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
₴ 100000
per

Your estimated
City
free-cash

Dresden , Germany
₴37503
₴36027
₴48660
₴42210
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
100 000
income

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

-
-
-
33 686
trade
-
-
-
12 633
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.

-
-
-
2 908
surtax

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

-
-
-
1 853
total
-
-
-
51 080
Employee

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

16 281
-
100 000
-
income

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

455
-
33 686
-
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.

2 908
-
2 908
-
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.

25
-
1 853
-
total
3 388
-
38 447
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
83 719
100 000
-
-
surtax

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

691
825
-
-
trade
13 186
15 750
-
-
chamber of commerce
185
208
-
-
income
12 558
15 000
-
-
total
26 620
31 783
-
-
Dividends
57 100
68 217
-
-
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.

776
929
-
-
withholding
14 113
16 892
-
-
total
14 889
17 821
-
-
Income
100 000
100 000
100 000
100 000
Total tax
44 897
49 604
38 447
51 080
After tax
55 103
50 396
61 553
48 920
Living cost
12 893
12 893
12 893
12 893
Free-cash
42 210
37 503
48 660
36 027

Estimated living cost  is ₴12893 per week

₴8110
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴241
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3039
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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.

Source of data for Dresden model

Close
Reykjavik , Iceland
₴40981
₴35189
₴35726
₴40626
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
100 000
municipal
-
-
-
11 136
social contributions
-
-
-
1 075
pensions
-
-
-
12 000
national
-
-
-
19 181
total
-
-
-
43 392
Employee
33 204
-
86 449
-
municipal
4 101
-
11 523
-
pensions
1 328
-
3 458
-
national
6 355
-
20 029
-
total
11 784
-
35 010
-
Employer
33 204
-
86 449
-
social contributions
357
-
929
-
pensions
2 656
-
6 916
-
total
3 013
-
7 845
-
Corporate
61 592
100 000
-
-
income

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

12 318
20 000
-
-
total
12 318
20 000
-
-
Dividends
49 273
80 000
-
-
withholding
10 840
17 600
-
-
total
10 840
17 600
-
-
Income
100 000
100 000
100 000
100 000
Total tax
37 955
37 600
42 855
43 392
After tax
62 045
62 400
57 145
56 608
Living cost
21 419
21 419
21 419
21 419
Free-cash
40 626
40 981
35 726
35 189

Estimated living cost  is ₴21419 per week

₴14558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴321
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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.

Source of data for Reykjavik model

Close
Riga , Latvia
₴71144
₴27802
₴34845
₴67653
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
100 000
income
-
-
-
21 533
microenterprise
-
-
-
-
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.

-
-
-
16 309
surtax
-
-
-
25 500
total
-
-
-
63 342
Employee
12 438
-
79 080
-
income
2 214
-
18 333
-
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.

1 368
-
5 580
-
surtax
-
-
11 466
-
total
3 582
-
35 379
-
Employer
12 438
-
79 080
-
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.

2 996
-
12 221
-
surtax
-
-
8 699
-
total
2 996
-
20 920
-
Corporate
84 566
100 000
-
-
income

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

16 913
20 000
-
-
total
16 913
20 000
-
-
Dividends

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

67 653
80 000
-
-
total
-
-
-
-
Income
100 000
100 000
100 000
100 000
Total tax
23 491
20 000
56 299
63 342
After tax
76 509
80 000
43 701
36 658
Living cost
8 856
8 856
8 856
8 856
Free-cash
67 653
71 144
34 845
27 802

Estimated living cost  is ₴8856 per week

₴5650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴843
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴201
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2162
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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

Source of data for Riga model

Close
Rotterdam , Netherlands
₴32049
₴35635
₴46115
₴29443
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
100 000
income
-
-
-
36 297
health
-
-
-
5 249
pensions
-
-
-
4 987
total
-
-
-
46 533
Employee
36 350
36 350
92 089
-
pensions
6 543
4 987
4 987
-
income

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

5 950
5 950
17 906
-
health
5 579
4 746
5 249
-
total
18 072
15 683
28 142
-
Employer
36 350
36 350
92 089
-
unemployment
1 309
1 309
1 626
-
health
2 527
2 527
3 140
-
pensions
2 530
2 530
3 145
-
total
6 366
6 366
7 911
-
Corporate
57 731
57 285
-
-
income
11 546
11 457
-
-
total
11 546
11 457
-
-
Dividends
46 185
45 828
-
-
income
9 814
9 739
-
-
withholding
6 927
6 874
-
-
total
16 741
16 613
-
-
Income
100 000
100 000
100 000
100 000
Total tax
52 725
50 119
36 053
46 533
After tax
47 275
49 881
63 947
53 467
Living cost
17 832
17 832
17 832
17 832
Free-cash
29 443
32 049
46 115
35 635

Estimated living cost  is ₴17832 per week

₴12637
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1607
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴284
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3304
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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

Source of data for Rotterdam model

Close
Stockholm , Sweden
₴38034
₴33125
₴32724
₴37662
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
100 000
unemployment
-
-
-
36
other
-
-
-
4 219
health
-
-
-
2 265
municipal
-
-
-
26 684
national
-
-
-
13 107
pensions
-
-
-
3 925
accident
-
-
-
73
total
-
-
-
50 309
Employee
23 605
-
88 593
-
municipal
7 039
-
26 418
-
national
-
-
12 884
-
total
7 039
-
39 302
-
Employer
23 605
-
88 593
-
accident
47
-
73
-
unemployment
623
-
958
-
health
1 452
-
2 233
-
pensions
2 552
-
3 925
-
other
2 743
-
4 219
-
total
7 417
-
11 408
-
Corporate
68 979
100 000
-
-
income
15 175
22 000
-
-
total
15 175
22 000
-
-
Dividends
53 803
78 000
-
-
withholding
16 141
23 400
-
-
total
16 141
23 400
-
-
Income
100 000
100 000
100 000
100 000
Total tax
45 772
45 400
50 710
50 309
After tax
54 228
54 600
49 290
49 691
Living cost
16 566
16 566
16 566
16 566
Free-cash
37 662
38 034
32 724
33 125

Estimated living cost  is ₴16566 per week

₴10979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1626
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴252
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3710
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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

Source of data for Stockholm model

Close
Hamburg , Germany
₴33159
₴31637
₴44831
₴39139
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
100 000
income

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

-
-
-
33 686
trade
-
-
-
13 194
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.

-
-
-
2 908
surtax

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

-
-
-
1 853
total
-
-
-
51 641
Employee

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

21 586
-
100 000
-
income

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

1 855
-
33 686
-
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.

2 908
-
2 908
-
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.

102
-
1 853
-
total
4 865
-
38 447
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
78 414
100 000
-
-
surtax

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

647
825
-
-
trade
12 899
16 450
-
-
chamber of commerce
176
207
-
-
income
11 762
15 000
-
-
total
25 484
32 482
-
-
Dividends
52 929
67 518
-
-
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.

719
919
-
-
withholding
13 071
16 718
-
-
total
13 790
17 637
-
-
Income
100 000
100 000
100 000
100 000
Total tax
44 139
50 119
38 447
51 641
After tax
55 861
49 881
61 553
48 359
Living cost
16 722
16 722
16 722
16 722
Free-cash
39 139
33 159
44 831
31 637

Estimated living cost  is ₴16722 per week

₴11184
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1763
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3525
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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.

Source of data for Hamburg model

Close
Limassol , Cyprus
₴59062
₴53291
₴52479
₴57297
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
100 000
income
-
-
-
23 466
health
-
-
-
2 550
social contributions
-
-
-
6 887
total
-
-
-
32 903
Employee
32 731
32 731
94 586
-
income
3 437
3 030
23 029
-
health
326
557
1 608
-
social contributions
1 591
2 717
3 664
-
total
5 354
6 304
28 301
-
Employer
32 731
32 731
94 586
-
social contributions
1 591
2 717
3 664
-
health
355
606
1 750
-
total
1 946
3 323
5 414
-
Corporate
78 895
63 946
-
-
income
9 862
7 993
-
-
total
9 862
7 993
-
-
Dividends
69 033
55 953
-
-
withholding
11 735
9 512
-
-
total
11 735
9 512
-
-
Income
100 000
100 000
100 000
100 000
Total tax
28 897
27 132
33 715
32 903
After tax
71 103
72 868
66 285
67 097
Living cost
13 806
13 806
13 806
13 806
Free-cash
57 297
59 062
52 479
53 291

Estimated living cost  is ₴13806 per week

₴9438
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.
₴232
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3058
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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

Source of data for Limassol model

Close
Budapest , Hungary
₴48384
₴61537
₴50233
₴48544
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
100 000
income
-
-
-
12 225
unemployment
-
-
-
1 500
health
-
-
-
7 000
pensions
-
-
-
10 000
total
-
-
-
30 725
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.

11 170
4 445
83 682
-
pensions
1 117
445
8 368
-
unemployment
168
67
1 255
-
income
1 366
543
10 230
-
health
782
311
5 858
-
total
3 433
1 366
25 711
-
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.

11 170
4 445
83 682
-
pensions
2 178
867
16 318
-
total
2 178
867
16 318
-
Corporate
86 652
94 688
-
-
income
7 799
8 522
-
-
total
7 799
8 522
-
-
Dividends
78 853
86 166
-
-
withholding
14 982
16 371
-
-
social contributions
15 326
16 752
-
-
total
30 308
33 123
-
-
Income
100 000
100 000
100 000
100 000
Total tax
43 718
43 878
42 029
30 725
After tax
56 282
56 122
57 971
69 275
Living cost
7 738
7 738
7 738
7 738
Free-cash
48 544
48 384
50 233
61 537

Estimated living cost  is ₴7738 per week

₴5281
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴633
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴155
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1670
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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

Source of data for Budapest model

Close
Tallinn , Estonia
₴69719
₴43319
₴47357
₴67074
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
100 000
income
-
-
-
13 400
health
-
-
-
13 000
pensions
-
-
-
20 000
total
-
-
-
46 400
Employee
12 075
-
74 739
-
pensions
242
-
1 494
-
unemployment
193
-
1 196
-
income
1 359
-
14 410
-
total
1 794
-
17 100
-
Employer
12 075
-
74 739
-
unemployment
97
-
598
-
health
1 570
-
9 716
-
pensions
2 415
-
14 948
-
total
4 082
-
25 262
-
Corporate
83 843
100 000
-
-
income
16 769
20 000
-
-
total
16 769
20 000
-
-
Dividends
67 074
80 000
-
-
total
-
-
-
-
Income
100 000
100 000
100 000
100 000
Total tax
22 645
20 000
42 362
46 400
After tax
77 355
80 000
57 638
53 600
Living cost
10 281
10 281
10 281
10 281
Free-cash
67 074
69 719
47 357
43 319

Estimated living cost  is ₴10281 per week

₴7052
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴612
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴207
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2410
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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

Source of data for Tallinn model

Close
Gdansk , Poland
-₴1303
₴58869
₴45784
₴6657
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
100 000
income
-
-
-
28 752
other
-
-
-
158
health
-
-
-
932
pensions
-
-
-
1 778
accident
-
-
-
108
total
-
-
-
31 728
Employee
14 791
-
91 521
-
pensions
1 666
-
3 261
-
income
2 029
-
22 594
-
health
1 694
-
10 479
-
total
5 389
-
36 334
-
Employer
14 791
-
91 521
-
accident
247
-
1 528
-
unemployment
362
-
2 242
-
pensions
2 405
-
4 709
-
total
3 014
-
8 479
-
Corporate
82 194
100 000
-
-
income

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

73 975
90 000
-
-
total
73 975
90 000
-
-
Dividends
8 219
10 000
-
-
withholding
1 562
1 900
-
-
total
1 562
1 900
-
-
Income
100 000
100 000
100 000
100 000
Total tax
83 940
91 900
44 813
31 728
After tax
16 060
8 100
55 187
68 272
Living cost
9 403
9 403
9 403
9 403
Free-cash
6 657
-1 303
45 784
58 869

Estimated living cost  is ₴9403 per week

₴6891
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴521
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴196
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1794
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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.

Source of data for Gdansk model

Close
Batumi , Georgia
₴91136
₴95136
₴76136
₴90411
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
100 000
microenterprise

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

-
-
-
1 000
total
-
-
-
1 000
Employee
4 830
-
100 000
-
income
966
-
20 000
-
total
966
-
20 000
-
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%.

95 170
100 000
-
-
total
-
-
-
-
Dividends
95 170
100 000
-
-
withholding
4 759
5 000
-
-
total
4 759
5 000
-
-
Income
100 000
100 000
100 000
100 000
Total tax
5 725
5 000
20 000
1 000
After tax
94 275
95 000
80 000
99 000
Living cost
3 864
3 864
3 864
3 864
Free-cash
90 411
91 136
76 136
95 136

Estimated living cost  is ₴3864 per week

₴2395
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴321
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴106
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1042
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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.

Source of data for Batumi model

Close
Bratislava , Slovakia
₴62128
₴49367
₴48550
₴59253
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
100 000
income
-
-
-
17 834
other
-
-
-
3 074
health
-
-
-
2 848
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.

-
-
-
15 535
total
-
-
-
39 291
Employee
15 455
-
83 538
-
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.

1 082
-
4 531
-
unemployment
154
-
647
-
income
2 661
-
17 563
-
health
216
-
906
-
total
4 113
-
23 647
-
Employer
15 455
-
83 538
-
accident
124
-
668
-
unemployment
154
-
647
-
health
216
-
906
-
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.

2 628
-
11 004
-
other
773
-
3 236
-
total
3 895
-
16 461
-
Corporate
80 650
100 000
-
-
income
16 937
21 000
-
-
total
16 937
21 000
-
-
Dividends
63 713
79 000
-
-
withholding
4 460
5 530
-
-
total
4 460
5 530
-
-
Income
100 000
100 000
100 000
100 000
Total tax
29 405
26 530
40 108
39 291
After tax
70 595
73 470
59 892
60 709
Living cost
11 342
11 342
11 342
11 342
Free-cash
59 253
62 128
48 550
49 367

Estimated living cost  is ₴11342 per week

₴8014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴183
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2380
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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

Source of data for Bratislava model

Close
London , United Kingdom
₴34088
₴35736
₴26820
₴37549
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
100 000
income
-
-
-
31 157
pensions
-
-
-
4 354
total
-
-
-
35 511
Employee
40 681
-
87 132
-
pensions
3 925
-
5 177
-
income
7 333
-
25 213
-
health
670
-
1 169
-
total
11 928
-
31 559
-
Employer
40 681
-
87 132
-
health
773
-
1 655
-
pensions
4 803
-
11 213
-
total
5 576
-
12 868
-
Corporate
53 743
100 000
-
-
income

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

10 212
19 000
-
-
total
10 212
19 000
-
-
Dividends
43 531
81 000
-
-
withholding
5 982
18 159
-
-
total
5 982
18 159
-
-
Income
100 000
100 000
100 000
100 000
Total tax
33 698
37 159
44 427
35 511
After tax
66 302
62 841
55 573
64 489
Living cost
28 753
28 753
28 753
28 753
Free-cash
37 549
34 088
26 820
35 736

Estimated living cost  is ₴28753 per week

₴21545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3378
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴234
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3596
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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.

Source of data for London model

Close
Varna , Bulgaria
₴79917
₴75447
₴79637
₴77940
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
100 000
income
-
-
-
15 000
unemployment
-
-
-
59
health
-
-
-
1 710
pensions

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

-
-
-
2 201
total
-
-
-
18 970
Employee
7 392
-
97 082
-
pensions

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

649
-
1 306
-
income
739
-
9 708
-
health
340
-
684
-
accident

We are using the highest rate at 1.1%.

81
-
164
-
total
1 809
-
11 862
-
Employer
7 392
-
97 082
-
accident

We are using the highest rate at 1.1%.

81
-
164
-
unemployment
44
-
89
-
health
510
-
1 026
-
pensions

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

815
-
1 639
-
total
1 450
-
2 918
-
Corporate
91 157
100 000
-
-
income
9 116
10 000
-
-
total
9 116
10 000
-
-
Dividends
82 042
90 000
-
-
withholding
4 102
4 500
-
-
total
4 102
4 500
-
-
Income
100 000
100 000
100 000
100 000
Total tax
16 477
14 500
14 780
18 970
After tax
83 523
85 500
85 220
81 030
Living cost
5 583
5 583
5 583
5 583
Free-cash
77 940
79 917
79 637
75 447

Estimated living cost  is ₴5583 per week

₴3259
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴399
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴148
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1777
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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

Source of data for Varna model

Close
Amsterdam , Netherlands
₴26277
₴29863
₴40343
₴27349
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
100 000
income
-
-
-
36 297
health
-
-
-
5 249
pensions
-
-
-
4 987
total
-
-
-
46 533
Employee
39 464
36 350
92 089
-
pensions
4 987
4 987
4 987
-
income

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

5 950
5 950
17 906
-
health
4 923
4 746
5 249
-
total
15 860
15 683
28 142
-
Employer
39 464
36 350
92 089
-
unemployment
1 421
1 309
1 626
-
health
2 742
2 527
3 140
-
pensions
2 746
2 530
3 145
-
total
6 909
6 366
7 911
-
Corporate
53 626
57 285
-
-
income
10 726
11 457
-
-
total
10 726
11 457
-
-
Dividends
42 901
45 828
-
-
income
9 117
9 739
-
-
withholding
6 435
6 874
-
-
total
15 552
16 613
-
-
Income
100 000
100 000
100 000
100 000
Total tax
49 047
50 119
36 053
46 533
After tax
50 953
49 881
63 947
53 467
Living cost
23 604
23 604
23 604
23 604
Free-cash
27 349
26 277
40 343
29 863

Estimated living cost  is ₴23604 per week

₴17412
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2108
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴271
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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

Source of data for Amsterdam model

Close
Brno , Czech Republic
₴58692
₴49415
₴44961
₴55068
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
100 000
income
-
-
-
10 783
health
-
-
-
13 500
solidarity contribution
-
-
-
1 528
social contributions
-
-
-
14 616
total
-
-
-
40 427
Employee
14 938
-
80 262
-
solidarity contribution
-
-
1 128
-
income
1 793
-
9 926
-
health
2 017
-
10 835
-
social contributions
971
-
3 254
-
total
4 781
-
25 143
-
Employer
14 938
-
80 262
-
social contributions
3 734
-
12 514
-
health
1 344
-
7 224
-
total
5 078
-
19 738
-
Corporate
79 984
100 000
-
-
income
15 197
19 000
-
-
total
15 197
19 000
-
-
Dividends
64 787
81 000
-
-
withholding
9 718
12 150
-
-
total
9 718
12 150
-
-
Income
100 000
100 000
100 000
100 000
Total tax
34 774
31 150
44 881
40 427
After tax
65 226
68 850
55 119
59 573
Living cost
10 158
10 158
10 158
10 158
Free-cash
55 068
58 692
44 961
49 415

Estimated living cost  is ₴10158 per week

₴7056
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴723
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴200
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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

Source of data for Brno model

Close
Milan , Italy
₴35393
₴30499
₴26890
₴33171
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
100 000
municipal
-
-
-
629
regional
-
-
-
1 285
social contributions
-
-
-
21 304
national
-
-
-
28 322
total
-
-
-
51 540
Employee
37 830
-
100 000
-
municipal
200
-
577
-
national
6 555
-
25 473
-
social contributions
12 756
-
27 930
-
regional
357
-
1 169
-
total
19 868
-
55 149
-
Employer
37 830
-
100 000
-
total
-
-
-
-
Corporate
62 170
100 000
-
-
municipal
2 425
3 900
-
-
nationa
14 920
24 000
-
-
total
17 345
27 900
-
-
Dividends
44 825
72 100
-
-
withholding
11 655
18 746
-
-
total
11 655
18 746
-
-
Income
100 000
100 000
100 000
100 000
Total tax
48 868
46 646
55 149
51 540
After tax
51 132
53 354
44 851
48 460
Living cost
17 961
17 961
17 961
17 961
Free-cash
33 171
35 393
26 890
30 499

Estimated living cost  is ₴17961 per week

₴12520
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴275
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3987
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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

Source of data for Milan model

Close
Thessaloniki , Greece
₴53507
₴37598
₴34996
₴52181
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
100 000
income
-
-
-
32 051
unemployment
-
-
-
97
other
-
-
-
-
health
-
-
-
4 033
pensions
-
-
-
11 362
surtax
-
-
-
5 466
total
-
-
-
53 009
Employee
14 076
-
88 042
-
pensions
939
-
3 789
-
unemployment
980
-
3 954
-
other
-
-
-
-
income
2 360
-
29 505
-
health
359
-
1 448
-
surtax
46
-
4 956
-
total
4 684
-
43 652
-
Employer
14 076
-
88 042
-
unemployment
446
-
1 801
-
health
641
-
2 585
-
pensions
1 876
-
7 573
-
other
-
-
-
-
total
2 963
-
11 959
-
Corporate
82 961
100 000
-
-
income
21 570
26 000
-
-
total
21 570
26 000
-
-
Dividends
61 391
74 000
-
-
withholding
9 209
11 100
-
-
total
9 209
11 100
-
-
Income
100 000
100 000
100 000
100 000
Total tax
38 426
37 100
55 611
53 009
After tax
61 574
62 900
44 389
46 991
Living cost
9 393
9 393
9 393
9 393
Free-cash
52 181
53 507
34 996
37 598

Estimated living cost  is ₴9393 per week

₴5743
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴216
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2566
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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 of data for Thessaloniki model

Close
Cambridge , United Kingdom
₴43198
₴44846
₴35930
₴46039
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
100 000
income
-
-
-
31 157
pensions
-
-
-
4 354
total
-
-
-
35 511
Employee
27 263
-
87 132
-
pensions
2 314
-
5 177
-
income
4 910
-
25 213
-
health
396
-
1 169
-
total
7 620
-
31 559
-
Employer
27 263
-
87 132
-
health
518
-
1 655
-
pensions
2 951
-
11 213
-
total
3 469
-
12 868
-
Corporate
69 267
100 000
-
-
income

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

13 161
19 000
-
-
total
13 161
19 000
-
-
Dividends
56 106
81 000
-
-
withholding
10 068
18 159
-
-
total
10 068
18 159
-
-
Income
100 000
100 000
100 000
100 000
Total tax
34 318
37 159
44 427
35 511
After tax
65 682
62 841
55 573
64 489
Living cost
19 643
19 643
19 643
19 643
Free-cash
46 039
43 198
35 930
44 846

Estimated living cost  is ₴19643 per week

₴14717
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1472
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴205
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3249
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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.

Source of data for Cambridge model

Close
Zurich , Switzerland
₴13417
₴46662
₴43295
₴27242
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
100 000
other

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

-
-
-
2 000
health
-
-
-
225
regional
-
-
-
5 738
city
-
-
-
1 054
pensions
-
-
-
9 200
national
-
-
-
2 811
total
-
-
-
21 028
Employee
37 811
-
90 130
-
city
406
-
977
-
pensions
3 177
-
6 873
-
unemployment
-
-
-
-
national
179
-
2 324
-
health
85
-
202
-
regional
1 238
-
5 142
-
total
5 085
-
15 518
-
Employer
37 811
-
90 130
-
unemployment
-
-
-
-
health
85
-
202
-
pensions
3 177
-
6 873
-
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.

756
-
1 802
-
total
4 018
-
8 877
-
Corporate
57 756
100 000
-
-
national
4 909
8 500
-
-
regional
12 215
21 150
-
-
total
17 124
29 650
-
-
Dividends
40 631
70 350
-
-
withholding
14 221
24 623
-
-
total
14 221
24 623
-
-
Income
100 000
100 000
100 000
100 000
Total tax
40 448
54 273
24 395
21 028
After tax
59 552
45 727
75 605
78 972
Living cost
32 310
32 310
32 310
32 310
Free-cash
27 242
13 417
43 295
46 662

Estimated living cost  is ₴32310 per week

₴21011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2899
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.
₴8003
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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.

Source of data for Zurich model

Close
Munich , Germany
₴29867
₴28297
₴42053
₴36768
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
100 000
income

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

-
-
-
33 686
trade
-
-
-
13 756
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.

-
-
-
2 908
surtax

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

-
-
-
1 853
total
-
-
-
52 203
Employee

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

25 581
-
100 000
-
income

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

3 008
-
33 686
-
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.

2 908
-
2 908
-
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.

166
-
1 853
-
total
6 082
-
38 447
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
74 419
100 000
-
-
surtax

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

614
825
-
-
trade
12 763
17 150
-
-
chamber of commerce
170
205
-
-
income
11 163
15 000
-
-
total
24 710
33 180
-
-
Dividends
49 710
66 820
-
-
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.

674
910
-
-
withholding
12 266
16 543
-
-
total
12 940
17 453
-
-
Income
100 000
100 000
100 000
100 000
Total tax
43 732
50 633
38 447
52 203
After tax
56 268
49 367
61 553
47 797
Living cost
19 500
19 500
19 500
19 500
Free-cash
36 768
29 867
42 053
28 297

Estimated living cost  is ₴19500 per week

₴14242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1560
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴254
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3445
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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.

Source of data for Munich model

Close
Nice , France
₴35837
₴39791
₴36592
₴38353
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
100 000
income
-
-
-
19 242
other
-
-
-
3 100
health
-
-
-
5 009
social contributions
-
-
-
2 849
pensions
-
-
-
15 446
surtax
-
-
-
-
total
-
-
-
45 646
Employee
18 218
-
76 091
-
pensions
2 060
-
5 831
-
income
1 075
-
16 936
-
social contributions
519
-
2 168
-
surtax
-
-
-
-
total
3 654
-
24 935
-
Employer
18 218
-
76 091
-
social contributions
55
-
229
-
unemployment
737
-
3 082
-
health
1 275
-
7 680
-
pensions
2 993
-
9 721
-
other
628
-
3 198
-
total
5 688
-
23 910
-
Corporate
76 093
100 000
-
-
surtax
-
-
-
-
income
21 306
28 000
-
-
total
21 306
28 000
-
-
Dividends
54 787
72 000
-
-
surtax
-
-
-
-
withholding
7 013
9 216
-
-
social contributions
9 423
12 384
-
-
total
16 436
21 600
-
-
Income
100 000
100 000
100 000
100 000
Total tax
47 084
49 600
48 845
45 646
After tax
52 916
50 400
51 155
54 354
Living cost
14 563
14 563
14 563
14 563
Free-cash
38 353
35 837
36 592
39 791

Estimated living cost  is ₴14563 per week

₴9183
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1184
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴248
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3949
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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

Source of data for Nice model

Close
Marseille , France
₴37280
₴41234
₴38035
₴39647
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
100 000
income
-
-
-
19 242
other
-
-
-
3 100
health
-
-
-
5 009
social contributions
-
-
-
2 849
pensions
-
-
-
15 446
surtax
-
-
-
-
total
-
-
-
45 646
Employee
16 262
-
76 091
-
pensions
1 839
-
5 831
-
income
838
-
16 936
-
social contributions
464
-
2 168
-
surtax
-
-
-
-
total
3 141
-
24 935
-
Employer
16 262
-
76 091
-
social contributions
48
-
229
-
unemployment
658
-
3 082
-
health
1 138
-
7 680
-
pensions
2 672
-
9 721
-
other
561
-
3 198
-
total
5 077
-
23 910
-
Corporate
78 660
100 000
-
-
surtax
-
-
-
-
income
22 025
28 000
-
-
total
22 025
28 000
-
-
Dividends
56 635
72 000
-
-
surtax
-
-
-
-
withholding
7 249
9 216
-
-
social contributions
9 741
12 384
-
-
total
16 990
21 600
-
-
Income
100 000
100 000
100 000
100 000
Total tax
47 233
49 600
48 845
45 646
After tax
52 767
50 400
51 155
54 354
Living cost
13 120
13 120
13 120
13 120
Free-cash
39 647
37 280
38 035
41 234

Estimated living cost  is ₴13120 per week

₴7609
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1333
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴249
Clothing and shoes. We estimate one pair of shoes and 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

Source of data for Marseille model

Close
Vilnius , Lithuania
₴51983
₴55194
₴52396
₴52204
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
100 000
income
-
-
-
15 000
health
-
-
-
6 980
social contributions
-
-
-
13 800
total
-
-
-
35 780
Employee
14 432
-
100 000
-
income
2 407
-
17 798
-
health
1 007
-
6 980
-
social contributions
1 992
-
13 800
-
total
5 406
-
38 578
-
Employer
14 432
-
100 000
-
total
-
-
-
-
Corporate
85 568
100 000
-
-
income

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

4 279
5 000
-
-
total
4 279
5 000
-
-
Dividends
81 289
95 000
-
-
withholding
12 193
14 250
-
-
social contributions
11 218
13 110
-
-
health
5 674
6 631
-
-
total
29 085
33 991
-
-
Income
100 000
100 000
100 000
100 000
Total tax
38 770
38 991
38 578
35 780
After tax
61 230
61 009
61 422
64 220
Living cost
9 026
9 026
9 026
9 026
Free-cash
52 204
51 983
52 396
55 194

Estimated living cost  is ₴9026 per week

₴6041
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2221
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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

Source of data for Vilnius model

Close
Vienna , Austria
₴40092
₴36160
₴11143
₴39433
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
100 000
income
-
-
-
32 742
unemployment
-
-
-
2 611
chamber of commerce
-
-
-
400
health
-
-
-
3 804
pensions
-
-
-
9 200
surtax
-
-
-
84
total
-
-
-
48 841
Employee
21 273
16 963
83 164
-
pensions
2 179
1 737
5 092
-
unemployment
638
509
1 492
-
other
212
170
498
-
income
2 422
1 251
27 628
-
health
823
657
1 924
-
total
6 274
4 324
36 634
-
Employer
21 273
16 963
83 164
-
accident
276
221
646
-
surtax
84
84
84
-
unemployment
638
509
1 492
-
payroll
638
509
2 495
-
health
804
641
1 880
-
pensions
2 670
2 129
6 241
-
chamber of commerce
85
68
333
-
other
1 011
805
3 666
-
total
6 206
4 966
16 837
-
Corporate
72 522
78 071
81 548
-
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.

18 130
19 517
20 387
-
total
18 130
19 517
20 387
-
Dividends
54 392
58 553
-
-
withholding
14 958
16 102
-
-
total
14 958
16 102
-
-
Income
100 000
100 000
100 000
100 000
Total tax
45 568
44 909
73 858
48 841
After tax
54 432
55 091
26 142
51 159
Living cost
14 999
14 999
14 999
14 999
Free-cash
39 433
40 092
11 143
36 160

Estimated living cost  is ₴14999 per week

₴10003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1280
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴246
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3469
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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.

Source of data for Vienna model

Close
Brussels , Belgium
₴39120
₴27995
₴18289
₴33971
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
100 000
communal

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

-
-
-
5 364
social contributions
-
-
-
10 612
national
-
-
-
40 509
total
-
-
-
56 485
Employee

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

30 448
-
77 453
-
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.

2 284
-
5 809
-
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.

265
-
674
-
national
9 361
-
29 480
-
communal

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

1 588
-
4 040
-
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.

1 431
-
3 641
-
total
14 929
-
43 644
-
Employer

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

30 448
-
77 453
-
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.

396
-
1 007
-
surtax
3 452
-
8 784
-
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.

444
-
1 131
-
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.

1 872
-
4 763
-
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.

2 698
-
6 862
-
total
8 862
-
22 547
-
Corporate
60 689
100 000
-
-
surtax
243
435
-
-
income
12 138
21 730
-
-
total
12 381
22 165
-
-
Dividends
48 309
77 836
-
-
withholding

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

14 337
23 195
-
-
total
14 337
23 195
-
-
Income
100 000
100 000
100 000
100 000
Total tax
50 509
45 360
66 191
56 485
After tax
49 491
54 640
33 809
43 515
Living cost
15 520
15 520
15 520
15 520
Free-cash
33 971
39 120
18 289
27 995

Estimated living cost  is ₴15520 per week

₴9997
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1357
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴243
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3923
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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

Source of data for Brussels model

Close
Barcelona , Spain
₴50983
₴40468
₴38681
₴48065
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
100 000
income
-
-
-
32 324
unemployment
-
-
-
276
other
-
-
-
40
pensions
-
-
-
11 165
accident
-
-
-
355
total
-
-
-
44 160
Employee
21 188
-
87 422
-
pensions
996
-
1 855
-
unemployment
329
-
611
-
other
21
-
40
-
income
4 471
-
30 863
-
total
5 817
-
33 369
-
Employer
21 188
-
87 422
-
accident
419
-
781
-
unemployment
1 166
-
2 170
-
pensions
5 000
-
9 311
-
other
169
-
316
-
total
6 754
-
12 578
-
Corporate
72 058
100 000
-
-
income

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

10 809
15 000
-
-
total
10 809
15 000
-
-
Dividends
61 249
85 000
-
-
withholding
13 183
18 645
-
-
total
13 183
18 645
-
-
Income
100 000
100 000
100 000
100 000
Total tax
36 563
33 645
45 947
44 160
After tax
63 437
66 355
54 053
55 840
Living cost
15 372
15 372
15 372
15 372
Free-cash
48 065
50 983
38 681
40 468

Estimated living cost  is ₴15372 per week

₴11320
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1090
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴221
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2740
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₴33127
₴23507
₴27496
₴27273
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
100 000
income
-
-
-
19 225
communal
-
-
-
6 320
health
-
-
-
7 027
pensions
-
-
-
14 989
accident
-
-
-
843
surtax
-
-
-
4 957
total
-
-
-
53 361
Employee
32 235
-
89 326
-
pensions
2 578
-
7 146
-
income
3 114
-
22 104
-
health
1 435
-
3 974
-
surtax
1 976
-
5 474
-
total
9 103
-
38 698
-
Employer
32 235
-
89 326
-
accident
290
-
804
-
health
983
-
2 724
-
pensions
2 578
-
7 146
-
total
3 851
-
10 674
-
Corporate
63 914
100 000
-
-
surtax
671
1 050
-
-
communal
4 314
6 750
-
-
income
9 587
15 000
-
-
total
14 572
22 800
-
-
Dividends
49 341
77 200
-
-
income
14 668
9 361
-
-
withholding
7 401
11 580
-
-
total
22 069
20 941
-
-
Income
100 000
100 000
100 000
100 000
Total tax
49 595
43 741
49 372
53 361
After tax
50 405
56 259
50 628
46 639
Living cost
23 132
23 132
23 132
23 132
Free-cash
27 273
33 127
27 496
23 507

Estimated living cost  is ₴23132 per week

₴17353
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1401
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴245
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4133
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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

Source of data for Luxembourg model

Close
Athens , Greece
₴53339
₴37430
₴34828
₴51985
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
100 000
income
-
-
-
32 051
unemployment
-
-
-
97
other
-
-
-
-
health
-
-
-
4 033
pensions
-
-
-
11 362
surtax
-
-
-
5 466
total
-
-
-
53 009
Employee
14 335
-
88 042
-
pensions
956
-
3 789
-
unemployment
998
-
3 954
-
other
-
-
-
-
income
2 403
-
29 505
-
health
366
-
1 448
-
surtax
51
-
4 956
-
total
4 774
-
43 652
-
Employer
14 335
-
88 042
-
unemployment
455
-
1 801
-
health
652
-
2 585
-
pensions
1 911
-
7 573
-
other
-
-
-
-
total
3 018
-
11 959
-
Corporate
82 647
100 000
-
-
income
21 488
26 000
-
-
total
21 488
26 000
-
-
Dividends
61 159
74 000
-
-
withholding
9 174
11 100
-
-
total
9 174
11 100
-
-
Income
100 000
100 000
100 000
100 000
Total tax
38 454
37 100
55 611
53 009
After tax
61 546
62 900
44 389
46 991
Living cost
9 561
9 561
9 561
9 561
Free-cash
51 985
53 339
34 828
37 430

Estimated living cost  is ₴9561 per week

₴5772
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴831
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴222
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2736
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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 of data for Athens model

Close
Naples , Italy
₴41096
₴36682
₴33091
₴40151
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
100 000
municipal
-
-
-
629
regional
-
-
-
1 597
social contributions
-
-
-
21 304
national
-
-
-
28 322
total
-
-
-
51 852
Employee
23 612
-
100 000
-
municipal
125
-
577
-
national
3 741
-
25 473
-
social contributions
7 962
-
27 930
-
regional
318
-
1 463
-
total
12 146
-
55 443
-
Employer
23 612
-
100 000
-
total
-
-
-
-
Corporate
76 388
100 000
-
-
municipal
3 797
4 970
-
-
nationa
18 333
24 000
-
-
total
22 130
28 970
-
-
Dividends
54 258
71 030
-
-
withholding
14 107
18 468
-
-
total
14 107
18 468
-
-
Income
100 000
100 000
100 000
100 000
Total tax
48 383
47 438
55 443
51 852
After tax
51 617
52 562
44 557
48 148
Living cost
11 466
11 466
11 466
11 466
Free-cash
40 151
41 096
33 091
36 682

Estimated living cost  is ₴11466 per week

₴7131
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1162
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴196
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2977
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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

Source of data for Naples model

Close
Prague , Czech Republic
₴56333
₴47056
₴42602
₴51867
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
100 000
income
-
-
-
10 783
health
-
-
-
13 500
solidarity contribution
-
-
-
1 528
social contributions
-
-
-
14 616
total
-
-
-
40 427
Employee
18 407
-
80 262
-
solidarity contribution
-
-
1 128
-
income
2 209
-
9 926
-
health
2 485
-
10 835
-
social contributions
1 196
-
3 254
-
total
5 890
-
25 143
-
Employer
18 407
-
80 262
-
social contributions
4 602
-
12 514
-
health
1 657
-
7 224
-
total
6 259
-
19 738
-
Corporate
75 335
100 000
-
-
income
14 314
19 000
-
-
total
14 314
19 000
-
-
Dividends
61 021
81 000
-
-
withholding
9 153
12 150
-
-
total
9 153
12 150
-
-
Income
100 000
100 000
100 000
100 000
Total tax
35 616
31 150
44 881
40 427
After tax
64 384
68 850
55 119
59 573
Living cost
12 517
12 517
12 517
12 517
Free-cash
51 867
56 333
42 602
47 056

Estimated living cost  is ₴12517 per week

₴9308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴693
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴217
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2299
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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

Source of data for Prague model

Close
Graz , Austria
₴41557
₴37663
₴12581
₴41345
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
100 000
income
-
-
-
32 742
unemployment
-
-
-
2 611
chamber of commerce
-
-
-
400
health
-
-
-
3 804
pensions
-
-
-
9 200
surtax
-
-
-
-
total
-
-
-
48 757
Employee
18 607
16 963
83 242
-
pensions
1 906
1 737
5 092
-
unemployment
558
509
1 492
-
other
186
170
498
-
income
1 658
1 251
27 667
-
health
720
657
1 924
-
total
5 028
4 324
36 673
-
Employer
18 607
16 963
83 242
-
accident
242
221
646
-
surtax
-
-
-
-
unemployment
558
509
1 492
-
payroll
558
509
2 498
-
health
704
641
1 880
-
pensions
2 335
2 129
6 241
-
chamber of commerce
74
68
333
-
other
884
805
3 669
-
total
5 355
4 882
16 759
-
Corporate
76 038
78 155
81 626
-
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.

19 009
19 538
20 407
-
total
19 009
19 538
20 407
-
Dividends
57 029
58 616
-
-
withholding
15 683
16 119
-
-
total
15 683
16 119
-
-
Income
100 000
100 000
100 000
100 000
Total tax
45 075
44 863
73 839
48 757
After tax
54 925
55 137
26 161
51 243
Living cost
13 580
13 580
13 580
13 580
Free-cash
41 345
41 557
12 581
37 663

Estimated living cost  is ₴13580 per week

₴8146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1387
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴242
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3805
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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.

Source of data for Graz model

Close
Tbilisi , Georgia
₴88978
₴92978
₴73978
₴87848
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
100 000
microenterprise

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

-
-
-
1 000
total
-
-
-
1 000
Employee
7 527
-
100 000
-
income
1 506
-
20 000
-
total
1 506
-
20 000
-
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%.

92 473
100 000
-
-
total
-
-
-
-
Dividends
92 473
100 000
-
-
withholding
4 624
5 000
-
-
total
4 624
5 000
-
-
Income
100 000
100 000
100 000
100 000
Total tax
6 130
5 000
20 000
1 000
After tax
93 870
95 000
80 000
99 000
Living cost
6 022
6 022
6 022
6 022
Free-cash
87 848
88 978
73 978
92 978

Estimated living cost  is ₴6022 per week

₴4075
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴253
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴202
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1492
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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.

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₴57433
₴34563
₴32390
₴53871
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
100 000
income
-
-
-
25 768
unemployment
-
-
-
150
health
-
-
-
9 840
pensions
-
-
-
18 262
total
-
-
-
54 020
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.

18 823
-
86 528
-
pensions
2 918
-
13 411
-
unemployment
27
-
121
-
income
3 246
-
23 598
-
health
1 216
-
5 590
-
total
7 407
-
42 720
-
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.

18 823
-
86 528
-
unemployment
11
-
52
-
health
1 254
-
5 763
-
pensions
1 666
-
7 658
-
total
2 931
-
13 473
-
Corporate
78 247
100 000
-
-
income
14 867
19 000
-
-
total
14 867
19 000
-
-
Dividends
63 379
81 000
-
-
withholding
9 507
12 150
-
-
total
9 507
12 150
-
-
Income
100 000
100 000
100 000
100 000
Total tax
34 712
31 150
56 193
54 020
After tax
65 288
68 850
43 807
45 980
Living cost
11 417
11 417
11 417
11 417
Free-cash
53 871
57 433
32 390
34 563

Estimated living cost  is ₴11417 per week

₴7835
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴732
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴221
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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

Source of data for Ljubljana model

Close
Oslo , Norway
₴42262
₴50530
₴75758
₴21782
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
100 000
income
-
-
-
19 492
social contributions
-
-
-
11 400
total
-
-
-
30 892
Employee
26 638
-
-
-
income
5 876
-
-
-
social contributions
2 184
-
311
-
total
8 060
-
311
-
Employer
26 638
-
-
-
social contributions
37 560
-
5 353
-
total
37 560
-
5 353
-
Corporate
35 802
100 000
-
-
income
7 876
22 000
-
-
total
7 876
22 000
-
-
Dividends
27 925
78 000
-
-
income
6 144
17 160
-
-
total
6 144
17 160
-
-
Income
100 000
100 000
100 000
100 000
Total tax
59 640
39 160
5 664
30 892
After tax
40 360
60 840
94 336
69 108
Living cost
18 578
18 578
18 578
18 578
Free-cash
21 782
42 262
75 758
50 530

Estimated living cost  is ₴18578 per week

₴12054
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴237
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4540
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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

Source of data for Oslo model

Close
Lisbon , Portugal
₴43528
₴38598
₴30629
₴43099
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
100 000
income
-
-
-
13 300
social contributions

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

-
-
-
34 750
surtax
-
-
-
-
total
-
-
-
48 050
Employee
19 577
-
80 808
-
income
4 072
-
27 755
-
social contributions
2 154
-
8 889
-
surtax
-
-
183
-
total
6 226
-
36 827
-
Employer
19 577
-
80 808
-
social contributions
4 650
-
19 192
-
total
4 650
-
19 192
-
Corporate
75 773
100 000
-
-
surtax
-
-
-
-
income
15 912
21 000
-
-
total
15 912
21 000
-
-
Dividends
59 861
79 000
-
-
withholding
16 761
22 120
-
-
total
16 761
22 120
-
-
Income
100 000
100 000
100 000
100 000
Total tax
43 549
43 120
56 019
48 050
After tax
56 451
56 880
43 981
51 950
Living cost
13 352
13 352
13 352
13 352
Free-cash
43 099
43 528
30 629
38 598

Estimated living cost  is ₴13352 per week

₴9990
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴788
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2351
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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

Source of data for Lisbon model

Close
Paris , France
₴29841
₴33795
₴30596
₴32768
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
100 000
income
-
-
-
19 242
other
-
-
-
3 100
health
-
-
-
5 009
social contributions
-
-
-
2 849
pensions
-
-
-
15 446
surtax
-
-
-
-
total
-
-
-
45 646
Employee
26 660
-
76 091
-
pensions
3 015
-
5 831
-
income
2 326
-
16 936
-
social contributions
759
-
2 168
-
surtax
-
-
-
-
total
6 100
-
24 935
-
Employer
26 660
-
76 091
-
social contributions
80
-
229
-
unemployment
1 080
-
3 082
-
health
1 866
-
7 680
-
pensions
4 381
-
9 721
-
other
920
-
3 198
-
total
8 327
-
23 910
-
Corporate
65 013
100 000
-
-
surtax
-
-
-
-
income
18 204
28 000
-
-
total
18 204
28 000
-
-
Dividends
46 810
72 000
-
-
surtax
-
-
-
-
withholding
5 991
9 216
-
-
social contributions
8 051
12 384
-
-
total
14 042
21 600
-
-
Income
100 000
100 000
100 000
100 000
Total tax
46 673
49 600
48 845
45 646
After tax
53 327
50 400
51 155
54 354
Living cost
20 559
20 559
20 559
20 559
Free-cash
32 768
29 841
30 596
33 795

Estimated living cost  is ₴20559 per week

₴13914
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1682
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴282
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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

Source of data for Paris model

Close
Andorra , Andorra
₴77205
₴59990
₴62647
₴75776
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
100 000
income
-
-
-
5 215
social contributions
-
-
-
22 000
total
-
-
-
27 215
Employee
13 685
-
86 580
-
income
-
-
5 511
-
social contributions
889
-
5 627
-
total
889
-
11 138
-
Employer
13 685
-
86 580
-
social contributions
2 121
-
13 420
-
total
2 121
-
13 420
-
Corporate
84 194
100 000
-
-
income
8 419
10 000
-
-
total
8 419
10 000
-
-
Dividends
75 775
90 000
-
-
total
-
-
-
-
Income
100 000
100 000
100 000
100 000
Total tax
11 429
10 000
24 558
27 215
After tax
88 571
90 000
75 442
72 785
Living cost
12 795
12 795
12 795
12 795
Free-cash
75 776
77 205
62 647
59 990

Estimated living cost  is ₴12795 per week

₴8273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴964
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴241
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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.

Source of data for Andorra model

Close
Copenhagen , Denmark
₴7257
₴37031
₴7257
₴4133
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
100 000
municipal
-
-
-
21 574
labour market
-
-
-
7 971
pensions
-
-
-
369
national
-
-
-
12 555
total
-
-
-
42 469
Employee
86 527
86 527
86 527
-
municipal
18 425
18 425
18 425
-
pensions
123
123
123
-
labour market
6 912
6 912
6 912
-
national
10 571
10 571
10 571
-
total
36 031
36 031
36 031
-
Employer
86 527
86 527
86 527
-
labour market
6 922
6 922
6 922
-
national
10 589
10 589
10 589
-
pensions
246
246
246
-
municipal
18 455
18 455
18 455
-
total
36 212
36 212
36 212
-
Corporate
7 256
-
-
-
income
1 596
-
-
-
total
1 596
-
-
-
Dividends
5 660
-
-
-
withholding
1 528
-
-
-
total
1 528
-
-
-
Income
100 000
100 000
100 000
100 000
Total tax
75 367
72 243
72 243
42 469
After tax
24 633
27 757
27 757
57 531
Living cost
20 500
20 500
20 500
20 500
Free-cash
4 133
7 257
7 257
37 031

Estimated living cost  is ₴20500 per week

₴14031
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1813
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴315
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4341
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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

Source of data for Copenhagen model

Close
Krakow , Poland
-₴1164
₴59008
₴45923
₴6679
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
100 000
income
-
-
-
28 752
other
-
-
-
158
health
-
-
-
932
pensions
-
-
-
1 778
accident
-
-
-
108
total
-
-
-
31 728
Employee
14 573
-
91 521
-
pensions
1 641
-
3 261
-
income
1 999
-
22 594
-
health
1 669
-
10 479
-
total
5 309
-
36 334
-
Employer
14 573
-
91 521
-
accident
243
-
1 528
-
unemployment
357
-
2 242
-
pensions
2 370
-
4 709
-
total
2 970
-
8 479
-
Corporate
82 457
100 000
-
-
income

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

74 211
90 000
-
-
total
74 211
90 000
-
-
Dividends
8 246
10 000
-
-
withholding
1 567
1 900
-
-
total
1 567
1 900
-
-
Income
100 000
100 000
100 000
100 000
Total tax
84 057
91 900
44 813
31 728
After tax
15 943
8 100
55 187
68 272
Living cost
9 264
9 264
9 264
9 264
Free-cash
6 679
-1 164
45 923
59 008

Estimated living cost  is ₴9264 per week

₴6743
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴528
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴174
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1819
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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.

Source of data for Krakow model

Close
Helsinki , Finland
₴44766
₴44521
₴33065
₴46081
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay 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

-
-
-
100 000
health
-
-
-
1 363
municipal
-
-
-
17 755
national
-
-
-
20 019
total
-
-
-
39 137
Employee
22 395
-
84 126
-
municipal
3 668
-
13 692
-
pensions
1 511
-
5 679
-
unemployment
336
-
1 262
-
national
370
-
12 967
-
health
167
-
1 118
-
total
6 052
-
34 718
-
Employer
22 395
-
84 126
-
accident
23
-
84
-
unemployment
145
-
547
-
health
172
-
648
-
pensions
3 885
-
14 596
-
total
4 225
-
15 875
-
Corporate
73 380
100 000
-
-
income
14 676
20 000
-
-
total
14 676
20 000
-
-
Dividends

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

44 028
60 000
-
-
municipal
7 925
10 800
-
-
national
4 699
8 092
-
-
total
12 624
18 892
-
-
Income
100 000
100 000
100 000
100 000
Total tax
37 577
38 892
50 593
39 137
After tax
62 423
61 108
49 407
60 863
Living cost
16 342
16 342
16 342
16 342
Free-cash
46 081
44 766
33 065
44 521

Estimated living cost  is ₴16342 per week

₴10675
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1572
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴260
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3836
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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.

Source of data for Helsinki model

Close
Larnaca , Cyprus
₴63013
₴57242
₴56430
₴60697
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
100 000
income
-
-
-
23 466
health
-
-
-
2 550
social contributions
-
-
-
6 887
total
-
-
-
32 903
Employee
32 731
32 731
94 586
-
income
3 564
3 030
23 029
-
health
254
557
1 608
-
social contributions
1 238
2 717
3 664
-
total
5 056
6 304
28 301
-
Employer
32 731
32 731
94 586
-
social contributions
1 238
2 717
3 664
-
health
275
606
1 750
-
total
1 513
3 323
5 414
-
Corporate
83 577
63 946
-
-
income
10 447
7 993
-
-
total
10 447
7 993
-
-
Dividends
73 130
55 953
-
-
withholding
12 432
9 512
-
-
total
12 432
9 512
-
-
Income
100 000
100 000
100 000
100 000
Total tax
29 448
27 132
33 715
32 903
After tax
70 552
72 868
66 285
67 097
Living cost
9 855
9 855
9 855
9 855
Free-cash
60 697
63 013
56 430
57 242

Estimated living cost  is ₴9855 per week

₴5906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴967
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴218
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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

Source of data for Larnaca model

Close
Podgorica , Montenegro
₴76052
₴78601
₴70063
₴73889
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay 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
-
-
-
100 000
income
-
-
-
10 381
unemployment
-
-
-
12
health
-
-
-
1 540
pensions
-
-
-
2 708
total
-
-
-
14 641
Employee

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

9 770
-
95 840
-
pensions
1 465
-
6 058
-
unemployment
48
-
202
-
income
668
-
9 326
-
health
830
-
3 433
-
total
3 011
-
19 019
-
Employer

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

9 770
-
95 840
-
unemployment
48
-
202
-
health
420
-
1 737
-
pensions
537
-
2 221
-
total
1 005
-
4 160
-
Corporate
89 224
100 000
-
-
income
8 030
9 000
-
-
total
8 030
9 000
-
-
Dividends
81 194
91 000
-
-
withholding
7 307
8 190
-
-
total
7 307
8 190
-
-
Income
100 000
100 000
100 000
100 000
Total tax
19 353
17 190
23 179
14 641
After tax
80 647
82 810
76 821
85 359
Living cost
6 758
6 758
6 758
6 758
Free-cash
73 889
76 052
70 063
78 601

Estimated living cost  is ₴6758 per week

₴4312
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴487
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴201
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1758
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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

Source of data for Podgorica model

Close
Valencia , Spain
₴54650
₴44135
₴42348
₴52770
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
100 000
income
-
-
-
32 324
unemployment
-
-
-
276
other
-
-
-
40
pensions
-
-
-
11 165
accident
-
-
-
355
total
-
-
-
44 160
Employee
15 739
-
87 422
-
pensions
740
-
1 855
-
unemployment
244
-
611
-
other
15
-
40
-
income
3 034
-
30 863
-
total
4 033
-
33 369
-
Employer
15 739
-
87 422
-
accident
312
-
781
-
unemployment
866
-
2 170
-
pensions
3 714
-
9 311
-
other
126
-
316
-
total
5 018
-
12 578
-
Corporate
79 243
100 000
-
-
income

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

11 886
15 000
-
-
total
11 886
15 000
-
-
Dividends
67 357
85 000
-
-
withholding
14 588
18 645
-
-
total
14 588
18 645
-
-
Income
100 000
100 000
100 000
100 000
Total tax
35 525
33 645
45 947
44 160
After tax
64 475
66 355
54 053
55 840
Living cost
11 705
11 705
11 705
11 705
Free-cash
52 770
54 650
42 348
44 135

Estimated living cost  is ₴11705 per week

₴7901
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1125
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴205
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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

Source of data for Valencia model

Close
Istanbul , Turkey
₴61228
₴63139
₴63056
₴61035
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
100 000
income
-
-
-
34 214
health
-
-
-
620
pensions
-
-
-
855
total
-
-
-
35 689
Employee
1 785
-
99 038
-
pensions
161
-
385
-
unemployment
18
-
43
-
income
345
-
34 169
-
health
89
-
214
-
total
613
-
34 811
-
Employer
1 785
-
99 038
-
unemployment
36
-
85
-
health
170
-
406
-
pensions
196
-
470
-
total
402
-
961
-
Corporate
97 813
100 000
-
-
income
21 519
22 000
-
-
total
21 519
22 000
-
-
Dividends
76 294
78 000
-
-
withholding
15 259
15 600
-
-
total
15 259
15 600
-
-
Income
100 000
100 000
100 000
100 000
Total tax
37 793
37 600
35 772
35 689
After tax
62 207
62 400
64 228
64 311
Living cost
1 172
1 172
1 172
1 172
Free-cash
61 035
61 228
63 056
63 139

Estimated living cost  is ₴1172 per week

₴697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴95
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴27
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴354
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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 of data for Istanbul model

Close
Belgrade , Serbia
₴64884
₴57515
₴57515
₴62789
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
100 000
income
-
-
-
23 221
unemployment
-
-
-
472
health
-
-
-
3 242
pensions
-
-
-
8 184
total
-
-
-
35 119
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.

11 107
-
94 366
-
pensions
1 555
-
4 407
-
unemployment
83
-
236
-
income
1 531
-
23 221
-
health
572
-
1 621
-
total
3 741
-
29 485
-
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.

11 107
-
94 366
-
unemployment
83
-
236
-
health
572
-
1 621
-
pensions
1 333
-
3 777
-
total
1 988
-
5 634
-
Corporate
86 905
100 000
-
-
income
13 036
15 000
-
-
total
13 036
15 000
-
-
Dividends
73 869
85 000
-
-
withholding
11 080
12 750
-
-
total
11 080
12 750
-
-
Income
100 000
100 000
100 000
100 000
Total tax
29 845
27 750
35 119
35 119
After tax
70 155
72 250
64 881
64 881
Living cost
7 366
7 366
7 366
7 366
Free-cash
62 789
64 884
57 515
57 515

Estimated living cost  is ₴7366 per week

₴4959
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴570
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴213
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1624
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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

Source of data for Belgrade model

Close
Porto , Portugal
₴45404
₴40474
₴32505
₴45252
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
100 000
income
-
-
-
13 300
social contributions

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

-
-
-
34 750
surtax
-
-
-
-
total
-
-
-
48 050
Employee
16 521
-
80 808
-
income
3 228
-
27 755
-
social contributions
1 817
-
8 889
-
surtax
-
-
183
-
total
5 045
-
36 827
-
Employer
16 521
-
80 808
-
social contributions
3 923
-
19 192
-
total
3 923
-
19 192
-
Corporate
79 556
100 000
-
-
surtax
-
-
-
-
income
16 706
21 000
-
-
total
16 706
21 000
-
-
Dividends
62 849
79 000
-
-
withholding
17 598
22 120
-
-
total
17 598
22 120
-
-
Income
100 000
100 000
100 000
100 000
Total tax
43 272
43 120
56 019
48 050
After tax
56 728
56 880
43 981
51 950
Living cost
11 476
11 476
11 476
11 476
Free-cash
45 252
45 404
32 505
40 474

Estimated living cost  is ₴11476 per week

₴8128
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴797
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴204
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2347
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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

Source of data for Porto model

Close
Madrid , Spain
₴51395
₴40880
₴39093
₴48610
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
100 000
income
-
-
-
32 324
unemployment
-
-
-
276
other
-
-
-
40
pensions
-
-
-
11 165
accident
-
-
-
355
total
-
-
-
44 160
Employee
20 557
-
87 422
-
pensions
966
-
1 855
-
unemployment
318
-
611
-
other
20
-
40
-
income
4 294
-
30 863
-
total
5 598
-
33 369
-
Employer
20 557
-
87 422
-
accident
407
-
781
-
unemployment
1 131
-
2 170
-
pensions
4 851
-
9 311
-
other
165
-
316
-
total
6 554
-
12 578
-
Corporate
72 888
100 000
-
-
income

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

10 933
15 000
-
-
total
10 933
15 000
-
-
Dividends
61 955
85 000
-
-
withholding
13 345
18 645
-
-
total
13 345
18 645
-
-
Income
100 000
100 000
100 000
100 000
Total tax
36 430
33 645
45 947
44 160
After tax
63 570
66 355
54 053
55 840
Living cost
14 960
14 960
14 960
14 960
Free-cash
48 610
51 395
39 093
40 880

Estimated living cost  is ₴14960 per week

₴10743
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴211
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2843
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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

Source of data for Madrid model

Close
Sofia , Bulgaria
₴78175
₴73705
₴77895
₴75580
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
100 000
income
-
-
-
15 000
unemployment
-
-
-
59
health
-
-
-
1 710
pensions

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

-
-
-
2 201
total
-
-
-
18 970
Employee
9 699
-
97 082
-
pensions

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

851
-
1 306
-
income
970
-
9 708
-
health
446
-
684
-
accident

We are using the highest rate at 1.1%.

107
-
164
-
total
2 374
-
11 862
-
Employer
9 699
-
97 082
-
accident

We are using the highest rate at 1.1%.

107
-
164
-
unemployment
58
-
89
-
health
669
-
1 026
-
pensions

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

1 069
-
1 639
-
total
1 903
-
2 918
-
Corporate
88 398
100 000
-
-
income
8 840
10 000
-
-
total
8 840
10 000
-
-
Dividends
79 558
90 000
-
-
withholding
3 978
4 500
-
-
total
3 978
4 500
-
-
Income
100 000
100 000
100 000
100 000
Total tax
17 095
14 500
14 780
18 970
After tax
82 905
85 500
85 220
81 030
Living cost
7 325
7 325
7 325
7 325
Free-cash
75 580
78 175
77 895
73 705

Estimated living cost  is ₴7325 per week

₴4844
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴419
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴175
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1886
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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

Source of data for Sofia model

Close
Berlin , Germany
₴34989
₴33609
₴45119
₴40559
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
100 000
income

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

-
-
-
33 686
trade
-
-
-
11 510
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.

-
-
-
2 908
surtax

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

-
-
-
1 853
total
-
-
-
49 957
Employee

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

21 179
-
100 000
-
income

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

1 742
-
33 686
-
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.

2 908
-
2 908
-
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.

96
-
1 853
-
total
4 746
-
38 447
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
78 821
100 000
-
-
surtax

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

650
825
-
-
trade
11 310
14 350
-
-
chamber of commerce
180
212
-
-
income
11 823
15 000
-
-
total
23 963
30 387
-
-
Dividends
54 857
69 613
-
-
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.

746
948
-
-
withholding
13 552
17 242
-
-
total
14 298
18 190
-
-
Income
100 000
100 000
100 000
100 000
Total tax
43 007
48 577
38 447
49 957
After tax
56 993
51 423
61 553
50 043
Living cost
16 434
16 434
16 434
16 434
Free-cash
40 559
34 989
45 119
33 609

Estimated living cost  is ₴16434 per week

₴11336
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1768
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴238
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3091
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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.

Source of data for Berlin model

Close
Dublin , Ireland
₴45752
₴25524
₴25524
₴46692
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
100 000
income
-
-
-
32 964
social contributions
-
-
-
17 264
total
-
-
-
50 228
Employee
33 296
-
100 000
-
income
6 283
-
32 964
-
social contributions
2 766
-
17 264
-
total
9 049
-
50 228
-
Employer
33 296
-
100 000
-
total
-
-
-
-
Corporate
66 704
100 000
-
-
income
8 338
12 500
-
-
total
8 338
12 500
-
-
Dividends
58 366
87 500
-
-
withholding
11 673
17 500
-
-
total
11 673
17 500
-
-
Income
100 000
100 000
100 000
100 000
Total tax
29 060
30 000
50 228
50 228
After tax
70 940
70 000
49 772
49 772
Living cost
24 248
24 248
24 248
24 248
Free-cash
46 692
45 752
25 524
25 524

Estimated living cost  is ₴24248 per week

₴18447
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1976
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴232
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3593
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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.

Source of data for Dublin model

Close
Sliema , Malta
₴47299
₴66696
₴54123
₴48787
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
100 000
income
-
-
-
15 000
health

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

-
-
-
2 852
total
-
-
-
17 852
Employee
19 527
-
98 042
-
income
2 119
-
26 509
-
social contributions
1 956
-
1 958
-
total
4 075
-
28 467
-
Employer
19 527
-
98 042
-
social contributions
1 956
-
1 958
-
total
1 956
-
1 958
-
Corporate
78 517
100 000
-
-
income
27 481
35 000
-
-
total
27 481
35 000
-
-
Dividends
51 036
65 000
-
-
social contributions
2 249
2 249
-
-
total
2 249
2 249
-
-
Income
100 000
100 000
100 000
100 000
Total tax
35 761
37 249
30 425
17 852
After tax
64 239
62 751
69 575
82 148
Living cost
15 452
15 452
15 452
15 452
Free-cash
48 787
47 299
54 123
66 696

Estimated living cost  is ₴15452 per week

₴10178
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1218
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴237
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3818
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₴46872
₴48520
₴39604
₴49417
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
100 000
income
-
-
-
31 157
pensions
-
-
-
4 354
total
-
-
-
35 511
Employee
21 920
-
87 132
-
pensions
1 673
-
5 177
-
income
3 992
-
25 213
-
health
286
-
1 169
-
total
5 951
-
31 559
-
Employer
21 920
-
87 132
-
health
417
-
1 655
-
pensions
2 215
-
11 213
-
total
2 632
-
12 868
-
Corporate
75 449
100 000
-
-
income

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

14 335
19 000
-
-
total
14 335
19 000
-
-
Dividends
61 113
81 000
-
-
withholding
11 696
18 159
-
-
total
11 696
18 159
-
-
Income
100 000
100 000
100 000
100 000
Total tax
34 614
37 159
44 427
35 511
After tax
65 386
62 841
55 573
64 489
Living cost
15 969
15 969
15 969
15 969
Free-cash
49 417
46 872
39 604
48 520

Estimated living cost  is ₴15969 per week

₴10955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1469
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴200
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3345
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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.

Source of data for Edinburgh model

Close
Warsaw , Poland
-₴2081
₴58091
₴45006
₴6539
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
100 000
income
-
-
-
28 752
other
-
-
-
158
health
-
-
-
932
pensions
-
-
-
1 778
accident
-
-
-
108
total
-
-
-
31 728
Employee
16 016
-
91 521
-
pensions
1 803
-
3 261
-
income
2 197
-
22 594
-
health
1 834
-
10 479
-
total
5 834
-
36 334
-
Employer
16 016
-
91 521
-
accident
267
-
1 528
-
unemployment
392
-
2 242
-
pensions
2 604
-
4 709
-
total
3 263
-
8 479
-
Corporate
80 721
100 000
-
-
income

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

72 649
90 000
-
-
total
72 649
90 000
-
-
Dividends
8 072
10 000
-
-
withholding
1 534
1 900
-
-
total
1 534
1 900
-
-
Income
100 000
100 000
100 000
100 000
Total tax
83 280
91 900
44 813
31 728
After tax
16 720
8 100
55 187
68 272
Living cost
10 181
10 181
10 181
10 181
Free-cash
6 539
-2 081
45 006
58 091

Estimated living cost  is ₴10181 per week

₴7472
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴593
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴205
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1911
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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.

Source of data for Warsaw model

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Skopje , Macedonia
₴70755
₴58685
₴68037
₴69469
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
100 000
income
-
-
-
16 867
unemployment
-
-
-
816
work injury
-
-
-
340
health insurance
-
-
-
5 033
pensions
-
-
-
12 514
total
-
-
-
35 570
Employee

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

9 191
-
100 000
-
pensions
1 691
-
6 257
-
unemployment
110
-
408
-
work injury
46
-
170
-
health insurance
680
-
2 516
-
income
919
-
16 867
-
total
3 446
-
26 218
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
90 809
100 000
-
-
income

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

9 081
10 000
-
-
total
9 081
10 000
-
-
Dividends
81 728
90 000
-
-
withholding
12 259
13 500
-
-
total
12 259
13 500
-
-
Income
100 000
100 000
100 000
100 000
Total tax
24 786
23 500
26 218
35 570
After tax
75 214
76 500
73 782
64 430
Living cost
5 745
5 745
5 745
5 745
Free-cash
69 469
70 755
68 037
58 685

Estimated living cost  is ₴5745 per week

₴3559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴417
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴179
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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

Source of data for Skopje model

Close
Rome , Italy
₴35716
₴30230
₴26733
₴33779
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
100 000
municipal
-
-
-
708
regional
-
-
-
2 479
social contributions
-
-
-
21 304
national
-
-
-
28 322
total
-
-
-
52 813
Employee
35 869
-
100 000
-
municipal
214
-
649
-
national
6 062
-
25 473
-
social contributions
12 095
-
27 930
-
regional
542
-
2 258
-
total
18 913
-
56 310
-
Employer
35 869
-
100 000
-
total
-
-
-
-
Corporate
64 131
100 000
-
-
municipal
3 091
4 820
-
-
nationa
15 391
24 000
-
-
total
18 482
28 820
-
-
Dividends
45 648
71 180
-
-
withholding
11 869
18 507
-
-
total
11 869
18 507
-
-
Income
100 000
100 000
100 000
100 000
Total tax
49 264
47 327
56 310
52 813
After tax
50 736
52 673
43 690
47 187
Living cost
16 957
16 957
16 957
16 957
Free-cash
33 779
35 716
26 733
30 230

Estimated living cost  is ₴16957 per week

₴11911
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.
₴256
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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

Source of data for Rome model

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