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
₽ 2210000
per

Your estimated
City
free-cash

Dresden , Germany
₽241960
₽181210
-₽361998
₽241960
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.

-
-
-
2 210 000
income

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

-
-
-
137 898
trade
-
-
-
-
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.

-
-
-
335 428
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.

-
-
-
7 547
total
-
-
-
480 873
Employee

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

1 877 941
-
2 210 000
-
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.

335 428
-
335 428
-
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.

52 457
-
137 898
-
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.

2 888
-
7 547
-
total
390 773
-
480 873
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
332 059
2 210 000
-
-
trade
52 271
348 100
-
-
income
49 848
331 515
-
-
chamber of commerce
7 920
10 622
-
-
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.

2 702
18 262
-
-
total
112 741
708 499
-
-
Dividends
219 318
1 501 501
-
-
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.

1 957
19 660
-
-
withholding
36 152
356 672
-
-
total
38 109
376 332
-
-
Income
2 210 000
2 210 000
2 210 000
2 210 000
Total tax
541 623
1 084 831
480 873
480 873
After tax
1 668 377
1 125 169
1 729 127
1 729 127
Living cost
1 487 167
1 487 167
1 487 167
1 487 167
Free-cash
181 210
-361 998
241 960
241 960

Estimated living cost  is ₽1487167 per year

₽935472
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽173398
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽27766
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.
₽350523
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
-₽1107382
-₽2099173
-₽1169463
-₽1124727
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
-
-
-
2 210 000
pensions
-
-
-
265 200
municipal
-
-
-
195 038
social contributions
-
-
-
23 758
national
-
-
-
302 228
total
-
-
-
786 224
Employee
3 950 651
-
1 910 526
-
national
756 152
-
315 485
-
municipal
487 970
-
203 593
-
pensions
158 026
-
76 421
-
total
1 402 148
-
595 499
-
Employer
3 950 651
-
1 910 526
-
pensions
316 052
-
152 842
-
social contributions
42 470
-
20 538
-
total
358 522
-
173 380
-
Corporate
-
2 210 000
-
-
income

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

-
442 000
-
-
total
-
442 000
-
-
Dividends
-
1 768 000
-
-
withholding
-
388 960
-
-
total
-
388 960
-
-
Income
2 210 000
2 210 000
2 210 000
2 210 000
Total tax
1 760 670
830 960
768 879
786 224
After tax
449 330
1 379 040
1 441 121
1 423 776
Living cost
2 548 503
2 548 503
2 548 503
2 548 503
Free-cash
-2 099 173
-1 169 463
-1 107 382
-1 124 727

Estimated living cost  is ₽2548503 per year

₽1732190
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽236903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽38144
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.
₽541266
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
₽246538
₽343813
₽746513
₽702441
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.

-
-
-
2 210 000
income
-
-
-
-
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.

-
-
-
154 577
microenterprise
-
-
-
331 515
surtax
-
-
-
-
total
-
-
-
486 092
Employee
1 434 696
-
1 780 931
-
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.

157 838
-
195 946
-
income
255 391
-
316 980
-
surtax
-
-
-
-
total
413 229
-
512 926
-
Employer
1 434 696
-
1 780 931
-
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.

345 584
-
429 069
-
surtax
-
-
-
-
total
345 584
-
429 069
-
Corporate
429 720
2 210 000
-
-
income

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

85 907
442 020
-
-
total
85 907
442 020
-
-
Dividends

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

343 813
1 767 980
-
-
total
-
-
-
-
Income
2 210 000
2 210 000
2 210 000
2 210 000
Total tax
844 720
442 020
941 995
486 092
After tax
1 365 280
1 767 980
1 268 005
1 723 908
Living cost
1 021 467
1 021 467
1 021 467
1 021 467
Free-cash
343 813
746 513
246 538
702 441

Estimated living cost  is ₽1021467 per year

₽651663
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽97274
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽23200
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.
₽249335
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
-₽2665614
-₽2665614
-₽2390003
-₽787380
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
-
-
-
2 210 000
income
-
-
-
203 452
pensions
-
-
-
397 855
health
-
-
-
339 248
total
-
-
-
940 555
Employee
4 192 853
4 192 853
4 192 853
-
health
643 556
547 400
643 556
-
income

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

686 303
686 303
686 303
-
pensions
754 714
575 259
754 714
-
total
2 084 573
1 808 962
2 084 573
-
Employer
4 192 853
4 192 853
4 192 853
-
pensions
291 823
291 823
291 823
-
unemployment
150 943
150 943
150 943
-
health
291 450
291 450
291 450
-
total
734 216
734 216
734 216
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
2 210 000
2 210 000
2 210 000
2 210 000
Total tax
2 818 789
2 543 178
2 818 789
940 555
After tax
-608 789
-333 178
-608 789
1 269 445
Living cost
2 056 825
2 056 825
2 056 825
2 056 825
Free-cash
-2 665 614
-2 390 003
-2 665 614
-787 380

Estimated living cost  is ₽2056825 per year

₽1457622
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽185417
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽32704
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.
₽381084
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
-₽840693
-₽1574292
-₽814205
-₽919199
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
-
-
-
2 210 000
other
-
-
-
256 799
pensions
-
-
-
238 902
unemployment
-
-
-
2 207
accident
-
-
-
4 423
municipal
-
-
-
468 107
health
-
-
-
137 898
national
-
-
-
-
total
-
-
-
1 108 336
Employee
2 879 542
-
1 681 633
-
national
-
-
-
-
municipal
858 679
-
501 463
-
total
858 679
-
501 463
-
Employer
2 879 542
-
1 681 633
-
other
334 607
-
195 405
-
accident
5 761
-
3 366
-
pensions
311 273
-
181 787
-
unemployment
76 018
-
44 392
-
health
177 091
-
103 417
-
total
904 750
-
528 367
-
Corporate
-
2 210 000
-
-
income
-
486 199
-
-
total
-
486 199
-
-
Dividends
-
1 723 801
-
-
withholding
-
517 143
-
-
total
-
517 143
-
-
Income
2 210 000
2 210 000
2 210 000
2 210 000
Total tax
1 763 429
1 003 342
1 029 830
1 108 336
After tax
446 571
1 206 658
1 180 170
1 101 664
Living cost
2 020 863
2 020 863
2 020 863
2 020 863
Free-cash
-1 574 292
-814 205
-840 693
-919 199

Estimated living cost  is ₽2020863 per year

₽1339347
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽198303
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽30688
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.
₽452528
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
-₽199684
-₽279908
-₽815009
-₽199684
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.

-
-
-
2 210 000
income

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

-
-
-
137 898
trade
-
-
-
-
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.

-
-
-
335 428
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.

-
-
-
7 547
total
-
-
-
480 873
Employee

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

2 489 908
-
2 210 000
-
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.

335 428
-
335 428
-
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.

213 929
-
137 898
-
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.

11 740
-
7 547
-
total
561 097
-
480 873
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
2 210 000
-
-
trade
-
363 567
-
-
income
-
331 515
-
-
chamber of commerce
-
10 622
-
-
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.

-
18 262
-
-
total
-
723 966
-
-
Dividends
-
1 486 034
-
-
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.

-
19 380
-
-
withholding
-
352 852
-
-
total
-
372 232
-
-
Income
2 210 000
2 210 000
2 210 000
2 210 000
Total tax
561 097
1 096 198
480 873
480 873
After tax
1 648 903
1 113 802
1 729 127
1 729 127
Living cost
1 928 811
1 928 811
1 928 811
1 928 811
Free-cash
-279 908
-815 009
-199 684
-199 684

Estimated living cost  is ₽1928811 per year

₽1290001
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽203400
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽28791
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.
₽406614
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
-₽189229
-₽224357
-₽492792
₽216359
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
-
-
-
2 210 000
income
-
-
-
-
social contributions
-
-
-
344 746
health
-
-
-
56 371
total
-
-
-
401 117
Employee
3 775 476
3 775 476
3 775 476
-
social contributions
183 461
313 346
166 503
-
health
37 549
64 197
34 102
-
income
396 458
349 498
402 514
-
total
617 468
727 041
603 119
-
Employer
3 775 476
3 775 476
3 775 476
-
social contributions
183 461
313 346
166 503
-
health
40 904
69 881
37 083
-
total
224 365
383 227
203 586
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
2 210 000
2 210 000
2 210 000
2 210 000
Total tax
841 833
1 110 268
806 705
401 117
After tax
1 368 167
1 099 732
1 403 295
1 808 883
Living cost
1 592 524
1 592 524
1 592 524
1 592 524
Free-cash
-224 357
-492 792
-189 229
216 359

Estimated living cost  is ₽1592524 per year

₽1088651
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽124388
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽26741
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.
₽352759
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
₽411360
₽402839
₽384720
₽661186
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
-
-
-
2 210 000
income
-
-
-
270 172
pensions
-
-
-
221 000
unemployment
-
-
-
33 150
health
-
-
-
154 700
total
-
-
-
679 022
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.

1 255 564
499 696
1 849 372
-
health
87 889
34 979
129 456
-
unemployment
18 833
7 495
27 741
-
income
153 493
61 088
226 086
-
pensions
125 556
49 970
184 937
-
total
385 771
153 532
568 220
-
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.

1 255 564
499 696
1 849 372
-
pensions
244 835
97 441
360 628
-
total
244 835
97 441
360 628
-
Corporate
709 601
1 612 863
-
-
income
63 864
145 158
-
-
total
63 864
145 158
-
-
Dividends
645 737
1 467 706
-
-
withholding
122 690
278 864
-
-
social contributions
120 209
280 493
-
-
total
242 899
559 357
-
-
Income
2 210 000
2 210 000
2 210 000
2 210 000
Total tax
937 369
955 488
928 848
679 022
After tax
1 272 631
1 254 512
1 281 152
1 530 978
Living cost
869 792
869 792
869 792
869 792
Free-cash
402 839
384 720
411 360
661 186

Estimated living cost  is ₽869792 per year

₽593557
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽71166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽17379
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.
₽187690
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
₽171811
₽277098
₽582059
₽95036
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
-
-
-
2 210 000
income
-
-
-
199 766
pensions
-
-
-
442 020
health
-
-
-
287 257
total
-
-
-
929 043
Employee
1 392 862
-
1 651 698
-
unemployment
22 269
-
26 462
-
income
156 813
-
234 427
-
pensions
27 859
-
33 077
-
total
206 941
-
293 966
-
Employer
1 392 862
-
1 651 698
-
pensions
278 592
-
330 304
-
unemployment
11 181
-
13 231
-
health
181 038
-
214 767
-
total
470 811
-
558 302
-
Corporate
346 328
2 210 000
-
-
income
69 229
442 020
-
-
total
69 229
442 020
-
-
Dividends
277 099
1 767 980
-
-
total
-
-
-
-
Income
2 210 000
2 210 000
2 210 000
2 210 000
Total tax
746 981
442 020
852 268
929 043
After tax
1 463 019
1 767 980
1 357 732
1 280 957
Living cost
1 185 921
1 185 921
1 185 921
1 185 921
Free-cash
277 098
582 059
171 811
95 036

Estimated living cost  is ₽1185921 per year

₽813413
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽70626
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽23853
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.
₽278033
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
₽75731
₽11618
-₽912315
₽442213
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
-
-
-
2 210 000
other
-
-
-
18 384
income
-
-
-
330 959
pensions
-
-
-
206 401
accident
-
-
-
12 526
health
-
-
-
108 185
total
-
-
-
676 455
Employee
1 716 722
-
1 835 824
-
health
196 564
-
210 205
-
income
235 519
-
251 848
-
pensions
193 307
-
206 729
-
total
625 390
-
668 782
-
Employer
1 716 722
-
1 835 824
-
accident
28 658
-
30 648
-
pensions
279 151
-
298 519
-
unemployment
42 058
-
44 988
-
total
349 867
-
374 155
-
Corporate
143 410
2 210 000
-
-
income

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

129 061
1 988 990
-
-
total
129 061
1 988 990
-
-
Dividends
14 349
221 010
-
-
withholding
2 732
41 993
-
-
total
2 732
41 993
-
-
Income
2 210 000
2 210 000
2 210 000
2 210 000
Total tax
1 107 050
2 030 983
1 042 937
676 455
After tax
1 102 950
179 017
1 167 063
1 533 545
Living cost
1 091 332
1 091 332
1 091 332
1 091 332
Free-cash
11 618
-912 315
75 731
442 213

Estimated living cost  is ₽1091332 per year

₽799854
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽60465
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽22778
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.
₽208259
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
₽1361801
₽1617168
₽1693324
₽1781719
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%.

-
-
-
2 210 000
microenterprise

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

-
-
-
22 092
total
-
-
-
22 092
Employee
507 720
-
2 210 000
-
income
101 531
-
442 010
-
total
101 531
-
442 010
-
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%.

1 702 280
2 210 000
-
-
total
-
-
-
-
Dividends
1 702 280
2 210 000
-
-
withholding
85 112
110 487
-
-
total
85 112
110 487
-
-
Income
2 210 000
2 210 000
2 210 000
2 210 000
Total tax
186 643
110 487
442 010
22 092
After tax
2 023 357
2 099 513
1 767 990
2 187 908
Living cost
406 189
406 189
406 189
406 189
Free-cash
1 617 168
1 693 324
1 361 801
1 781 719

Estimated living cost  is ₽406189 per year

₽251724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽33764
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽11165
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.
₽109532
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
-₽12795
-₽22021
₽315365
-₽111654
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
-
-
-
2 210 000
other
-
-
-
105 008
income
-
-
-
280 735
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.

-
-
-
530 349
health
-
-
-
97 274
total
-
-
-
1 013 366
Employee
1 782 733
-
1 765 278
-
health
24 971
-
24 691
-
unemployment
17 796
-
17 610
-
income
306 917
-
303 935
-
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.

124 761
-
123 549
-
total
474 445
-
469 785
-
Employer
1 782 733
-
1 765 278
-
other
89 168
-
88 236
-
accident
14 256
-
14 163
-
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.

303 097
-
300 022
-
unemployment
17 796
-
17 610
-
health
24 971
-
24 691
-
total
449 288
-
444 722
-
Corporate
-
2 210 000
-
-
income
-
464 102
-
-
total
-
464 102
-
-
Dividends
-
1 745 898
-
-
withholding
-
122 245
-
-
total
-
122 245
-
-
Income
2 210 000
2 210 000
2 210 000
2 210 000
Total tax
923 733
586 347
914 507
1 013 366
After tax
1 286 267
1 623 653
1 295 493
1 196 634
Living cost
1 308 288
1 308 288
1 308 288
1 308 288
Free-cash
-22 021
315 365
-12 795
-111 654

Estimated living cost  is ₽1308288 per year

₽924384
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽88329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽21057
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.
₽274492
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
-₽1858033
-₽3149158
-₽1675389
-₽1655753
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
-
-
-
2 210 000
income
-
-
-
418 820
pensions
-
-
-
115 729
total
-
-
-
534 549
Employee
4 713 157
-
1 991 266
-
health
77 665
-
21 830
-
income
849 597
-
368 250
-
pensions
454 691
-
128 015
-
total
1 381 953
-
518 095
-
Employer
4 713 157
-
1 991 266
-
pensions
556 489
-
180 889
-
health
89 512
-
37 845
-
total
646 001
-
218 734
-
Corporate
-
2 210 000
-
-
income

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

-
419 917
-
-
total
-
419 917
-
-
Dividends
-
1 790 083
-
-
withholding
-
134 268
-
-
total
-
134 268
-
-
Income
2 210 000
2 210 000
2 210 000
2 210 000
Total tax
2 027 954
554 185
736 829
534 549
After tax
182 046
1 655 815
1 473 171
1 675 451
Living cost
3 331 204
3 331 204
3 331 204
3 331 204
Free-cash
-3 149 158
-1 675 389
-1 858 033
-1 655 753

Estimated living cost  is ₽3331204 per year

₽2496137
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽391396
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽27095
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.
₽416626
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
₽793388
₽1017234
₽1245463
₽776227
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
-
-
-
2 210 000
income
-
-
-
331 478
pensions

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

-
-
-
253 971
unemployment
-
-
-
6 864
health
-
-
-
197 342
total
-
-
-
789 655
Employee
852 900
-
1 873 327
-
accident

We are using the highest rate at 1.1%.

9 390
-
18 876
-
health
39 230
-
78 937
-
income
85 277
-
187 332
-
pensions

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

74 885
-
150 676
-
total
208 782
-
435 821
-
Employer
852 900
-
1 873 327
-
accident

We are using the highest rate at 1.1%.

9 390
-
18 876
-
pensions

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

94 000
-
189 096
-
unemployment
5 100
-
10 296
-
health
58 869
-
118 405
-
total
167 359
-
336 673
-
Corporate
1 189 740
2 210 000
-
-
income
118 977
220 985
-
-
total
118 977
220 985
-
-
Dividends
1 070 763
1 989 015
-
-
withholding
53 530
99 434
-
-
total
53 530
99 434
-
-
Income
2 210 000
2 210 000
2 210 000
2 210 000
Total tax
548 648
320 419
772 494
789 655
After tax
1 661 352
1 889 581
1 437 506
1 420 345
Living cost
644 118
644 118
644 118
644 118
Free-cash
1 017 234
1 245 463
793 388
776 227

Estimated living cost  is ₽644118 per year

₽376046
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽45999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽17065
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.
₽205017
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
-₽3331399
-₽3139085
-₽3055788
-₽1453165
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
-
-
-
2 210 000
income
-
-
-
203 452
pensions
-
-
-
397 855
health
-
-
-
339 248
total
-
-
-
940 555
Employee
4 552 092
4 192 853
4 192 853
-
health
567 899
547 400
643 556
-
income

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

686 303
686 303
686 303
-
pensions
575 259
575 259
754 714
-
total
1 829 461
1 808 962
2 084 573
-
Employer
4 552 092
4 192 853
4 192 853
-
pensions
316 793
291 823
291 823
-
unemployment
163 894
150 943
150 943
-
health
316 327
291 450
291 450
-
total
797 014
734 216
734 216
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
2 210 000
2 210 000
2 210 000
2 210 000
Total tax
2 626 475
2 543 178
2 818 789
940 555
After tax
-416 475
-333 178
-608 789
1 269 445
Living cost
2 722 610
2 722 610
2 722 610
2 722 610
Free-cash
-3 139 085
-3 055 788
-3 331 399
-1 453 165

Estimated living cost  is ₽2722610 per year

₽2008377
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽243185
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽31213
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.
₽439877
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
-₽69698
-₽137350
₽330393
-₽114813
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
-
-
-
2 210 000
income
-
-
-
189 951
social contributions
-
-
-
645 319
health
-
-
-
298 351
solidarity contribution
-
-
-
-
total
-
-
-
1 133 621
Employee
1 751 755
-
1 649 254
-
social contributions
113 864
-
107 200
-
solidarity contribution
-
-
-
-
health
236 488
-
222 650
-
income
210 211
-
197 910
-
total
560 563
-
527 760
-
Employer
1 751 755
-
1 649 254
-
social contributions
437 939
-
412 313
-
health
157 656
-
148 433
-
total
595 595
-
560 746
-
Corporate
-
2 210 000
-
-
income
-
419 901
-
-
total
-
419 901
-
-
Dividends
-
1 790 099
-
-
withholding
-
268 514
-
-
total
-
268 514
-
-
Income
2 210 000
2 210 000
2 210 000
2 210 000
Total tax
1 156 158
688 415
1 088 506
1 133 621
After tax
1 053 842
1 521 585
1 121 494
1 076 379
Living cost
1 191 192
1 191 192
1 191 192
1 191 192
Free-cash
-137 350
330 393
-69 698
-114 813

Estimated living cost  is ₽1191192 per year

₽827416
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽84741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽23427
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.
₽255614
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
-₽976586
-₽2153603
-₽892681
-₽851732
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
-
-
-
2 210 000
regional
-
-
-
21 011
municipal
-
-
-
13 138
social contributions
-
-
-
568 458
national
-
-
-
387 326
total
-
-
-
989 933
Employee
4 363 612
-
2 210 000
-
social contributions
1 471 412
-
745 210
-
national
756 111
-
339 621
-
regional
41 174
-
18 216
-
municipal
23 107
-
11 740
-
total
2 291 804
-
1 114 787
-
Employer
4 363 612
-
2 210 000
-
total
-
-
-
-
Corporate
-
2 210 000
-
-
nationa
-
530 442
-
-
municipal
-
86 186
-
-
total
-
616 628
-
-
Dividends
-
1 593 371
-
-
withholding
-
414 254
-
-
total
-
414 254
-
-
Income
2 210 000
2 210 000
2 210 000
2 210 000
Total tax
2 291 804
1 030 882
1 114 787
989 933
After tax
-81 804
1 179 118
1 095 213
1 220 067
Living cost
2 071 799
2 071 799
2 071 799
2 071 799
Free-cash
-2 153 603
-892 681
-976 586
-851 732

Estimated living cost  is ₽2071799 per year

₽1444205
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽135848
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽31773
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.
₽459909
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
₽131728
₽153903
₽306617
₽185862
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
-
-
-
2 210 000
other
-
-
-
-
income
-
-
-
319 961
pensions
-
-
-
442 020
unemployment
-
-
-
11 181
health
-
-
-
156 906
surtax
-
-
-
10 622
total
-
-
-
940 690
Employee
1 623 674
-
1 825 655
-
health
41 463
-
46 494
-
unemployment
113 021
-
127 090
-
other
-
-
-
-
income
272 163
-
306 078
-
surtax
5 311
-
9 038
-
pensions
108 269
-
121 779
-
total
540 227
-
610 479
-
Employer
1 623 674
-
1 825 655
-
other
-
-
-
-
pensions
216 444
-
243 372
-
unemployment
51 432
-
57 861
-
health
73 887
-
83 112
-
total
341 763
-
384 345
-
Corporate
244 562
2 210 000
-
-
income
63 545
574 607
-
-
total
63 545
574 607
-
-
Dividends
181 017
1 635 393
-
-
withholding
27 114
245 328
-
-
total
27 114
245 328
-
-
Income
2 210 000
2 210 000
2 210 000
2 210 000
Total tax
972 649
819 935
994 824
940 690
After tax
1 237 351
1 390 065
1 215 176
1 269 310
Living cost
1 083 448
1 083 448
1 083 448
1 083 448
Free-cash
153 903
306 617
131 728
185 862

Estimated living cost  is ₽1083448 per year

₽662471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽99976
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽24971
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.
₽296015
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
-₽802624
-₽1350556
-₽619980
-₽600344
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
-
-
-
2 210 000
income
-
-
-
418 820
pensions
-
-
-
115 729
total
-
-
-
534 549
Employee
3 158 630
-
1 991 266
-
health
45 853
-
21 830
-
income
568 884
-
368 250
-
pensions
268 097
-
128 015
-
total
882 834
-
518 095
-
Employer
3 158 630
-
1 991 266
-
pensions
341 923
-
180 889
-
health
60 004
-
37 845
-
total
401 927
-
218 734
-
Corporate
-
2 210 000
-
-
income

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

-
419 917
-
-
total
-
419 917
-
-
Dividends
-
1 790 083
-
-
withholding
-
134 268
-
-
total
-
134 268
-
-
Income
2 210 000
2 210 000
2 210 000
2 210 000
Total tax
1 284 761
554 185
736 829
534 549
After tax
925 239
1 655 815
1 473 171
1 675 451
Living cost
2 275 795
2 275 795
2 275 795
2 275 795
Free-cash
-1 350 556
-619 980
-802 624
-600 344

Estimated living cost  is ₽2275795 per year

₽1705008
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽170578
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽23804
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.
₽376368
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
-₽2115763
-₽2738553
-₽2850240
-₽1975550
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
-
-
-
2 210 000
other

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

-
-
-
44 225
pensions
-
-
-
203 278
regional
-
-
-
37 482
city
-
-
-
23 203
health
-
-
-
12 593
national
-
-
-
3 966
total
-
-
-
324 747
Employee
4 518 133
-
1 962 795
-
national
21 386
-
2 479
-
health
10 213
-
4 462
-
regional
147 946
-
29 649
-
city
48 489
-
20 923
-
unemployment
-
-
-
-
pensions
379 584
-
181 859
-
total
607 618
-
239 372
-
Employer
4 518 133
-
1 962 795
-
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.

90 335
-
39 267
-
pensions
379 584
-
181 859
-
unemployment
-
-
-
-
health
10 213
-
4 462
-
total
480 132
-
225 588
-
Corporate
-
2 210 000
-
-
regional
-
467 439
-
-
national
-
187 809
-
-
total
-
655 248
-
-
Dividends
-
1 554 752
-
-
withholding
-
544 189
-
-
total
-
544 189
-
-
Income
2 210 000
2 210 000
2 210 000
2 210 000
Total tax
1 087 750
1 199 437
464 960
324 747
After tax
1 122 250
1 010 563
1 745 040
1 885 253
Living cost
3 860 803
3 860 803
3 860 803
3 860 803
Free-cash
-2 738 553
-2 850 240
-2 115 763
-1 975 550

Estimated living cost  is ₽3860803 per year

₽2510627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽346464
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽47398
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.
₽956297
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
-₽520121
-₽740759
-₽1146814
-₽520121
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.

-
-
-
2 210 000
income

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

-
-
-
137 898
trade
-
-
-
-
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.

-
-
-
335 428
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.

-
-
-
7 547
total
-
-
-
480 873
Employee

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

2 950 759
-
2 210 000
-
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.

335 428
-
335 428
-
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.

346 982
-
137 898
-
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.

19 101
-
7 547
-
total
701 511
-
480 873
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
2 210 000
-
-
trade
-
379 034
-
-
income
-
331 515
-
-
chamber of commerce
-
10 529
-
-
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.

-
18 262
-
-
total
-
739 340
-
-
Dividends
-
1 470 660
-
-
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.

-
19 194
-
-
withholding
-
349 032
-
-
total
-
368 226
-
-
Income
2 210 000
2 210 000
2 210 000
2 210 000
Total tax
701 511
1 107 566
480 873
480 873
After tax
1 508 489
1 102 434
1 729 127
1 729 127
Living cost
2 249 248
2 249 248
2 249 248
2 249 248
Free-cash
-740 759
-1 146 814
-520 121
-520 121

Estimated living cost  is ₽2249248 per year

₽1642760
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽179920
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽29257
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.
₽397389
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
-₽307665
-₽547589
-₽565944
-₽341672
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
-
-
-
2 210 000
other
-
-
-
68 483
income
-
-
-
68 483
pensions
-
-
-
652 687
health
-
-
-
19 194
social contributions
-
-
-
62 986
surtax
-
-
-
-
total
-
-
-
871 833
Employee
2 101 360
-
1 684 123
-
social contributions
59 911
-
47 985
-
income
124 015
-
73 608
-
surtax
-
-
-
-
pensions
237 595
-
190 356
-
total
421 521
-
311 949
-
Employer
2 101 360
-
1 684 123
-
other
72 490
-
58 141
-
pensions
345 212
-
276 635
-
unemployment
85 068
-
68 204
-
social contributions
6 336
-
5 031
-
health
147 123
-
117 866
-
total
656 229
-
525 877
-
Corporate
-
2 210 000
-
-
income
-
618 772
-
-
surtax
-
-
-
-
total
-
618 772
-
-
Dividends
-
1 591 228
-
-
surtax
-
-
-
-
withholding
-
203 679
-
-
social contributions
-
273 654
-
-
total
-
477 333
-
-
Income
2 210 000
2 210 000
2 210 000
2 210 000
Total tax
1 077 750
1 096 105
837 826
871 833
After tax
1 132 250
1 113 895
1 372 174
1 338 167
Living cost
1 679 839
1 679 839
1 679 839
1 679 839
Free-cash
-547 589
-565 944
-307 665
-341 672

Estimated living cost  is ₽1679839 per year

₽1059208
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽136594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽28605
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.
₽455530
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
-₽141231
-₽251547
-₽399510
-₽175238
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
-
-
-
2 210 000
other
-
-
-
68 483
income
-
-
-
68 483
pensions
-
-
-
652 687
health
-
-
-
19 194
social contributions
-
-
-
62 986
surtax
-
-
-
-
total
-
-
-
871 833
Employee
1 875 761
-
1 684 123
-
social contributions
53 482
-
47 985
-
income
96 715
-
73 608
-
surtax
-
-
-
-
pensions
212 158
-
190 356
-
total
362 355
-
311 949
-
Employer
1 875 761
-
1 684 123
-
other
64 756
-
58 141
-
pensions
308 221
-
276 635
-
unemployment
75 937
-
68 204
-
social contributions
5 590
-
5 031
-
health
131 283
-
117 866
-
total
585 787
-
525 877
-
Corporate
-
2 210 000
-
-
income
-
618 772
-
-
surtax
-
-
-
-
total
-
618 772
-
-
Dividends
-
1 591 228
-
-
surtax
-
-
-
-
withholding
-
203 679
-
-
social contributions
-
273 654
-
-
total
-
477 333
-
-
Income
2 210 000
2 210 000
2 210 000
2 210 000
Total tax
948 142
1 096 105
837 826
871 833
After tax
1 261 858
1 113 895
1 372 174
1 338 167
Living cost
1 513 405
1 513 405
1 513 405
1 513 405
Free-cash
-251 547
-399 510
-141 231
-175 238

Estimated living cost  is ₽1513405 per year

₽877704
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽153738
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽28698
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.
₽453294
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
₽306542
₽311294
₽307100
₽378100
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
-
-
-
2 210 000
income
-
-
-
331 515
social contributions
-
-
-
304 960
health
-
-
-
154 297
total
-
-
-
790 772
Employee
1 664 745
-
2 210 000
-
social contributions
229 768
-
304 960
-
health
116 189
-
154 297
-
income
277 660
-
403 073
-
total
623 617
-
862 330
-
Employer
1 664 745
-
2 210 000
-
total
-
-
-
-
Corporate
545 255
2 210 000
-
-
income

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

27 300
110 505
-
-
total
27 300
110 505
-
-
Dividends
517 955
2 099 495
-
-
withholding
77 708
314 930
-
-
social contributions
85 627
289 773
-
-
health
43 326
146 564
-
-
total
206 661
751 267
-
-
Income
2 210 000
2 210 000
2 210 000
2 210 000
Total tax
857 578
861 772
862 330
790 772
After tax
1 352 422
1 348 228
1 347 670
1 419 228
Living cost
1 041 128
1 041 128
1 041 128
1 041 128
Free-cash
311 294
307 100
306 542
378 100

Estimated living cost  is ₽1041128 per year

₽696759
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽64197
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽23946
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.
₽256137
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
-₽876028
-₽1006099
-₽638153
-₽494105
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
-
-
-
2 210 000
income
-
-
-
76 496
chamber of commerce
-
-
-
8 852
pensions
-
-
-
408 850
unemployment
-
-
-
301 140
health
-
-
-
169 019
surtax
-
-
-
9 690
total
-
-
-
974 047
Employee
2 453 744
1 956 665
1 956 665
-
health
94 945
75 751
65 502
-
unemployment
73 608
58 700
50 780
-
other
24 505
19 567
16 958
-
income
279 337
144 327
156 254
-
pensions
251 292
200 325
173 398
-
total
723 687
498 670
462 892
-
Employer
2 453 744
1 956 665
1 956 665
-
other
116 561
92 895
90 752
-
accident
31 866
25 437
21 989
-
pensions
307 942
245 608
212 531
-
unemployment
73 608
58 700
50 780
-
payroll
73 608
58 700
58 700
-
surtax
9 690
9 690
9 690
-
health
92 709
73 981
64 011
-
chamber of commerce
9 783
7 827
7 827
-
total
715 767
572 838
516 280
-
Corporate
186 349
186 349
1 507 371
-
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.

46 587
46 587
376 798
-
total
46 587
46 587
376 798
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
2 210 000
2 210 000
2 210 000
2 210 000
Total tax
1 486 041
1 118 095
1 355 970
974 047
After tax
723 959
1 091 905
854 030
1 235 953
Living cost
1 730 058
1 730 058
1 730 058
1 730 058
Free-cash
-1 006 099
-638 153
-876 028
-494 105

Estimated living cost  is ₽1730058 per year

₽1153873
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽147588
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽28418
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.
₽400185
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
-₽801591
-₽2324436
-₽540936
-₽519086
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
-
-
-
2 210 000
social contributions
-
-
-
198 928
national
-
-
-
619 284
communal

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

-
-
-
120 661
total
-
-
-
938 873
Employee

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

3 512 078
-
1 711 610
-
national
1 079 753
-
410 014
-
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.

165 012
-
80 410
-
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.

30 561
-
14 908
-
communal

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

183 181
-
89 261
-
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.

263 404
-
128 394
-
total
1 721 911
-
722 987
-
Employer

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

3 512 078
-
1 711 610
-
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.

45 656
-
22 269
-
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.

311 203
-
151 688
-
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.

51 246
-
24 971
-
surtax
398 228
-
194 176
-
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.

215 979
-
105 287
-
total
1 022 312
-
498 391
-
Corporate
-
2 210 000
-
-
income
-
442 020
-
-
surtax
-
8 852
-
-
total
-
450 872
-
-
Dividends
-
1 759 129
-
-
withholding

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

-
509 851
-
-
total
-
509 851
-
-
Income
2 210 000
2 210 000
2 210 000
2 210 000
Total tax
2 744 223
960 723
1 221 378
938 873
After tax
-534 223
1 249 277
988 622
1 271 127
Living cost
1 790 213
1 790 213
1 790 213
1 790 213
Free-cash
-2 324 436
-540 936
-801 591
-519 086

Estimated living cost  is ₽1790213 per year

₽1153128
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽156533
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽28046
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.
₽452549
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
-₽522354
-₽1013104
-₽278004
-₽539404
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
-
-
-
2 210 000
other
-
-
-
2 236
income
-
-
-
313 299
pensions
-
-
-
625 387
unemployment
-
-
-
15 467
accident
-
-
-
19 846
total
-
-
-
976 235
Employee
2 444 025
-
1 675 737
-
unemployment
37 922
-
25 996
-
other
2 423
-
1 677
-
income
515 674
-
318 610
-
pensions
114 884
-
78 732
-
total
670 903
-
425 015
-
Employer
2 444 025
-
1 675 737
-
other
19 473
-
13 417
-
accident
48 358
-
33 170
-
pensions
576 750
-
395 433
-
unemployment
134 451
-
92 150
-
total
779 032
-
534 170
-
Corporate
-
2 210 000
-
-
income

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

-
331 515
-
-
total
-
331 515
-
-
Dividends
-
1 878 485
-
-
withholding
-
383 320
-
-
total
-
383 320
-
-
Income
2 210 000
2 210 000
2 210 000
2 210 000
Total tax
1 449 935
714 835
959 185
976 235
After tax
760 065
1 495 165
1 250 815
1 233 765
Living cost
1 773 169
1 773 169
1 773 169
1 773 169
Free-cash
-1 013 104
-278 004
-522 354
-539 404

Estimated living cost  is ₽1773169 per year

₽1305748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽125786
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽25530
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.
₽316048
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
-₽1197612
-₽1952434
-₽1277801
-₽1197518
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
-
-
-
2 210 000
income
-
-
-
54 447
pensions
-
-
-
373 816
accident
-
-
-
21 057
health
-
-
-
175 168
surtax
-
-
-
114 791
communal
-
-
-
-
total
-
-
-
739 279
Employee
3 718 223
-
1 930 756
-
health
165 478
-
103 983
-
income
359 143
-
54 447
-
surtax
227 905
-
114 791
-
pensions
297 413
-
186 908
-
total
1 049 939
-
460 129
-
Employer
3 718 223
-
1 930 756
-
accident
33 450
-
21 057
-
pensions
297 413
-
186 908
-
health
113 393
-
71 279
-
total
444 256
-
279 244
-
Corporate
-
2 210 000
-
-
income
-
331 515
-
-
communal
-
149 172
-
-
surtax
-
23 200
-
-
total
-
503 887
-
-
Dividends
-
1 706 112
-
-
income
-
59 725
-
-
withholding
-
255 950
-
-
total
-
315 675
-
-
Income
2 210 000
2 210 000
2 210 000
2 210 000
Total tax
1 494 195
819 562
739 373
739 279
After tax
715 805
1 390 438
1 470 627
1 470 721
Living cost
2 668 239
2 668 239
2 668 239
2 668 239
Free-cash
-1 952 434
-1 277 801
-1 197 612
-1 197 518

Estimated living cost  is ₽2668239 per year

₽2001575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽161658
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽28232
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.
₽476681
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
₽112358
₽131085
₽287247
₽166492
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
-
-
-
2 210 000
other
-
-
-
-
income
-
-
-
319 961
pensions
-
-
-
442 020
unemployment
-
-
-
11 181
health
-
-
-
156 906
surtax
-
-
-
10 622
total
-
-
-
940 690
Employee
1 653 479
-
1 825 655
-
health
42 208
-
46 494
-
unemployment
115 071
-
127 090
-
other
-
-
-
-
income
277 194
-
306 078
-
surtax
5 870
-
9 038
-
pensions
110 319
-
121 779
-
total
550 662
-
610 479
-
Employer
1 653 479
-
1 825 655
-
other
-
-
-
-
pensions
220 451
-
243 372
-
unemployment
52 457
-
57 861
-
health
75 192
-
83 112
-
total
348 100
-
384 345
-
Corporate
208 421
2 210 000
-
-
income
54 228
574 607
-
-
total
54 228
574 607
-
-
Dividends
154 193
1 635 393
-
-
withholding
23 107
245 328
-
-
total
23 107
245 328
-
-
Income
2 210 000
2 210 000
2 210 000
2 210 000
Total tax
976 097
819 935
994 824
940 690
After tax
1 233 903
1 390 065
1 215 176
1 269 310
Living cost
1 102 818
1 102 818
1 102 818
1 102 818
Free-cash
131 085
287 247
112 358
166 492

Estimated living cost  is ₽1102818 per year

₽665825
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽95877
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽25623
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.
₽315582
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
-₽238959
-₽513637
-₽161018
-₽114851
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
-
-
-
2 210 000
regional
-
-
-
33 310
municipal
-
-
-
13 138
social contributions
-
-
-
568 458
national
-
-
-
387 326
total
-
-
-
1 002 232
Employee
2 723 591
-
2 210 000
-
social contributions
918 421
-
745 210
-
national
431 491
-
339 621
-
regional
36 664
-
29 769
-
municipal
14 442
-
11 740
-
total
1 401 018
-
1 126 340
-
Employer
2 723 591
-
2 210 000
-
total
-
-
-
-
Corporate
-
2 210 000
-
-
nationa
-
530 442
-
-
municipal
-
109 853
-
-
total
-
640 295
-
-
Dividends
-
1 569 705
-
-
withholding
-
408 104
-
-
total
-
408 104
-
-
Income
2 210 000
2 210 000
2 210 000
2 210 000
Total tax
1 401 018
1 048 399
1 126 340
1 002 232
After tax
808 982
1 161 601
1 083 660
1 207 768
Living cost
1 322 619
1 322 619
1 322 619
1 322 619
Free-cash
-513 637
-161 018
-238 959
-114 851

Estimated living cost  is ₽1322619 per year

₽822545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽133985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽22641
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.
₽343441
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
-₽346369
-₽682550
₽53722
-₽391484
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
-
-
-
2 210 000
income
-
-
-
189 951
social contributions
-
-
-
645 319
health
-
-
-
298 351
solidarity contribution
-
-
-
-
total
-
-
-
1 133 621
Employee
2 158 619
-
1 649 254
-
social contributions
140 310
-
107 200
-
solidarity contribution
-
-
-
-
health
291 414
-
222 650
-
income
259 033
-
197 910
-
total
690 757
-
527 760
-
Employer
2 158 619
-
1 649 254
-
social contributions
539 656
-
412 313
-
health
194 274
-
148 433
-
total
733 930
-
560 746
-
Corporate
-
2 210 000
-
-
income
-
419 901
-
-
total
-
419 901
-
-
Dividends
-
1 790 099
-
-
withholding
-
268 514
-
-
total
-
268 514
-
-
Income
2 210 000
2 210 000
2 210 000
2 210 000
Total tax
1 424 687
688 415
1 088 506
1 133 621
After tax
785 313
1 521 585
1 121 494
1 076 379
Living cost
1 467 863
1 467 863
1 467 863
1 467 863
Free-cash
-682 550
53 722
-346 369
-391 484

Estimated living cost  is ₽1467863 per year

₽1091595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽81315
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽25395
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.
₽269557
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
-₽707649
-₽600499
-₽464837
-₽320789
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
-
-
-
2 210 000
income
-
-
-
76 496
chamber of commerce
-
-
-
8 852
pensions
-
-
-
408 850
unemployment
-
-
-
301 140
health
-
-
-
169 019
surtax
-
-
-
-
total
-
-
-
964 357
Employee
2 146 257
1 956 665
1 956 665
-
health
83 018
75 751
65 874
-
unemployment
64 384
58 700
51 060
-
other
21 430
19 567
17 051
-
income
191 194
144 327
155 881
-
pensions
219 799
200 325
174 236
-
total
579 825
498 670
464 102
-
Employer
2 146 257
1 956 665
1 956 665
-
other
101 933
92 895
90 752
-
accident
27 859
25 437
22 082
-
pensions
269 368
245 608
213 556
-
unemployment
64 384
58 700
51 060
-
payroll
64 384
58 700
58 700
-
surtax
-
-
-
-
health
81 155
73 981
64 290
-
chamber of commerce
8 572
7 827
7 827
-
total
617 655
563 148
508 267
-
Corporate
186 349
186 349
1 515 384
-
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.

46 587
46 587
378 848
-
total
46 587
46 587
378 848
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
2 210 000
2 210 000
2 210 000
2 210 000
Total tax
1 244 067
1 108 405
1 351 217
964 357
After tax
965 933
1 101 595
858 783
1 245 643
Living cost
1 566 432
1 566 432
1 566 432
1 566 432
Free-cash
-600 499
-464 837
-707 649
-320 789

Estimated living cost  is ₽1566432 per year

₽939665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽159981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽27952
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.
₽438852
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
₽1135018
₽1347843
₽1466541
₽1554936
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%.

-
-
-
2 210 000
microenterprise

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

-
-
-
22 092
total
-
-
-
22 092
Employee
791 225
-
2 210 000
-
income
158 253
-
442 010
-
total
158 253
-
442 010
-
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%.

1 418 775
2 210 000
-
-
total
-
-
-
-
Dividends
1 418 775
2 210 000
-
-
withholding
70 932
110 487
-
-
total
70 932
110 487
-
-
Income
2 210 000
2 210 000
2 210 000
2 210 000
Total tax
229 185
110 487
442 010
22 092
After tax
1 980 815
2 099 513
1 767 990
2 187 908
Living cost
632 972
632 972
632 972
632 972
Free-cash
1 347 843
1 466 541
1 135 018
1 554 936

Estimated living cost  is ₽632972 per year

₽428337
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽26570
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽21226
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.
₽156820
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
-₽147276
-₽299244
₽204589
-₽77301
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.

-
-
-
2 210 000
income
-
-
-
345 902
pensions
-
-
-
403 632
unemployment
-
-
-
3 354
health
-
-
-
217 469
total
-
-
-
970 357
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.

2 171 168
-
1 912 307
-
health
140 228
-
123 549
-
unemployment
3 075
-
2 702
-
income
374 414
-
320 000
-
pensions
336 546
-
296 388
-
total
854 263
-
742 639
-
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.

2 171 168
-
1 912 307
-
pensions
192 126
-
169 205
-
unemployment
1 304
-
1 118
-
health
144 607
-
127 370
-
total
338 037
-
297 693
-
Corporate
-
2 210 000
-
-
income
-
419 938
-
-
total
-
419 938
-
-
Dividends
-
1 790 062
-
-
withholding
-
268 529
-
-
total
-
268 529
-
-
Income
2 210 000
2 210 000
2 210 000
2 210 000
Total tax
1 192 300
688 467
1 040 332
970 357
After tax
1 017 700
1 521 533
1 169 668
1 239 643
Living cost
1 316 944
1 316 944
1 316 944
1 316 944
Free-cash
-299 244
204 589
-147 276
-77 301

Estimated living cost  is ₽1316944 per year

₽903793
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽84416
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽25530
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.
₽303283
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
-₽543566
-₽5081978
-₽765629
-₽582908
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
-
-
-
2 210 000
income
-
-
-
430 777
social contributions
-
-
-
251 937
total
-
-
-
682 714
Employee
3 025 718
-
-
-
social contributions
248 110
-
35 358
-
income
667 413
-
-
-
total
915 523
-
35 358
-
Employer
3 025 718
-
-
-
social contributions
4 266 261
-
608 014
-
total
4 266 261
-
608 014
-
Corporate
-
2 210 000
-
-
income
-
486 200
-
-
total
-
486 200
-
-
Dividends
-
1 723 800
-
-
income
-
379 235
-
-
total
-
379 235
-
-
Income
2 210 000
2 210 000
2 210 000
2 210 000
Total tax
5 181 784
865 435
643 372
682 714
After tax
-2 971 784
1 344 565
1 566 628
1 527 286
Living cost
2 110 194
2 110 194
2 110 194
2 110 194
Free-cash
-5 081 978
-765 629
-543 566
-582 908

Estimated living cost  is ₽2110194 per year

₽1369176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽198463
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽26891
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.
₽515655
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
-₽292592
-₽584497
-₽283064
-₽246464
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.

-
-
-
2 210 000
income
-
-
-
148 445
social contributions

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

-
-
-
767 944
surtax
-
-
-
-
total
-
-
-
916 389
Employee
2 258 171
-
1 785 870
-
social contributions
248 403
-
196 412
-
income
469 707
-
341 975
-
surtax
-
-
-
-
total
718 110
-
538 387
-
Employer
2 258 171
-
1 785 870
-
social contributions
536 312
-
424 130
-
total
536 312
-
424 130
-
Corporate
-
2 210 000
-
-
income
-
464 102
-
-
surtax
-
-
-
-
total
-
464 102
-
-
Dividends
-
1 745 898
-
-
withholding
-
488 887
-
-
total
-
488 887
-
-
Income
2 210 000
2 210 000
2 210 000
2 210 000
Total tax
1 254 422
952 989
962 517
916 389
After tax
955 578
1 257 011
1 247 483
1 293 611
Living cost
1 540 075
1 540 075
1 540 075
1 540 075
Free-cash
-584 497
-283 064
-292 592
-246 464

Estimated living cost  is ₽1540075 per year

₽1152289
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽90845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽25716
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.
₽271231
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
-₽999240
-₽1825575
-₽1257519
-₽1033247
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
-
-
-
2 210 000
other
-
-
-
68 483
income
-
-
-
68 483
pensions
-
-
-
652 687
health
-
-
-
19 194
social contributions
-
-
-
62 986
surtax
-
-
-
-
total
-
-
-
871 833
Employee
3 075 161
-
1 684 123
-
social contributions
87 584
-
47 985
-
income
268 315
-
73 608
-
surtax
-
-
-
-
pensions
347 820
-
190 356
-
total
703 719
-
311 949
-
Employer
3 075 161
-
1 684 123
-
other
106 126
-
58 141
-
pensions
505 285
-
276 635
-
unemployment
124 574
-
68 204
-
social contributions
9 224
-
5 031
-
health
215 233
-
117 866
-
total
960 442
-
525 877
-
Corporate
-
2 210 000
-
-
income
-
618 772
-
-
surtax
-
-
-
-
total
-
618 772
-
-
Dividends
-
1 591 228
-
-
surtax
-
-
-
-
withholding
-
203 679
-
-
social contributions
-
273 654
-
-
total
-
477 333
-
-
Income
2 210 000
2 210 000
2 210 000
2 210 000
Total tax
1 664 161
1 096 105
837 826
871 833
After tax
545 839
1 113 895
1 372 174
1 338 167
Living cost
2 371 414
2 371 414
2 371 414
2 371 414
Free-cash
-1 825 575
-1 257 519
-999 240
-1 033 247

Estimated living cost  is ₽2371414 per year

₽1604931
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽193989
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽32518
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.
₽539946
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
₽313236
₽348177
₽513095
₽247920
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
-
-
-
2 210 000
social contributions
-
-
-
486 185
income
-
-
-
-
total
-
-
-
486 185
Employee
1 578 480
-
1 913 332
-
social contributions
102 585
-
124 388
-
income
-
-
-
-
total
102 585
-
124 388
-
Employer
1 578 480
-
1 913 332
-
social contributions
244 676
-
296 481
-
total
244 676
-
296 481
-
Corporate
386 844
2 210 000
-
-
income
38 667
221 010
-
-
total
38 667
221 010
-
-
Dividends
348 176
1 988 990
-
-
total
-
-
-
-
Income
2 210 000
2 210 000
2 210 000
2 210 000
Total tax
385 928
221 010
420 869
486 185
After tax
1 824 072
1 988 990
1 789 131
1 723 815
Living cost
1 475 895
1 475 895
1 475 895
1 475 895
Free-cash
348 177
513 095
313 236
247 920

Estimated living cost  is ₽1475895 per year

₽954293
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽111250
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽27766
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.
₽382575
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
-₽8482599
-₽8482599
-₽8482599
-₽889806
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
-
-
-
2 210 000
pensions
-
-
-
42 540
municipal
-
-
-
327 098
national
-
-
-
193 263
labour market
-
-
-
173 391
total
-
-
-
736 292
Employee
9 975 826
9 975 826
9 975 826
-
national
1 218 728
1 218 728
1 218 728
-
labour market
796 930
796 930
796 930
-
municipal
2 124 294
2 124 294
2 124 294
-
pensions
14 180
14 180
14 180
-
total
4 154 132
4 154 132
4 154 132
-
Employer
9 975 826
9 975 826
9 975 826
-
pensions
28 360
28 360
28 360
-
national
1 220 850
1 220 850
1 220 850
-
municipal
2 127 677
2 127 677
2 127 677
-
labour market
798 066
798 066
798 066
-
total
4 174 953
4 174 953
4 174 953
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
2 210 000
2 210 000
2 210 000
2 210 000
Total tax
8 329 085
8 329 085
8 329 085
736 292
After tax
-6 119 085
-6 119 085
-6 119 085
1 473 708
Living cost
2 363 514
2 363 514
2 363 514
2 363 514
Free-cash
-8 482 599
-8 482 599
-8 482 599
-889 806

Estimated living cost  is ₽2363514 per year

₽1617614
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽209078
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽36348
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.
₽500464
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
₽91831
₽14076
-₽896215
₽458313
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
-
-
-
2 210 000
other
-
-
-
18 384
income
-
-
-
330 959
pensions
-
-
-
206 401
accident
-
-
-
12 526
health
-
-
-
108 185
total
-
-
-
676 455
Employee
1 691 419
-
1 835 824
-
health
193 679
-
210 205
-
income
232 043
-
251 848
-
pensions
190 465
-
206 729
-
total
616 187
-
668 782
-
Employer
1 691 419
-
1 835 824
-
accident
28 243
-
30 648
-
pensions
275 020
-
298 519
-
unemployment
41 446
-
44 988
-
total
344 709
-
374 155
-
Corporate
173 872
2 210 000
-
-
income

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

156 495
1 988 990
-
-
total
156 495
1 988 990
-
-
Dividends
17 377
221 010
-
-
withholding
3 301
41 993
-
-
total
3 301
41 993
-
-
Income
2 210 000
2 210 000
2 210 000
2 210 000
Total tax
1 120 692
2 030 983
1 042 937
676 455
After tax
1 089 308
179 017
1 167 063
1 533 545
Living cost
1 075 232
1 075 232
1 075 232
1 075 232
Free-cash
14 076
-896 215
91 831
458 313

Estimated living cost  is ₽1075232 per year

₽782650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽61295
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽20177
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.
₽211101
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
-₽496466
-₽860593
-₽355774
-₽117246
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

-
-
-
2 210 000
municipal
-
-
-
395 339
health
-
-
-
13 510
national
-
-
-
33 356
total
-
-
-
442 205
Employee
2 583 198
-
1 859 105
-
national
42 674
-
3 447
-
health
19 287
-
8 106
-
unemployment
38 761
-
27 859
-
municipal
423 105
-
305 612
-
pensions
174 330
-
125 506
-
total
698 157
-
470 530
-
Employer
2 583 198
-
1 859 105
-
accident
2 609
-
1 863
-
pensions
448 169
-
322 570
-
unemployment
16 771
-
12 113
-
health
19 846
-
14 349
-
total
487 395
-
350 895
-
Corporate
-
2 210 000
-
-
income
-
442 020
-
-
total
-
442 020
-
-
Dividends

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

-
1 325 985
-
-
municipal
-
238 713
-
-
national
-
-
-
-
total
-
238 713
-
-
Income
2 210 000
2 210 000
2 210 000
2 210 000
Total tax
1 185 552
680 733
821 425
442 205
After tax
1 024 448
1 529 267
1 388 575
1 767 795
Living cost
1 885 041
1 885 041
1 885 041
1 885 041
Free-cash
-860 593
-355 774
-496 466
-117 246

Estimated living cost  is ₽1885041 per year

₽1231301
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽181318
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽30002
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.
₽442486
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
₽266518
₽229248
-₽37045
₽672106
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
-
-
-
2 210 000
income
-
-
-
-
social contributions
-
-
-
344 746
health
-
-
-
56 371
total
-
-
-
401 117
Employee
3 775 476
3 775 476
3 775 476
-
social contributions
142 743
313 346
166 503
-
health
29 257
64 197
34 102
-
income
411 086
349 498
402 514
-
total
583 086
727 041
603 119
-
Employer
3 775 476
3 775 476
3 775 476
-
social contributions
142 743
313 346
166 503
-
health
31 773
69 881
37 083
-
total
174 516
383 227
203 586
-
Corporate
315 621
-
-
-
income
39 413
-
-
-
total
39 413
-
-
-
Dividends
276 208
-
-
-
withholding
46 960
-
-
-
total
46 960
-
-
-
Income
2 210 000
2 210 000
2 210 000
2 210 000
Total tax
843 975
1 110 268
806 705
401 117
After tax
1 366 025
1 099 732
1 403 295
1 808 883
Living cost
1 136 777
1 136 777
1 136 777
1 136 777
Free-cash
229 248
-37 045
266 518
672 106

Estimated living cost  is ₽1136777 per year

₽681292
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽111530
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽25157
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.
₽318843
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
₽592998
₽800786
₽1050492
₽767327
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
-
-
-
2 210 000
income
-
-
-
171 728
pensions
-
-
-
312 321
unemployment
-
-
-
1 398
health
-
-
-
177 684
total
-
-
-
663 131
Employee

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

1 126 990
-
2 003 525
-
health
95 783
-
170 323
-
unemployment
5 590
-
10 063
-
income
77 055
-
150 112
-
pensions
169 019
-
300 488
-
total
347 447
-
630 986
-
Employer

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

1 126 990
-
2 003 525
-
pensions
61 961
-
110 225
-
unemployment
5 590
-
10 063
-
health
48 451
-
86 186
-
total
116 002
-
206 474
-
Corporate
967 008
2 210 000
-
-
income
87 025
198 928
-
-
total
87 025
198 928
-
-
Dividends
879 983
2 011 072
-
-
withholding
79 198
181 038
-
-
total
79 198
181 038
-
-
Income
2 210 000
2 210 000
2 210 000
2 210 000
Total tax
629 672
379 966
837 460
663 131
After tax
1 580 328
1 830 034
1 372 540
1 546 869
Living cost
779 542
779 542
779 542
779 542
Free-cash
800 786
1 050 492
592 998
767 327

Estimated living cost  is ₽779542 per year

₽497366
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽56184
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽23200
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.
₽202748
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
-₽99350
-₽184231
₽145000
-₽116400
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
-
-
-
2 210 000
other
-
-
-
2 236
income
-
-
-
313 299
pensions
-
-
-
625 387
unemployment
-
-
-
15 467
accident
-
-
-
19 846
total
-
-
-
976 235
Employee
1 815 479
-
1 675 737
-
unemployment
28 139
-
25 996
-
other
1 770
-
1 677
-
income
350 010
-
318 610
-
pensions
85 348
-
78 732
-
total
465 267
-
425 015
-
Employer
1 815 479
-
1 675 737
-
other
14 535
-
13 417
-
accident
35 965
-
33 170
-
pensions
428 416
-
395 433
-
unemployment
99 883
-
92 150
-
total
578 799
-
534 170
-
Corporate
-
2 210 000
-
-
income

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

-
331 515
-
-
total
-
331 515
-
-
Dividends
-
1 878 485
-
-
withholding
-
383 320
-
-
total
-
383 320
-
-
Income
2 210 000
2 210 000
2 210 000
2 210 000
Total tax
1 044 066
714 835
959 185
976 235
After tax
1 165 934
1 495 165
1 250 815
1 233 765
Living cost
1 350 165
1 350 165
1 350 165
1 350 165
Free-cash
-184 231
145 000
-99 350
-116 400

Estimated living cost  is ₽1350165 per year

₽911340
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽129792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽23666
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.
₽285394
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
₽1259794
₽1254980
₽1272485
₽1267373
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
-
-
-
2 210 000
income
-
-
-
702 001
pensions
-
-
-
77 723
health
-
-
-
56 349
total
-
-
-
836 073
Employee
162 293
-
2 122 562
-
health
8 115
-
19 431
-
unemployment
1 623
-
3 887
-
income
31 395
-
697 920
-
pensions
14 606
-
34 976
-
total
55 739
-
756 214
-
Employer
162 293
-
2 122 562
-
pensions
17 853
-
42 748
-
unemployment
3 247
-
7 772
-
health
15 419
-
36 918
-
total
36 519
-
87 438
-
Corporate
2 011 189
2 210 000
-
-
income
442 462
486 201
-
-
total
442 462
486 201
-
-
Dividends
1 568 727
1 723 799
-
-
withholding
313 746
344 760
-
-
total
313 746
344 760
-
-
Income
2 210 000
2 210 000
2 210 000
2 210 000
Total tax
848 466
830 961
843 652
836 073
After tax
1 361 534
1 379 039
1 366 348
1 373 927
Living cost
106 554
106 554
106 554
106 554
Free-cash
1 254 980
1 272 485
1 259 794
1 267 373

Estimated living cost  is ₽106554 per year

₽63322
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8638
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽2440
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.
₽32154
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
₽356618
₽505662
₽747318
₽261494
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.

-
-
-
2 210 000
income
-
-
-
263 719
pensions
-
-
-
574 600
unemployment
-
-
-
33 150
health
-
-
-
227 630
total
-
-
-
1 099 099
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.

1 280 850
-
1 874 470
-
health
65 963
-
96 535
-
unemployment
9 606
-
14 058
-
income
176 555
-
295 426
-
pensions
179 319
-
262 426
-
total
431 443
-
668 445
-
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.

1 280 850
-
1 874 470
-
pensions
153 702
-
224 937
-
unemployment
9 606
-
14 058
-
health
65 963
-
96 535
-
total
229 271
-
335 530
-
Corporate
699 878
2 210 000
-
-
income
104 982
331 500
-
-
total
104 982
331 500
-
-
Dividends
594 897
1 878 500
-
-
withholding
89 235
281 775
-
-
total
89 235
281 775
-
-
Income
2 210 000
2 210 000
2 210 000
2 210 000
Total tax
854 931
613 275
1 003 975
1 099 099
After tax
1 355 069
1 596 725
1 206 025
1 110 901
Living cost
849 407
849 407
849 407
849 407
Free-cash
505 662
747 318
356 618
261 494

Estimated living cost  is ₽849407 per year

₽571907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽65703
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽24579
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.
₽187218
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
-₽76190
-₽148215
-₽66662
-₽30062
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.

-
-
-
2 210 000
income
-
-
-
148 445
social contributions

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

-
-
-
767 944
surtax
-
-
-
-
total
-
-
-
916 389
Employee
1 905 641
-
1 785 870
-
social contributions
209 643
-
196 412
-
income
372 350
-
341 975
-
surtax
-
-
-
-
total
581 993
-
538 387
-
Employer
1 905 641
-
1 785 870
-
social contributions
452 549
-
424 130
-
total
452 549
-
424 130
-
Corporate
-
2 210 000
-
-
income
-
464 102
-
-
surtax
-
-
-
-
total
-
464 102
-
-
Dividends
-
1 745 898
-
-
withholding
-
488 887
-
-
total
-
488 887
-
-
Income
2 210 000
2 210 000
2 210 000
2 210 000
Total tax
1 034 542
952 989
962 517
916 389
After tax
1 175 458
1 257 011
1 247 483
1 293 611
Living cost
1 323 673
1 323 673
1 323 673
1 323 673
Free-cash
-148 215
-66 662
-76 190
-30 062

Estimated living cost  is ₽1323673 per year

₽937522
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽91963
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽23480
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.
₽270765
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
-₽474740
-₽917319
-₽230390
-₽491790
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
-
-
-
2 210 000
other
-
-
-
2 236
income
-
-
-
313 299
pensions
-
-
-
625 387
unemployment
-
-
-
15 467
accident
-
-
-
19 846
total
-
-
-
976 235
Employee
2 371 254
-
1 675 737
-
unemployment
36 711
-
25 996
-
other
2 329
-
1 677
-
income
495 269
-
318 610
-
pensions
111 437
-
78 732
-
total
645 746
-
425 015
-
Employer
2 371 254
-
1 675 737
-
other
19 008
-
13 417
-
accident
46 960
-
33 170
-
pensions
559 606
-
395 433
-
unemployment
130 444
-
92 150
-
total
756 018
-
534 170
-
Corporate
-
2 210 000
-
-
income

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

-
331 515
-
-
total
-
331 515
-
-
Dividends
-
1 878 485
-
-
withholding
-
383 320
-
-
total
-
383 320
-
-
Income
2 210 000
2 210 000
2 210 000
2 210 000
Total tax
1 401 764
714 835
959 185
976 235
After tax
808 236
1 495 165
1 250 815
1 233 765
Living cost
1 725 555
1 725 555
1 725 555
1 725 555
Free-cash
-917 319
-230 390
-474 740
-491 790

Estimated living cost  is ₽1725555 per year

₽1239221
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽134171
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽24319
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.
₽327881
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
₽592403
₽745032
₽1044478
₽575242
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
-
-
-
2 210 000
income
-
-
-
331 478
pensions

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

-
-
-
253 971
unemployment
-
-
-
6 864
health
-
-
-
197 342
total
-
-
-
789 655
Employee
1 119 046
-
1 873 327
-
accident

We are using the highest rate at 1.1%.

12 298
-
18 876
-
health
51 481
-
78 937
-
income
111 923
-
187 332
-
pensions

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

98 242
-
150 676
-
total
273 944
-
435 821
-
Employer
1 119 046
-
1 873 327
-
accident

We are using the highest rate at 1.1%.

12 298
-
18 876
-
pensions

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

123 315
-
189 096
-
unemployment
6 721
-
10 296
-
health
77 221
-
118 405
-
total
219 555
-
336 673
-
Corporate
871 399
2 210 000
-
-
income
87 136
220 985
-
-
total
87 136
220 985
-
-
Dividends
784 263
1 989 015
-
-
withholding
39 230
99 434
-
-
total
39 230
99 434
-
-
Income
2 210 000
2 210 000
2 210 000
2 210 000
Total tax
619 865
320 419
772 494
789 655
After tax
1 590 135
1 889 581
1 437 506
1 420 345
Living cost
845 103
845 103
845 103
845 103
Free-cash
745 032
1 044 478
592 403
575 242

Estimated living cost  is ₽845103 per year

₽558945
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽48382
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽20163
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.
₽217648
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
-₽166451
-₽232978
-₽747675
-₽166451
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.

-
-
-
2 210 000
income

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

-
-
-
137 898
trade
-
-
-
-
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.

-
-
-
335 428
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.

-
-
-
7 547
total
-
-
-
480 873
Employee

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

2 442 978
-
2 210 000
-
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.

335 428
-
335 428
-
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.

200 884
-
137 898
-
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.

11 088
-
7 547
-
total
547 400
-
480 873
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
2 210 000
-
-
trade
-
317 166
-
-
income
-
331 515
-
-
chamber of commerce
-
10 715
-
-
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.

-
18 262
-
-
total
-
677 658
-
-
Dividends
-
1 532 342
-
-
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.

-
20 033
-
-
withholding
-
364 406
-
-
total
-
384 439
-
-
Income
2 210 000
2 210 000
2 210 000
2 210 000
Total tax
547 400
1 062 097
480 873
480 873
After tax
1 662 600
1 147 903
1 729 127
1 729 127
Living cost
1 895 578
1 895 578
1 895 578
1 895 578
Free-cash
-232 978
-747 675
-166 451
-166 451

Estimated living cost  is ₽1895578 per year

₽1307611
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽203959
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽27486
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.
₽356486
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
-₽1014840
-₽1630679
-₽1249921
-₽1014840
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
-
-
-
2 210 000
social contributions
-
-
-
139 666
income
-
-
-
288 282
total
-
-
-
427 948
Employee
3 840 633
-
2 210 000
-
social contributions
319 076
-
139 666
-
income
724 711
-
288 282
-
total
1 043 787
-
427 948
-
Employer
3 840 633
-
2 210 000
-
total
-
-
-
-
Corporate
-
2 210 000
-
-
income
-
276 262
-
-
total
-
276 262
-
-
Dividends
-
1 933 738
-
-
withholding
-
386 767
-
-
total
-
386 767
-
-
Income
2 210 000
2 210 000
2 210 000
2 210 000
Total tax
1 043 787
663 029
427 948
427 948
After tax
1 166 213
1 546 971
1 782 052
1 782 052
Living cost
2 796 892
2 796 892
2 796 892
2 796 892
Free-cash
-1 630 679
-1 249 921
-1 014 840
-1 014 840

Estimated living cost  is ₽2796892 per year

₽2127826
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽227905
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽26741
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.
₽414440
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
-₽164428
-₽414603
-₽561352
-₽1277584
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.

-
-
-
2 210 000
health

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

-
-
-
307 662
income
-
-
-
1 397 618
total
-
-
-
1 705 280
Employee
2 252 369
-
2 008 743
-
social contributions
225 669
-
201 257
-
income
244 397
-
189 610
-
total
470 066
-
390 867
-
Employer
2 252 369
-
2 008 743
-
social contributions
225 669
-
201 257
-
total
225 669
-
201 257
-
Corporate
-
2 210 000
-
-
income
-
773 535
-
-
total
-
773 535
-
-
Dividends
-
1 436 465
-
-
social contributions
146 564
215 513
-
-
total
146 564
215 513
-
-
Income
2 210 000
2 210 000
2 210 000
2 210 000
Total tax
842 299
989 048
592 124
1 705 280
After tax
1 367 701
1 220 952
1 617 876
504 720
Living cost
1 782 304
1 782 304
1 782 304
1 782 304
Free-cash
-414 603
-561 352
-164 428
-1 277 584

Estimated living cost  is ₽1782304 per year

₽1173999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽140507
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽27300
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.
₽440436
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
-₽376972
-₽634428
-₽194328
-₽174692
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
-
-
-
2 210 000
income
-
-
-
418 820
pensions
-
-
-
115 729
total
-
-
-
534 549
Employee
2 539 584
-
1 991 266
-
health
33 128
-
21 830
-
income
462 479
-
368 250
-
pensions
193 833
-
128 015
-
total
689 440
-
518 095
-
Employer
2 539 584
-
1 991 266
-
pensions
256 579
-
180 889
-
health
48 266
-
37 845
-
total
304 845
-
218 734
-
Corporate
-
2 210 000
-
-
income

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

-
419 917
-
-
total
-
419 917
-
-
Dividends
-
1 790 083
-
-
withholding
-
134 268
-
-
total
-
134 268
-
-
Income
2 210 000
2 210 000
2 210 000
2 210 000
Total tax
994 285
554 185
736 829
534 549
After tax
1 215 715
1 655 815
1 473 171
1 675 451
Living cost
1 850 143
1 850 143
1 850 143
1 850 143
Free-cash
-634 428
-194 328
-376 972
-174 692

Estimated living cost  is ₽1850143 per year

₽1269185
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽170139
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽23146
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.
₽387557
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
-₽14627
-₽27655
-₽1002673
₽351855
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
-
-
-
2 210 000
other
-
-
-
18 384
income
-
-
-
330 959
pensions
-
-
-
206 401
accident
-
-
-
12 526
health
-
-
-
108 185
total
-
-
-
676 455
Employee
1 858 845
-
1 835 824
-
health
212 828
-
210 205
-
income
255 018
-
251 848
-
pensions
209 309
-
206 729
-
total
677 155
-
668 782
-
Employer
1 858 845
-
1 835 824
-
accident
31 041
-
30 648
-
pensions
302 235
-
298 519
-
unemployment
45 534
-
44 988
-
total
378 810
-
374 155
-
Corporate
-
2 210 000
-
-
income

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

-
1 988 990
-
-
total
-
1 988 990
-
-
Dividends
-
221 010
-
-
withholding
-
41 993
-
-
total
-
41 993
-
-
Income
2 210 000
2 210 000
2 210 000
2 210 000
Total tax
1 055 965
2 030 983
1 042 937
676 455
After tax
1 154 035
179 017
1 167 063
1 533 545
Living cost
1 181 690
1 181 690
1 181 690
1 181 690
Free-cash
-27 655
-1 002 673
-14 627
351 855

Estimated living cost  is ₽1181690 per year

₽867226
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽68859
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽23805
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.
₽221791
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
₽672068
₽976573
₽1215316
₽672068
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.

-
-
-
2 210 000
income
-
-
-
266 999
pensions
-
-
-
406 640
unemployment
-
-
-
26 521
health insurance
-
-
-
163 539
work injury
-
-
-
11 050
total
-
-
-
874 749
Employee

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

1 061 091
-
2 210 000
-
unemployment
12 733
-
26 521
-
health insurance
78 520
-
163 539
-
income
106 109
-
266 999
-
work injury
5 305
-
11 050
-
pensions
195 240
-
406 640
-
total
397 907
-
874 749
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 148 909
2 210 000
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
1 148 909
2 210 000
-
-
withholding
172 337
331 501
-
-
total
172 337
331 501
-
-
Income
2 210 000
2 210 000
2 210 000
2 210 000
Total tax
570 244
331 501
874 749
874 749
After tax
1 639 756
1 878 499
1 335 251
1 335 251
Living cost
663 183
663 183
663 183
663 183
Free-cash
976 573
1 215 316
672 068
672 068

Estimated living cost  is ₽663183 per year

₽410852
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽48191
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽20689
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.
₽183450
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
-₽869996
-₽1927424
-₽791961
-₽747378
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
-
-
-
2 210 000
regional
-
-
-
30 794
municipal
-
-
-
14 815
social contributions
-
-
-
568 458
national
-
-
-
387 326
total
-
-
-
1 001 393
Employee
4 137 387
-
2 210 000
-
social contributions
1 395 102
-
745 210
-
national
699 182
-
339 621
-
regional
62 464
-
26 042
-
municipal
24 691
-
13 138
-
total
2 181 439
-
1 124 011
-
Employer
4 137 387
-
2 210 000
-
total
-
-
-
-
Corporate
-
2 210 000
-
-
nationa
-
530 442
-
-
municipal
-
106 498
-
-
total
-
636 940
-
-
Dividends
-
1 573 059
-
-
withholding
-
409 036
-
-
total
-
409 036
-
-
Income
2 210 000
2 210 000
2 210 000
2 210 000
Total tax
2 181 439
1 045 976
1 124 011
1 001 393
After tax
28 561
1 164 024
1 085 989
1 208 607
Living cost
1 955 985
1 955 985
1 955 985
1 955 985
Free-cash
-1 927 424
-791 961
-869 996
-747 378

Estimated living cost  is ₽1955985 per year

₽1373951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽134544
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽29536
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.
₽417888
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
[[ place.name ]], [[ place.country ]]

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Additional information

Source

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Additional information

Source