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
₽ 43500
per

Your estimated
City
free-cash

Dresden , Germany
-₽6395
₽5427
₽5427
₽4026
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.

-
-
-
43 500
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.

-
-
-
2 938
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.

-
-
-
161
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.

-
-
-
6 437
trade
-
-
-
-
total
-
-
-
9 536
Employee

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

36 036
-
43 500
-
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
-
161
-
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.

1 007
-
2 938
-
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.

6 437
-
6 437
-
total
7 499
-
9 536
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
7 464
43 500
-
-
income
1 119
6 524
-
-
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.

61
359
-
-
chamber of commerce
154
206
-
-
trade
1 176
6 851
-
-
total
2 510
13 940
-
-
Dividends
4 954
29 559
-
-
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.

48
386
-
-
withholding
880
7 032
-
-
total
928
7 418
-
-
Income
43 500
43 500
43 500
43 500
Total tax
10 937
21 358
9 536
9 536
After tax
32 563
22 142
33 964
33 964
Living cost
28 537
28 537
28 537
28 537
Free-cash
4 026
-6 395
5 427
5 427

Estimated living cost  is ₽28537 per week

₽17951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3327
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6726
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
-₽23027
-₽21802
-₽22147
-₽41332
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
-
-
-
43 500
social contributions
-
-
-
468
municipal
-
-
-
3 839
national
-
-
-
5 949
pensions
-
-
-
5 220
total
-
-
-
15 476
Employee
77 774
-
37 605
-
municipal
9 606
-
4 007
-
pensions
3 111
-
1 504
-
national
14 886
-
6 209
-
total
27 603
-
11 720
-
Employer
77 774
-
37 605
-
pensions
6 222
-
3 008
-
social contributions
836
-
404
-
total
7 058
-
3 412
-
Corporate
-
43 500
-
-
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%.

-
8 700
-
-
total
-
8 700
-
-
Dividends
-
34 800
-
-
withholding
-
7 656
-
-
total
-
7 656
-
-
Income
43 500
43 500
43 500
43 500
Total tax
34 661
16 356
15 132
15 476
After tax
8 839
27 144
28 368
28 024
Living cost
50 170
50 170
50 170
50 170
Free-cash
-41 332
-23 027
-21 802
-22 147

Estimated living cost  is ₽50170 per week

₽34100
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽751
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.
₽10655
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
₽15199
₽5358
₽14409
₽7470
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.

-
-
-
43 500
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.

-
-
-
2 966
microenterprise
-
-
-
6 524
total
-
-
-
9 490
Employee
27 531
-
35 056
-
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.

3 029
-
3 857
-
income
4 901
-
6 240
-
total
7 930
-
10 097
-
Employer
27 531
-
35 056
-
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.

6 631
-
8 444
-
surtax
-
-
-
-
total
6 631
-
8 444
-
Corporate
9 338
43 500
-
-
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%.

1 868
8 700
-
-
total
1 868
8 700
-
-
Dividends

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

7 470
34 800
-
-
total
-
-
-
-
Income
43 500
43 500
43 500
43 500
Total tax
16 429
8 700
18 541
9 490
After tax
27 071
34 800
24 959
34 010
Living cost
19 601
19 601
19 601
19 601
Free-cash
7 470
15 199
5 358
14 409

Estimated living cost  is ₽19601 per week

₽12505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
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.
₽4785
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
-₽44771
-₽50059
-₽14493
-₽50059
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
-
-
-
43 500
income
-
-
-
4 017
health
-
-
-
6 678
pensions
-
-
-
7 829
total
-
-
-
18 524
Employee
80 457
80 457
80 457
-
pensions
14 482
11 039
14 482
-
income

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

13 170
13 170
13 170
-
health
12 349
10 504
12 349
-
total
40 001
34 713
40 001
-
Employer
80 457
80 457
80 457
-
health
5 593
5 593
5 593
-
pensions
5 600
5 600
5 600
-
unemployment
2 896
2 896
2 896
-
total
14 089
14 089
14 089
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
43 500
43 500
43 500
43 500
Total tax
54 090
48 802
54 090
18 524
After tax
-10 590
-5 302
-10 590
24 976
Living cost
39 469
39 469
39 469
39 469
Free-cash
-50 059
-44 771
-50 059
-14 493

Estimated living cost  is ₽39469 per week

₽27970
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3558
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽628
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.
₽7313
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
-₽13869
-₽14390
-₽15935
-₽26948
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
-
-
-
43 500
accident
-
-
-
87
other
-
-
-
5 055
unemployment
-
-
-
43
health
-
-
-
2 714
municipal
-
-
-
9 214
national
-
-
-
-
pensions
-
-
-
4 702
total
-
-
-
21 815
Employee
53 604
-
33 100
-
municipal
15 985
-
9 870
-
national
-
-
-
-
total
15 985
-
9 870
-
Employer
53 604
-
33 100
-
health
3 297
-
2 036
-
pensions
5 795
-
3 578
-
accident
107
-
66
-
unemployment
1 415
-
874
-
other
6 229
-
3 846
-
total
16 843
-
10 400
-
Corporate
-
43 500
-
-
income
-
9 570
-
-
total
-
9 570
-
-
Dividends
-
33 930
-
-
withholding
-
10 179
-
-
total
-
10 179
-
-
Income
43 500
43 500
43 500
43 500
Total tax
32 828
19 749
20 270
21 815
After tax
10 672
23 751
23 230
21 685
Living cost
37 620
37 620
37 620
37 620
Free-cash
-26 948
-13 869
-14 390
-15 935

Estimated living cost  is ₽37620 per week

₽24933
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8424
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
-₽15094
-₽3048
-₽3048
-₽4279
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.

-
-
-
43 500
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.

-
-
-
2 938
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.

-
-
-
161
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.

-
-
-
6 437
trade
-
-
-
-
total
-
-
-
9 536
Employee

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

47 779
-
43 500
-
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.

225
-
161
-
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.

4 105
-
2 938
-
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.

6 437
-
6 437
-
total
10 767
-
9 536
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
43 500
-
-
income
-
6 524
-
-
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.

-
359
-
-
chamber of commerce
-
206
-
-
trade
-
7 155
-
-
total
-
14 244
-
-
Dividends
-
29 256
-
-
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.

-
383
-
-
withholding
-
6 955
-
-
total
-
7 338
-
-
Income
43 500
43 500
43 500
43 500
Total tax
10 767
21 582
9 536
9 536
After tax
32 733
21 918
33 964
33 964
Living cost
37 012
37 012
37 012
37 012
Free-cash
-4 279
-15 094
-3 048
-3 048

Estimated living cost  is ₽37012 per week

₽24754
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
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.
₽7803
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
-₽8365
-₽2709
₽4899
-₽3213
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
-
-
-
43 500
income
-
-
-
148
social contributions
-
-
-
6 785
health
-
-
-
1 109
total
-
-
-
8 042
Employee
72 448
72 448
72 448
-
social contributions
3 520
6 013
3 277
-
income
7 608
6 707
7 695
-
health
721
1 232
670
-
total
11 849
13 952
11 642
-
Employer
72 448
72 448
72 448
-
health
785
1 341
731
-
social contributions
3 520
6 013
3 277
-
total
4 305
7 354
4 008
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
43 500
43 500
43 500
43 500
Total tax
16 154
21 306
15 650
8 042
After tax
27 346
22 194
27 850
35 458
Living cost
30 559
30 559
30 559
30 559
Free-cash
-3 213
-8 365
-2 709
4 899

Estimated living cost  is ₽30559 per week

₽20890
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2387
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
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.
₽6769
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
₽7780
₽8309
₽13225
₽8131
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
-
-
-
43 500
income
-
-
-
5 318
unemployment
-
-
-
653
health
-
-
-
3 045
pensions
-
-
-
4 350
total
-
-
-
13 366
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.

24 409
9 714
36 402
-
unemployment
366
146
546
-
pensions
2 441
971
3 640
-
income
2 984
1 188
4 450
-
health
1 709
680
2 548
-
total
7 500
2 985
11 184
-
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.

24 409
9 714
36 402
-
pensions
4 760
1 894
7 098
-
total
4 760
1 894
7 098
-
Corporate
14 331
31 891
-
-
income
1 290
2 870
-
-
total
1 290
2 870
-
-
Dividends
13 041
29 021
-
-
social contributions
2 432
5 548
-
-
withholding
2 478
5 514
-
-
total
4 910
11 062
-
-
Income
43 500
43 500
43 500
43 500
Total tax
18 460
18 811
18 282
13 366
After tax
25 040
24 689
25 218
30 134
Living cost
16 909
16 909
16 909
16 909
Free-cash
8 131
7 780
8 309
13 225

Estimated living cost  is ₽16909 per week

₽11539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1384
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽338
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.
₽3649
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
₽12043
₽3842
₽2328
₽6189
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
-
-
-
43 500
income
-
-
-
4 060
health
-
-
-
5 655
pensions
-
-
-
8 700
total
-
-
-
18 415
Employee
26 728
-
32 511
-
unemployment
427
-
520
-
pensions
535
-
651
-
income
3 009
-
4 743
-
total
3 971
-
5 914
-
Employer
26 728
-
32 511
-
health
3 474
-
4 227
-
pensions
5 346
-
6 501
-
unemployment
215
-
259
-
total
9 035
-
10 987
-
Corporate
7 738
43 500
-
-
income
1 548
8 700
-
-
total
1 548
8 700
-
-
Dividends
6 189
34 800
-
-
total
-
-
-
-
Income
43 500
43 500
43 500
43 500
Total tax
14 554
8 700
16 901
18 415
After tax
28 946
34 800
26 599
25 085
Living cost
22 757
22 757
22 757
22 757
Free-cash
6 189
12 043
3 842
2 328

Estimated living cost  is ₽22757 per week

₽15609
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1355
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.
₽5335
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
-₽17521
₽1927
₽9143
₽296
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
-
-
-
43 500
accident
-
-
-
242
income
-
-
-
6 651
other
-
-
-
354
health
-
-
-
2 086
pensions
-
-
-
3 980
total
-
-
-
13 313
Employee
33 103
-
36 136
-
pensions
3 728
-
4 069
-
income
4 541
-
4 958
-
health
3 790
-
4 137
-
total
12 059
-
13 164
-
Employer
33 103
-
36 136
-
pensions
5 383
-
5 876
-
accident
553
-
604
-
unemployment
811
-
885
-
total
6 747
-
7 365
-
Corporate
3 650
43 500
-
-
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.

3 285
39 150
-
-
total
3 285
39 150
-
-
Dividends
365
4 350
-
-
withholding
69
827
-
-
total
69
827
-
-
Income
43 500
43 500
43 500
43 500
Total tax
22 160
39 977
20 529
13 313
After tax
21 340
3 523
22 971
30 187
Living cost
21 044
21 044
21 044
21 044
Free-cash
296
-17 521
1 927
9 143

Estimated living cost  is ₽21044 per week

₽15423
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
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.
₽4016
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
₽33718
₽27193
₽35458
₽32291
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%.

-
-
-
43 500
microenterprise

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

-
-
-
435
total
-
-
-
435
Employee
9 509
-
43 500
-
income
1 902
-
8 700
-
total
1 902
-
8 700
-
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%.

33 991
43 500
-
-
total
-
-
-
-
Dividends
33 991
43 500
-
-
withholding
1 700
2 175
-
-
total
1 700
2 175
-
-
Income
43 500
43 500
43 500
43 500
Total tax
3 602
2 175
8 700
435
After tax
39 898
41 325
34 800
43 065
Living cost
7 607
7 607
7 607
7 607
Free-cash
32 291
33 718
27 193
35 458

Estimated living cost  is ₽7607 per week

₽4714
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽632
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽209
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.
₽2051
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
₽6855
₽394
-₽1552
₽492
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
-
-
-
43 500
income
-
-
-
5 525
other
-
-
-
2 067
health
-
-
-
1 915
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.

-
-
-
10 440
total
-
-
-
19 947
Employee
34 209
-
34 744
-
unemployment
341
-
347
-
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.

2 394
-
2 432
-
income
5 889
-
5 981
-
health
479
-
486
-
total
9 103
-
9 246
-
Employer
34 209
-
34 744
-
health
479
-
486
-
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.

5 816
-
5 907
-
accident
274
-
277
-
unemployment
341
-
347
-
other
1 711
-
1 738
-
total
8 621
-
8 755
-
Corporate
670
43 500
-
-
income
141
9 135
-
-
total
141
9 135
-
-
Dividends
528
34 365
-
-
withholding
38
2 405
-
-
total
38
2 405
-
-
Income
43 500
43 500
43 500
43 500
Total tax
17 903
11 540
18 001
19 947
After tax
25 597
31 960
25 499
23 553
Living cost
25 105
25 105
25 105
25 105
Free-cash
492
6 855
394
-1 552

Estimated living cost  is ₽25105 per week

₽17738
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1695
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽404
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.
₽5267
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
-₽30454
-₽34172
-₽30120
-₽57926
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
-
-
-
43 500
income
-
-
-
8 232
pensions
-
-
-
2 342
total
-
-
-
10 574
Employee
89 201
-
39 134
-
pensions
8 605
-
2 597
-
income
16 079
-
7 219
-
health
1 470
-
444
-
total
26 154
-
10 260
-
Employer
89 201
-
39 134
-
health
1 694
-
743
-
pensions
10 532
-
3 623
-
total
12 226
-
4 366
-
Corporate
-
43 500
-
-
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.

-
8 265
-
-
total
-
8 265
-
-
Dividends
-
35 235
-
-
withholding
-
2 643
-
-
total
-
2 643
-
-
Income
43 500
43 500
43 500
43 500
Total tax
38 380
10 908
14 626
10 574
After tax
5 120
32 592
28 874
32 926
Living cost
63 046
63 046
63 046
63 046
Free-cash
-57 926
-30 454
-34 172
-30 120

Estimated living cost  is ₽63046 per week

₽47242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7408
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
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.
₽7885
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
₽24845
₽16230
₽15843
₽20469
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
-
-
-
43 500
income
-
-
-
6 525
unemployment
-
-
-
132
health
-
-
-
3 783
pensions

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

-
-
-
4 869
total
-
-
-
15 309
Employee
16 350
-
37 046
-
accident

We are using the highest rate at 1.1%.

180
-
362
-
pensions

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

1 436
-
2 888
-
income
1 635
-
3 705
-
health
752
-
1 513
-
total
4 003
-
8 468
-
Employer
16 350
-
37 046
-
health
1 129
-
2 270
-
pensions

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

1 802
-
3 625
-
accident

We are using the highest rate at 1.1%.

180
-
362
-
unemployment
98
-
197
-
total
3 209
-
6 454
-
Corporate
23 941
43 500
-
-
income
2 394
4 350
-
-
total
2 394
4 350
-
-
Dividends
21 547
39 150
-
-
withholding
1 077
1 957
-
-
total
1 077
1 957
-
-
Income
43 500
43 500
43 500
43 500
Total tax
10 683
6 307
14 922
15 309
After tax
32 817
37 193
28 578
28 191
Living cost
12 348
12 348
12 348
12 348
Free-cash
20 469
24 845
16 230
15 843

Estimated living cost  is ₽12348 per week

₽7209
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽882
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽327
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.
₽3930
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
-₽57546
-₽62834
-₽27268
-₽59144
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
-
-
-
43 500
income
-
-
-
4 017
health
-
-
-
6 678
pensions
-
-
-
7 829
total
-
-
-
18 524
Employee
87 351
80 457
80 457
-
pensions
11 039
11 039
14 482
-
income

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

13 170
13 170
13 170
-
health
10 897
10 504
12 349
-
total
35 106
34 713
40 001
-
Employer
87 351
80 457
80 457
-
health
6 070
5 593
5 593
-
pensions
6 079
5 600
5 600
-
unemployment
3 145
2 896
2 896
-
total
15 294
14 089
14 089
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
43 500
43 500
43 500
43 500
Total tax
50 400
48 802
54 090
18 524
After tax
-6 900
-5 302
-10 590
24 976
Living cost
52 244
52 244
52 244
52 244
Free-cash
-59 144
-57 546
-62 834
-27 268

Estimated living cost  is ₽52244 per week

₽38539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4667
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
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.
₽8441
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
₽6833
-₽1042
-₽1930
-₽2056
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
-
-
-
43 500
income
-
-
-
3 739
social contributions
-
-
-
12 702
solidarity contribution
-
-
-
-
health
-
-
-
5 872
total
-
-
-
22 313
Employee
33 996
-
32 463
-
solidarity contribution
-
-
-
-
social contributions
2 210
-
2 110
-
income
4 080
-
3 895
-
health
4 590
-
4 382
-
total
10 880
-
10 387
-
Employer
33 996
-
32 463
-
health
3 060
-
2 922
-
social contributions
8 499
-
8 116
-
total
11 559
-
11 038
-
Corporate
-
43 500
-
-
income
-
8 265
-
-
total
-
8 265
-
-
Dividends
-
35 235
-
-
withholding
-
5 285
-
-
total
-
5 285
-
-
Income
43 500
43 500
43 500
43 500
Total tax
22 439
13 550
21 425
22 313
After tax
21 061
29 950
22 075
21 187
Living cost
23 118
23 118
23 118
23 118
Free-cash
-2 056
6 833
-1 042
-1 930

Estimated living cost  is ₽23118 per week

₽16058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4961
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
-₽16548
-₽18229
-₽15772
-₽40233
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
-
-
-
43 500
social contributions
-
-
-
11 189
regional
-
-
-
417
municipal
-
-
-
259
national
-
-
-
7 651
total
-
-
-
19 516
Employee
83 734
-
43 500
-
municipal
443
-
231
-
national
14 509
-
6 712
-
regional
790
-
362
-
social contributions
28 235
-
14 668
-
total
43 977
-
21 973
-
Employer
83 734
-
43 500
-
total
-
-
-
-
Corporate
-
43 500
-
-
municipal
-
1 697
-
-
nationa
-
10 440
-
-
total
-
12 137
-
-
Dividends
-
31 364
-
-
withholding
-
8 155
-
-
total
-
8 155
-
-
Income
43 500
43 500
43 500
43 500
Total tax
43 977
20 292
21 973
19 516
After tax
-477
23 208
21 527
23 984
Living cost
39 756
39 756
39 756
39 756
Free-cash
-40 233
-16 548
-18 229
-15 772

Estimated living cost  is ₽39756 per week

₽27713
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2607
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽610
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.
₽8825
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
₽6571
₽3117
₽4186
₽3638
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
-
-
-
43 500
income
-
-
-
6 299
other
-
-
-
-
surtax
-
-
-
222
unemployment
-
-
-
215
health
-
-
-
3 088
pensions
-
-
-
8 700
total
-
-
-
18 524
Employee
31 157
-
35 937
-
other
-
-
-
-
unemployment
2 169
-
2 501
-
pensions
2 078
-
2 398
-
surtax
102
-
191
-
income
5 223
-
6 025
-
health
796
-
915
-
total
10 368
-
12 030
-
Employer
31 157
-
35 937
-
health
1 418
-
1 634
-
pensions
4 153
-
4 790
-
unemployment
987
-
1 139
-
other
-
-
-
-
total
6 558
-
7 563
-
Corporate
5 785
43 500
-
-
income
1 504
11 310
-
-
total
1 504
11 310
-
-
Dividends
4 281
32 190
-
-
withholding
642
4 829
-
-
total
642
4 829
-
-
Income
43 500
43 500
43 500
43 500
Total tax
19 072
16 139
19 593
18 524
After tax
24 428
27 361
23 907
24 976
Living cost
20 790
20 790
20 790
20 790
Free-cash
3 638
6 571
3 117
4 186

Estimated living cost  is ₽20790 per week

₽12712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1918
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
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.
₽5680
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
-₽10480
-₽14198
-₽10146
-₽23888
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
-
-
-
43 500
income
-
-
-
8 232
pensions
-
-
-
2 342
total
-
-
-
10 574
Employee
59 780
-
39 134
-
pensions
5 074
-
2 597
-
income
10 767
-
7 219
-
health
868
-
444
-
total
16 709
-
10 260
-
Employer
59 780
-
39 134
-
health
1 136
-
743
-
pensions
6 471
-
3 623
-
total
7 607
-
4 366
-
Corporate
-
43 500
-
-
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.

-
8 265
-
-
total
-
8 265
-
-
Dividends
-
35 235
-
-
withholding
-
2 643
-
-
total
-
2 643
-
-
Income
43 500
43 500
43 500
43 500
Total tax
24 316
10 908
14 626
10 574
After tax
19 184
32 592
28 874
32 926
Living cost
43 072
43 072
43 072
43 072
Free-cash
-23 888
-10 480
-14 198
-10 146

Estimated living cost  is ₽43072 per week

₽32269
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3228
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
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.
₽7123
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
-₽54558
-₽40058
-₽37354
-₽51925
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
-
-
-
43 500
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.

-
-
-
870
regional
-
-
-
753
health
-
-
-
243
city
-
-
-
457
national
-
-
-
82
pensions
-
-
-
4 000
total
-
-
-
6 405
Employee
87 124
-
38 668
-
unemployment
-
-
-
-
pensions
7 320
-
3 547
-
national
412
-
54
-
regional
2 853
-
602
-
city
935
-
411
-
health
197
-
88
-
total
11 717
-
4 702
-
Employer
87 124
-
38 668
-
health
197
-
88
-
pensions
7 320
-
3 547
-
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.

1 742
-
772
-
total
9 259
-
4 407
-
Corporate
-
43 500
-
-
regional
-
9 201
-
-
national
-
3 698
-
-
total
-
12 899
-
-
Dividends
-
30 601
-
-
withholding
-
10 710
-
-
total
-
10 710
-
-
Income
43 500
43 500
43 500
43 500
Total tax
20 976
23 609
9 109
6 405
After tax
22 524
19 891
34 391
37 095
Living cost
74 449
74 449
74 449
74 449
Free-cash
-51 925
-54 558
-40 058
-37 354

Estimated living cost  is ₽74449 per week

₽48413
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6681
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽914
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.
₽18441
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
-₽21468
-₽9197
-₽9197
-₽13123
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.

-
-
-
43 500
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.

-
-
-
2 938
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.

-
-
-
161
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.

-
-
-
6 437
trade
-
-
-
-
total
-
-
-
9 536
Employee

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

56 622
-
43 500
-
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.

367
-
161
-
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.

6 658
-
2 938
-
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.

6 437
-
6 437
-
total
13 462
-
9 536
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
43 500
-
-
income
-
6 524
-
-
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.

-
359
-
-
chamber of commerce
-
204
-
-
trade
-
7 461
-
-
total
-
14 548
-
-
Dividends
-
28 952
-
-
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.

-
379
-
-
withholding
-
6 880
-
-
total
-
7 259
-
-
Income
43 500
43 500
43 500
43 500
Total tax
13 462
21 807
9 536
9 536
After tax
30 038
21 693
33 964
33 964
Living cost
43 161
43 161
43 161
43 161
Free-cash
-13 123
-21 468
-9 197
-9 197

Estimated living cost  is ₽43161 per week

₽31523
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3453
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
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.
₽7626
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
-₽10312
-₽5294
-₽5930
-₽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
-
-
-
43 500
income
-
-
-
1 418
other
-
-
-
1 348
surtax
-
-
-
-
social contributions
-
-
-
1 241
health
-
-
-
377
pensions
-
-
-
12 811
total
-
-
-
17 195
Employee
40 323
-
33 146
-
pensions
4 559
-
3 748
-
surtax
-
-
-
-
social contributions
1 150
-
944
-
income
2 380
-
1 513
-
total
8 089
-
6 205
-
Employer
40 323
-
33 146
-
health
2 823
-
2 321
-
pensions
6 624
-
5 446
-
unemployment
1 632
-
1 343
-
social contributions
122
-
100
-
other
1 391
-
1 144
-
total
12 592
-
10 354
-
Corporate
-
43 500
-
-
income
-
12 179
-
-
surtax
-
-
-
-
total
-
12 179
-
-
Dividends
-
31 321
-
-
surtax
-
-
-
-
social contributions
-
5 389
-
-
withholding
-
4 009
-
-
total
-
9 398
-
-
Income
43 500
43 500
43 500
43 500
Total tax
20 681
21 577
16 559
17 195
After tax
22 819
21 923
26 941
26 305
Living cost
32 235
32 235
32 235
32 235
Free-cash
-9 416
-10 312
-5 294
-5 930

Estimated living cost  is ₽32235 per week

₽20325
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2621
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.
₽8741
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
-₽7118
-₽2100
-₽2736
-₽3734
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
-
-
-
43 500
income
-
-
-
1 418
other
-
-
-
1 348
surtax
-
-
-
-
social contributions
-
-
-
1 241
health
-
-
-
377
pensions
-
-
-
12 811
total
-
-
-
17 195
Employee
35 994
-
33 146
-
pensions
4 071
-
3 748
-
surtax
-
-
-
-
social contributions
1 026
-
944
-
income
1 856
-
1 513
-
total
6 953
-
6 205
-
Employer
35 994
-
33 146
-
health
2 519
-
2 321
-
pensions
5 914
-
5 446
-
unemployment
1 457
-
1 343
-
social contributions
107
-
100
-
other
1 243
-
1 144
-
total
11 240
-
10 354
-
Corporate
-
43 500
-
-
income
-
12 179
-
-
surtax
-
-
-
-
total
-
12 179
-
-
Dividends
-
31 321
-
-
surtax
-
-
-
-
social contributions
-
5 389
-
-
withholding
-
4 009
-
-
total
-
9 398
-
-
Income
43 500
43 500
43 500
43 500
Total tax
18 193
21 577
16 559
17 195
After tax
25 307
21 923
26 941
26 305
Living cost
29 041
29 041
29 041
29 041
Free-cash
-3 734
-7 118
-2 100
-2 736

Estimated living cost  is ₽29041 per week

₽16842
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2950
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.
₽8698
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
₽6561
₽6495
₽7958
₽6856
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
-
-
-
43 500
income
-
-
-
6 524
social contributions
-
-
-
6 004
health
-
-
-
3 036
total
-
-
-
15 564
Employee
31 945
-
43 500
-
social contributions
4 409
-
6 004
-
income
5 328
-
7 987
-
health
2 230
-
3 036
-
total
11 967
-
17 027
-
Employer
31 945
-
43 500
-
total
-
-
-
-
Corporate
11 555
43 500
-
-
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%.

578
2 174
-
-
total
578
2 174
-
-
Dividends
10 978
41 326
-
-
social contributions
1 643
5 704
-
-
withholding
1 647
6 199
-
-
health
831
2 884
-
-
total
4 121
14 787
-
-
Income
43 500
43 500
43 500
43 500
Total tax
16 666
16 961
17 027
15 564
After tax
26 834
26 539
26 473
27 936
Living cost
19 978
19 978
19 978
19 978
Free-cash
6 856
6 561
6 495
7 958

Estimated living cost  is ₽19978 per week

₽13370
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1232
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
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.
₽4915
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
-₽11153
-₽16258
-₽8880
-₽18212
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
-
-
-
43 500
income
-
-
-
1 670
surtax
-
-
-
186
unemployment
-
-
-
5 779
chamber of commerce
-
-
-
173
health
-
-
-
3 327
pensions
-
-
-
8 047
total
-
-
-
19 182
Employee
47 085
37 547
37 547
-
other
470
375
334
-
unemployment
1 412
1 126
1 001
-
pensions
4 822
3 844
3 420
-
income
5 360
2 770
2 957
-
health
1 822
1 454
1 293
-
total
13 886
9 569
9 005
-
Employer
47 085
37 547
37 547
-
chamber of commerce
188
150
150
-
health
1 779
1 420
1 262
-
pensions
5 909
4 713
4 191
-
accident
611
488
434
-
unemployment
1 412
1 126
1 001
-
surtax
186
186
186
-
payroll
1 412
1 126
1 126
-
other
2 237
1 783
1 749
-
total
13 734
10 992
10 099
-
Corporate
3 576
3 576
29 824
-
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.

894
894
7 456
-
total
894
894
7 456
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
43 500
43 500
43 500
43 500
Total tax
28 514
21 455
26 560
19 182
After tax
14 986
22 045
16 940
24 318
Living cost
33 198
33 198
33 198
33 198
Free-cash
-18 212
-11 153
-16 258
-8 880

Estimated living cost  is ₽33198 per week

₽22142
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2832
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
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.
₽7679
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
-₽9771
-₽14980
-₽9495
-₽43510
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
-
-
-
43 500
communal

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

-
-
-
2 367
social contributions
-
-
-
4 048
national
-
-
-
12 227
total
-
-
-
18 642
Employee

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

67 394
-
33 690
-
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.

586
-
293
-
communal

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

3 515
-
1 758
-
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.

5 054
-
2 526
-
national
20 719
-
8 161
-
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.

3 166
-
1 584
-
total
33 040
-
14 322
-
Employer

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

67 394
-
33 690
-
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.

4 144
-
2 072
-
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.

5 972
-
2 984
-
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.

876
-
438
-
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.

983
-
492
-
surtax
7 642
-
3 819
-
total
19 617
-
9 805
-
Corporate
-
43 500
-
-
income
-
8 700
-
-
surtax
-
173
-
-
total
-
8 873
-
-
Dividends
-
34 626
-
-
withholding

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

-
10 045
-
-
total
-
10 045
-
-
Income
43 500
43 500
43 500
43 500
Total tax
52 657
18 918
24 127
18 642
After tax
-9 157
24 582
19 373
24 858
Living cost
34 353
34 353
34 353
34 353
Free-cash
-43 510
-9 771
-14 980
-9 495

Estimated living cost  is ₽34353 per week

₽22127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3004
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
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.
₽8684
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
-₽4600
-₽9436
-₽9771
-₽18348
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
-
-
-
43 500
accident
-
-
-
392
income
-
-
-
6 196
other
-
-
-
43
unemployment
-
-
-
304
pensions
-
-
-
12 310
total
-
-
-
19 245
Employee
46 899
-
32 983
-
other
46
-
32
-
unemployment
728
-
511
-
pensions
2 205
-
1 550
-
income
9 895
-
6 300
-
total
12 874
-
8 393
-
Employer
46 899
-
32 983
-
pensions
11 067
-
7 785
-
accident
928
-
653
-
unemployment
2 580
-
1 815
-
other
374
-
265
-
total
14 949
-
10 518
-
Corporate
-
43 500
-
-
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.

-
6 524
-
-
total
-
6 524
-
-
Dividends
-
36 976
-
-
withholding
-
7 550
-
-
total
-
7 550
-
-
Income
43 500
43 500
43 500
43 500
Total tax
27 823
14 074
18 911
19 245
After tax
15 677
29 426
24 589
24 255
Living cost
34 026
34 026
34 026
34 026
Free-cash
-18 348
-4 600
-9 436
-9 771

Estimated living cost  is ₽34026 per week

₽25056
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2414
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.
₽6065
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
-₽23830
-₽22087
-₽22084
-₽36373
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
-
-
-
43 500
communal
-
-
-
-
accident
-
-
-
404
income
-
-
-
1 165
surtax
-
-
-
2 280
health
-
-
-
3 361
pensions
-
-
-
7 173
total
-
-
-
14 383
Employee
71 349
-
38 142
-
pensions
5 707
-
3 587
-
surtax
4 373
-
2 280
-
income
6 892
-
1 165
-
health
3 175
-
1 995
-
total
20 147
-
9 027
-
Employer
71 349
-
38 142
-
health
2 176
-
1 368
-
pensions
5 707
-
3 587
-
accident
642
-
404
-
total
8 525
-
5 359
-
Corporate
-
43 500
-
-
communal
-
2 936
-
-
income
-
6 524
-
-
surtax
-
456
-
-
total
-
9 916
-
-
Dividends
-
33 584
-
-
income
-
1 175
-
-
withholding
-
5 038
-
-
total
-
6 213
-
-
Income
43 500
43 500
43 500
43 500
Total tax
28 672
16 129
14 386
14 383
After tax
14 828
27 371
29 114
29 117
Living cost
51 201
51 201
51 201
51 201
Free-cash
-36 373
-23 830
-22 087
-22 084

Estimated living cost  is ₽51201 per week

₽38408
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3102
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
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.
₽9147
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
₽6199
₽2745
₽3814
₽3203
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
-
-
-
43 500
income
-
-
-
6 299
other
-
-
-
-
surtax
-
-
-
222
unemployment
-
-
-
215
health
-
-
-
3 088
pensions
-
-
-
8 700
total
-
-
-
18 524
Employee
31 729
-
35 937
-
other
-
-
-
-
unemployment
2 208
-
2 501
-
pensions
2 117
-
2 398
-
surtax
113
-
191
-
income
5 319
-
6 025
-
health
810
-
915
-
total
10 567
-
12 030
-
Employer
31 729
-
35 937
-
health
1 443
-
1 634
-
pensions
4 230
-
4 790
-
unemployment
1 007
-
1 139
-
other
-
-
-
-
total
6 680
-
7 563
-
Corporate
5 092
43 500
-
-
income
1 323
11 310
-
-
total
1 323
11 310
-
-
Dividends
3 768
32 190
-
-
withholding
565
4 829
-
-
total
565
4 829
-
-
Income
43 500
43 500
43 500
43 500
Total tax
19 135
16 139
19 593
18 524
After tax
24 365
27 361
23 907
24 976
Living cost
21 162
21 162
21 162
21 162
Free-cash
3 203
6 199
2 745
3 814

Estimated living cost  is ₽21162 per week

₽12777
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1840
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.
₽6056
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
-₽2515
-₽4077
-₽1634
-₽8765
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
-
-
-
43 500
social contributions
-
-
-
11 189
regional
-
-
-
655
municipal
-
-
-
259
national
-
-
-
7 651
total
-
-
-
19 754
Employee
52 263
-
43 500
-
municipal
277
-
231
-
national
8 280
-
6 712
-
regional
704
-
586
-
social contributions
17 624
-
14 668
-
total
26 885
-
22 197
-
Employer
52 263
-
43 500
-
total
-
-
-
-
Corporate
-
43 500
-
-
municipal
-
2 162
-
-
nationa
-
10 440
-
-
total
-
12 602
-
-
Dividends
-
30 899
-
-
withholding
-
8 033
-
-
total
-
8 033
-
-
Income
43 500
43 500
43 500
43 500
Total tax
26 885
20 635
22 197
19 754
After tax
16 615
22 865
21 303
23 746
Living cost
25 380
25 380
25 380
25 380
Free-cash
-8 765
-2 515
-4 077
-1 634

Estimated living cost  is ₽25380 per week

₽15784
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽434
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.
₽6590
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
₽1463
-₽6412
-₽7300
-₽12635
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
-
-
-
43 500
income
-
-
-
3 739
social contributions
-
-
-
12 702
solidarity contribution
-
-
-
-
health
-
-
-
5 872
total
-
-
-
22 313
Employee
41 892
-
32 463
-
solidarity contribution
-
-
-
-
social contributions
2 723
-
2 110
-
income
5 027
-
3 895
-
health
5 655
-
4 382
-
total
13 405
-
10 387
-
Employer
41 892
-
32 463
-
health
3 770
-
2 922
-
social contributions
10 473
-
8 116
-
total
14 243
-
11 038
-
Corporate
-
43 500
-
-
income
-
8 265
-
-
total
-
8 265
-
-
Dividends
-
35 235
-
-
withholding
-
5 285
-
-
total
-
5 285
-
-
Income
43 500
43 500
43 500
43 500
Total tax
27 648
13 550
21 425
22 313
After tax
15 852
29 950
22 075
21 187
Living cost
28 487
28 487
28 487
28 487
Free-cash
-12 635
1 463
-6 412
-7 300

Estimated living cost  is ₽28487 per week

₽21185
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1578
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
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.
₽5231
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
-₽7827
-₽13026
-₽5554
-₽10429
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
-
-
-
43 500
income
-
-
-
1 670
surtax
-
-
-
-
unemployment
-
-
-
5 779
chamber of commerce
-
-
-
173
health
-
-
-
3 327
pensions
-
-
-
8 047
total
-
-
-
18 996
Employee
41 185
37 547
37 547
-
other
411
375
336
-
unemployment
1 235
1 126
1 007
-
pensions
4 218
3 844
3 436
-
income
3 669
2 770
2 950
-
health
1 593
1 454
1 298
-
total
11 126
9 569
9 027
-
Employer
41 185
37 547
37 547
-
chamber of commerce
164
150
150
-
health
1 557
1 420
1 268
-
pensions
5 169
4 713
4 211
-
accident
535
488
436
-
unemployment
1 235
1 126
1 007
-
surtax
-
-
-
-
payroll
1 235
1 126
1 126
-
other
1 956
1 783
1 750
-
total
11 851
10 806
9 948
-
Corporate
3 576
3 576
29 976
-
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.

894
894
7 493
-
total
894
894
7 493
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
43 500
43 500
43 500
43 500
Total tax
23 871
21 269
26 468
18 996
After tax
19 629
22 231
17 032
24 504
Living cost
30 058
30 058
30 058
30 058
Free-cash
-10 429
-7 827
-13 026
-5 554

Estimated living cost  is ₽30058 per week

₽18031
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3070
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.
₽8421
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
₽29470
₽22945
₽31210
₽27247
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%.

-
-
-
43 500
microenterprise

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

-
-
-
435
total
-
-
-
435
Employee
14 819
-
43 500
-
income
2 964
-
8 700
-
total
2 964
-
8 700
-
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%.

28 681
43 500
-
-
total
-
-
-
-
Dividends
28 681
43 500
-
-
withholding
1 434
2 175
-
-
total
1 434
2 175
-
-
Income
43 500
43 500
43 500
43 500
Total tax
4 398
2 175
8 700
435
After tax
39 102
41 325
34 800
43 065
Living cost
11 855
11 855
11 855
11 855
Free-cash
27 247
29 470
22 945
31 210

Estimated living cost  is ₽11855 per week

₽8022
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽498
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽398
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.
₽2937
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
₽4678
-₽2289
-₽909
-₽4651
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.

-
-
-
43 500
income
-
-
-
6 850
unemployment
-
-
-
64
health
-
-
-
4 280
pensions
-
-
-
7 944
total
-
-
-
19 138
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.

41 663
-
37 639
-
unemployment
59
-
52
-
pensions
6 458
-
5 834
-
income
7 185
-
6 339
-
health
2 691
-
2 432
-
total
16 393
-
14 657
-
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.

41 663
-
37 639
-
health
2 775
-
2 507
-
pensions
3 687
-
3 331
-
unemployment
25
-
23
-
total
6 487
-
5 861
-
Corporate
-
43 500
-
-
income
-
8 266
-
-
total
-
8 266
-
-
Dividends
-
35 234
-
-
withholding
-
5 285
-
-
total
-
5 285
-
-
Income
43 500
43 500
43 500
43 500
Total tax
22 880
13 551
20 518
19 138
After tax
20 620
29 949
22 982
24 362
Living cost
25 271
25 271
25 271
25 271
Free-cash
-4 651
4 678
-2 289
-909

Estimated living cost  is ₽25271 per week

₽17343
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1620
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.
₽5820
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
-₽13979
-₽9275
-₽10382
-₽96256
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
-
-
-
43 500
income
-
-
-
8 479
social contributions
-
-
-
4 959
total
-
-
-
13 438
Employee
57 990
-
-
-
social contributions
4 755
-
678
-
income
12 791
-
-
-
total
17 546
-
678
-
Employer
57 990
-
-
-
social contributions
81 766
-
11 653
-
total
81 766
-
11 653
-
Corporate
-
43 500
-
-
income
-
9 570
-
-
total
-
9 570
-
-
Dividends
-
33 930
-
-
income
-
7 465
-
-
total
-
7 465
-
-
Income
43 500
43 500
43 500
43 500
Total tax
99 312
17 035
12 331
13 438
After tax
-55 812
26 465
31 169
30 062
Living cost
40 444
40 444
40 444
40 444
Free-cash
-96 256
-13 979
-9 275
-10 382

Estimated living cost  is ₽40444 per week

₽26241
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3804
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
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.
₽9883
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
-₽4811
-₽5054
-₽4119
-₽10124
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.

-
-
-
43 500
income
-
-
-
2 949
surtax
-
-
-
-
social contributions

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

-
-
-
15 117
total
-
-
-
18 066
Employee
43 332
-
35 152
-
surtax
-
-
-
-
social contributions
4 767
-
3 867
-
income
9 013
-
6 786
-
total
13 780
-
10 653
-
Employer
43 332
-
35 152
-
social contributions
10 291
-
8 348
-
total
10 291
-
8 348
-
Corporate
-
43 500
-
-
income
-
9 135
-
-
surtax
-
-
-
-
total
-
9 135
-
-
Dividends
-
34 365
-
-
withholding
-
9 623
-
-
total
-
9 623
-
-
Income
43 500
43 500
43 500
43 500
Total tax
24 071
18 758
19 001
18 066
After tax
19 429
24 742
24 499
25 434
Living cost
29 553
29 553
29 553
29 553
Free-cash
-10 124
-4 811
-5 054
-4 119

Estimated living cost  is ₽29553 per week

₽22111
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1743
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
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.
₽5205
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
-₽23582
-₽18564
-₽19200
-₽33938
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
-
-
-
43 500
income
-
-
-
1 418
other
-
-
-
1 348
surtax
-
-
-
-
social contributions
-
-
-
1 241
health
-
-
-
377
pensions
-
-
-
12 811
total
-
-
-
17 195
Employee
59 010
-
33 146
-
pensions
6 674
-
3 748
-
surtax
-
-
-
-
social contributions
1 681
-
944
-
income
5 149
-
1 513
-
total
13 504
-
6 205
-
Employer
59 010
-
33 146
-
health
4 130
-
2 321
-
pensions
9 696
-
5 446
-
unemployment
2 390
-
1 343
-
social contributions
177
-
100
-
other
2 036
-
1 144
-
total
18 429
-
10 354
-
Corporate
-
43 500
-
-
income
-
12 179
-
-
surtax
-
-
-
-
total
-
12 179
-
-
Dividends
-
31 321
-
-
surtax
-
-
-
-
social contributions
-
5 389
-
-
withholding
-
4 009
-
-
total
-
9 398
-
-
Income
43 500
43 500
43 500
43 500
Total tax
31 933
21 577
16 559
17 195
After tax
11 567
21 923
26 941
26 305
Living cost
45 505
45 505
45 505
45 505
Free-cash
-33 938
-23 582
-18 564
-19 200

Estimated living cost  is ₽45505 per week

₽30797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3722
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽624
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.
₽10361
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
₽10829
₽6895
₽5608
₽7664
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
-
-
-
43 500
income
-
-
-
-
social contributions
-
-
-
9 571
total
-
-
-
9 571
Employee
30 290
-
37 661
-
income
-
-
-
-
social contributions
1 969
-
2 448
-
total
1 969
-
2 448
-
Employer
30 290
-
37 661
-
social contributions
4 695
-
5 836
-
total
4 695
-
5 836
-
Corporate
8 515
43 500
-
-
income
851
4 350
-
-
total
851
4 350
-
-
Dividends
7 664
39 150
-
-
total
-
-
-
-
Income
43 500
43 500
43 500
43 500
Total tax
7 515
4 350
8 284
9 571
After tax
35 985
39 150
35 216
33 929
Living cost
28 321
28 321
28 321
28 321
Free-cash
7 664
10 829
6 895
5 608

Estimated living cost  is ₽28321 per week

₽18312
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2135
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7341
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
-₽161759
-₽161759
-₽16453
-₽161759
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
-
-
-
43 500
labour market
-
-
-
3 415
municipal
-
-
-
6 509
national
-
-
-
3 841
pensions
-
-
-
817
total
-
-
-
14 582
Employee
191 499
191 499
191 499
-
municipal
40 779
40 779
40 779
-
labour market
15 298
15 298
15 298
-
pensions
272
272
272
-
national
23 395
23 395
23 395
-
total
79 744
79 744
79 744
-
Employer
191 499
191 499
191 499
-
national
23 436
23 436
23 436
-
labour market
15 320
15 320
15 320
-
pensions
544
544
544
-
municipal
40 844
40 844
40 844
-
total
80 144
80 144
80 144
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
43 500
43 500
43 500
43 500
Total tax
159 888
159 888
159 888
14 582
After tax
-116 388
-116 388
-116 388
28 918
Living cost
45 371
45 371
45 371
45 371
Free-cash
-161 759
-161 759
-161 759
-16 453

Estimated living cost  is ₽45371 per week

₽31052
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4014
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽698
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.
₽9607
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
-₽17211
₽2237
₽9453
₽342
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
-
-
-
43 500
accident
-
-
-
242
income
-
-
-
6 651
other
-
-
-
354
health
-
-
-
2 086
pensions
-
-
-
3 980
total
-
-
-
13 313
Employee
32 615
-
36 136
-
pensions
3 673
-
4 069
-
income
4 474
-
4 958
-
health
3 735
-
4 137
-
total
11 882
-
13 164
-
Employer
32 615
-
36 136
-
pensions
5 303
-
5 876
-
accident
545
-
604
-
unemployment
799
-
885
-
total
6 647
-
7 365
-
Corporate
4 238
43 500
-
-
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.

3 814
39 150
-
-
total
3 814
39 150
-
-
Dividends
424
4 350
-
-
withholding
81
827
-
-
total
81
827
-
-
Income
43 500
43 500
43 500
43 500
Total tax
22 424
39 977
20 529
13 313
After tax
21 076
3 523
22 971
30 187
Living cost
20 734
20 734
20 734
20 734
Free-cash
342
-17 211
2 237
9 453

Estimated living cost  is ₽20734 per week

₽15092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1182
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
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.
₽4071
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
-₽6071
-₽8896
-₽1432
-₽15422
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

-
-
-
43 500
health
-
-
-
277
municipal
-
-
-
7 779
national
-
-
-
704
total
-
-
-
8 760
Employee
49 569
-
36 595
-
municipal
8 119
-
6 013
-
unemployment
744
-
549
-
pensions
3 345
-
2 471
-
national
819
-
116
-
health
370
-
170
-
total
13 397
-
9 319
-
Employer
49 569
-
36 595
-
health
381
-
282
-
pensions
8 600
-
6 349
-
accident
50
-
36
-
unemployment
322
-
238
-
total
9 353
-
6 905
-
Corporate
-
43 500
-
-
income
-
8 700
-
-
total
-
8 700
-
-
Dividends

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

-
26 100
-
-
municipal
-
4 699
-
-
national
-
-
-
-
total
-
4 699
-
-
Income
43 500
43 500
43 500
43 500
Total tax
22 750
13 399
16 224
8 760
After tax
20 750
30 101
27 276
34 740
Living cost
36 172
36 172
36 172
36 172
Free-cash
-15 422
-6 071
-8 896
-1 432

Estimated living cost  is ₽36172 per week

₽23628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3479
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
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.
₽8491
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
₽380
₽6036
₽13644
₽5191
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
-
-
-
43 500
income
-
-
-
148
social contributions
-
-
-
6 785
health
-
-
-
1 109
total
-
-
-
8 042
Employee
72 448
72 448
72 448
-
social contributions
2 739
6 013
3 277
-
income
7 888
6 707
7 695
-
health
561
1 232
670
-
total
11 188
13 952
11 642
-
Employer
72 448
72 448
72 448
-
health
610
1 341
731
-
social contributions
2 739
6 013
3 277
-
total
3 349
7 354
4 008
-
Corporate
7 149
-
-
-
income
894
-
-
-
total
894
-
-
-
Dividends
6 255
-
-
-
withholding
1 064
-
-
-
total
1 064
-
-
-
Income
43 500
43 500
43 500
43 500
Total tax
16 495
21 306
15 650
8 042
After tax
27 005
22 194
27 850
35 458
Living cost
21 814
21 814
21 814
21 814
Free-cash
5 191
380
6 036
13 644

Estimated living cost  is ₽21814 per week

₽13073
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2140
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
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.
₽6118
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
₽21062
₽12050
₽15696
₽16271
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
-
-
-
43 500
income
-
-
-
3 415
unemployment
-
-
-
27
health
-
-
-
3 410
pensions
-
-
-
5 993
total
-
-
-
12 845
Employee

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

21 626
-
39 438
-
unemployment
107
-
197
-
pensions
3 243
-
5 916
-
income
1 479
-
2 965
-
health
1 838
-
3 352
-
total
6 667
-
12 430
-
Employer

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

21 626
-
39 438
-
health
930
-
1 695
-
pensions
1 189
-
2 169
-
unemployment
107
-
197
-
total
2 226
-
4 061
-
Corporate
19 648
43 500
-
-
income
1 768
3 916
-
-
total
1 768
3 916
-
-
Dividends
17 880
39 584
-
-
withholding
1 609
3 563
-
-
total
1 609
3 563
-
-
Income
43 500
43 500
43 500
43 500
Total tax
12 270
7 479
16 491
12 845
After tax
31 230
36 021
27 009
30 655
Living cost
14 959
14 959
14 959
14 959
Free-cash
16 271
21 062
12 050
15 696

Estimated living cost  is ₽14959 per week

₽9544
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1078
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
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.
₽3891
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
₽3518
-₽1319
-₽1653
-₽2443
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
-
-
-
43 500
accident
-
-
-
392
income
-
-
-
6 196
other
-
-
-
43
unemployment
-
-
-
304
pensions
-
-
-
12 310
total
-
-
-
19 245
Employee
34 837
-
32 983
-
other
34
-
32
-
unemployment
540
-
511
-
pensions
1 638
-
1 550
-
income
6 716
-
6 300
-
total
8 928
-
8 393
-
Employer
34 837
-
32 983
-
pensions
8 221
-
7 785
-
accident
690
-
653
-
unemployment
1 917
-
1 815
-
other
279
-
265
-
total
11 107
-
10 518
-
Corporate
-
43 500
-
-
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.

-
6 524
-
-
total
-
6 524
-
-
Dividends
-
36 976
-
-
withholding
-
7 550
-
-
total
-
7 550
-
-
Income
43 500
43 500
43 500
43 500
Total tax
20 035
14 074
18 911
19 245
After tax
23 465
29 426
24 589
24 255
Living cost
25 908
25 908
25 908
25 908
Free-cash
-2 443
3 518
-1 319
-1 653

Estimated living cost  is ₽25908 per week

₽17488
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2491
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5476
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
₽25232
₽25103
₽25240
₽24919
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
-
-
-
43 500
income
-
-
-
13 942
health
-
-
-
1 011
pensions
-
-
-
1 395
total
-
-
-
16 348
Employee
2 913
-
41 931
-
unemployment
29
-
70
-
pensions
262
-
628
-
income
563
-
13 869
-
health
146
-
349
-
total
1 000
-
14 916
-
Employer
2 913
-
41 931
-
health
277
-
663
-
pensions
320
-
767
-
unemployment
58
-
139
-
total
655
-
1 569
-
Corporate
39 932
43 500
-
-
income
8 785
9 570
-
-
total
8 785
9 570
-
-
Dividends
31 147
33 930
-
-
withholding
6 229
6 786
-
-
total
6 229
6 786
-
-
Income
43 500
43 500
43 500
43 500
Total tax
16 669
16 356
16 485
16 348
After tax
26 831
27 144
27 015
27 152
Living cost
1 912
1 912
1 912
1 912
Free-cash
24 919
25 232
25 103
25 240

Estimated living cost  is ₽1912 per week

₽1136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽577
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
₽15130
₽7400
₽5529
₽10493
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.

-
-
-
43 500
income
-
-
-
5 230
unemployment
-
-
-
652
health
-
-
-
4 480
pensions
-
-
-
11 310
total
-
-
-
21 672
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.

24 577
-
36 896
-
unemployment
184
-
277
-
pensions
3 441
-
5 165
-
income
3 388
-
5 855
-
health
1 266
-
1 900
-
total
8 279
-
13 197
-
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.

24 577
-
36 896
-
health
1 266
-
1 900
-
pensions
2 949
-
4 427
-
unemployment
184
-
277
-
total
4 399
-
6 604
-
Corporate
14 523
43 500
-
-
income
2 178
6 525
-
-
total
2 178
6 525
-
-
Dividends
12 345
36 975
-
-
withholding
1 852
5 546
-
-
total
1 852
5 546
-
-
Income
43 500
43 500
43 500
43 500
Total tax
16 708
12 071
19 801
21 672
After tax
26 792
31 429
23 699
21 828
Living cost
16 299
16 299
16 299
16 299
Free-cash
10 493
15 130
7 400
5 529

Estimated living cost  is ₽16299 per week

₽10974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
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.
₽3592
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
-₽658
-₽901
₽34
-₽1752
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.

-
-
-
43 500
income
-
-
-
2 949
surtax
-
-
-
-
social contributions

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

-
-
-
15 117
total
-
-
-
18 066
Employee
36 568
-
35 152
-
surtax
-
-
-
-
social contributions
4 023
-
3 867
-
income
7 145
-
6 786
-
total
11 168
-
10 653
-
Employer
36 568
-
35 152
-
social contributions
8 684
-
8 348
-
total
8 684
-
8 348
-
Corporate
-
43 500
-
-
income
-
9 135
-
-
surtax
-
-
-
-
total
-
9 135
-
-
Dividends
-
34 365
-
-
withholding
-
9 623
-
-
total
-
9 623
-
-
Income
43 500
43 500
43 500
43 500
Total tax
19 852
18 758
19 001
18 066
After tax
23 648
24 742
24 499
25 434
Living cost
25 400
25 400
25 400
25 400
Free-cash
-1 752
-658
-901
34

Estimated living cost  is ₽25400 per week

₽17990
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
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.
₽5196
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
-₽3686
-₽8523
-₽8857
-₽16510
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
-
-
-
43 500
accident
-
-
-
392
income
-
-
-
6 196
other
-
-
-
43
unemployment
-
-
-
304
pensions
-
-
-
12 310
total
-
-
-
19 245
Employee
45 502
-
32 983
-
other
45
-
32
-
unemployment
704
-
511
-
pensions
2 138
-
1 550
-
income
9 504
-
6 300
-
total
12 391
-
8 393
-
Employer
45 502
-
32 983
-
pensions
10 738
-
7 785
-
accident
901
-
653
-
unemployment
2 503
-
1 815
-
other
365
-
265
-
total
14 507
-
10 518
-
Corporate
-
43 500
-
-
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.

-
6 524
-
-
total
-
6 524
-
-
Dividends
-
36 976
-
-
withholding
-
7 550
-
-
total
-
7 550
-
-
Income
43 500
43 500
43 500
43 500
Total tax
26 898
14 074
18 911
19 245
After tax
16 602
29 426
24 589
24 255
Living cost
33 112
33 112
33 112
33 112
Free-cash
-16 510
-3 686
-8 523
-8 857

Estimated living cost  is ₽33112 per week

₽23780
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2575
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6292
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
₽20992
₽12377
₽11990
₽15252
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
-
-
-
43 500
income
-
-
-
6 525
unemployment
-
-
-
132
health
-
-
-
3 783
pensions

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

-
-
-
4 869
total
-
-
-
15 309
Employee
21 452
-
37 046
-
accident

We are using the highest rate at 1.1%.

236
-
362
-
pensions

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

1 883
-
2 888
-
income
2 146
-
3 705
-
health
987
-
1 513
-
total
5 252
-
8 468
-
Employer
21 452
-
37 046
-
health
1 480
-
2 270
-
pensions

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

2 364
-
3 625
-
accident

We are using the highest rate at 1.1%.

236
-
362
-
unemployment
129
-
197
-
total
4 209
-
6 454
-
Corporate
17 839
43 500
-
-
income
1 784
4 350
-
-
total
1 784
4 350
-
-
Dividends
16 055
39 150
-
-
withholding
802
1 957
-
-
total
802
1 957
-
-
Income
43 500
43 500
43 500
43 500
Total tax
12 047
6 307
14 922
15 309
After tax
31 453
37 193
28 578
28 191
Living cost
16 201
16 201
16 201
16 201
Free-cash
15 252
20 992
12 377
11 990

Estimated living cost  is ₽16201 per week

₽10715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽927
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.
₽4172
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
-₽13785
-₽2410
-₽2410
-₽3379
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.

-
-
-
43 500
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.

-
-
-
2 938
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.

-
-
-
161
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.

-
-
-
6 437
trade
-
-
-
-
total
-
-
-
9 536
Employee

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

46 879
-
43 500
-
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.

213
-
161
-
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.

3 855
-
2 938
-
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.

6 437
-
6 437
-
total
10 505
-
9 536
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
43 500
-
-
income
-
6 524
-
-
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.

-
359
-
-
chamber of commerce
-
207
-
-
trade
-
6 242
-
-
total
-
13 332
-
-
Dividends
-
30 167
-
-
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.

-
395
-
-
withholding
-
7 184
-
-
total
-
7 579
-
-
Income
43 500
43 500
43 500
43 500
Total tax
10 505
20 911
9 536
9 536
After tax
32 995
22 589
33 964
33 964
Living cost
36 374
36 374
36 374
36 374
Free-cash
-3 379
-13 785
-2 410
-2 410

Estimated living cost  is ₽36374 per week

₽25092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3914
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
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.
₽6841
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
-₽23220
-₽18720
-₽18720
-₽30200
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
-
-
-
43 500
income
-
-
-
5 750
social contributions
-
-
-
2 800
total
-
-
-
8 550
Employee
73 698
-
43 500
-
income
13 907
-
5 750
-
social contributions
6 123
-
2 800
-
total
20 030
-
8 550
-
Employer
73 698
-
43 500
-
total
-
-
-
-
Corporate
-
43 500
-
-
income
-
5 437
-
-
total
-
5 437
-
-
Dividends
-
38 063
-
-
withholding
-
7 613
-
-
total
-
7 613
-
-
Income
43 500
43 500
43 500
43 500
Total tax
20 030
13 050
8 550
8 550
After tax
23 470
30 450
34 950
34 950
Living cost
53 670
53 670
53 670
53 670
Free-cash
-30 200
-23 220
-18 720
-18 720

Estimated living cost  is ₽53670 per week

₽40831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4373
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
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.
₽7953
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
-₽10166
-₽2483
-₽23241
-₽6863
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.

-
-
-
43 500
income
-
-
-
26 819
health

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

-
-
-
5 721
total
-
-
-
32 540
Employee
43 221
-
39 540
-
income
4 690
-
3 862
-
social contributions
4 330
-
3 960
-
total
9 020
-
7 822
-
Employer
43 221
-
39 540
-
social contributions
4 330
-
3 960
-
total
4 330
-
3 960
-
Corporate
-
43 500
-
-
income
-
15 224
-
-
total
-
15 224
-
-
Dividends
-
28 276
-
-
social contributions
2 812
4 241
-
-
total
2 812
4 241
-
-
Income
43 500
43 500
43 500
43 500
Total tax
16 162
19 465
11 782
32 540
After tax
27 338
24 035
31 718
10 960
Living cost
34 201
34 201
34 201
34 201
Free-cash
-6 863
-10 166
-2 483
-23 241

Estimated living cost  is ₽34201 per week

₽22528
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2696
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
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.
₽8452
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
-₽2424
-₽6142
-₽2090
-₽10333
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
-
-
-
43 500
income
-
-
-
8 232
pensions
-
-
-
2 342
total
-
-
-
10 574
Employee
48 064
-
39 134
-
pensions
3 668
-
2 597
-
income
8 753
-
7 219
-
health
627
-
444
-
total
13 048
-
10 260
-
Employer
48 064
-
39 134
-
health
913
-
743
-
pensions
4 856
-
3 623
-
total
5 769
-
4 366
-
Corporate
-
43 500
-
-
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.

-
8 265
-
-
total
-
8 265
-
-
Dividends
-
35 235
-
-
withholding
-
2 643
-
-
total
-
2 643
-
-
Income
43 500
43 500
43 500
43 500
Total tax
18 817
10 908
14 626
10 574
After tax
24 683
32 592
28 874
32 926
Living cost
35 016
35 016
35 016
35 016
Free-cash
-10 333
-2 424
-6 142
-2 090

Estimated living cost  is ₽35016 per week

₽24021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3220
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.
₽7335
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
-₽19263
₽185
₽7401
₽28
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
-
-
-
43 500
accident
-
-
-
242
income
-
-
-
6 651
other
-
-
-
354
health
-
-
-
2 086
pensions
-
-
-
3 980
total
-
-
-
13 313
Employee
35 844
-
36 136
-
pensions
4 036
-
4 069
-
income
4 917
-
4 958
-
health
4 104
-
4 137
-
total
13 057
-
13 164
-
Employer
35 844
-
36 136
-
pensions
5 828
-
5 876
-
accident
599
-
604
-
unemployment
878
-
885
-
total
7 305
-
7 365
-
Corporate
352
43 500
-
-
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.

317
39 150
-
-
total
317
39 150
-
-
Dividends
35
4 350
-
-
withholding
7
827
-
-
total
7
827
-
-
Income
43 500
43 500
43 500
43 500
Total tax
20 686
39 977
20 529
13 313
After tax
22 814
3 523
22 971
30 187
Living cost
22 786
22 786
22 786
22 786
Free-cash
28
-19 263
185
7 401

Estimated living cost  is ₽22786 per week

₽16723
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1328
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
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.
₽4277
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
₽24245
₽13488
₽13488
₽19662
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.

-
-
-
43 500
income
-
-
-
5 319
unemployment
-
-
-
522
work injury
-
-
-
218
health insurance
-
-
-
3 219
pensions
-
-
-
8 004
total
-
-
-
17 282
Employee

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

20 368
-
43 500
-
health insurance
1 507
-
3 219
-
unemployment
244
-
522
-
work injury
102
-
218
-
pensions
3 748
-
8 004
-
income
2 037
-
5 319
-
total
7 638
-
17 282
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
23 132
43 500
-
-
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
23 132
43 500
-
-
withholding
3 470
6 525
-
-
total
3 470
6 525
-
-
Income
43 500
43 500
43 500
43 500
Total tax
11 108
6 525
17 282
17 282
After tax
32 392
36 975
26 218
26 218
Living cost
12 730
12 730
12 730
12 730
Free-cash
19 662
24 245
13 488
13 488

Estimated living cost  is ₽12730 per week

₽7886
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.
₽397
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.
₽3521
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
-₽14622
-₽16192
-₽13779
-₽35895
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
-
-
-
43 500
social contributions
-
-
-
11 189
regional
-
-
-
614
municipal
-
-
-
291
national
-
-
-
7 651
total
-
-
-
19 745
Employee
79 393
-
43 500
-
municipal
474
-
259
-
national
13 417
-
6 712
-
regional
1 199
-
519
-
social contributions
26 771
-
14 668
-
total
41 861
-
22 158
-
Employer
79 393
-
43 500
-
total
-
-
-
-
Corporate
-
43 500
-
-
municipal
-
2 097
-
-
nationa
-
10 440
-
-
total
-
12 537
-
-
Dividends
-
30 963
-
-
withholding
-
8 051
-
-
total
-
8 051
-
-
Income
43 500
43 500
43 500
43 500
Total tax
41 861
20 588
22 158
19 745
After tax
1 639
22 912
21 342
23 755
Living cost
37 534
37 534
37 534
37 534
Free-cash
-35 895
-14 622
-16 192
-13 779

Estimated living cost  is ₽37534 per week

₽26365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2582
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
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.
₽8019
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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