31 879
47 410
-
-
Dividends
113 026
168 090
-
-
withholding
33 908
50 427
-
-
total
33 908
50 427
-
-
Income
215 500
215 500
215 500
215 500
Total tax
98 683
97 837
108 784
107 870
After tax
116 817
117 663
106 716
107 630
Living cost
37 698
37 698
37 698
37 698
Free-cash
79 119
79 965
69 018
69 932

Estimated living cost  is ₽37698 per week

₽24985
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3699
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
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.
₽8442
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
₽70822
₽96195
₽67886
₽83939
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.

-
-
-
215 500
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.

-
-
-
72 273
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.

-
-
-
3 976
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.

-
-
-
6 378
trade
-
-
-
28 309
total
-
-
-
110 936
Employee

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

47 347
-
215 500
-
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.

223
-
3 976
-
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.

4 068
-
72 273
-
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.

6 378
-
6 378
-
total
10 669
-
82 627
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
168 153
215 500
-
-
income
25 223
32 324
-
-
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.

1 387
1 777
-
-
chamber of commerce
381
448
-
-
trade
27 661
35 450
-
-
total
54 652
69 999
-
-
Dividends
113 500
145 501
-
-
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.

1 541
1 981
-
-
withholding
28 021
36 020
-
-
total
29 562
38 001
-
-
Income
215 500
215 500
215 500
215 500
Total tax
94 883
108 000
82 627
110 936
After tax
120 617
107 500
132 873
104 564
Living cost
36 678
36 678
36 678
36 678
Free-cash
83 939
70 822
96 195
67 886

Estimated living cost  is ₽36678 per week

₽24530
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3868
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.
₽7732
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
₽126761
₽112697
₽114456
₽122886
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
-
-
-
215 500
income
-
-
-
50 159
social contributions
-
-
-
15 106
health
-
-
-
5 496
total
-
-
-
70 761
Employee
71 793
71 793
203 695
-
social contributions
3 489
5 958
8 037
-
income
7 539
6 646
49 215
-
health
714
1 221
3 462
-
total
11 742
13 825
60 714
-
Employer
71 793
71 793
203 695
-
health
778
1 329
3 769
-
social contributions
3 489
5 958
8 037
-
total
4 267
7 287
11 806
-
Corporate
169 209
136 419
-
-
income
21 152
17 052
-
-
total
21 152
17 052
-
-
Dividends
148 057
119 368
-
-
withholding
25 170
20 292
-
-
total
25 170
20 292
-
-
Income
215 500
215 500
215 500
215 500
Total tax
62 331
58 456
72 520
70 761
After tax
153 169
157 044
142 980
144 739
Living cost
30 283
30 283
30 283
30 283
Free-cash
122 886
126 761
112 697
114 456

Estimated living cost  is ₽30283 per week

₽20701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
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.
₽6708
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
₽104223
₽108205
₽132565
₽104570
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
-
-
-
215 500
income
-
-
-
26 345
unemployment
-
-
-
3 232
health
-
-
-
15 085
pensions
-
-
-
21 550
total
-
-
-
66 212
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.

24 139
9 607
180 335
-
unemployment
362
144
2 705
-
pensions
2 414
961
18 033
-
income
2 951
1 174
22 046
-
health
1 690
672
12 623
-
total
7 417
2 951
55 407
-
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.

24 139
9 607
180 335
-
pensions
4 707
1 873
35 165
-
total
4 707
1 873
35 165
-
Corporate
186 653
204 019
-
-
income
16 799
18 362
-
-
total
16 799
18 362
-
-
Dividends
169 855
185 658
-
-
social contributions
33 012
36 093
-
-
withholding
32 272
35 275
-
-
total
65 284
71 368
-
-
Income
215 500
215 500
215 500
215 500
Total tax
94 207
94 554
90 572
66 212
After tax
121 293
120 946
124 928
149 288
Living cost
16 723
16 723
16 723
16 723
Free-cash
104 570
104 223
108 205
132 565

Estimated living cost  is ₽16723 per week

₽11412
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1368
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽334
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.
₽3609
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
₽149849
₽101664
₽92958
₽144049
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
-
-
-
215 500
income
-
-
-
28 876
health
-
-
-
28 015
pensions
-
-
-
43 100
total
-
-
-
99 991
Employee
26 486
-
161 060
-
unemployment
423
-
2 576
-
pensions
530
-
3 221
-
income
2 982
-
31 052
-
total
3 935
-
36 849
-
Employer
26 486
-
161 060
-
health
3 443
-
20 937
-
pensions
5 298
-
32 211
-
unemployment
213
-
1 288
-
total
8 954
-
54 436
-
Corporate
180 061
215 500
-
-
income
36 011
43 100
-
-
total
36 011
43 100
-
-
Dividends
144 050
172 400
-
-
total
-
-
-
-
Income
215 500
215 500
215 500
215 500
Total tax
48 900
43 100
91 285
99 991
After tax
166 600
172 400
124 215
115 509
Living cost
22 551
22 551
22 551
22 551
Free-cash
144 049
149 849
101 664
92 958

Estimated living cost  is ₽22551 per week

₽15468
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1343
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
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.
₽5287
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
-₽3385
₽97925
₽126302
₽14258
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
-
-
-
215 500
accident
-
-
-
239
income
-
-
-
61 761
other
-
-
-
351
health
-
-
-
2 066
pensions
-
-
-
3 941
total
-
-
-
68 358
Employee
32 783
-
196 949
-
pensions
3 691
-
7 227
-
income
4 498
-
48 407
-
health
3 754
-
22 551
-
total
11 943
-
78 185
-
Employer
32 783
-
196 949
-
pensions
5 331
-
10 436
-
accident
547
-
3 289
-
unemployment
803
-
4 825
-
total
6 681
-
18 550
-
Corporate
176 036
215 500
-
-
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.

158 433
193 950
-
-
total
158 433
193 950
-
-
Dividends
17 603
21 550
-
-
withholding
3 345
4 095
-
-
total
3 345
4 095
-
-
Income
215 500
215 500
215 500
215 500
Total tax
180 402
198 045
96 735
68 358
After tax
35 098
17 455
118 765
147 142
Living cost
20 840
20 840
20 840
20 840
Free-cash
14 258
-3 385
97 925
126 302

Estimated living cost  is ₽20840 per week

₽15274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
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.
₽3977
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
₽197202
₽164877
₽205822
₽195791
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%.

-
-
-
215 500
microenterprise

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

-
-
-
2 155
total
-
-
-
2 155
Employee
9 404
-
215 500
-
income
1 881
-
43 100
-
total
1 881
-
43 100
-
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%.

206 096
215 500
-
-
total
-
-
-
-
Dividends
206 096
215 500
-
-
withholding
10 305
10 775
-
-
total
10 305
10 775
-
-
Income
215 500
215 500
215 500
215 500
Total tax
12 186
10 775
43 100
2 155
After tax
203 314
204 725
172 400
213 345
Living cost
7 523
7 523
7 523
7 523
Free-cash
195 791
197 202
164 877
205 822

Estimated living cost  is ₽7523 per week

₽4662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽625
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽207
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.
₽2029
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
₽133450
₽103631
₽105400
₽127145
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
-
-
-
215 500
income
-
-
-
38 157
other
-
-
-
6 743
health
-
-
-
6 247
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.

-
-
-
34 075
total
-
-
-
85 222
Employee
33 900
-
179 423
-
unemployment
338
-
1 419
-
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.

2 372
-
9 938
-
income
5 836
-
37 569
-
health
475
-
1 988
-
total
9 021
-
50 914
-
Employer
33 900
-
179 423
-
health
475
-
1 988
-
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.

5 764
-
24 137
-
accident
271
-
1 435
-
unemployment
338
-
1 419
-
other
1 696
-
7 098
-
total
8 544
-
36 077
-
Corporate
173 057
215 500
-
-
income
36 343
45 255
-
-
total
36 343
45 255
-
-
Dividends
136 714
170 245
-
-
withholding
9 569
11 917
-
-
total
9 569
11 917
-
-
Income
215 500
215 500
215 500
215 500
Total tax
63 477
57 172
86 991
85 222
After tax
152 023
158 328
128 509
130 278
Living cost
24 878
24 878
24 878
24 878
Free-cash
127 145
133 450
103 631
105 400

Estimated living cost  is ₽24878 per week

₽17578
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1680
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
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.
₽5220
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
₽72920
₽57181
₽76407
₽80474
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
-
-
-
215 500
income
-
-
-
66 933
pensions
-
-
-
9 443
total
-
-
-
76 376
Employee
88 735
-
187 784
-
pensions
8 561
-
11 248
-
income
15 995
-
54 114
-
health
1 462
-
2 526
-
total
26 018
-
67 888
-
Employer
88 735
-
187 784
-
health
1 685
-
3 569
-
pensions
10 477
-
24 145
-
total
12 162
-
27 714
-
Corporate
114 603
215 500
-
-
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.

21 774
40 946
-
-
total
21 774
40 946
-
-
Dividends
92 829
174 554
-
-
withholding
12 355
38 917
-
-
total
12 355
38 917
-
-
Income
215 500
215 500
215 500
215 500
Total tax
72 309
79 863
95 602
76 376
After tax
143 191
135 637
119 898
139 124
Living cost
62 717
62 717
62 717
62 717
Free-cash
80 474
72 920
57 181
76 407

Estimated living cost  is ₽62717 per week

₽46995
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7369
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.
₽7844
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
₽172009
₽171221
₽162222
₽167669
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
-
-
-
215 500
income
-
-
-
32 325
unemployment
-
-
-
130
health
-
-
-
3 751
pensions

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

-
-
-
4 828
total
-
-
-
41 034
Employee
16 213
-
209 100
-
accident

We are using the highest rate at 1.1%.

179
-
359
-
pensions

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

1 423
-
2 864
-
income
1 621
-
20 910
-
health
746
-
1 501
-
total
3 969
-
25 634
-
Employer
16 213
-
209 100
-
health
1 119
-
2 251
-
pensions

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

1 787
-
3 595
-
accident

We are using the highest rate at 1.1%.

179
-
359
-
unemployment
97
-
196
-
total
3 182
-
6 401
-
Corporate
196 106
215 500
-
-
income
19 611
21 550
-
-
total
19 611
21 550
-
-
Dividends
176 495
193 950
-
-
withholding
8 825
9 697
-
-
total
8 825
9 697
-
-
Income
215 500
215 500
215 500
215 500
Total tax
35 587
31 247
32 035
41 034
After tax
179 913
184 253
183 465
174 466
Living cost
12 244
12 244
12 244
12 244
Free-cash
167 669
172 009
171 221
162 222

Estimated living cost  is ₽12244 per week

₽7148
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽324
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.
₽3897
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
₽55682
₽86040
₽63650
₽58030
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
-
-
-
215 500
income
-
-
-
77 626
health
-
-
-
11 513
pensions
-
-
-
10 939
total
-
-
-
100 078
Employee
86 561
79 730
198 149
-
pensions
10 939
10 939
10 939
-
income

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

13 051
13 051
37 884
-
health
10 799
10 409
11 513
-
total
34 789
34 399
60 336
-
Employer
86 561
79 730
198 149
-
health
6 015
5 542
6 887
-
pensions
6 024
5 549
6 898
-
unemployment
3 117
2 870
3 567
-
total
15 156
13 961
17 352
-
Corporate
113 783
121 808
-
-
income
22 757
24 362
-
-
total
22 757
24 362
-
-
Dividends
91 026
97 446
-
-
income
19 343
20 707
-
-
withholding
13 653
14 617
-
-
total
32 996
35 324
-
-
Income
215 500
215 500
215 500
215 500
Total tax
105 698
108 046
77 688
100 078
After tax
109 802
107 454
137 812
115 422
Living cost
51 772
51 772
51 772
51 772
Free-cash
58 030
55 682
86 040
63 650

Estimated living cost  is ₽51772 per week

₽38191
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4624
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
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.
₽8365
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
₽125557
₽95349
₽104846
₽117417
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
-
-
-
215 500
income
-
-
-
23 037
social contributions
-
-
-
32 830
solidarity contribution
-
-
-
2 880
health
-
-
-
29 092
total
-
-
-
87 839
Employee
33 551
-
171 919
-
solidarity contribution
-
-
2 028
-
social contributions
2 181
-
7 308
-
income
4 026
-
21 210
-
health
4 529
-
23 209
-
total
10 736
-
53 755
-
Employer
33 551
-
171 919
-
health
3 020
-
15 473
-
social contributions
8 388
-
28 108
-
total
11 408
-
43 581
-
Corporate
170 541
215 500
-
-
income
32 403
40 945
-
-
total
32 403
40 945
-
-
Dividends
138 138
174 555
-
-
withholding
20 721
26 183
-
-
total
20 721
26 183
-
-
Income
215 500
215 500
215 500
215 500
Total tax
75 268
67 128
97 336
87 839
After tax
140 232
148 372
118 164
127 661
Living cost
22 815
22 815
22 815
22 815
Free-cash
117 417
125 557
95 349
104 846

Estimated living cost  is ₽22815 per week

₽15848
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1623
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.
₽4896
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
₽75581
₽56888
₽64803
₽70708
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
-
-
-
215 500
social contributions
-
-
-
46 729
regional
-
-
-
2 750
municipal
-
-
-
1 350
national
-
-
-
60 471
total
-
-
-
111 300
Employee
82 977
-
215 500
-
municipal
439
-
1 233
-
national
14 378
-
54 220
-
regional
783
-
2 499
-
social contributions
27 980
-
61 263
-
total
43 580
-
119 215
-
Employer
82 977
-
215 500
-
total
-
-
-
-
Corporate
132 523
215 500
-
-
municipal
5 168
8 405
-
-
nationa
31 805
51 720
-
-
total
36 973
60 125
-
-
Dividends
95 549
155 375
-
-
withholding
24 842
40 397
-
-
total
24 842
40 397
-
-
Income
215 500
215 500
215 500
215 500
Total tax
105 395
100 522
119 215
111 300
After tax
110 105
114 978
96 285
104 200
Living cost
39 397
39 397
39 397
39 397
Free-cash
70 708
75 581
56 888
64 803

Estimated living cost  is ₽39397 per week

₽27463
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2583
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
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.
₽8746
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
₽114945
₽74992
₽80699
₽112042
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
-
-
-
215 500
income
-
-
-
68 573
other
-
-
-
-
surtax
-
-
-
11 644
unemployment
-
-
-
213
health
-
-
-
8 846
pensions
-
-
-
24 922
total
-
-
-
114 198
Employee
30 875
-
189 271
-
other
-
-
-
-
unemployment
2 149
-
8 673
-
pensions
2 059
-
8 311
-
surtax
101
-
10 526
-
income
5 175
-
62 989
-
health
788
-
3 177
-
total
10 272
-
93 676
-
Employer
30 875
-
189 271
-
health
1 405
-
5 670
-
pensions
4 116
-
16 610
-
unemployment
978
-
3 949
-
other
-
-
-
-
total
6 499
-
26 229
-
Corporate
178 126
215 500
-
-
income
46 313
56 031
-
-
total
46 313
56 031
-
-
Dividends
131 813
159 469
-
-
withholding
19 771
23 921
-
-
total
19 771
23 921
-
-
Income
215 500
215 500
215 500
215 500
Total tax
82 855
79 952
119 905
114 198
After tax
132 645
135 548
95 595
101 302
Living cost
20 603
20 603
20 603
20 603
Free-cash
112 042
114 945
74 992
80 699

Estimated living cost  is ₽20603 per week

₽12597
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1901
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
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.
₽5629
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
₽92790
₽77051
₽96277
₽98988
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
-
-
-
215 500
income
-
-
-
66 933
pensions
-
-
-
9 443
total
-
-
-
76 376
Employee
59 468
-
187 784
-
pensions
5 047
-
11 248
-
income
10 710
-
54 114
-
health
863
-
2 526
-
total
16 620
-
67 888
-
Employer
59 468
-
187 784
-
health
1 130
-
3 569
-
pensions
6 437
-
24 145
-
total
7 567
-
27 714
-
Corporate
148 465
215 500
-
-
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.

28 207
40 946
-
-
total
28 207
40 946
-
-
Dividends
120 258
174 554
-
-
withholding
21 271
38 917
-
-
total
21 271
38 917
-
-
Income
215 500
215 500
215 500
215 500
Total tax
73 665
79 863
95 602
76 376
After tax
141 835
135 637
119 898
139 124
Living cost
42 847
42 847
42 847
42 847
Free-cash
98 988
92 790
77 051
96 277

Estimated living cost  is ₽42847 per week

₽32100
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3211
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.
₽7086
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
₽24714
₽89287
₽97193
₽56303
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
-
-
-
215 500
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.

-
-
-
4 310
regional
-
-
-
12 052
health
-
-
-
485
city
-
-
-
2 272
national
-
-
-
5 532
pensions
-
-
-
19 827
total
-
-
-
44 478
Employee
86 398
-
193 933
-
unemployment
-
-
-
-
pensions
7 259
-
15 118
-
national
409
-
4 567
-
regional
2 829
-
10 734
-
city
927
-
2 097
-
health
195
-
436
-
total
11 619
-
32 952
-
Employer
86 398
-
193 933
-
health
195
-
436
-
pensions
7 259
-
15 118
-
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.

1 727
-
3 878
-
total
9 181
-
19 432
-
Corporate
118 970
215 500
-
-
regional
25 162
45 579
-
-
national
10 112
18 317
-
-
total
35 274
63 896
-
-
Dividends
83 695
151 604
-
-
withholding
29 294
53 061
-
-
total
29 294
53 061
-
-
Income
215 500
215 500
215 500
215 500
Total tax
85 368
116 957
52 384
44 478
After tax
130 132
98 543
163 116
171 022
Living cost
73 829
73 829
73 829
73 829
Free-cash
56 303
24 714
89 287
97 193

Estimated living cost  is ₽73829 per week

₽48010
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6625
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽906
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.
₽18287
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
₽63620
₽90102
₽60588
₽78760
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.

-
-
-
215 500
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.

-
-
-
72 273
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.

-
-
-
3 976
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.

-
-
-
6 378
trade
-
-
-
29 514
total
-
-
-
112 141
Employee

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

56 111
-
215 500
-
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.

363
-
3 976
-
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.

6 598
-
72 273
-
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.

6 378
-
6 378
-
total
13 339
-
82 627
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
159 389
215 500
-
-
income
23 908
32 324
-
-
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.

1 315
1 777
-
-
chamber of commerce
367
445
-
-
trade
27 335
36 958
-
-
total
52 925
71 504
-
-
Dividends
106 464
143 996
-
-
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.

1 444
1 960
-
-
withholding
26 261
35 645
-
-
total
27 705
37 605
-
-
Income
215 500
215 500
215 500
215 500
Total tax
93 969
109 109
82 627
112 141
After tax
121 531
106 391
132 873
103 359
Living cost
42 771
42 771
42 771
42 771
Free-cash
78 760
63 620
90 102
60 588

Estimated living cost  is ₽42771 per week

₽31238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3421
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
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.
₽7557
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
₽76669
₽78847
₽85508
₽82186
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
-
-
-
215 500
income
-
-
-
40 961
other
-
-
-
6 681
surtax
-
-
-
-
social contributions
-
-
-
6 141
health
-
-
-
10 705
pensions
-
-
-
33 561
total
-
-
-
98 049
Employee
39 959
-
164 140
-
pensions
4 518
-
12 512
-
surtax
-
-
-
-
social contributions
1 139
-
4 676
-
income
2 358
-
36 160
-
total
8 015
-
53 348
-
Employer
39 959
-
164 140
-
health
2 798
-
16 486
-
pensions
6 564
-
20 865
-
unemployment
1 618
-
6 648
-
social contributions
120
-
493
-
other
1 378
-
6 870
-
total
12 478
-
51 362
-
Corporate
163 062
215 500
-
-
income
45 657
60 340
-
-
surtax
-
-
-
-
total
45 657
60 340
-
-
Dividends
117 406
155 160
-
-
surtax
-
-
-
-
social contributions
20 193
26 688
-
-
withholding
15 028
19 860
-
-
total
35 221
46 548
-
-
Income
215 500
215 500
215 500
215 500
Total tax
101 371
106 888
104 710
98 049
After tax
114 129
108 612
110 790
117 451
Living cost
31 943
31 943
31 943
31 943
Free-cash
82 186
76 669
78 847
85 508

Estimated living cost  is ₽31943 per week

₽20142
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2597
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
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.
₽8662
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
₽79834
₽82012
₽88673
₽85022
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
-
-
-
215 500
income
-
-
-
40 961
other
-
-
-
6 681
surtax
-
-
-
-
social contributions
-
-
-
6 141
health
-
-
-
10 705
pensions
-
-
-
33 561
total
-
-
-
98 049
Employee
35 669
-
164 140
-
pensions
4 034
-
12 512
-
surtax
-
-
-
-
social contributions
1 017
-
4 676
-
income
1 839
-
36 160
-
total
6 890
-
53 348
-
Employer
35 669
-
164 140
-
health
2 496
-
16 486
-
pensions
5 861
-
20 865
-
unemployment
1 444
-
6 648
-
social contributions
106
-
493
-
other
1 231
-
6 870
-
total
11 138
-
51 362
-
Corporate
168 692
215 500
-
-
income
47 234
60 340
-
-
surtax
-
-
-
-
total
47 234
60 340
-
-
Dividends
121 458
155 160
-
-
surtax
-
-
-
-
social contributions
20 891
26 688
-
-
withholding
15 547
19 860
-
-
total
36 438
46 548
-
-
Income
215 500
215 500
215 500
215 500
Total tax
101 700
106 888
104 710
98 049
After tax
113 800
108 612
110 790
117 451
Living cost
28 778
28 778
28 778
28 778
Free-cash
85 022
79 834
82 012
88 673

Estimated living cost  is ₽28778 per week

₽16690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2923
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
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.
₽8620
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
₽111678
₽112652
₽118597
₽112162
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
-
-
-
215 500
income
-
-
-
32 324
social contributions
-
-
-
29 739
health
-
-
-
15 042
total
-
-
-
77 105
Employee
31 656
-
215 500
-
social contributions
4 369
-
29 739
-
income
5 280
-
38 269
-
health
2 209
-
15 042
-
total
11 858
-
83 050
-
Employer
31 656
-
215 500
-
total
-
-
-
-
Corporate
183 844
215 500
-
-
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%.

9 192
10 774
-
-
total
9 192
10 774
-
-
Dividends
174 652
204 726
-
-
social contributions
24 102
28 253
-
-
withholding
26 198
30 708
-
-
health
12 190
14 289
-
-
total
62 490
73 250
-
-
Income
215 500
215 500
215 500
215 500
Total tax
83 540
84 024
83 050
77 105
After tax
131 960
131 476
132 450
138 395
Living cost
19 798
19 798
19 798
19 798
Free-cash
112 162
111 678
112 652
118 597

Estimated living cost  is ₽19798 per week

₽13249
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
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.
₽4871
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
₽85853
₽23543
₽77410
₽84407
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
-
-
-
215 500
income
-
-
-
69 897
surtax
-
-
-
184
unemployment
-
-
-
5 726
chamber of commerce
-
-
-
863
health
-
-
-
8 343
pensions
-
-
-
20 179
total
-
-
-
105 192
Employee
46 660
37 207
178 833
-
other
466
372
1 091
-
unemployment
1 400
1 116
3 272
-
pensions
4 778
3 809
11 169
-
income
5 312
2 744
58 818
-
health
1 805
1 440
4 220
-
total
13 761
9 481
78 570
-
Employer
46 660
37 207
178 833
-
chamber of commerce
186
149
716
-
health
1 763
1 407
4 123
-
pensions
5 856
4 670
13 689
-
accident
606
484
1 417
-
unemployment
1 400
1 116
3 272
-
surtax
184
184
184
-
payroll
1 400
1 116
5 365
-
other
2 216
1 766
7 900
-
total
13 611
10 892
36 666
-
Corporate
155 229
167 400
175 289
-
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.

38 807
41 849
43 823
-
total
38 807
41 849
43 823
-
Dividends
116 422
125 550
-
-
withholding
32 016
34 527
-
-
total
32 016
34 527
-
-
Income
215 500
215 500
215 500
215 500
Total tax
98 195
96 749
159 059
105 192
After tax
117 305
118 751
56 441
110 308
Living cost
32 898
32 898
32 898
32 898
Free-cash
84 407
85 853
23 543
77 410

Estimated living cost  is ₽32898 per week

₽21942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2806
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.
₽7610
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
₽83913
₽38983
₽59716
₽72371
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
-
-
-
215 500
communal

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

-
-
-
11 533
social contributions
-
-
-
23 277
national
-
-
-
86 932
total
-
-
-
121 742
Employee

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

66 785
-
166 909
-
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.

581
-
1 453
-
communal

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

3 483
-
8 707
-
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.

5 009
-
12 518
-
national
20 532
-
63 368
-
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.

3 138
-
7 844
-
total
32 743
-
93 890
-
Employer

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

66 785
-
166 909
-
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.

4 107
-
10 266
-
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.

5 918
-
14 787
-
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.

868
-
2 170
-
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.

974
-
2 436
-
surtax
7 573
-
18 926
-
total
19 440
-
48 585
-
Corporate
129 275
215 500
-
-
income
25 856
46 548
-
-
surtax
517
930
-
-
total
26 373
47 478
-
-
Dividends
102 902
168 022
-
-
withholding

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

30 531
50 067
-
-
total
30 531
50 067
-
-
Income
215 500
215 500
215 500
215 500
Total tax
109 087
97 545
142 475
121 742
After tax
106 413
117 955
73 025
93 758
Living cost
34 042
34 042
34 042
34 042
Free-cash
72 371
83 913
38 983
59 716

Estimated living cost  is ₽34042 per week

₽21928
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2977
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
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.
₽8606
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
₽109311
₽82732
₽86648
₽102914
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
-
-
-
215 500
accident
-
-
-
780
income
-
-
-
69 171
other
-
-
-
87
unemployment
-
-
-
606
pensions
-
-
-
24 490
total
-
-
-
95 134
Employee
46 475
-
187 912
-
other
46
-
87
-
unemployment
721
-
1 341
-
pensions
2 185
-
4 068
-
income
9 806
-
65 966
-
total
12 758
-
71 462
-
Employer
46 475
-
187 912
-
pensions
10 967
-
20 423
-
accident
920
-
1 713
-
unemployment
2 557
-
4 759
-
other
370
-
693
-
total
14 814
-
27 588
-
Corporate
154 211
215 500
-
-
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.

23 132
32 324
-
-
total
23 132
32 324
-
-
Dividends
131 079
183 176
-
-
withholding
28 164
40 147
-
-
total
28 164
40 147
-
-
Income
215 500
215 500
215 500
215 500
Total tax
78 868
72 471
99 050
95 134
After tax
136 632
143 029
116 450
120 366
Living cost
33 718
33 718
33 718
33 718
Free-cash
102 914
109 311
82 732
86 648

Estimated living cost  is ₽33718 per week

₽24830
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
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.
₽6010
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
₽70824
₽58682
₽50091
₽57981
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
-
-
-
215 500
communal
-
-
-
13 620
accident
-
-
-
1 816
income
-
-
-
41 108
surtax
-
-
-
10 684
health
-
-
-
15 142
pensions
-
-
-
32 301
total
-
-
-
114 671
Employee
70 705
-
192 495
-
pensions
5 656
-
15 400
-
surtax
4 334
-
11 797
-
income
6 829
-
47 311
-
health
3 147
-
8 567
-
total
19 966
-
83 075
-
Employer
70 705
-
192 495
-
health
2 156
-
5 872
-
pensions
5 656
-
15 400
-
accident
636
-
1 733
-
total
8 448
-
23 005
-
Corporate
136 347
215 500
-
-
communal
9 203
14 546
-
-
income
20 452
32 324
-
-
surtax
1 432
2 263
-
-
total
31 087
49 133
-
-
Dividends
105 262
166 367
-
-
income
31 490
19 849
-
-
withholding
15 790
24 956
-
-
total
47 280
44 805
-
-
Income
215 500
215 500
215 500
215 500
Total tax
106 781
93 938
106 080
114 671
After tax
108 719
121 562
109 420
100 829
Living cost
50 738
50 738
50 738
50 738
Free-cash
57 981
70 824
58 682
50 091

Estimated living cost  is ₽50738 per week

₽38061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
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.
₽9064
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
₽114577
₽74624
₽80331
₽111608
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
-
-
-
215 500
income
-
-
-
68 573
other
-
-
-
-
surtax
-
-
-
11 644
unemployment
-
-
-
213
health
-
-
-
8 846
pensions
-
-
-
24 922
total
-
-
-
114 198
Employee
31 442
-
189 271
-
other
-
-
-
-
unemployment
2 188
-
8 673
-
pensions
2 098
-
8 311
-
surtax
112
-
10 526
-
income
5 271
-
62 989
-
health
803
-
3 177
-
total
10 472
-
93 676
-
Employer
31 442
-
189 271
-
health
1 430
-
5 670
-
pensions
4 192
-
16 610
-
unemployment
998
-
3 949
-
other
-
-
-
-
total
6 620
-
26 229
-
Corporate
177 439
215 500
-
-
income
46 134
56 031
-
-
total
46 134
56 031
-
-
Dividends
131 305
159 469
-
-
withholding
19 695
23 921
-
-
total
19 695
23 921
-
-
Income
215 500
215 500
215 500
215 500
Total tax
82 921
79 952
119 905
114 198
After tax
132 579
135 548
95 595
101 302
Living cost
20 971
20 971
20 971
20 971
Free-cash
111 608
114 577
74 624
80 331

Estimated living cost  is ₽20971 per week

₽12661
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1823
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
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.
₽6001
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
₽88121
₽70501
₽78373
₽86047
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
-
-
-
215 500
social contributions
-
-
-
46 729
regional
-
-
-
3 426
municipal
-
-
-
1 350
national
-
-
-
60 471
total
-
-
-
111 976
Employee
51 791
-
215 500
-
municipal
275
-
1 233
-
national
8 205
-
54 220
-
regional
697
-
3 132
-
social contributions
17 464
-
61 263
-
total
26 641
-
119 848
-
Employer
51 791
-
215 500
-
total
-
-
-
-
Corporate
163 709
215 500
-
-
municipal
8 136
10 710
-
-
nationa
39 291
51 720
-
-
total
47 427
62 430
-
-
Dividends
116 282
153 070
-
-
withholding
30 234
39 798
-
-
total
30 234
39 798
-
-
Income
215 500
215 500
215 500
215 500
Total tax
104 302
102 228
119 848
111 976
After tax
111 198
113 272
95 652
103 524
Living cost
25 151
25 151
25 151
25 151
Free-cash
86 047
88 121
70 501
78 373

Estimated living cost  is ₽25151 per week

₽15641
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2548
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
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.
₽6531
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
₽120258
₽90050
₽99547
₽110229
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
-
-
-
215 500
income
-
-
-
23 037
social contributions
-
-
-
32 830
solidarity contribution
-
-
-
2 880
health
-
-
-
29 092
total
-
-
-
87 839
Employee
41 344
-
171 919
-
solidarity contribution
-
-
2 028
-
social contributions
2 687
-
7 308
-
income
4 961
-
21 210
-
health
5 581
-
23 209
-
total
13 229
-
53 755
-
Employer
41 344
-
171 919
-
health
3 721
-
15 473
-
social contributions
10 336
-
28 108
-
total
14 057
-
43 581
-
Corporate
160 099
215 500
-
-
income
30 419
40 945
-
-
total
30 419
40 945
-
-
Dividends
129 680
174 555
-
-
withholding
19 452
26 183
-
-
total
19 452
26 183
-
-
Income
215 500
215 500
215 500
215 500
Total tax
77 157
67 128
97 336
87 839
After tax
138 343
148 372
118 164
127 661
Living cost
28 114
28 114
28 114
28 114
Free-cash
110 229
120 258
90 050
99 547

Estimated living cost  is ₽28114 per week

₽20907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
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.
₽5163
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
₽89064
₽26702
₽80705
₽88600
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
-
-
-
215 500
income
-
-
-
69 897
surtax
-
-
-
-
unemployment
-
-
-
5 726
chamber of commerce
-
-
-
863
health
-
-
-
8 343
pensions
-
-
-
20 179
total
-
-
-
105 008
Employee
40 813
37 207
179 005
-
other
408
372
1 091
-
unemployment
1 224
1 116
3 272
-
pensions
4 180
3 809
11 169
-
income
3 636
2 744
58 899
-
health
1 579
1 440
4 220
-
total
11 027
9 481
78 651
-
Employer
40 813
37 207
179 005
-
chamber of commerce
163
149
716
-
health
1 543
1 407
4 123
-
pensions
5 122
4 670
13 689
-
accident
530
484
1 417
-
unemployment
1 224
1 116
3 272
-
surtax
-
-
-
-
payroll
1 224
1 116
5 370
-
other
1 938
1 766
7 907
-
total
11 744
10 708
36 494
-
Corporate
162 942
167 584
175 461
-
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.

40 735
41 896
43 866
-
total
40 735
41 896
43 866
-
Dividends
122 207
125 688
-
-
withholding
33 607
34 564
-
-
total
33 607
34 564
-
-
Income
215 500
215 500
215 500
215 500
Total tax
97 113
96 649
159 011
105 008
After tax
118 387
118 851
56 489
110 492
Living cost
29 787
29 787
29 787
29 787
Free-cash
88 600
89 064
26 702
80 705

Estimated living cost  is ₽29787 per week

₽17868
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3042
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
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.
₽8345
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
₽193001
₽160676
₽201621
₽190803
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%.

-
-
-
215 500
microenterprise

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

-
-
-
2 155
total
-
-
-
2 155
Employee
14 655
-
215 500
-
income
2 931
-
43 100
-
total
2 931
-
43 100
-
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%.

200 845
215 500
-
-
total
-
-
-
-
Dividends
200 845
215 500
-
-
withholding
10 042
10 775
-
-
total
10 042
10 775
-
-
Income
215 500
215 500
215 500
215 500
Total tax
12 973
10 775
43 100
2 155
After tax
202 527
204 725
172 400
213 345
Living cost
11 724
11 724
11 724
11 724
Free-cash
190 803
193 001
160 676
201 621

Estimated living cost  is ₽11724 per week

₽7934
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
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.
₽2905
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
₽123328
₽69752
₽74431
₽115518
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.

-
-
-
215 500
income
-
-
-
55 142
unemployment
-
-
-
322
health
-
-
-
21 205
pensions
-
-
-
39 357
total
-
-
-
116 026
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.

41 286
-
186 468
-
unemployment
58
-
260
-
pensions
6 400
-
28 903
-
income
7 120
-
50 465
-
health
2 667
-
12 045
-
total
16 245
-
91 673
-
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.

41 286
-
186 468
-
health
2 750
-
12 418
-
pensions
3 653
-
16 502
-
unemployment
25
-
112
-
total
6 428
-
29 032
-
Corporate
167 786
215 500
-
-
income
31 880
40 946
-
-
total
31 880
40 946
-
-
Dividends
135 906
174 554
-
-
withholding
20 386
26 183
-
-
total
20 386
26 183
-
-
Income
215 500
215 500
215 500
215 500
Total tax
74 939
67 129
120 705
116 026
After tax
140 561
148 371
94 795
99 474
Living cost
25 043
25 043
25 043
25 043
Free-cash
115 518
123 328
69 752
74 431

Estimated living cost  is ₽25043 per week

₽17186
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1605
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
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.
₽5767
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
₽91225
₽163455
₽109043
₽47256
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
-
-
-
215 500
income
-
-
-
42 005
social contributions
-
-
-
24 567
total
-
-
-
66 572
Employee
57 190
-
-
-
social contributions
4 690
-
668
-
income
12 615
-
-
-
total
17 305
-
668
-
Employer
57 190
-
-
-
social contributions
80 638
-
11 492
-
total
80 638
-
11 492
-
Corporate
77 672
215 500
-
-
income
17 088
47 410
-
-
total
17 088
47 410
-
-
Dividends
60 584
168 090
-
-
income
13 328
36 980
-
-
total
13 328
36 980
-
-
Income
215 500
215 500
215 500
215 500
Total tax
128 359
84 390
12 160
66 572
After tax
87 141
131 110
203 340
148 928
Living cost
39 885
39 885
39 885
39 885
Free-cash
47 256
91 225
163 455
109 043

Estimated living cost  is ₽39885 per week

₽25879
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3751
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
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.
₽9747
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
₽93291
₽65815
₽82849
₽92350
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.

-
-
-
215 500
income
-
-
-
28 479
surtax
-
-
-
-
social contributions

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

-
-
-
74 886
total
-
-
-
103 365
Employee
42 941
-
174 141
-
surtax
-
-
331
-
social contributions
4 724
-
19 155
-
income
8 932
-
59 554
-
total
13 656
-
79 040
-
Employer
42 941
-
174 141
-
social contributions
10 198
-
41 359
-
total
10 198
-
41 359
-
Corporate
162 361
215 500
-
-
income
34 096
45 255
-
-
surtax
-
-
-
-
total
34 096
45 255
-
-
Dividends
128 265
170 245
-
-
withholding
35 914
47 668
-
-
total
35 914
47 668
-
-
Income
215 500
215 500
215 500
215 500
Total tax
93 864
92 923
120 399
103 365
After tax
121 636
122 577
95 101
112 135
Living cost
29 286
29 286
29 286
29 286
Free-cash
92 350
93 291
65 815
82 849

Estimated living cost  is ₽29286 per week

₽21912
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
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.
₽5158
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
₽63518
₽65696
₽72357
₽69936
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
-
-
-
215 500
income
-
-
-
40 961
other
-
-
-
6 681
surtax
-
-
-
-
social contributions
-
-
-
6 141
health
-
-
-
10 705
pensions
-
-
-
33 561
total
-
-
-
98 049
Employee
58 476
-
164 140
-
pensions
6 614
-
12 512
-
surtax
-
-
-
-
social contributions
1 665
-
4 676
-
income
5 102
-
36 160
-
total
13 381
-
53 348
-
Employer
58 476
-
164 140
-
health
4 093
-
16 486
-
pensions
9 608
-
20 865
-
unemployment
2 369
-
6 648
-
social contributions
175
-
493
-
other
2 018
-
6 870
-
total
18 263
-
51 362
-
Corporate
138 760
215 500
-
-
income
38 853
60 340
-
-
surtax
-
-
-
-
total
38 853
60 340
-
-
Dividends
99 907
155 160
-
-
surtax
-
-
-
-
social contributions
17 184
26 688
-
-
withholding
12 789
19 860
-
-
total
29 973
46 548
-
-
Income
215 500
215 500
215 500
215 500
Total tax
100 470
106 888
104 710
98 049
After tax
115 030
108 612
110 790
117 451
Living cost
45 094
45 094
45 094
45 094
Free-cash
69 936
63 518
65 696
72 357

Estimated living cost  is ₽45094 per week

₽30519
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽618
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.
₽10267
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
₽165885
₽134613
₽128887
₽162748
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
-
-
-
215 500
income
-
-
-
11 139
social contributions
-
-
-
47 409
total
-
-
-
58 548
Employee
30 016
-
186 581
-
income
-
-
11 775
-
social contributions
1 951
-
12 128
-
total
1 951
-
23 903
-
Employer
30 016
-
186 581
-
social contributions
4 653
-
28 919
-
total
4 653
-
28 919
-
Corporate
180 831
215 500
-
-
income
18 083
21 550
-
-
total
18 083
21 550
-
-
Dividends
162 749
193 950
-
-
total
-
-
-
-
Income
215 500
215 500
215 500
215 500
Total tax
24 687
21 550
52 822
58 548
After tax
190 813
193 950
162 678
156 952
Living cost
28 065
28 065
28 065
28 065
Free-cash
162 748
165 885
134 613
128 887

Estimated living cost  is ₽28065 per week

₽18147
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2116
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
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.
₽7275
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
₽12067
₽12067
₽79182
₽6871
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
-
-
-
215 500
labour market
-
-
-
17 175
municipal
-
-
-
46 405
national
-
-
-
26 962
pensions
-
-
-
809
total
-
-
-
91 351
Employee
189 796
189 796
189 796
-
municipal
40 416
40 416
40 416
-
labour market
15 162
15 162
15 162
-
pensions
270
270
270
-
national
23 187
23 187
23 187
-
total
79 035
79 035
79 035
-
Employer
189 796
189 796
189 796
-
national
23 227
23 227
23 227
-
labour market
15 184
15 184
15 184
-
pensions
540
540
540
-
municipal
40 480
40 480
40 480
-
total
79 431
79 431
79 431
-
Corporate
12 066
-
-
-
income
2 655
-
-
-
total
2 655
-
-
-
Dividends
9 412
-
-
-
withholding
2 541
-
-
-
total
2 541
-
-
-
Income
215 500
215 500
215 500
215 500
Total tax
163 662
158 466
158 466
91 351
After tax
51 838
57 034
57 034
124 149
Living cost
44 967
44 967
44 967
44 967
Free-cash
6 871
12 067
12 067
79 182

Estimated living cost  is ₽44967 per week

₽30776
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3978
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽692
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.
₽9522
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
-₽3078
₽98232
₽126609
₽14306
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
-
-
-
215 500
accident
-
-
-
239
income
-
-
-
61 761
other
-
-
-
351
health
-
-
-
2 066
pensions
-
-
-
3 941
total
-
-
-
68 358
Employee
32 300
-
196 949
-
pensions
3 637
-
7 227
-
income
4 431
-
48 407
-
health
3 699
-
22 551
-
total
11 767
-
78 185
-
Employer
32 300
-
196 949
-
pensions
5 252
-
10 436
-
accident
539
-
3 289
-
unemployment
791
-
4 825
-
total
6 582
-
18 550
-
Corporate
176 618
215 500
-
-
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.

158 956
193 950
-
-
total
158 956
193 950
-
-
Dividends
17 662
21 550
-
-
withholding
3 356
4 095
-
-
total
3 356
4 095
-
-
Income
215 500
215 500
215 500
215 500
Total tax
180 661
198 045
96 735
68 358
After tax
34 839
17 455
118 765
147 142
Living cost
20 533
20 533
20 533
20 533
Free-cash
14 306
-3 078
98 232
126 609

Estimated living cost  is ₽20533 per week

₽14946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1171
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.
₽4031
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
₽96021
₽71049
₽95734
₽98905
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

-
-
-
215 500
health
-
-
-
2 929
municipal
-
-
-
38 263
national
-
-
-
42 729
total
-
-
-
83 921
Employee
49 121
-
181 290
-
municipal
8 046
-
29 507
-
unemployment
737
-
2 720
-
pensions
3 315
-
12 238
-
national
811
-
27 529
-
health
367
-
2 403
-
total
13 276
-
74 397
-
Employer
49 121
-
181 290
-
health
377
-
1 396
-
pensions
8 522
-
31 454
-
accident
50
-
181
-
unemployment
319
-
1 178
-
total
9 268
-
34 209
-
Corporate
157 110
215 500
-
-
income
31 423
43 100
-
-
total
31 423
43 100
-
-
Dividends

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

94 266
129 300
-
-
municipal
16 968
23 274
-
-
national
9 815
17 260
-
-
total
26 783
40 534
-
-
Income
215 500
215 500
215 500
215 500
Total tax
80 750
83 634
108 606
83 921
After tax
134 750
131 866
106 894
131 579
Living cost
35 845
35 845
35 845
35 845
Free-cash
98 905
96 021
71 049
95 734

Estimated living cost  is ₽35845 per week

₽23414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3448
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
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.
₽8414
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
₽135427
₽121363
₽123122
₽130347
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
-
-
-
215 500
income
-
-
-
50 159
social contributions
-
-
-
15 106
health
-
-
-
5 496
total
-
-
-
70 761
Employee
71 793
71 793
203 695
-
social contributions
2 714
5 958
8 037
-
income
7 817
6 646
49 215
-
health
556
1 221
3 462
-
total
11 087
13 825
60 714
-
Employer
71 793
71 793
203 695
-
health
604
1 329
3 769
-
social contributions
2 714
5 958
8 037
-
total
3 318
7 287
11 806
-
Corporate
179 477
136 419
-
-
income
22 434
17 052
-
-
total
22 434
17 052
-
-
Dividends
157 043
119 368
-
-
withholding
26 697
20 292
-
-
total
26 697
20 292
-
-
Income
215 500
215 500
215 500
215 500
Total tax
63 536
58 456
72 520
70 761
After tax
151 964
157 044
142 980
144 739
Living cost
21 617
21 617
21 617
21 617
Free-cash
130 347
135 427
121 363
123 122

Estimated living cost  is ₽21617 per week

₽12955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2121
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
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.
₽6063
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
₽163631
₽150259
₽168983
₽158883
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
-
-
-
215 500
income
-
-
-
22 348
unemployment
-
-
-
27
health
-
-
-
3 379
pensions
-
-
-
5 939
total
-
-
-
31 693
Employee

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

21 431
-
206 375
-
unemployment
106
-
443
-
pensions
3 214
-
13 288
-
income
1 465
-
20 032
-
health
1 821
-
7 530
-
total
6 606
-
41 293
-
Employer

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

21 431
-
206 375
-
health
921
-
3 809
-
pensions
1 178
-
4 872
-
unemployment
106
-
443
-
total
2 205
-
9 124
-
Corporate
191 864
215 500
-
-
income
17 268
19 396
-
-
total
17 268
19 396
-
-
Dividends
174 596
196 104
-
-
withholding
15 714
17 649
-
-
total
15 714
17 649
-
-
Income
215 500
215 500
215 500
215 500
Total tax
41 793
37 045
50 417
31 693
After tax
173 707
178 455
165 083
183 807
Living cost
14 824
14 824
14 824
14 824
Free-cash
158 883
163 631
150 259
168 983

Estimated living cost  is ₽14824 per week

₽9458
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1068
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
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.
₽3855
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
₽117355
₽90776
₽94692
₽113231
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
-
-
-
215 500
accident
-
-
-
780
income
-
-
-
69 171
other
-
-
-
87
unemployment
-
-
-
606
pensions
-
-
-
24 490
total
-
-
-
95 134
Employee
34 523
-
187 912
-
other
34
-
87
-
unemployment
535
-
1 341
-
pensions
1 623
-
4 068
-
income
6 656
-
65 966
-
total
8 848
-
71 462
-
Employer
34 523
-
187 912
-
pensions
8 147
-
20 423
-
accident
684
-
1 713
-
unemployment
1 899
-
4 759
-
other
276
-
693
-
total
11 006
-
27 588
-
Corporate
169 971
215 500
-
-
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.

25 496
32 324
-
-
total
25 496
32 324
-
-
Dividends
144 475
183 176
-
-
withholding
31 245
40 147
-
-
total
31 245
40 147
-
-
Income
215 500
215 500
215 500
215 500
Total tax
76 595
72 471
99 050
95 134
After tax
138 905
143 029
116 450
120 366
Living cost
25 674
25 674
25 674
25 674
Free-cash
113 231
117 355
90 776
94 692

Estimated living cost  is ₽25674 per week

₽17330
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
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.
₽5427
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
₽132581
₽136938
₽137074
₽132269
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
-
-
-
215 500
income
-
-
-
74 156
health
-
-
-
1 000
pensions
-
-
-
1 379
total
-
-
-
76 535
Employee
2 880
-
213 948
-
unemployment
29
-
69
-
pensions
259
-
621
-
income
557
-
74 084
-
health
144
-
345
-
total
989
-
75 119
-
Employer
2 880
-
213 948
-
health
274
-
655
-
pensions
317
-
759
-
unemployment
58
-
138
-
total
649
-
1 552
-
Corporate
211 972
215 500
-
-
income
46 634
47 410
-
-
total
46 634
47 410
-
-
Dividends
165 338
168 090
-
-
withholding
33 068
33 618
-
-
total
33 068
33 618
-
-
Income
215 500
215 500
215 500
215 500
Total tax
81 340
81 028
76 671
76 535
After tax
134 160
134 472
138 829
138 965
Living cost
1 891
1 891
1 891
1 891
Free-cash
132 269
132 581
136 938
137 074

Estimated living cost  is ₽1891 per week

₽1124
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽153
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
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.
₽571
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
₽139552
₽123296
₽123296
₽134957
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.

-
-
-
215 500
income
-
-
-
49 975
unemployment
-
-
-
1 035
health
-
-
-
7 107
pensions
-
-
-
17 940
total
-
-
-
76 057
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.

24 348
-
203 149
-
unemployment
183
-
517
-
pensions
3 409
-
9 660
-
income
3 356
-
49 975
-
health
1 254
-
3 554
-
total
8 202
-
63 706
-
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.

24 348
-
203 149
-
health
1 254
-
3 554
-
pensions
2 922
-
8 280
-
unemployment
183
-
517
-
total
4 359
-
12 351
-
Corporate
186 794
215 500
-
-
income
28 019
32 325
-
-
total
28 019
32 325
-
-
Dividends
158 775
183 175
-
-
withholding
23 816
27 476
-
-
total
23 816
27 476
-
-
Income
215 500
215 500
215 500
215 500
Total tax
64 396
59 801
76 057
76 057
After tax
151 104
155 699
139 443
139 443
Living cost
16 147
16 147
16 147
16 147
Free-cash
134 957
139 552
123 296
123 296

Estimated living cost  is ₽16147 per week

₽10871
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1249
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
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.
₽3559
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
₽97406
₽69930
₽86964
₽97067
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.

-
-
-
215 500
income
-
-
-
28 479
surtax
-
-
-
-
social contributions

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

-
-
-
74 886
total
-
-
-
103 365
Employee
36 237
-
174 141
-
surtax
-
-
331
-
social contributions
3 987
-
19 155
-
income
7 081
-
59 554
-
total
11 068
-
79 040
-
Employer
36 237
-
174 141
-
social contributions
8 606
-
41 359
-
total
8 606
-
41 359
-
Corporate
170 657
215 500
-
-
income
35 838
45 255
-
-
surtax
-
-
-
-
total
35 838
45 255
-
-
Dividends
134 820
170 245
-
-
withholding
37 750
47 668
-
-
total
37 750
47 668
-
-
Income
215 500
215 500
215 500
215 500
Total tax
93 262
92 923
120 399
103 365
After tax
122 238
122 577
95 101
112 135
Living cost
25 171
25 171
25 171
25 171
Free-cash
97 067
97 406
69 930
86 964

Estimated living cost  is ₽25171 per week

₽17828
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
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.
₽5149
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
₽110216
₽83637
₽87553
₽104108
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
-
-
-
215 500
accident
-
-
-
780
income
-
-
-
69 171
other
-
-
-
87
unemployment
-
-
-
606
pensions
-
-
-
24 490
total
-
-
-
95 134
Employee
45 091
-
187 912
-
other
44
-
87
-
unemployment
698
-
1 341
-
pensions
2 119
-
4 068
-
income
9 418
-
65 966
-
total
12 279
-
71 462
-
Employer
45 091
-
187 912
-
pensions
10 641
-
20 423
-
accident
893
-
1 713
-
unemployment
2 480
-
4 759
-
other
361
-
693
-
total
14 375
-
27 588
-
Corporate
156 033
215 500
-
-
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.

23 405
32 324
-
-
total
23 405
32 324
-
-
Dividends
132 627
183 176
-
-
withholding
28 520
40 147
-
-
total
28 520
40 147
-
-
Income
215 500
215 500
215 500
215 500
Total tax
78 579
72 471
99 050
95 134
After tax
136 921
143 029
116 450
120 366
Living cost
32 813
32 813
32 813
32 813
Free-cash
104 108
110 216
83 637
87 553

Estimated living cost  is ₽32813 per week

₽23565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2551
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
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.
₽6235
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
₽168189
₽167401
₽158402
₽162496
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
-
-
-
215 500
income
-
-
-
32 325
unemployment
-
-
-
130
health
-
-
-
3 751
pensions

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

-
-
-
4 828
total
-
-
-
41 034
Employee
21 272
-
209 100
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
pensions

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

1 867
-
2 864
-
income
2 128
-
20 910
-
health
979
-
1 501
-
total
5 208
-
25 634
-
Employer
21 272
-
209 100
-
health
1 468
-
2 251
-
pensions

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

2 344
-
3 595
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
unemployment
128
-
196
-
total
4 174
-
6 401
-
Corporate
190 055
215 500
-
-
income
19 005
21 550
-
-
total
19 005
21 550
-
-
Dividends
171 049
193 950
-
-
withholding
8 553
9 697
-
-
total
8 553
9 697
-
-
Income
215 500
215 500
215 500
215 500
Total tax
36 940
31 247
32 035
41 034
After tax
178 560
184 253
183 465
174 466
Living cost
16 064
16 064
16 064
16 064
Free-cash
162 496
168 189
167 401
158 402

Estimated living cost  is ₽16064 per week

₽10625
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽920
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽383
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.
₽4137
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
₽74779
₽96827
₽72132
₽86993
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.

-
-
-
215 500
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.

-
-
-
72 273
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.

-
-
-
3 976
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.

-
-
-
6 378
trade
-
-
-
24 695
total
-
-
-
107 322
Employee

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

46 455
-
215 500
-
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.

211
-
3 976
-
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.

3 820
-
72 273
-
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.

6 378
-
6 378
-
total
10 409
-
82 627
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
169 045
215 500
-
-
income
25 356
32 324
-
-
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.

1 394
1 777
-
-
chamber of commerce
390
457
-
-
trade
24 257
30 925
-
-
total
51 397
65 483
-
-
Dividends
117 647
150 017
-
-
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.

1 598
2 043
-
-
withholding
29 057
37 149
-
-
total
30 655
39 192
-
-
Income
215 500
215 500
215 500
215 500
Total tax
92 461
104 675
82 627
107 322
After tax
123 039
110 825
132 873
108 178
Living cost
36 046
36 046
36 046
36 046
Free-cash
86 993
74 779
96 827
72 132

Estimated living cost  is ₽36046 per week

₽24865
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
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.
₽6779
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
₽97665
₽54412
₽54412
₽99727
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
-
-
-
215 500
income
-
-
-
70 768
social contributions
-
-
-
37 135
total
-
-
-
107 903
Employee
73 032
-
215 500
-
income
13 781
-
70 768
-
social contributions
6 067
-
37 135
-
total
19 848
-
107 903
-
Employer
73 032
-
215 500
-
total
-
-
-
-
Corporate
142 468
215 500
-
-
income
17 808
26 938
-
-
total
17 808
26 938
-
-
Dividends
124 659
188 562
-
-
withholding
24 932
37 712
-
-
total
24 932
37 712
-
-
Income
215 500
215 500
215 500
215 500
Total tax
62 588
64 650
107 903
107 903
After tax
152 912
150 850
107 597
107 597
Living cost
53 185
53 185
53 185
53 185
Free-cash
99 727
97 665
54 412
54 412

Estimated living cost  is ₽53185 per week

₽40462
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4334
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
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.
₽7881
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
₽101250
₽116218
₽143627
₽104513
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.

-
-
-
215 500
income
-
-
-
32 324
health

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

-
-
-
5 657
total
-
-
-
37 981
Employee
42 830
-
211 205
-
income
4 647
-
56 800
-
social contributions
4 291
-
4 295
-
total
8 938
-
61 095
-
Employer
42 830
-
211 205
-
social contributions
4 291
-
4 295
-
total
4 291
-
4 295
-
Corporate
168 378
215 500
-
-
income
58 933
75 425
-
-
total
58 933
75 425
-
-
Dividends
109 445
140 075
-
-
social contributions
4 933
4 933
-
-
total
4 933
4 933
-
-
Income
215 500
215 500
215 500
215 500
Total tax
77 095
80 358
65 390
37 981
After tax
138 405
135 142
150 110
177 519
Living cost
33 892
33 892
33 892
33 892
Free-cash
104 513
101 250
116 218
143 627

Estimated living cost  is ₽33892 per week

₽22324
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2672
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
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.
₽8375
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
₽100804
₽85065
₽104291
₽106358
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
-
-
-
215 500
income
-
-
-
66 933
pensions
-
-
-
9 443
total
-
-
-
76 376
Employee
47 813
-
187 784
-
pensions
3 649
-
11 248
-
income
8 707
-
54 114
-
health
624
-
2 526
-
total
12 980
-
67 888
-
Employer
47 813
-
187 784
-
health
909
-
3 569
-
pensions
4 831
-
24 145
-
total
5 740
-
27 714
-
Corporate
161 948
215 500
-
-
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.

30 770
40 946
-
-
total
30 770
40 946
-
-
Dividends
131 177
174 554
-
-
withholding
24 819
38 917
-
-
total
24 819
38 917
-
-
Income
215 500
215 500
215 500
215 500
Total tax
74 309
79 863
95 602
76 376
After tax
141 191
135 637
119 898
139 124
Living cost
34 833
34 833
34 833
34 833
Free-cash
106 358
100 804
85 065
104 291

Estimated living cost  is ₽34833 per week

₽23895
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3203
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.
₽7297
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
-₽5111
₽96199
₽124576
₽13992
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
-
-
-
215 500
accident
-
-
-
239
income
-
-
-
61 761
other
-
-
-
351
health
-
-
-
2 066
pensions
-
-
-
3 941
total
-
-
-
68 358
Employee
35 497
-
196 949
-
pensions
3 997
-
7 227
-
income
4 870
-
48 407
-
health
4 064
-
22 551
-
total
12 931
-
78 185
-
Employer
35 497
-
196 949
-
pensions
5 772
-
10 436
-
accident
593
-
3 289
-
unemployment
870
-
4 825
-
total
7 235
-
18 550
-
Corporate
172 769
215 500
-
-
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.

155 493
193 950
-
-
total
155 493
193 950
-
-
Dividends
17 277
21 550
-
-
withholding
3 283
4 095
-
-
total
3 283
4 095
-
-
Income
215 500
215 500
215 500
215 500
Total tax
178 942
198 045
96 735
68 358
After tax
36 558
17 455
118 765
147 142
Living cost
22 566
22 566
22 566
22 566
Free-cash
13 992
-5 111
96 199
124 576

Estimated living cost  is ₽22566 per week

₽16561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1315
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
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.
₽4235
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
₽152244
₽146052
₽125518
₽149420
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.

-
-
-
215 500
income
-
-
-
36 302
unemployment
-
-
-
1 792
work injury
-
-
-
747
health insurance
-
-
-
11 051
pensions
-
-
-
27 477
total
-
-
-
77 369
Employee

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

20 181
-
215 500
-
health insurance
1 493
-
5 525
-
unemployment
242
-
896
-
work injury
101
-
373
-
pensions
3 713
-
13 739
-
income
2 018
-
36 302
-
total
7 567
-
56 835
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
195 319
215 500
-
-
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%.

19 532
21 550
-
-
total
19 532
21 550
-
-
Dividends
175 787
193 950
-
-
withholding
26 368
29 093
-
-
total
26 368
29 093
-
-
Income
215 500
215 500
215 500
215 500
Total tax
53 467
50 643
56 835
77 369
After tax
162 033
164 857
158 665
138 131
Living cost
12 613
12 613
12 613
12 613
Free-cash
149 420
152 244
146 052
125 518

Estimated living cost  is ₽12613 per week

₽7814
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽917
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
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.
₽3489
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
₽76315
₽56612
₽64281
₽72069
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
-
-
-
215 500
social contributions
-
-
-
46 729
regional
-
-
-
5 307
municipal
-
-
-
1 518
national
-
-
-
60 471
total
-
-
-
114 025
Employee
78 675
-
215 500
-
municipal
470
-
1 387
-
national
13 295
-
54 220
-
regional
1 188
-
4 824
-
social contributions
26 529
-
61 263
-
total
41 482
-
121 694
-
Employer
78 675
-
215 500
-
total
-
-
-
-
Corporate
136 825
215 500
-
-
municipal
6 595
10 388
-
-
nationa
32 838
51 720
-
-
total
39 433
62 108
-
-
Dividends
97 392
153 392
-
-
withholding
25 322
39 883
-
-
total
25 322
39 883
-
-
Income
215 500
215 500
215 500
215 500
Total tax
106 237
101 991
121 694
114 025
After tax
109 263
113 509
93 806
101 475
Living cost
37 194
37 194
37 194
37 194
Free-cash
72 069
76 315
56 612
64 281

Estimated living cost  is ₽37194 per week

₽26127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2558
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
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.
₽7946
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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