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
₽ 33500
per

Your estimated
City
free-cash

Dresden , Germany
-₽11324
-₽1783
-₽1783
-₽2410
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.

-
-
-
33 500
income

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

-
-
-
408
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.

-
-
-
23
health

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

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

-
-
-
6 414
trade
-
-
-
-
total
-
-
-
6 845
Employee

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

35 910
-
33 500
-
surtax

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

55
-
23
-
income

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

1 003
-
408
-
health

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

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

6 414
-
6 414
-
total
7 472
-
6 845
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
33 500
-
-
income
-
5 024
-
-
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.

-
276
-
-
chamber of commerce
-
191
-
-
trade
-
5 276
-
-
total
-
10 767
-
-
Dividends
-
22 733
-
-
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.

-
292
-
-
withholding
-
5 327
-
-
total
-
5 619
-
-
Income
33 500
33 500
33 500
33 500
Total tax
7 472
16 386
6 845
6 845
After tax
26 028
17 114
26 655
26 655
Living cost
28 438
28 438
28 438
28 438
Free-cash
-2 410
-11 324
-1 783
-1 783

Estimated living cost  is ₽28438 per week

₽17888
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3316
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6703
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
-₽29047
-₽27396
-₽27659
-₽50960
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
-
-
-
33 500
social contributions
-
-
-
360
municipal
-
-
-
2 678
national
-
-
-
4 150
pensions
-
-
-
4 020
total
-
-
-
11 208
Employee
77 434
-
28 960
-
municipal
9 564
-
2 808
-
pensions
3 097
-
1 158
-
national
14 821
-
4 351
-
total
27 482
-
8 317
-
Employer
77 434
-
28 960
-
pensions
6 195
-
2 317
-
social contributions
832
-
311
-
total
7 027
-
2 628
-
Corporate
-
33 500
-
-
income

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

-
6 700
-
-
total
-
6 700
-
-
Dividends
-
26 800
-
-
withholding
-
5 896
-
-
total
-
5 896
-
-
Income
33 500
33 500
33 500
33 500
Total tax
34 509
12 596
10 945
11 208
After tax
-1 009
20 904
22 555
22 292
Living cost
49 951
49 951
49 951
49 951
Free-cash
-50 960
-29 047
-27 396
-27 659

Estimated living cost  is ₽49951 per week

₽33951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10609
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
₽7268
-₽311
₽5987
-₽543
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.

-
-
-
33 500
income
-
-
-
-
surtax
-
-
-
-
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.

-
-
-
2 956
microenterprise
-
-
-
5 024
total
-
-
-
7 980
Employee
27 434
-
26 997
-
surtax
-
-
-
-
social contributions

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

3 018
-
2 970
-
income
4 884
-
4 805
-
total
7 902
-
7 775
-
Employer
27 434
-
26 997
-
social contributions

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

6 608
-
6 503
-
surtax
-
-
-
-
total
6 608
-
6 503
-
Corporate
-
33 500
-
-
income

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

-
6 699
-
-
total
-
6 699
-
-
Dividends

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

-
26 801
-
-
total
-
-
-
-
Income
33 500
33 500
33 500
33 500
Total tax
14 510
6 699
14 278
7 980
After tax
18 990
26 801
19 222
25 520
Living cost
19 533
19 533
19 533
19 533
Free-cash
-543
7 268
-311
5 987

Estimated living cost  is ₽19533 per week

₽12461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1860
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
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.
₽4768
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
-₽54461
-₽59732
-₽20019
-₽59732
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
-
-
-
33 500
income
-
-
-
3 015
health
-
-
-
5 142
pensions
-
-
-
6 031
total
-
-
-
14 188
Employee
80 176
80 176
80 176
-
pensions
14 432
11 000
14 432
-
income

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

13 124
13 124
13 124
-
health
12 306
10 467
12 306
-
total
39 862
34 591
39 862
-
Employer
80 176
80 176
80 176
-
health
5 573
5 573
5 573
-
pensions
5 580
5 580
5 580
-
unemployment
2 886
2 886
2 886
-
total
14 039
14 039
14 039
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
33 500
33 500
33 500
33 500
Total tax
53 901
48 630
53 901
14 188
After tax
-20 401
-15 130
-20 401
19 312
Living cost
39 331
39 331
39 331
39 331
Free-cash
-59 732
-54 461
-59 732
-20 019

Estimated living cost  is ₽39331 per week

₽27873
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3546
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7287
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
-₽19472
-₽19873
-₽21063
-₽37217
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
-
-
-
33 500
accident
-
-
-
67
other
-
-
-
3 893
unemployment
-
-
-
33
health
-
-
-
2 090
municipal
-
-
-
7 096
national
-
-
-
-
pensions
-
-
-
3 621
total
-
-
-
16 800
Employee
53 808
-
25 491
-
municipal
16 046
-
7 601
-
national
-
-
-
-
total
16 046
-
7 601
-
Employer
53 808
-
25 491
-
health
3 309
-
1 568
-
pensions
5 817
-
2 755
-
accident
108
-
51
-
unemployment
1 421
-
673
-
other
6 253
-
2 962
-
total
16 908
-
8 009
-
Corporate
-
33 500
-
-
income
-
7 370
-
-
total
-
7 370
-
-
Dividends
-
26 130
-
-
withholding
-
7 839
-
-
total
-
7 839
-
-
Income
33 500
33 500
33 500
33 500
Total tax
32 954
15 209
15 610
16 800
After tax
546
18 291
17 890
16 700
Living cost
37 763
37 763
37 763
37 763
Free-cash
-37 217
-19 472
-19 873
-21 063

Estimated living cost  is ₽37763 per week

₽25028
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Hamburg , Germany
-₽19943
-₽10228
-₽10228
-₽14112
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.

-
-
-
33 500
income

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

-
-
-
408
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.

-
-
-
23
health

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

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

-
-
-
6 414
trade
-
-
-
-
total
-
-
-
6 845
Employee

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

47 612
-
33 500
-
surtax

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

224
-
23
-
income

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

4 091
-
408
-
health

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

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

6 414
-
6 414
-
total
10 729
-
6 845
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
33 500
-
-
income
-
5 024
-
-
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.

-
276
-
-
chamber of commerce
-
191
-
-
trade
-
5 511
-
-
total
-
11 002
-
-
Dividends
-
22 498
-
-
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.

-
290
-
-
withholding
-
5 268
-
-
total
-
5 558
-
-
Income
33 500
33 500
33 500
33 500
Total tax
10 729
16 560
6 845
6 845
After tax
22 771
16 940
26 655
26 655
Living cost
36 883
36 883
36 883
36 883
Free-cash
-14 112
-19 943
-10 228
-10 228

Estimated living cost  is ₽36883 per week

₽24668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3889
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
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.
₽7775
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
-₽18184
-₽11019
-₽3431
-₽13050
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
-
-
-
35 692
income
-
-
-
-
social contributions
-
-
-
5 568
health
-
-
-
910
total
-
-
-
6 478
Employee
72 195
72 195
72 195
-
social contributions
3 508
5 992
2 525
-
income
7 581
6 683
7 936
-
health
718
1 228
517
-
total
11 807
13 903
10 978
-
Employer
72 195
72 195
72 195
-
health
782
1 336
563
-
social contributions
3 508
5 992
2 525
-
total
4 290
7 328
3 088
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
33 500
33 500
33 500
33 500
Total tax
16 097
21 231
14 066
6 478
After tax
17 403
12 269
19 434
27 022
Living cost
30 453
30 453
30 453
30 453
Free-cash
-13 050
-18 184
-11 019
-3 431

Estimated living cost  is ₽30453 per week

₽20817
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2379
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6746
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
₽2265
₽2596
₽6384
₽2617
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
-
-
-
33 500
income
-
-
-
4 095
unemployment
-
-
-
502
health
-
-
-
2 345
pensions
-
-
-
3 350
total
-
-
-
10 292
Employee

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

The minimum wage is 138,000 HUF per month.

24 286
9 665
28 033
-
unemployment
364
145
421
-
pensions
2 429
967
2 803
-
income
2 969
1 182
3 427
-
health
1 700
677
1 962
-
total
7 462
2 971
8 613
-
Employer

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

The minimum wage is 138,000 HUF per month.

24 286
9 665
28 033
-
pensions
4 736
1 885
5 467
-
total
4 736
1 885
5 467
-
Corporate
4 479
21 950
-
-
income
403
1 975
-
-
total
403
1 975
-
-
Dividends
4 076
19 974
-
-
social contributions
684
3 785
-
-
withholding
774
3 795
-
-
total
1 458
7 580
-
-
Income
33 500
33 500
33 500
33 500
Total tax
14 059
14 411
14 080
10 292
After tax
19 441
19 089
19 420
23 208
Living cost
16 824
16 824
16 824
16 824
Free-cash
2 617
2 265
2 596
6 384

Estimated living cost  is ₽16824 per week

₽11481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽336
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3630
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
₽4124
-₽1230
-₽2582
-₽2138
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
-
-
-
33 500
income
-
-
-
2 352
health
-
-
-
4 354
pensions
-
-
-
6 699
total
-
-
-
13 405
Employee
26 635
-
25 037
-
unemployment
426
-
401
-
pensions
533
-
501
-
income
2 999
-
2 689
-
total
3 958
-
3 591
-
Employer
26 635
-
25 037
-
health
3 462
-
3 255
-
pensions
5 327
-
5 007
-
unemployment
214
-
200
-
total
9 003
-
8 462
-
Corporate
-
33 500
-
-
income
-
6 699
-
-
total
-
6 699
-
-
Dividends
-
26 801
-
-
total
-
-
-
-
Income
33 500
33 500
33 500
33 500
Total tax
12 961
6 699
12 053
13 405
After tax
20 539
26 801
21 447
20 095
Living cost
22 677
22 677
22 677
22 677
Free-cash
-2 138
4 124
-1 230
-2 582

Estimated living cost  is ₽22677 per week

₽15554
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1351
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5317
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
-₽18217
-₽3241
₽1172
-₽6137
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
-
-
-
33 500
accident
-
-
-
240
income
-
-
-
4 770
other
-
-
-
353
health
-
-
-
2 075
pensions
-
-
-
3 959
total
-
-
-
11 397
Employee
32 926
-
27 829
-
pensions
3 708
-
3 134
-
income
4 517
-
3 818
-
health
3 770
-
3 186
-
total
11 995
-
10 138
-
Employer
32 926
-
27 829
-
pensions
5 354
-
4 525
-
accident
550
-
465
-
unemployment
807
-
682
-
total
6 711
-
5 672
-
Corporate
-
33 500
-
-
income

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

-
30 150
-
-
total
-
30 150
-
-
Dividends
-
3 350
-
-
withholding
-
636
-
-
total
-
636
-
-
Income
33 500
33 500
33 500
33 500
Total tax
18 706
30 786
15 810
11 397
After tax
14 794
2 714
17 690
22 103
Living cost
20 931
20 931
20 931
20 931
Free-cash
-6 137
-18 217
-3 241
1 172

Estimated living cost  is ₽20931 per week

₽15341
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3994
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
₽24274
₽19249
₽25614
₽22859
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%.

-
-
-
33 500
microenterprise

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

-
-
-
335
total
-
-
-
335
Employee
9 438
-
33 500
-
income
1 887
-
6 700
-
total
1 887
-
6 700
-
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%.

24 062
33 500
-
-
total
-
-
-
-
Dividends
24 062
33 500
-
-
withholding
1 203
1 675
-
-
total
1 203
1 675
-
-
Income
33 500
33 500
33 500
33 500
Total tax
3 090
1 675
6 700
335
After tax
30 410
31 825
26 800
33 165
Living cost
7 551
7 551
7 551
7 551
Free-cash
22 859
24 274
19 249
25 614

Estimated living cost  is ₽7551 per week

₽4680
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2036
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
-₽404
-₽5380
-₽6875
-₽9180
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
-
-
-
33 500
income
-
-
-
4 255
other
-
-
-
1 591
health
-
-
-
1 473
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.

-
-
-
8 039
total
-
-
-
15 358
Employee
34 090
-
26 756
-
unemployment
340
-
267
-
pensions

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

2 386
-
1 874
-
income
5 869
-
4 606
-
health
477
-
374
-
total
9 072
-
7 121
-
Employer
34 090
-
26 756
-
health
477
-
374
-
pensions

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

5 796
-
4 549
-
accident
273
-
214
-
unemployment
340
-
267
-
other
1 705
-
1 338
-
total
8 591
-
6 742
-
Corporate
-
33 500
-
-
income
-
7 034
-
-
total
-
7 034
-
-
Dividends
-
26 466
-
-
withholding
-
1 853
-
-
total
-
1 853
-
-
Income
33 500
33 500
33 500
33 500
Total tax
17 663
8 887
13 863
15 358
After tax
15 837
24 613
19 637
18 142
Living cost
25 017
25 017
25 017
25 017
Free-cash
-9 180
-404
-5 380
-6 875

Estimated living cost  is ₽25017 per week

₽17676
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽403
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.
₽5249
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
-₽37895
-₽40068
-₽37350
-₽67848
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
-
-
-
33 500
income
-
-
-
6 412
pensions
-
-
-
1 442
total
-
-
-
7 854
Employee
89 130
-
30 490
-
pensions
8 599
-
1 562
-
income
16 067
-
5 732
-
health
1 469
-
268
-
total
26 135
-
7 562
-
Employer
89 130
-
30 490
-
health
1 693
-
579
-
pensions
10 524
-
2 431
-
total
12 217
-
3 010
-
Corporate
-
33 500
-
-
income

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

-
6 364
-
-
total
-
6 364
-
-
Dividends
-
27 136
-
-
withholding
-
2 035
-
-
total
-
2 035
-
-
Income
33 500
33 500
33 500
33 500
Total tax
38 352
8 399
10 572
7 854
After tax
-4 852
25 101
22 928
25 646
Living cost
62 996
62 996
62 996
62 996
Free-cash
-67 848
-37 895
-40 068
-37 350

Estimated living cost  is ₽62996 per week

₽47204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7402
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
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.
₽7879
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
₽16332
₽8840
₽7408
₽11973
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
-
-
-
33 500
income
-
-
-
5 025
unemployment
-
-
-
131
health
-
-
-
3 772
pensions

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

-
-
-
4 854
total
-
-
-
13 782
Employee
16 300
-
28 005
-
accident

We are using the highest rate at 1.1%.

179
-
308
-
pensions

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

1 431
-
2 459
-
income
1 630
-
2 800
-
health
750
-
1 288
-
total
3 990
-
6 855
-
Employer
16 300
-
28 005
-
health
1 125
-
1 933
-
pensions

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

1 796
-
3 086
-
accident

We are using the highest rate at 1.1%.

179
-
308
-
unemployment
97
-
168
-
total
3 197
-
5 495
-
Corporate
14 001
33 500
-
-
income
1 400
3 350
-
-
total
1 400
3 350
-
-
Dividends
12 601
30 150
-
-
withholding
630
1 508
-
-
total
630
1 508
-
-
Income
33 500
33 500
33 500
33 500
Total tax
9 217
4 858
12 350
13 782
After tax
24 283
28 642
21 150
19 718
Living cost
12 310
12 310
12 310
12 310
Free-cash
11 973
16 332
8 840
7 408

Estimated living cost  is ₽12310 per week

₽7187
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽879
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽326
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3918
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
-₽67192
-₽72463
-₽32750
-₽68786
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
-
-
-
33 500
income
-
-
-
3 015
health
-
-
-
5 142
pensions
-
-
-
6 031
total
-
-
-
14 188
Employee
87 046
80 176
80 176
-
pensions
11 000
11 000
14 432
-
income

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

13 124
13 124
13 124
-
health
10 859
10 467
12 306
-
total
34 983
34 591
39 862
-
Employer
87 046
80 176
80 176
-
health
6 049
5 573
5 573
-
pensions
6 058
5 580
5 580
-
unemployment
3 134
2 886
2 886
-
total
15 241
14 039
14 039
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
33 500
33 500
33 500
33 500
Total tax
50 224
48 630
53 901
14 188
After tax
-16 724
-15 130
-20 401
19 312
Living cost
52 062
52 062
52 062
52 062
Free-cash
-68 786
-67 192
-72 463
-32 750

Estimated living cost  is ₽52062 per week

₽38405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8411
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
₽75
-₽5990
-₽6673
-₽11804
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
-
-
-
33 500
income
-
-
-
2 879
social contributions
-
-
-
9 782
solidarity contribution
-
-
-
-
health
-
-
-
4 522
total
-
-
-
17 183
Employee
33 809
-
25 000
-
solidarity contribution
-
-
-
-
social contributions
2 198
-
1 625
-
income
4 057
-
3 000
-
health
4 564
-
3 375
-
total
10 819
-
8 000
-
Employer
33 809
-
25 000
-
health
3 043
-
2 250
-
social contributions
8 452
-
6 250
-
total
11 495
-
8 500
-
Corporate
-
33 500
-
-
income
-
6 365
-
-
total
-
6 365
-
-
Dividends
-
27 135
-
-
withholding
-
4 070
-
-
total
-
4 070
-
-
Income
33 500
33 500
33 500
33 500
Total tax
22 314
10 435
16 500
17 183
After tax
11 186
23 065
17 000
16 317
Living cost
22 990
22 990
22 990
22 990
Free-cash
-11 804
75
-5 990
-6 673

Estimated living cost  is ₽22990 per week

₽15969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1636
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4933
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
-₽21744
-₽22970
-₽20962
-₽49941
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
-
-
-
33 500
social contributions
-
-
-
8 616
regional
-
-
-
306
municipal
-
-
-
200
national
-
-
-
5 723
total
-
-
-
14 845
Employee
83 442
-
33 500
-
municipal
442
-
178
-
national
14 458
-
5 106
-
regional
787
-
273
-
social contributions
28 137
-
11 296
-
total
43 824
-
16 853
-
Employer
83 442
-
33 500
-
total
-
-
-
-
Corporate
-
33 500
-
-
municipal
-
1 306
-
-
nationa
-
8 041
-
-
total
-
9 347
-
-
Dividends
-
24 153
-
-
withholding
-
6 280
-
-
total
-
6 280
-
-
Income
33 500
33 500
33 500
33 500
Total tax
43 824
15 627
16 853
14 845
After tax
-10 324
17 873
16 647
18 655
Living cost
39 617
39 617
39 617
39 617
Free-cash
-49 941
-21 744
-22 970
-20 962

Estimated living cost  is ₽39617 per week

₽27616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2598
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽608
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.
₽8794
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
₽353
-₽2200
-₽1413
-₽4083
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
-
-
-
33 500
income
-
-
-
4 841
other
-
-
-
-
surtax
-
-
-
62
unemployment
-
-
-
214
health
-
-
-
2 379
pensions
-
-
-
6 699
total
-
-
-
14 195
Employee
31 048
-
27 674
-
other
-
-
-
-
unemployment
2 161
-
1 926
-
pensions
2 070
-
1 846
-
surtax
102
-
39
-
income
5 204
-
4 640
-
health
793
-
706
-
total
10 330
-
9 157
-
Employer
31 048
-
27 674
-
health
1 413
-
1 260
-
pensions
4 139
-
3 688
-
unemployment
983
-
877
-
other
-
-
-
-
total
6 535
-
5 825
-
Corporate
-
33 500
-
-
income
-
8 711
-
-
total
-
8 711
-
-
Dividends
-
24 789
-
-
withholding
-
3 718
-
-
total
-
3 718
-
-
Income
33 500
33 500
33 500
33 500
Total tax
16 865
12 429
14 982
14 195
After tax
16 635
21 071
18 518
19 305
Living cost
20 718
20 718
20 718
20 718
Free-cash
-4 083
353
-2 200
-1 413

Estimated living cost  is ₽20718 per week

₽12668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1912
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5660
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
-₽17936
-₽20109
-₽17391
-₽33833
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
-
-
-
33 500
income
-
-
-
6 412
pensions
-
-
-
1 442
total
-
-
-
7 854
Employee
59 733
-
30 490
-
pensions
5 070
-
1 562
-
income
10 758
-
5 732
-
health
867
-
268
-
total
16 695
-
7 562
-
Employer
59 733
-
30 490
-
health
1 135
-
579
-
pensions
6 466
-
2 431
-
total
7 601
-
3 010
-
Corporate
-
33 500
-
-
income

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

-
6 364
-
-
total
-
6 364
-
-
Dividends
-
27 136
-
-
withholding
-
2 035
-
-
total
-
2 035
-
-
Income
33 500
33 500
33 500
33 500
Total tax
24 296
8 399
10 572
7 854
After tax
9 204
25 101
22 928
25 646
Living cost
43 037
43 037
43 037
43 037
Free-cash
-33 833
-17 936
-20 109
-17 391

Estimated living cost  is ₽43037 per week

₽32243
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3226
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7117
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
-₽58960
-₽48300
-₽45551
-₽61708
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
-
-
-
33 500
other

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

-
-
-
670
regional
-
-
-
412
health
-
-
-
242
city
-
-
-
351
national
-
-
-
13
pensions
-
-
-
3 083
total
-
-
-
4 771
Employee
86 926
-
29 429
-
unemployment
-
-
-
-
pensions
7 303
-
3 091
-
national
411
-
-
-
regional
2 846
-
305
-
city
933
-
309
-
health
197
-
67
-
total
11 690
-
3 772
-
Employer
86 926
-
29 429
-
health
197
-
67
-
pensions
7 303
-
3 091
-
unemployment
-
-
-
-
other

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

1 738
-
590
-
total
9 238
-
3 748
-
Corporate
-
33 500
-
-
regional
-
7 085
-
-
national
-
2 848
-
-
total
-
9 933
-
-
Dividends
-
23 566
-
-
withholding
-
8 247
-
-
total
-
8 247
-
-
Income
33 500
33 500
33 500
33 500
Total tax
20 928
18 180
7 520
4 771
After tax
12 572
15 320
25 980
28 729
Living cost
74 280
74 280
74 280
74 280
Free-cash
-61 708
-58 960
-48 300
-45 551

Estimated living cost  is ₽74280 per week

₽48303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽912
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.
₽18399
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
-₽26242
-₽16355
-₽16355
-₽22924
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.

-
-
-
33 500
income

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

-
-
-
408
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.

-
-
-
23
health

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

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

-
-
-
6 414
trade
-
-
-
-
total
-
-
-
6 845
Employee

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

56 425
-
33 500
-
surtax

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

365
-
23
-
income

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

6 635
-
408
-
health

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

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

6 414
-
6 414
-
total
13 414
-
6 845
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
33 500
-
-
income
-
5 024
-
-
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.

-
276
-
-
chamber of commerce
-
189
-
-
trade
-
5 746
-
-
total
-
11 235
-
-
Dividends
-
22 265
-
-
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.

-
287
-
-
withholding
-
5 210
-
-
total
-
5 497
-
-
Income
33 500
33 500
33 500
33 500
Total tax
13 414
16 732
6 845
6 845
After tax
20 086
16 768
26 655
26 655
Living cost
43 010
43 010
43 010
43 010
Free-cash
-22 924
-26 242
-16 355
-16 355

Estimated living cost  is ₽43010 per week

₽31413
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3440
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7599
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
-₽15239
-₽10806
-₽11583
-₽19230
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
-
-
-
33 500
income
-
-
-
479
other
-
-
-
1 039
surtax
-
-
-
-
social contributions
-
-
-
953
health
-
-
-
292
pensions
-
-
-
10 198
total
-
-
-
12 961
Employee
40 183
-
25 529
-
pensions
4 543
-
2 886
-
surtax
-
-
-
-
social contributions
1 146
-
727
-
income
2 371
-
600
-
total
8 060
-
4 213
-
Employer
40 183
-
25 529
-
health
2 813
-
1 787
-
pensions
6 601
-
4 194
-
unemployment
1 627
-
1 033
-
social contributions
121
-
77
-
other
1 386
-
880
-
total
12 548
-
7 971
-
Corporate
-
33 500
-
-
income
-
9 381
-
-
surtax
-
-
-
-
total
-
9 381
-
-
Dividends
-
24 119
-
-
surtax
-
-
-
-
social contributions
-
4 148
-
-
withholding
-
3 088
-
-
total
-
7 236
-
-
Income
33 500
33 500
33 500
33 500
Total tax
20 608
16 617
12 184
12 961
After tax
12 892
16 883
21 316
20 539
Living cost
32 122
32 122
32 122
32 122
Free-cash
-19 230
-15 239
-10 806
-11 583

Estimated living cost  is ₽32122 per week

₽20254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2612
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8711
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
-₽12057
-₽7624
-₽8401
-₽13570
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
-
-
-
33 500
income
-
-
-
479
other
-
-
-
1 039
surtax
-
-
-
-
social contributions
-
-
-
953
health
-
-
-
292
pensions
-
-
-
10 198
total
-
-
-
12 961
Employee
35 869
-
25 529
-
pensions
4 057
-
2 886
-
surtax
-
-
-
-
social contributions
1 023
-
727
-
income
1 849
-
600
-
total
6 929
-
4 213
-
Employer
35 869
-
25 529
-
health
2 510
-
1 787
-
pensions
5 894
-
4 194
-
unemployment
1 452
-
1 033
-
social contributions
107
-
77
-
other
1 238
-
880
-
total
11 201
-
7 971
-
Corporate
-
33 500
-
-
income
-
9 381
-
-
surtax
-
-
-
-
total
-
9 381
-
-
Dividends
-
24 119
-
-
surtax
-
-
-
-
social contributions
-
4 148
-
-
withholding
-
3 088
-
-
total
-
7 236
-
-
Income
33 500
33 500
33 500
33 500
Total tax
18 130
16 617
12 184
12 961
After tax
15 370
16 883
21 316
20 539
Living cost
28 940
28 940
28 940
28 940
Free-cash
-13 570
-12 057
-7 624
-8 401

Estimated living cost  is ₽28940 per week

₽16784
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
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.
₽8668
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
₽529
₽936
₽1605
-₽1120
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
-
-
-
33 500
income
-
-
-
5 024
social contributions
-
-
-
4 624
health
-
-
-
2 338
total
-
-
-
11 986
Employee
31 834
-
33 500
-
social contributions
4 394
-
4 624
-
income
5 309
-
5 693
-
health
2 222
-
2 338
-
total
11 925
-
12 655
-
Employer
31 834
-
33 500
-
total
-
-
-
-
Corporate
1 666
33 500
-
-
income

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

84
1 675
-
-
total
84
1 675
-
-
Dividends
1 583
31 825
-
-
social contributions
1 637
4 392
-
-
withholding
237
4 773
-
-
health
828
2 222
-
-
total
2 702
11 387
-
-
Income
33 500
33 500
33 500
33 500
Total tax
14 711
13 062
12 655
11 986
After tax
18 789
20 438
20 845
21 514
Living cost
19 909
19 909
19 909
19 909
Free-cash
-1 120
529
936
1 605

Estimated living cost  is ₽19909 per week

₽13324
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1228
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4898
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
-₽20962
-₽21260
-₽14418
-₽28001
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
-
-
-
33 500
income
-
-
-
-
surtax
-
-
-
185
unemployment
-
-
-
5 758
chamber of commerce
-
-
-
134
health
-
-
-
2 562
pensions
-
-
-
6 197
total
-
-
-
14 836
Employee
46 921
37 416
37 416
-
other
469
374
251
-
unemployment
1 408
1 122
755
-
pensions
4 805
3 831
2 578
-
income
5 342
2 760
3 392
-
health
1 816
1 449
975
-
total
13 840
9 536
7 951
-
Employer
46 921
37 416
37 416
-
chamber of commerce
187
150
150
-
health
1 773
1 415
951
-
pensions
5 889
4 697
3 159
-
accident
609
486
328
-
unemployment
1 408
1 122
755
-
surtax
185
185
185
-
payroll
1 408
1 122
1 122
-
other
2 229
1 776
1 673
-
total
13 688
10 953
8 323
-
Corporate
3 563
3 563
21 613
-
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.

891
891
5 404
-
total
891
891
5 404
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
33 500
33 500
33 500
33 500
Total tax
28 419
21 380
21 678
14 836
After tax
5 081
12 120
11 822
18 664
Living cost
33 082
33 082
33 082
33 082
Free-cash
-28 001
-20 962
-21 260
-14 418

Estimated living cost  is ₽33082 per week

₽22065
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2822
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7652
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
-₽15224
-₽18672
-₽13663
-₽53208
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
-
-
-
33 500
communal

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

-
-
-
1 892
social contributions
-
-
-
1 965
national
-
-
-
9 073
total
-
-
-
12 930
Employee

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

67 159
-
25 946
-
unemployment

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

584
-
226
-
communal

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

3 503
-
1 354
-
pensions

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

5 037
-
1 946
-
national
20 647
-
5 639
-
health

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

3 155
-
1 219
-
total
32 926
-
10 384
-
Employer

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

67 159
-
25 946
-
health

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

4 130
-
1 595
-
pensions

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

5 951
-
2 298
-
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.

873
-
339
-
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.

980
-
380
-
surtax
7 615
-
2 943
-
total
19 549
-
7 555
-
Corporate
-
33 500
-
-
income
-
6 699
-
-
surtax
-
134
-
-
total
-
6 833
-
-
Dividends
-
26 667
-
-
withholding

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

-
7 658
-
-
total
-
7 658
-
-
Income
33 500
33 500
33 500
33 500
Total tax
52 475
14 491
17 939
12 930
After tax
-18 975
19 009
15 561
20 570
Living cost
34 233
34 233
34 233
34 233
Free-cash
-53 208
-15 224
-18 672
-13 663

Estimated living cost  is ₽34233 per week

₽22050
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2993
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8654
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
-₽11197
-₽16480
-₽14976
-₽28133
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
-
-
-
33 500
accident
-
-
-
301
income
-
-
-
4 519
other
-
-
-
34
unemployment
-
-
-
235
pensions
-
-
-
9 480
total
-
-
-
14 569
Employee
46 735
-
23 505
-
other
46
-
32
-
unemployment
725
-
486
-
pensions
2 197
-
1 473
-
income
9 861
-
4 087
-
total
12 829
-
6 078
-
Employer
46 735
-
23 505
-
pensions
11 029
-
7 399
-
accident
925
-
620
-
unemployment
2 571
-
1 725
-
other
372
-
251
-
total
14 897
-
9 995
-
Corporate
-
33 500
-
-
income

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

-
5 024
-
-
total
-
5 024
-
-
Dividends
-
28 476
-
-
withholding
-
5 766
-
-
total
-
5 766
-
-
Income
33 500
33 500
33 500
33 500
Total tax
27 726
10 790
16 073
14 569
After tax
5 774
22 710
17 427
18 931
Living cost
33 907
33 907
33 907
33 907
Free-cash
-28 133
-11 197
-16 480
-14 976

Estimated living cost  is ₽33907 per week

₽24969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6044
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
-₽29943
-₽30208
-₽30207
-₽46095
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
-
-
-
33 500
communal
-
-
-
-
accident
-
-
-
403
income
-
-
-
201
surtax
-
-
-
1 582
health
-
-
-
3 350
pensions
-
-
-
7 148
total
-
-
-
12 684
Employee
71 101
-
28 160
-
pensions
5 687
-
3 574
-
surtax
4 358
-
1 582
-
income
6 868
-
201
-
health
3 164
-
1 988
-
total
20 077
-
7 345
-
Employer
71 101
-
28 160
-
health
2 168
-
1 363
-
pensions
5 687
-
3 574
-
accident
640
-
403
-
total
8 495
-
5 340
-
Corporate
-
33 500
-
-
communal
-
2 261
-
-
income
-
5 024
-
-
surtax
-
351
-
-
total
-
7 636
-
-
Dividends
-
25 864
-
-
income
-
905
-
-
withholding
-
3 879
-
-
total
-
4 784
-
-
Income
33 500
33 500
33 500
33 500
Total tax
28 572
12 420
12 685
12 684
After tax
4 928
21 080
20 815
20 816
Living cost
51 023
51 023
51 023
51 023
Free-cash
-46 095
-29 943
-30 208
-30 207

Estimated living cost  is ₽51023 per week

₽38274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3091
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9115
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
-₽17
-₽2570
-₽1783
-₽4775
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
-
-
-
33 500
income
-
-
-
4 841
other
-
-
-
-
surtax
-
-
-
62
unemployment
-
-
-
214
health
-
-
-
2 379
pensions
-
-
-
6 699
total
-
-
-
14 195
Employee
31 618
-
27 674
-
other
-
-
-
-
unemployment
2 200
-
1 926
-
pensions
2 110
-
1 846
-
surtax
112
-
39
-
income
5 301
-
4 640
-
health
807
-
706
-
total
10 530
-
9 157
-
Employer
31 618
-
27 674
-
health
1 438
-
1 260
-
pensions
4 216
-
3 688
-
unemployment
1 003
-
877
-
other
-
-
-
-
total
6 657
-
5 825
-
Corporate
-
33 500
-
-
income
-
8 711
-
-
total
-
8 711
-
-
Dividends
-
24 789
-
-
withholding
-
3 718
-
-
total
-
3 718
-
-
Income
33 500
33 500
33 500
33 500
Total tax
17 187
12 429
14 982
14 195
After tax
16 313
21 071
18 518
19 305
Living cost
21 088
21 088
21 088
21 088
Free-cash
-4 775
-17
-2 570
-1 783

Estimated living cost  is ₽21088 per week

₽12732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1833
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6035
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
-₽7682
-₽8822
-₽6836
-₽18581
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
-
-
-
33 500
social contributions
-
-
-
8 616
regional
-
-
-
506
municipal
-
-
-
200
national
-
-
-
5 723
total
-
-
-
15 045
Employee
52 081
-
33 500
-
municipal
276
-
178
-
national
8 251
-
5 106
-
regional
701
-
451
-
social contributions
17 562
-
11 296
-
total
26 790
-
17 031
-
Employer
52 081
-
33 500
-
total
-
-
-
-
Corporate
-
33 500
-
-
municipal
-
1 664
-
-
nationa
-
8 041
-
-
total
-
9 705
-
-
Dividends
-
23 795
-
-
withholding
-
6 186
-
-
total
-
6 186
-
-
Income
33 500
33 500
33 500
33 500
Total tax
26 790
15 891
17 031
15 045
After tax
6 710
17 609
16 469
18 455
Living cost
25 291
25 291
25 291
25 291
Free-cash
-18 581
-7 682
-8 822
-6 836

Estimated living cost  is ₽25291 per week

₽15729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6567
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
-₽5265
-₽11330
-₽12013
-₽22327
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
-
-
-
33 500
income
-
-
-
2 879
social contributions
-
-
-
9 782
solidarity contribution
-
-
-
-
health
-
-
-
4 522
total
-
-
-
17 183
Employee
41 662
-
25 000
-
solidarity contribution
-
-
-
-
social contributions
2 708
-
1 625
-
income
4 999
-
3 000
-
health
5 624
-
3 375
-
total
13 331
-
8 000
-
Employer
41 662
-
25 000
-
health
3 750
-
2 250
-
social contributions
10 416
-
6 250
-
total
14 166
-
8 500
-
Corporate
-
33 500
-
-
income
-
6 365
-
-
total
-
6 365
-
-
Dividends
-
27 135
-
-
withholding
-
4 070
-
-
total
-
4 070
-
-
Income
33 500
33 500
33 500
33 500
Total tax
27 497
10 435
16 500
17 183
After tax
6 003
23 065
17 000
16 317
Living cost
28 330
28 330
28 330
28 330
Free-cash
-22 327
-5 265
-11 330
-12 013

Estimated living cost  is ₽28330 per week

₽21068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1569
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5203
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
-₽17649
-₽18036
-₽11105
-₽20243
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
-
-
-
33 500
income
-
-
-
-
surtax
-
-
-
-
unemployment
-
-
-
5 758
chamber of commerce
-
-
-
134
health
-
-
-
2 562
pensions
-
-
-
6 197
total
-
-
-
14 651
Employee
41 041
37 416
37 416
-
other
410
374
253
-
unemployment
1 231
1 122
759
-
pensions
4 203
3 831
2 594
-
income
3 656
2 760
3 383
-
health
1 587
1 449
980
-
total
11 087
9 536
7 969
-
Employer
41 041
37 416
37 416
-
chamber of commerce
164
150
150
-
health
1 552
1 415
957
-
pensions
5 151
4 697
3 179
-
accident
533
486
330
-
unemployment
1 231
1 122
759
-
surtax
-
-
-
-
payroll
1 231
1 122
1 122
-
other
1 949
1 776
1 675
-
total
11 811
10 768
8 172
-
Corporate
3 563
3 563
21 766
-
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.

891
891
5 441
-
total
891
891
5 441
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
33 500
33 500
33 500
33 500
Total tax
23 789
21 195
21 582
14 651
After tax
9 711
12 305
11 918
18 849
Living cost
29 954
29 954
29 954
29 954
Free-cash
-20 243
-17 649
-18 036
-11 105

Estimated living cost  is ₽29954 per week

₽17968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3059
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
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.
₽8392
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
₽20058
₽15033
₽21398
₽17851
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%.

-
-
-
33 500
microenterprise

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

-
-
-
335
total
-
-
-
335
Employee
14 709
-
33 500
-
income
2 942
-
6 700
-
total
2 942
-
6 700
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

18 791
33 500
-
-
total
-
-
-
-
Dividends
18 791
33 500
-
-
withholding
940
1 675
-
-
total
940
1 675
-
-
Income
33 500
33 500
33 500
33 500
Total tax
3 882
1 675
6 700
335
After tax
29 618
31 825
26 800
33 165
Living cost
11 767
11 767
11 767
11 767
Free-cash
17 851
20 058
15 033
21 398

Estimated living cost  is ₽11767 per week

₽7963
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2915
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
-₽2118
-₽7128
-₽6065
-₽14482
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.

-
-
-
33 500
income
-
-
-
4 918
unemployment
-
-
-
50
health
-
-
-
3 296
pensions
-
-
-
6 118
total
-
-
-
14 382
Employee

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

41 517
-
28 987
-
unemployment
59
-
41
-
pensions
6 435
-
4 493
-
income
7 160
-
4 524
-
health
2 681
-
1 873
-
total
16 335
-
10 931
-
Employer

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

41 517
-
28 987
-
health
2 765
-
1 930
-
pensions
3 674
-
2 566
-
unemployment
25
-
18
-
total
6 464
-
4 514
-
Corporate
-
33 500
-
-
income
-
6 364
-
-
total
-
6 364
-
-
Dividends
-
27 136
-
-
withholding
-
4 071
-
-
total
-
4 071
-
-
Income
33 500
33 500
33 500
33 500
Total tax
22 799
10 435
15 445
14 382
After tax
10 701
23 065
18 055
19 118
Living cost
25 183
25 183
25 183
25 183
Free-cash
-14 482
-2 118
-7 128
-6 065

Estimated living cost  is ₽25183 per week

₽17282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1614
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5799
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
-₽19720
-₽19242
-₽16950
-₽105073
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
-
-
-
33 500
income
-
-
-
6 530
social contributions
-
-
-
3 819
total
-
-
-
10 349
Employee
57 499
-
2 557
-
social contributions
4 715
-
672
-
income
12 683
-
415
-
total
17 398
-
1 087
-
Employer
57 499
-
2 557
-
social contributions
81 074
-
11 554
-
total
81 074
-
11 554
-
Corporate
-
33 500
-
-
income
-
7 370
-
-
total
-
7 370
-
-
Dividends
-
26 130
-
-
income
-
5 749
-
-
total
-
5 749
-
-
Income
33 500
33 500
33 500
33 500
Total tax
98 472
13 119
12 641
10 349
After tax
-64 972
20 381
20 859
23 151
Living cost
40 101
40 101
40 101
40 101
Free-cash
-105 073
-19 720
-19 242
-16 950

Estimated living cost  is ₽40101 per week

₽26019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3772
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9799
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
-₽10394
-₽10098
-₽9620
-₽19937
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.

-
-
-
33 500
income
-
-
-
2 028
surtax
-
-
-
-
social contributions

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

-
-
-
11 642
total
-
-
-
13 670
Employee
43 181
-
27 070
-
surtax
-
-
-
-
social contributions
4 750
-
2 977
-
income
8 982
-
4 743
-
total
13 732
-
7 720
-
Employer
43 181
-
27 070
-
social contributions
10 255
-
6 428
-
total
10 255
-
6 428
-
Corporate
-
33 500
-
-
income
-
7 034
-
-
surtax
-
-
-
-
total
-
7 034
-
-
Dividends
-
26 466
-
-
withholding
-
7 410
-
-
total
-
7 410
-
-
Income
33 500
33 500
33 500
33 500
Total tax
23 987
14 444
14 148
13 670
After tax
9 513
19 056
19 352
19 830
Living cost
29 450
29 450
29 450
29 450
Free-cash
-19 937
-10 394
-10 098
-9 620

Estimated living cost  is ₽29450 per week

₽22034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1737
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
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.
₽5187
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
-₽28464
-₽24031
-₽24808
-₽43669
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
-
-
-
33 500
income
-
-
-
479
other
-
-
-
1 039
surtax
-
-
-
-
social contributions
-
-
-
953
health
-
-
-
292
pensions
-
-
-
10 198
total
-
-
-
12 961
Employee
58 804
-
25 529
-
pensions
6 651
-
2 886
-
surtax
-
-
-
-
social contributions
1 675
-
727
-
income
5 131
-
600
-
total
13 457
-
4 213
-
Employer
58 804
-
25 529
-
health
4 116
-
1 787
-
pensions
9 662
-
4 194
-
unemployment
2 382
-
1 033
-
social contributions
176
-
77
-
other
2 029
-
880
-
total
18 365
-
7 971
-
Corporate
-
33 500
-
-
income
-
9 381
-
-
surtax
-
-
-
-
total
-
9 381
-
-
Dividends
-
24 119
-
-
surtax
-
-
-
-
social contributions
-
4 148
-
-
withholding
-
3 088
-
-
total
-
7 236
-
-
Income
33 500
33 500
33 500
33 500
Total tax
31 822
16 617
12 184
12 961
After tax
1 678
16 883
21 316
20 539
Living cost
45 347
45 347
45 347
45 347
Free-cash
-43 669
-28 464
-24 031
-24 808

Estimated living cost  is ₽45347 per week

₽30690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽622
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10325
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
₽1928
-₽1102
-₽2091
-₽1363
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
-
-
-
33 500
income
-
-
-
-
social contributions
-
-
-
7 369
total
-
-
-
7 369
Employee
30 184
-
29 003
-
income
-
-
-
-
social contributions
1 962
-
1 885
-
total
1 962
-
1 885
-
Employer
30 184
-
29 003
-
social contributions
4 679
-
4 495
-
total
4 679
-
4 495
-
Corporate
-
33 500
-
-
income
-
3 350
-
-
total
-
3 350
-
-
Dividends
-
30 150
-
-
total
-
-
-
-
Income
33 500
33 500
33 500
33 500
Total tax
6 641
3 350
6 380
7 369
After tax
26 859
30 150
27 120
26 131
Living cost
28 222
28 222
28 222
28 222
Free-cash
-1 363
1 928
-1 102
-2 091

Estimated living cost  is ₽28222 per week

₽18248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2127
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7316
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
-₽171058
-₽171058
-₽22156
-₽171058
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
-
-
-
33 500
labour market
-
-
-
2 615
municipal
-
-
-
4 379
national
-
-
-
2 632
pensions
-
-
-
814
total
-
-
-
10 440
Employee
190 844
190 844
190 844
-
municipal
40 639
40 639
40 639
-
labour market
15 246
15 246
15 246
-
pensions
271
271
271
-
national
23 315
23 315
23 315
-
total
79 471
79 471
79 471
-
Employer
190 844
190 844
190 844
-
national
23 356
23 356
23 356
-
labour market
15 268
15 268
15 268
-
pensions
543
543
543
-
municipal
40 704
40 704
40 704
-
total
79 871
79 871
79 871
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
33 500
33 500
33 500
33 500
Total tax
159 342
159 342
159 342
10 440
After tax
-125 842
-125 842
-125 842
23 060
Living cost
45 216
45 216
45 216
45 216
Free-cash
-171 058
-171 058
-171 058
-22 156

Estimated living cost  is ₽45216 per week

₽30946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽695
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9574
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
-₽17908
-₽2932
₽1481
-₽5552
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
-
-
-
33 500
accident
-
-
-
240
income
-
-
-
4 770
other
-
-
-
353
health
-
-
-
2 075
pensions
-
-
-
3 959
total
-
-
-
11 397
Employee
32 441
-
27 829
-
pensions
3 653
-
3 134
-
income
4 450
-
3 818
-
health
3 715
-
3 186
-
total
11 818
-
10 138
-
Employer
32 441
-
27 829
-
pensions
5 275
-
4 525
-
accident
542
-
465
-
unemployment
795
-
682
-
total
6 612
-
5 672
-
Corporate
-
33 500
-
-
income

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

-
30 150
-
-
total
-
30 150
-
-
Dividends
-
3 350
-
-
withholding
-
636
-
-
total
-
636
-
-
Income
33 500
33 500
33 500
33 500
Total tax
18 430
30 786
15 810
11 397
After tax
15 070
2 714
17 690
22 103
Living cost
20 622
20 622
20 622
20 622
Free-cash
-5 552
-17 908
-2 932
1 481

Estimated living cost  is ₽20622 per week

₽15011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1176
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4049
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
-₽12864
-₽14880
-₽8800
-₽25218
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

-
-
-
33 500
health
-
-
-
125
municipal
-
-
-
6 008
national
-
-
-
121
total
-
-
-
6 254
Employee
49 396
-
28 182
-
municipal
8 091
-
4 647
-
unemployment
741
-
422
-
pensions
3 334
-
1 903
-
national
816
-
-
-
health
369
-
43
-
total
13 351
-
7 015
-
Employer
49 396
-
28 182
-
health
380
-
217
-
pensions
8 570
-
4 889
-
accident
50
-
29
-
unemployment
321
-
184
-
total
9 321
-
5 319
-
Corporate
-
33 500
-
-
income
-
6 699
-
-
total
-
6 699
-
-
Dividends

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

-
20 101
-
-
municipal
-
3 619
-
-
national
-
-
-
-
total
-
3 619
-
-
Income
33 500
33 500
33 500
33 500
Total tax
22 672
10 318
12 334
6 254
After tax
10 828
23 182
21 166
27 246
Living cost
36 046
36 046
36 046
36 046
Free-cash
-25 218
-12 864
-14 880
-8 800

Estimated living cost  is ₽36046 per week

₽23545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3467
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
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.
₽8461
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
-₽9469
-₽2304
₽5284
-₽2726
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
-
-
-
35 692
income
-
-
-
-
social contributions
-
-
-
5 568
health
-
-
-
910
total
-
-
-
6 478
Employee
72 195
72 195
72 195
-
social contributions
2 730
5 992
2 525
-
income
7 861
6 683
7 936
-
health
559
1 228
517
-
total
11 150
13 903
10 978
-
Employer
72 195
72 195
72 195
-
health
608
1 336
563
-
social contributions
2 730
5 992
2 525
-
total
3 338
7 328
3 088
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
33 500
33 500
33 500
33 500
Total tax
14 488
21 231
14 066
6 478
After tax
19 012
12 269
19 434
27 022
Living cost
21 738
21 738
21 738
21 738
Free-cash
-2 726
-9 469
-2 304
5 284

Estimated living cost  is ₽21738 per week

₽13028
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2133
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6097
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
₽12834
₽5968
₽6876
₽8058
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
-
-
-
33 500
income
-
-
-
2 320
unemployment
-
-
-
27
health
-
-
-
3 398
pensions
-
-
-
5 972
total
-
-
-
11 717
Employee

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

21 550
-
30 371
-
unemployment
107
-
151
-
pensions
3 232
-
4 556
-
income
1 473
-
2 208
-
health
1 832
-
2 582
-
total
6 644
-
9 497
-
Employer

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

21 550
-
30 371
-
health
926
-
1 306
-
pensions
1 185
-
1 671
-
unemployment
107
-
151
-
total
2 218
-
3 128
-
Corporate
9 731
33 500
-
-
income
877
3 015
-
-
total
877
3 015
-
-
Dividends
8 855
30 485
-
-
withholding
796
2 744
-
-
total
796
2 744
-
-
Income
33 500
33 500
33 500
33 500
Total tax
10 535
5 759
12 625
11 717
After tax
22 965
27 741
20 875
21 783
Living cost
14 907
14 907
14 907
14 907
Free-cash
8 058
12 834
5 968
6 876

Estimated living cost  is ₽14907 per week

₽9511
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
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.
₽3877
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
-₽3108
-₽8391
-₽6887
-₽12283
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
-
-
-
33 500
accident
-
-
-
301
income
-
-
-
4 519
other
-
-
-
34
unemployment
-
-
-
235
pensions
-
-
-
9 480
total
-
-
-
14 569
Employee
34 716
-
23 505
-
other
34
-
32
-
unemployment
538
-
486
-
pensions
1 632
-
1 473
-
income
6 693
-
4 087
-
total
8 897
-
6 078
-
Employer
34 716
-
23 505
-
pensions
8 192
-
7 399
-
accident
688
-
620
-
unemployment
1 910
-
1 725
-
other
278
-
251
-
total
11 068
-
9 995
-
Corporate
-
33 500
-
-
income

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

-
5 024
-
-
total
-
5 024
-
-
Dividends
-
28 476
-
-
withholding
-
5 766
-
-
total
-
5 766
-
-
Income
33 500
33 500
33 500
33 500
Total tax
19 965
10 790
16 073
14 569
After tax
13 535
22 710
17 427
18 931
Living cost
25 818
25 818
25 818
25 818
Free-cash
-12 283
-3 108
-8 391
-6 887

Estimated living cost  is ₽25818 per week

₽17427
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2482
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5457
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
₽19007
₽18630
₽18764
₽18695
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
-
-
-
33 500
income
-
-
-
10 452
health
-
-
-
1 003
pensions
-
-
-
1 384
total
-
-
-
12 839
Employee
2 889
-
31 943
-
unemployment
29
-
69
-
pensions
260
-
623
-
income
559
-
10 379
-
health
144
-
346
-
total
992
-
11 417
-
Employer
2 889
-
31 943
-
health
275
-
657
-
pensions
318
-
761
-
unemployment
58
-
138
-
total
651
-
1 556
-
Corporate
29 960
33 500
-
-
income
6 591
7 370
-
-
total
6 591
7 370
-
-
Dividends
23 369
26 130
-
-
withholding
4 674
5 226
-
-
total
4 674
5 226
-
-
Income
33 500
33 500
33 500
33 500
Total tax
12 908
12 596
12 973
12 839
After tax
20 592
20 904
20 527
20 661
Living cost
1 897
1 897
1 897
1 897
Free-cash
18 695
19 007
18 630
18 764

Estimated living cost  is ₽1897 per week

₽1127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽572
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
₽7959
₽2354
₽912
₽3334
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.

-
-
-
33 500
income
-
-
-
3 680
unemployment
-
-
-
502
health
-
-
-
3 451
pensions
-
-
-
8 710
total
-
-
-
16 343
Employee

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

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

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

24 497
-
28 414
-
unemployment
184
-
213
-
pensions
3 430
-
3 978
-
income
3 377
-
4 161
-
health
1 262
-
1 463
-
total
8 253
-
9 815
-
Employer

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

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

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

24 497
-
28 414
-
health
1 262
-
1 463
-
pensions
2 940
-
3 410
-
unemployment
184
-
213
-
total
4 386
-
5 086
-
Corporate
4 618
33 500
-
-
income
693
5 025
-
-
total
693
5 025
-
-
Dividends
3 926
28 475
-
-
withholding
589
4 271
-
-
total
589
4 271
-
-
Income
33 500
33 500
33 500
33 500
Total tax
13 921
9 296
14 901
16 343
After tax
19 579
24 204
18 599
17 157
Living cost
16 245
16 245
16 245
16 245
Free-cash
3 334
7 959
2 354
912

Estimated living cost  is ₽16245 per week

₽10938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1257
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
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.
₽3581
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
-₽6256
-₽5960
-₽5482
-₽11594
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.

-
-
-
33 500
income
-
-
-
2 028
surtax
-
-
-
-
social contributions

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

-
-
-
11 642
total
-
-
-
13 670
Employee
36 440
-
27 070
-
surtax
-
-
-
-
social contributions
4 009
-
2 977
-
income
7 120
-
4 743
-
total
11 129
-
7 720
-
Employer
36 440
-
27 070
-
social contributions
8 654
-
6 428
-
total
8 654
-
6 428
-
Corporate
-
33 500
-
-
income
-
7 034
-
-
surtax
-
-
-
-
total
-
7 034
-
-
Dividends
-
26 466
-
-
withholding
-
7 410
-
-
total
-
7 410
-
-
Income
33 500
33 500
33 500
33 500
Total tax
19 783
14 444
14 148
13 670
After tax
13 717
19 056
19 352
19 830
Living cost
25 312
25 312
25 312
25 312
Free-cash
-11 594
-6 256
-5 960
-5 482

Estimated living cost  is ₽25312 per week

₽17927
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1759
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5178
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
-₽10286
-₽15569
-₽14065
-₽26301
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
-
-
-
33 500
accident
-
-
-
301
income
-
-
-
4 519
other
-
-
-
34
unemployment
-
-
-
235
pensions
-
-
-
9 480
total
-
-
-
14 569
Employee
45 344
-
23 505
-
other
45
-
32
-
unemployment
702
-
486
-
pensions
2 131
-
1 473
-
income
9 471
-
4 087
-
total
12 349
-
6 078
-
Employer
45 344
-
23 505
-
pensions
10 701
-
7 399
-
accident
898
-
620
-
unemployment
2 494
-
1 725
-
other
363
-
251
-
total
14 456
-
9 995
-
Corporate
-
33 500
-
-
income

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

-
5 024
-
-
total
-
5 024
-
-
Dividends
-
28 476
-
-
withholding
-
5 766
-
-
total
-
5 766
-
-
Income
33 500
33 500
33 500
33 500
Total tax
26 805
10 790
16 073
14 569
After tax
6 695
22 710
17 427
18 931
Living cost
32 996
32 996
32 996
32 996
Free-cash
-26 301
-10 286
-15 569
-14 065

Estimated living cost  is ₽32996 per week

₽23697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2566
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6270
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
₽12491
₽4999
₽3567
₽6769
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
-
-
-
33 500
income
-
-
-
5 025
unemployment
-
-
-
131
health
-
-
-
3 772
pensions

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

-
-
-
4 854
total
-
-
-
13 782
Employee
21 387
-
28 005
-
accident

We are using the highest rate at 1.1%.

235
-
308
-
pensions

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

1 878
-
2 459
-
income
2 139
-
2 800
-
health
984
-
1 288
-
total
5 236
-
6 855
-
Employer
21 387
-
28 005
-
health
1 476
-
1 933
-
pensions

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

2 357
-
3 086
-
accident

We are using the highest rate at 1.1%.

235
-
308
-
unemployment
128
-
168
-
total
4 196
-
5 495
-
Corporate
7 917
33 500
-
-
income
792
3 350
-
-
total
792
3 350
-
-
Dividends
7 125
30 150
-
-
withholding
356
1 508
-
-
total
356
1 508
-
-
Income
33 500
33 500
33 500
33 500
Total tax
10 580
4 858
12 350
13 782
After tax
22 920
28 642
21 150
19 718
Living cost
16 151
16 151
16 151
16 151
Free-cash
6 769
12 491
4 999
3 567

Estimated living cost  is ₽16151 per week

₽10682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽925
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4160
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
-₽18789
-₽9593
-₽9593
-₽13215
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.

-
-
-
33 500
income

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

-
-
-
408
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.

-
-
-
23
health

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

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

-
-
-
6 414
trade
-
-
-
-
total
-
-
-
6 845
Employee

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

46 715
-
33 500
-
surtax

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

212
-
23
-
income

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

3 841
-
408
-
health

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

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

6 414
-
6 414
-
total
10 467
-
6 845
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
33 500
-
-
income
-
5 024
-
-
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.

-
276
-
-
chamber of commerce
-
192
-
-
trade
-
4 807
-
-
total
-
10 299
-
-
Dividends
-
23 200
-
-
surtax

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

-
299
-
-
withholding
-
5 443
-
-
total
-
5 742
-
-
Income
33 500
33 500
33 500
33 500
Total tax
10 467
16 041
6 845
6 845
After tax
23 033
17 459
26 655
26 655
Living cost
36 248
36 248
36 248
36 248
Free-cash
-13 215
-18 789
-9 593
-9 593

Estimated living cost  is ₽36248 per week

₽25004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3900
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
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.
₽6817
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
-₽30032
-₽24984
-₽24984
-₽39942
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
-
-
-
33 500
income
-
-
-
3 759
social contributions
-
-
-
1 242
total
-
-
-
5 001
Employee
73 441
-
33 500
-
income
13 858
-
3 759
-
social contributions
6 101
-
1 242
-
total
19 959
-
5 001
-
Employer
73 441
-
33 500
-
total
-
-
-
-
Corporate
-
33 500
-
-
income
-
4 187
-
-
total
-
4 187
-
-
Dividends
-
29 313
-
-
withholding
-
5 862
-
-
total
-
5 862
-
-
Income
33 500
33 500
33 500
33 500
Total tax
19 959
10 049
5 001
5 001
After tax
13 541
23 451
28 499
28 499
Living cost
53 483
53 483
53 483
53 483
Free-cash
-39 942
-30 032
-24 984
-24 984

Estimated living cost  is ₽53483 per week

₽40689
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7925
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
-₽15573
-₽8517
-₽32987
-₽16688
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.

-
-
-
33 500
income
-
-
-
26 725
health

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

-
-
-
5 680
total
-
-
-
32 405
Employee
43 070
-
30 450
-
income
4 673
-
1 835
-
social contributions
4 315
-
3 050
-
total
8 988
-
4 885
-
Employer
43 070
-
30 450
-
social contributions
4 315
-
3 050
-
total
4 315
-
3 050
-
Corporate
-
33 500
-
-
income
-
11 725
-
-
total
-
11 725
-
-
Dividends
-
21 775
-
-
social contributions
2 803
3 266
-
-
total
2 803
3 266
-
-
Income
33 500
33 500
33 500
33 500
Total tax
16 106
14 991
7 935
32 405
After tax
17 394
18 509
25 565
1 095
Living cost
34 082
34 082
34 082
34 082
Free-cash
-16 688
-15 573
-8 517
-32 987

Estimated living cost  is ₽34082 per week

₽22449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2687
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8422
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
-₽9887
-₽12060
-₽9342
-₽20291
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
-
-
-
33 500
income
-
-
-
6 412
pensions
-
-
-
1 442
total
-
-
-
7 854
Employee
48 026
-
30 490
-
pensions
3 666
-
1 562
-
income
8 746
-
5 732
-
health
626
-
268
-
total
13 038
-
7 562
-
Employer
48 026
-
30 490
-
health
913
-
579
-
pensions
4 852
-
2 431
-
total
5 765
-
3 010
-
Corporate
-
33 500
-
-
income

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

-
6 364
-
-
total
-
6 364
-
-
Dividends
-
27 136
-
-
withholding
-
2 035
-
-
total
-
2 035
-
-
Income
33 500
33 500
33 500
33 500
Total tax
18 803
8 399
10 572
7 854
After tax
14 697
25 101
22 928
25 646
Living cost
34 988
34 988
34 988
34 988
Free-cash
-20 291
-9 887
-12 060
-9 342

Estimated living cost  is ₽34988 per week

₽24001
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
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.
₽7329
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
-₽19950
-₽4974
-₽561
-₽9416
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
-
-
-
33 500
accident
-
-
-
240
income
-
-
-
4 770
other
-
-
-
353
health
-
-
-
2 075
pensions
-
-
-
3 959
total
-
-
-
11 397
Employee
35 652
-
27 829
-
pensions
4 014
-
3 134
-
income
4 891
-
3 818
-
health
4 082
-
3 186
-
total
12 987
-
10 138
-
Employer
35 652
-
27 829
-
pensions
5 797
-
4 525
-
accident
595
-
465
-
unemployment
873
-
682
-
total
7 265
-
5 672
-
Corporate
-
33 500
-
-
income

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

-
30 150
-
-
total
-
30 150
-
-
Dividends
-
3 350
-
-
withholding
-
636
-
-
total
-
636
-
-
Income
33 500
33 500
33 500
33 500
Total tax
20 252
30 786
15 810
11 397
After tax
13 248
2 714
17 690
22 103
Living cost
22 664
22 664
22 664
22 664
Free-cash
-9 416
-19 950
-4 974
-561

Estimated living cost  is ₽22664 per week

₽16633
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1321
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4254
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
₽15788
₽8072
₽8072
₽11221
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.

-
-
-
33 500
income
-
-
-
3 528
unemployment
-
-
-
402
work injury
-
-
-
168
health insurance
-
-
-
2 479
pensions
-
-
-
6 164
total
-
-
-
12 741
Employee

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

20 298
-
33 500
-
health insurance
1 502
-
2 479
-
unemployment
244
-
402
-
work injury
101
-
168
-
pensions
3 735
-
6 164
-
income
2 030
-
3 528
-
total
7 612
-
12 741
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
13 202
33 500
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
13 202
33 500
-
-
withholding
1 980
5 025
-
-
total
1 980
5 025
-
-
Income
33 500
33 500
33 500
33 500
Total tax
9 592
5 025
12 741
12 741
After tax
23 908
28 475
20 759
20 759
Living cost
12 687
12 687
12 687
12 687
Free-cash
11 221
15 788
8 072
8 072

Estimated living cost  is ₽12687 per week

₽7860
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽922
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽396
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.
₽3509
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
-₽19758
-₽20890
-₽18897
-₽45616
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
-
-
-
33 500
social contributions
-
-
-
8 616
regional
-
-
-
431
municipal
-
-
-
224
national
-
-
-
5 723
total
-
-
-
14 994
Employee
79 116
-
33 500
-
municipal
472
-
200
-
national
13 370
-
5 106
-
regional
1 194
-
385
-
social contributions
26 677
-
11 296
-
total
41 713
-
16 987
-
Employer
79 116
-
33 500
-
total
-
-
-
-
Corporate
-
33 500
-
-
municipal
-
1 614
-
-
nationa
-
8 041
-
-
total
-
9 655
-
-
Dividends
-
23 845
-
-
withholding
-
6 200
-
-
total
-
6 200
-
-
Income
33 500
33 500
33 500
33 500
Total tax
41 713
15 855
16 987
14 994
After tax
-8 213
17 645
16 513
18 506
Living cost
37 403
37 403
37 403
37 403
Free-cash
-45 616
-19 758
-20 890
-18 897

Estimated living cost  is ₽37403 per week

₽26273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
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.
₽7991
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
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