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
₴ 76000
per

Your estimated
City
free-cash

Dresden , Germany
₴25327
₴30076
₴26408
₴35234
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
76 000
trade
-
-
-
8 826
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.

-
-
-
23 534
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.

-
-
-
2 933
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.

-
-
-
1 295
total
-
-
-
36 588
Employee

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

16 421
-
76 000
-
health

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

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

2 933
-
2 933
-
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
-
1 295
-
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.

459
-
23 534
-
total
3 417
-
27 762
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
59 579
76 000
-
-
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.

491
627
-
-
income
8 937
11 400
-
-
trade
9 384
11 970
-
-
chamber of commerce
151
174
-
-
total
18 963
24 171
-
-
Dividends
40 616
51 828
-
-
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.

549
704
-
-
withholding
9 991
12 794
-
-
total
10 540
13 498
-
-
Income
76 000
76 000
76 000
76 000
Total tax
32 920
37 669
27 762
36 588
After tax
43 080
38 331
48 238
39 412
Living cost
13 004
13 004
13 004
13 004
Free-cash
30 076
25 327
35 234
26 408

Estimated living cost  is ₴13004 per week

₴8180
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1516
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.
₴3065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴25760
₴25399
₴23090
₴23498
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
municipal
-
-
-
8 331
pensions
-
-
-
9 120
national
-
-
-
12 978
social contributions
-
-
-
817
total
-
-
-
31 246
Employee
33 583
-
65 701
-
municipal
4 148
-
8 625
-
pensions
1 343
-
2 628
-
national
6 428
-
13 623
-
total
11 919
-
24 876
-
Employer
33 583
-
65 701
-
social contributions
361
-
706
-
pensions
2 687
-
5 256
-
total
3 048
-
5 962
-
Corporate
37 153
76 000
-
-
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%.

7 431
15 200
-
-
total
7 431
15 200
-
-
Dividends
29 722
60 800
-
-
withholding
6 539
13 376
-
-
total
6 539
13 376
-
-
Income
76 000
76 000
76 000
76 000
Total tax
28 937
28 576
30 838
31 246
After tax
47 063
47 424
45 162
44 754
Living cost
21 664
21 664
21 664
21 664
Free-cash
25 399
25 760
23 498
23 090

Estimated living cost  is ₴21664 per week

₴14725
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2014
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴324
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4601
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴51868
₴48346
₴17326
₴23028
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
76 000
microenterprise
-
-
-
-
income
-
-
-
13 912
surtax
-
-
-
19 380
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.

-
-
-
16 450
total
-
-
-
49 742
Employee
12 546
-
57 363
-
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.

1 380
-
5 628
-
surtax
-
-
8 318
-
income
2 233
-
11 458
-
total
3 613
-
25 404
-
Employer
12 546
-
57 363
-
social contributions

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

3 022
-
12 326
-
surtax
-
-
6 310
-
total
3 022
-
18 636
-
Corporate
60 433
76 000
-
-
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%.

12 087
15 200
-
-
total
12 087
15 200
-
-
Dividends

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

48 346
60 800
-
-
total
-
-
-
-
Income
76 000
76 000
76 000
76 000
Total tax
18 722
15 200
44 040
49 742
After tax
57 278
60 800
31 960
26 258
Living cost
8 932
8 932
8 932
8 932
Free-cash
48 346
51 868
23 028
17 326

Estimated living cost  is ₴8932 per week

₴5698
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴851
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴203
Clothing and shoes. We estimate one pair of shoes and 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 Riga model

Close
Rotterdam , Netherlands
₴19646
₴17015
₴23947
₴29537
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
income
-
-
-
23 743
pensions
-
-
-
5 030
health
-
-
-
5 294
total
-
-
-
34 067
Employee
36 664
36 664
68 021
-
health
5 628
4 787
5 294
-
income

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

6 001
6 001
10 174
-
pensions
6 600
5 030
5 030
-
total
18 229
15 818
20 498
-
Employer
36 664
36 664
68 021
-
unemployment
1 320
1 320
1 640
-
pensions
2 552
2 552
3 172
-
health
2 549
2 549
3 167
-
total
6 421
6 421
7 979
-
Corporate
33 366
32 916
-
-
income
6 673
6 583
-
-
total
6 673
6 583
-
-
Dividends
26 693
26 333
-
-
income
5 672
5 596
-
-
withholding
4 004
3 950
-
-
total
9 676
9 546
-
-
Income
76 000
76 000
76 000
76 000
Total tax
40 999
38 368
28 477
34 067
After tax
35 001
37 632
47 523
41 933
Living cost
17 986
17 986
17 986
17 986
Free-cash
17 015
19 646
29 537
23 947

Estimated living cost  is ₴17986 per week

₴12746
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1621
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴286
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3332
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴24952
₴24582
₴22299
₴21898
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
municipal
-
-
-
19 531
accident
-
-
-
72
pensions
-
-
-
3 920
other
-
-
-
4 213
unemployment
-
-
-
36
health
-
-
-
2 263
national
-
-
-
7 122
total
-
-
-
37 157
Employee
23 574
-
64 607
-
municipal
7 030
-
19 266
-
national
-
-
6 900
-
total
7 030
-
26 166
-
Employer
23 574
-
64 607
-
accident
47
-
72
-
other
2 739
-
4 213
-
unemployment
622
-
957
-
pensions
2 548
-
3 920
-
health
1 450
-
2 230
-
total
7 406
-
11 392
-
Corporate
45 019
76 000
-
-
income
9 904
16 720
-
-
total
9 904
16 720
-
-
Dividends
35 114
59 280
-
-
withholding
10 534
17 784
-
-
total
10 534
17 784
-
-
Income
76 000
76 000
76 000
76 000
Total tax
34 874
34 504
37 558
37 157
After tax
41 126
41 496
38 442
38 843
Living cost
16 544
16 544
16 544
16 544
Free-cash
24 582
24 952
21 898
22 299

Estimated living cost  is ₴16544 per week

₴10965
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1623
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴251
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3705
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴21073
₴27105
₴22154
₴31372
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
76 000
trade
-
-
-
9 218
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.

-
-
-
23 534
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.

-
-
-
2 933
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.

-
-
-
1 295
total
-
-
-
36 980
Employee

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

21 773
-
76 000
-
health

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

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

2 933
-
2 933
-
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.

103
-
1 295
-
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.

1 871
-
23 534
-
total
4 907
-
27 762
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
54 227
76 000
-
-
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.

447
627
-
-
income
8 134
11 400
-
-
trade
8 921
12 502
-
-
chamber of commerce
143
174
-
-
total
17 645
24 703
-
-
Dividends
36 582
51 297
-
-
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.

494
697
-
-
withholding
8 983
12 661
-
-
total
9 477
13 358
-
-
Income
76 000
76 000
76 000
76 000
Total tax
32 029
38 061
27 762
36 980
After tax
43 971
37 939
48 238
39 020
Living cost
16 866
16 866
16 866
16 866
Free-cash
27 105
21 073
31 372
22 154

Estimated living cost  is ₴16866 per week

₴11280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1779
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.
₴3556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴41515
₴39735
₴38001
₴37333
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
income
-
-
-
15 188
health
-
-
-
1 938
social contributions
-
-
-
6 947
total
-
-
-
24 073
Employee
33 014
33 014
70 991
-
social contributions
1 604
2 740
3 696
-
health
328
561
1 207
-
income
3 467
3 056
14 829
-
total
5 399
6 357
19 732
-
Employer
33 014
33 014
70 991
-
social contributions
1 604
2 740
3 696
-
health
358
611
1 313
-
total
1 962
3 351
5 009
-
Corporate
54 713
39 635
-
-
income
6 839
4 955
-
-
total
6 839
4 955
-
-
Dividends
47 874
34 680
-
-
withholding
8 139
5 896
-
-
total
8 139
5 896
-
-
Income
76 000
76 000
76 000
76 000
Total tax
22 339
20 559
24 741
24 073
After tax
53 661
55 441
51 259
51 927
Living cost
13 926
13 926
13 926
13 926
Free-cash
39 735
41 515
37 333
38 001

Estimated living cost  is ₴13926 per week

₴9520
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1088
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.
₴3085
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴34915
₴35076
₴44872
₴36280
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
income
-
-
-
9 291
pensions
-
-
-
7 600
unemployment
-
-
-
1 140
health
-
-
-
5 320
total
-
-
-
23 351
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.

11 226
4 468
63 598
-
health
786
313
4 452
-
income
1 372
546
7 775
-
pensions
1 123
447
6 360
-
unemployment
168
67
954
-
total
3 449
1 373
19 541
-
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.

11 226
4 468
63 598
-
pensions
2 189
871
12 402
-
total
2 189
871
12 402
-
Corporate
62 585
70 661
-
-
income
5 633
6 359
-
-
total
5 633
6 359
-
-
Dividends
56 952
64 301
-
-
social contributions
11 055
12 488
-
-
withholding
10 821
12 217
-
-
total
21 876
24 705
-
-
Income
76 000
76 000
76 000
76 000
Total tax
33 147
33 308
31 943
23 351
After tax
42 853
42 692
44 057
52 649
Living cost
7 777
7 777
7 777
7 777
Free-cash
35 076
34 915
36 280
44 872

Estimated living cost  is ₴7777 per week

₴5307
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴636
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.
₴1678
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴50430
₴47762
₴30366
₴33436
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
income
-
-
-
10 184
pensions
-
-
-
15 200
health
-
-
-
9 880
total
-
-
-
35 264
Employee
12 180
-
56 800
-
income
1 371
-
10 951
-
pensions
244
-
1 136
-
unemployment
195
-
908
-
total
1 810
-
12 995
-
Employer
12 180
-
56 800
-
unemployment
98
-
455
-
pensions
2 436
-
11 360
-
health
1 583
-
7 384
-
total
4 117
-
19 199
-
Corporate
59 703
76 000
-
-
income
11 941
15 200
-
-
total
11 941
15 200
-
-
Dividends
47 762
60 800
-
-
total
-
-
-
-
Income
76 000
76 000
76 000
76 000
Total tax
17 868
15 200
32 194
35 264
After tax
58 132
60 800
43 806
40 736
Living cost
10 370
10 370
10 370
10 370
Free-cash
47 762
50 430
33 436
30 366

Estimated living cost  is ₴10370 per week

₴7113
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴618
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴209
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2431
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₴3222
₴4717
₴42571
₴31936
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
accident
-
-
-
108
income
-
-
-
21 081
pensions
-
-
-
1 774
other
-
-
-
158
health
-
-
-
930
total
-
-
-
24 051
Employee
14 752
-
68 482
-
health
1 689
-
7 841
-
income
2 024
-
16 075
-
pensions
1 661
-
3 252
-
total
5 374
-
27 168
-
Employer
14 752
-
68 482
-
accident
246
-
1 144
-
unemployment
361
-
1 678
-
pensions
2 399
-
4 696
-
total
3 006
-
7 518
-
Corporate
58 242
76 000
-
-
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.

52 418
68 400
-
-
total
52 418
68 400
-
-
Dividends
5 824
7 600
-
-
withholding
1 107
1 444
-
-
total
1 107
1 444
-
-
Income
76 000
76 000
76 000
76 000
Total tax
61 905
69 844
34 686
24 051
After tax
14 095
6 156
41 314
51 949
Living cost
9 378
9 378
9 378
9 378
Free-cash
4 717
-3 222
31 936
42 571

Estimated living cost  is ₴9378 per week

₴6873
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴520
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.
₴1790
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴68287
₴67553
₴71327
₴56887
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
76 000
microenterprise

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

-
-
-
760
total
-
-
-
760
Employee
4 892
-
76 000
-
income
978
-
15 200
-
total
978
-
15 200
-
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%.

71 108
76 000
-
-
total
-
-
-
-
Dividends
71 108
76 000
-
-
withholding
3 556
3 800
-
-
total
3 556
3 800
-
-
Income
76 000
76 000
76 000
76 000
Total tax
4 534
3 800
15 200
760
After tax
71 466
72 200
60 800
75 240
Living cost
3 913
3 913
3 913
3 913
Free-cash
67 553
68 287
56 887
71 327

Estimated living cost  is ₴3913 per week

₴2425
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴325
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴108
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1055
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴44398
₴41497
₴31145
₴31623
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
income
-
-
-
11 772
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.

-
-
-
15 669
other
-
-
-
3 101
health
-
-
-
2 873
total
-
-
-
33 415
Employee
15 589
-
60 703
-
health
218
-
850
-
income
2 684
-
11 933
-
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.

1 091
-
4 249
-
unemployment
156
-
607
-
total
4 149
-
17 639
-
Employer
15 589
-
60 703
-
accident
125
-
486
-
other
780
-
3 035
-
unemployment
156
-
607
-
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.

2 650
-
10 320
-
health
218
-
850
-
total
3 929
-
15 298
-
Corporate
56 482
76 000
-
-
income
11 861
15 960
-
-
total
11 861
15 960
-
-
Dividends
44 621
60 040
-
-
withholding
3 124
4 202
-
-
total
3 124
4 202
-
-
Income
76 000
76 000
76 000
76 000
Total tax
23 063
20 162
32 937
33 415
After tax
52 937
55 838
43 063
42 585
Living cost
11 440
11 440
11 440
11 440
Free-cash
41 497
44 398
31 623
31 145

Estimated living cost  is ₴11440 per week

₴8083
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴772
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴184
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2400
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴20856
₴22099
₴21501
₴14620
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
income
-
-
-
21 706
pensions
-
-
-
3 886
total
-
-
-
25 592
Employee
40 899
-
66 391
-
health
674
-
964
-
income
7 373
-
17 120
-
pensions
3 946
-
4 781
-
total
11 993
-
22 865
-
Employer
40 899
-
66 391
-
pensions
4 829
-
8 347
-
health
777
-
1 261
-
total
5 606
-
9 608
-
Corporate
29 495
76 000
-
-
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.

5 604
14 440
-
-
total
5 604
14 440
-
-
Dividends
23 891
61 560
-
-
withholding
1 791
11 797
-
-
total
1 791
11 797
-
-
Income
76 000
76 000
76 000
76 000
Total tax
24 994
26 237
32 473
25 592
After tax
51 006
49 763
43 527
50 408
Living cost
28 907
28 907
28 907
28 907
Free-cash
22 099
20 856
14 620
21 501

Estimated living cost  is ₴28907 per week

₴21661
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3396
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴235
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3615
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴59350
₴57356
₴54966
₴57949
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
income
-
-
-
11 400
pensions

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

-
-
-
2 220
unemployment
-
-
-
60
health
-
-
-
1 725
total
-
-
-
15 405
Employee
7 454
-
73 058
-
health
343
-
690
-
accident

We are using the highest rate at 1.1%.

82
-
165
-
income
745
-
7 306
-
pensions

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

654
-
1 317
-
total
1 824
-
9 478
-
Employer
7 454
-
73 058
-
accident

We are using the highest rate at 1.1%.

82
-
165
-
unemployment
45
-
90
-
pensions

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

822
-
1 653
-
health
515
-
1 035
-
total
1 464
-
2 943
-
Corporate
67 083
76 000
-
-
income
6 708
7 600
-
-
total
6 708
7 600
-
-
Dividends
60 375
68 400
-
-
withholding
3 019
3 420
-
-
total
3 019
3 420
-
-
Income
76 000
76 000
76 000
76 000
Total tax
13 015
11 020
12 421
15 405
After tax
62 985
64 980
63 579
60 595
Living cost
5 630
5 630
5 630
5 630
Free-cash
57 356
59 350
57 949
54 966

Estimated living cost  is ₴5630 per week

₴3287
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴402
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴149
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1792
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴13824
₴14906
₴18125
₴23715
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
income
-
-
-
23 743
pensions
-
-
-
5 030
health
-
-
-
5 294
total
-
-
-
34 067
Employee
39 805
36 664
68 021
-
health
4 966
4 787
5 294
-
income

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

6 001
6 001
10 174
-
pensions
5 030
5 030
5 030
-
total
15 997
15 818
20 498
-
Employer
39 805
36 664
68 021
-
unemployment
1 433
1 320
1 640
-
pensions
2 770
2 552
3 172
-
health
2 766
2 549
3 167
-
total
6 969
6 421
7 979
-
Corporate
29 225
32 916
-
-
income
5 845
6 583
-
-
total
5 845
6 583
-
-
Dividends
23 380
26 333
-
-
income
4 968
5 596
-
-
withholding
3 507
3 950
-
-
total
8 475
9 546
-
-
Income
76 000
76 000
76 000
76 000
Total tax
37 286
38 368
28 477
34 067
After tax
38 714
37 632
47 523
41 933
Living cost
23 808
23 808
23 808
23 808
Free-cash
14 906
13 824
23 715
18 125

Estimated living cost  is ₴23808 per week

₴17562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2127
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴273
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3846
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴42069
₴38410
₴33046
₴29690
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
income
-
-
-
7 647
health
-
-
-
10 260
solidarity contribution
-
-
-
30
social contributions
-
-
-
14 760
total
-
-
-
32 697
Employee
15 084
-
58 131
-
social contributions
980
-
3 286
-
health
2 036
-
7 848
-
solidarity contribution
-
-
-
-
income
1 810
-
7 050
-
total
4 826
-
18 184
-
Employer
15 084
-
58 131
-
social contributions
3 771
-
12 637
-
health
1 358
-
5 232
-
total
5 129
-
17 869
-
Corporate
55 787
76 000
-
-
income
10 600
14 440
-
-
total
10 600
14 440
-
-
Dividends
45 188
61 560
-
-
withholding
6 778
9 234
-
-
total
6 778
9 234
-
-
Income
76 000
76 000
76 000
76 000
Total tax
27 333
23 674
36 053
32 697
After tax
48 667
52 326
39 947
43 303
Living cost
10 257
10 257
10 257
10 257
Free-cash
38 410
42 069
29 690
33 046

Estimated living cost  is ₴10257 per week

₴7125
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴730
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.
₴2201
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴22432
₴20190
₴18184
₴14750
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
municipal
-
-
-
451
regional
-
-
-
897
national
-
-
-
18 803
social contributions
-
-
-
19 548
total
-
-
-
39 699
Employee
38 157
-
76 000
-
social contributions
12 867
-
25 627
-
regional
360
-
792
-
municipal
202
-
403
-
national
6 612
-
16 311
-
total
20 041
-
43 133
-
Employer
38 157
-
76 000
-
total
-
-
-
-
Corporate
37 843
76 000
-
-
nationa
9 082
18 240
-
-
municipal
1 476
2 964
-
-
total
10 558
21 204
-
-
Dividends
27 285
54 796
-
-
withholding
7 094
14 247
-
-
total
7 094
14 247
-
-
Income
76 000
76 000
76 000
76 000
Total tax
37 693
35 451
43 133
39 699
After tax
38 307
40 549
32 867
36 301
Living cost
18 117
18 117
18 117
18 117
Free-cash
20 190
22 432
14 750
18 184

Estimated living cost  is ₴18117 per week

₴12629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1188
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴278
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴38330
₴36993
₴26486
₴23861
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
income
-
-
-
21 139
pensions
-
-
-
11 460
other
-
-
-
-
unemployment
-
-
-
98
health
-
-
-
4 068
surtax
-
-
-
3 275
total
-
-
-
40 040
Employee
14 198
-
63 938
-
other
-
-
-
-
health
363
-
1 461
-
surtax
46
-
2 762
-
income
2 380
-
18 571
-
pensions
947
-
3 822
-
unemployment
988
-
3 988
-
total
4 724
-
30 604
-
Employer
14 198
-
63 938
-
other
-
-
-
-
unemployment
450
-
1 816
-
pensions
1 893
-
7 638
-
health
646
-
2 607
-
total
2 989
-
12 061
-
Corporate
58 813
76 000
-
-
income
15 291
19 760
-
-
total
15 291
19 760
-
-
Dividends
43 522
56 240
-
-
withholding
6 529
8 436
-
-
total
6 529
8 436
-
-
Income
76 000
76 000
76 000
76 000
Total tax
29 533
28 196
42 665
40 040
After tax
46 467
47 804
33 335
35 960
Living cost
9 474
9 474
9 474
9 474
Free-cash
36 993
38 330
23 861
26 486

Estimated living cost  is ₴9474 per week

₴5793
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴2588
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴30014
₴32870
₴30659
₴23778
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
income
-
-
-
21 706
pensions
-
-
-
3 886
total
-
-
-
25 592
Employee
27 410
-
66 391
-
health
398
-
964
-
income
4 937
-
17 120
-
pensions
2 326
-
4 781
-
total
7 661
-
22 865
-
Employer
27 410
-
66 391
-
pensions
2 967
-
8 347
-
health
521
-
1 261
-
total
3 488
-
9 608
-
Corporate
45 103
76 000
-
-
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.

8 569
14 440
-
-
total
8 569
14 440
-
-
Dividends
36 534
61 560
-
-
withholding
3 663
11 797
-
-
total
3 663
11 797
-
-
Income
76 000
76 000
76 000
76 000
Total tax
23 381
26 237
32 473
25 592
After tax
52 619
49 763
43 527
50 408
Living cost
19 749
19 749
19 749
19 749
Free-cash
32 870
30 014
23 778
30 659

Estimated living cost  is ₴19749 per week

₴14795
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1480
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.
₴3266
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴1956
₴15987
₴28633
₴25185
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
city
-
-
-
801
pensions
-
-
-
6 992
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.

-
-
-
1 520
regional
-
-
-
3 781
health
-
-
-
171
national
-
-
-
1 305
total
-
-
-
14 570
Employee
38 381
-
68 025
-
city
412
-
731
-
regional
1 257
-
3 250
-
health
87
-
153
-
pensions
3 225
-
5 714
-
unemployment
-
-
-
-
national
182
-
943
-
total
5 163
-
10 791
-
Employer
38 381
-
68 025
-
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.

767
-
1 360
-
unemployment
-
-
-
-
pensions
3 225
-
5 714
-
health
87
-
153
-
total
4 079
-
7 227
-
Corporate
33 118
76 000
-
-
regional
7 004
16 074
-
-
national
2 815
6 460
-
-
total
9 819
22 534
-
-
Dividends
23 299
53 466
-
-
withholding
8 155
18 713
-
-
total
8 155
18 713
-
-
Income
76 000
76 000
76 000
76 000
Total tax
27 216
41 247
18 018
14 570
After tax
48 784
34 753
57 982
61 430
Living cost
32 797
32 797
32 797
32 797
Free-cash
15 987
1 956
25 185
28 633

Estimated living cost  is ₴32797 per week

₴21327
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴403
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴8124
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴17882
₴24843
₴18959
₴28570
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
76 000
trade
-
-
-
9 611
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.

-
-
-
23 534
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.

-
-
-
2 933
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.

-
-
-
1 295
total
-
-
-
37 373
Employee

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

25 803
-
76 000
-
health

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

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

2 933
-
2 933
-
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.

167
-
1 295
-
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.

3 034
-
23 534
-
total
6 134
-
27 762
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
50 197
76 000
-
-
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.

414
627
-
-
income
7 530
11 400
-
-
trade
8 609
13 034
-
-
chamber of commerce
136
172
-
-
total
16 689
25 233
-
-
Dividends
33 509
50 767
-
-
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.

452
689
-
-
withholding
8 214
12 528
-
-
total
8 666
13 217
-
-
Income
76 000
76 000
76 000
76 000
Total tax
31 489
38 450
27 762
37 373
After tax
44 511
37 550
48 238
38 627
Living cost
19 668
19 668
19 668
19 668
Free-cash
24 843
17 882
28 570
18 959

Estimated living cost  is ₴19668 per week

₴14365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1573
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.
₴3475
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴23615
₴26152
₴28132
₴27025
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
income
-
-
-
11 915
pensions
-
-
-
13 516
other
-
-
-
2 356
health
-
-
-
3 226
surtax
-
-
-
-
social contributions
-
-
-
2 166
total
-
-
-
33 179
Employee
18 375
-
58 871
-
social contributions
524
-
1 678
-
surtax
-
-
-
-
income
1 084
-
11 405
-
pensions
2 078
-
4 073
-
total
3 686
-
17 156
-
Employer
18 375
-
58 871
-
other
634
-
2 287
-
social contributions
55
-
177
-
unemployment
744
-
2 384
-
pensions
3 019
-
6 860
-
health
1 286
-
5 422
-
total
5 738
-
17 130
-
Corporate
51 887
76 000
-
-
surtax
-
-
-
-
income
14 528
21 280
-
-
total
14 528
21 280
-
-
Dividends
37 359
54 720
-
-
surtax
-
-
-
-
social contributions
6 425
9 412
-
-
withholding
4 782
7 004
-
-
total
11 207
16 416
-
-
Income
76 000
76 000
76 000
76 000
Total tax
35 159
37 696
34 286
33 179
After tax
40 841
38 304
41 714
42 821
Living cost
14 689
14 689
14 689
14 689
Free-cash
26 152
23 615
27 025
28 132

Estimated living cost  is ₴14689 per week

₴9262
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1194
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.
₴3983
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴25070
₴27454
₴29587
₴28480
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
income
-
-
-
11 915
pensions
-
-
-
13 516
other
-
-
-
2 356
health
-
-
-
3 226
surtax
-
-
-
-
social contributions
-
-
-
2 166
total
-
-
-
33 179
Employee
16 402
-
58 871
-
social contributions
468
-
1 678
-
surtax
-
-
-
-
income
846
-
11 405
-
pensions
1 855
-
4 073
-
total
3 169
-
17 156
-
Employer
16 402
-
58 871
-
other
566
-
2 287
-
social contributions
49
-
177
-
unemployment
664
-
2 384
-
pensions
2 695
-
6 860
-
health
1 148
-
5 422
-
total
5 122
-
17 130
-
Corporate
54 475
76 000
-
-
surtax
-
-
-
-
income
15 253
21 280
-
-
total
15 253
21 280
-
-
Dividends
39 222
54 720
-
-
surtax
-
-
-
-
social contributions
6 747
9 412
-
-
withholding
5 021
7 004
-
-
total
11 768
16 416
-
-
Income
76 000
76 000
76 000
76 000
Total tax
35 312
37 696
34 286
33 179
After tax
40 688
38 304
41 714
42 821
Living cost
13 234
13 234
13 234
13 234
Free-cash
27 454
25 070
28 480
29 587

Estimated living cost  is ₴13234 per week

₴7675
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1344
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴251
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴37263
₴37486
₴39703
₴38125
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
income
-
-
-
11 400
health
-
-
-
5 305
social contributions
-
-
-
10 488
total
-
-
-
27 193
Employee
14 557
-
76 000
-
social contributions
2 009
-
10 488
-
health
1 016
-
5 305
-
income
2 428
-
12 978
-
total
5 453
-
28 771
-
Employer
14 557
-
76 000
-
total
-
-
-
-
Corporate
61 443
76 000
-
-
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%.

3 072
3 800
-
-
total
3 072
3 800
-
-
Dividends
58 370
72 200
-
-
health
4 075
5 039
-
-
social contributions
8 055
9 964
-
-
withholding
8 755
10 830
-
-
total
20 885
25 833
-
-
Income
76 000
76 000
76 000
76 000
Total tax
29 410
29 633
28 771
27 193
After tax
46 590
46 367
47 229
48 807
Living cost
9 104
9 104
9 104
9 104
Free-cash
37 486
37 263
38 125
39 703

Estimated living cost  is ₴9104 per week

₴6093
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴209
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴26921
₴26253
₴23880
₴5012
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
chamber of commerce
-
-
-
304
income
-
-
-
20 854
pensions
-
-
-
9 279
unemployment
-
-
-
2 633
health
-
-
-
3 837
surtax
-
-
-
85
total
-
-
-
36 992
Employee
21 456
17 110
60 710
-
other
214
171
502
-
health
830
662
1 941
-
income
2 443
1 262
16 715
-
pensions
2 197
1 752
5 136
-
unemployment
644
513
1 505
-
total
6 328
4 360
25 799
-
Employer
21 456
17 110
60 710
-
accident
279
222
652
-
other
1 019
812
2 794
-
chamber of commerce
86
68
243
-
unemployment
644
513
1 505
-
surtax
85
85
85
-
pensions
2 693
2 148
6 295
-
payroll
644
513
1 821
-
health
811
647
1 896
-
total
6 261
5 008
15 291
-
Corporate
48 285
53 881
59 081
-
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.

12 071
13 470
14 770
-
total
12 071
13 470
14 770
-
Dividends
36 213
40 411
-
-
withholding
9 959
11 113
-
-
total
9 959
11 113
-
-
Income
76 000
76 000
76 000
76 000
Total tax
34 619
33 951
55 860
36 992
After tax
41 381
42 049
20 140
39 008
Living cost
15 128
15 128
15 128
15 128
Free-cash
26 253
26 921
5 012
23 880

Estimated living cost  is ₴15128 per week

₴10090
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1291
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.
₴3499
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴26850
₴20411
₴17297
₴11084
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
national
-
-
-
28 427
communal

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

-
-
-
3 918
social contributions
-
-
-
10 704
total
-
-
-
43 049
Employee

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

30 711
-
58 864
-
communal

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

1 602
-
3 070
-
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.

1 443
-
2 767
-
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.

2 303
-
4 415
-
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.

267
-
512
-
national
9 442
-
21 364
-
total
15 057
-
32 128
-
Employer

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

30 711
-
58 864
-
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.

399
-
765
-
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.

448
-
860
-
surtax
3 482
-
6 674
-
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.

2 721
-
5 215
-
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.

1 889
-
3 620
-
total
8 939
-
17 134
-
Corporate
36 350
76 000
-
-
surtax
145
304
-
-
income
7 270
15 200
-
-
total
7 415
15 504
-
-
Dividends
28 935
60 496
-
-
withholding

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

8 524
17 992
-
-
total
8 524
17 992
-
-
Income
76 000
76 000
76 000
76 000
Total tax
39 935
33 496
49 262
43 049
After tax
36 065
42 504
26 738
32 951
Living cost
15 654
15 654
15 654
15 654
Free-cash
20 411
26 850
11 084
17 297

Estimated living cost  is ₴15654 per week

₴10083
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1369
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.
₴3957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴35150
₴32206
₴27141
₴25339
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
accident
-
-
-
358
income
-
-
-
21 415
pensions
-
-
-
11 262
other
-
-
-
40
unemployment
-
-
-
279
total
-
-
-
33 354
Employee
21 371
-
63 313
-
other
21
-
40
-
income
4 509
-
19 941
-
pensions
1 005
-
1 871
-
unemployment
332
-
617
-
total
5 867
-
22 469
-
Employer
21 371
-
63 313
-
accident
423
-
788
-
other
170
-
319
-
unemployment
1 176
-
2 188
-
pensions
5 043
-
9 392
-
total
6 812
-
12 687
-
Corporate
47 816
76 000
-
-
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.

7 172
11 400
-
-
total
7 172
11 400
-
-
Dividends
40 644
64 600
-
-
withholding
8 438
13 945
-
-
total
8 438
13 945
-
-
Income
76 000
76 000
76 000
76 000
Total tax
28 289
25 345
35 156
33 354
After tax
47 711
50 655
40 844
42 646
Living cost
15 505
15 505
15 505
15 505
Free-cash
32 206
35 150
25 339
27 141

Estimated living cost  is ₴15505 per week

₴11418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1100
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.
₴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 Barcelona model

Close
Luxembourg , Luxembourg
₴21101
₴15607
₴14202
₴17232
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
accident
-
-
-
640
income
-
-
-
12 524
pensions
-
-
-
11 392
health
-
-
-
5 340
surtax
-
-
-
3 767
communal
-
-
-
4 803
total
-
-
-
38 466
Employee
32 514
-
67 888
-
health
1 447
-
3 021
-
surtax
1 993
-
4 160
-
income
3 140
-
14 712
-
pensions
2 601
-
5 431
-
total
9 181
-
27 324
-
Employer
32 514
-
67 888
-
accident
292
-
611
-
pensions
2 601
-
5 431
-
health
992
-
2 070
-
total
3 885
-
8 112
-
Corporate
39 602
76 000
-
-
surtax
416
798
-
-
communal
2 673
5 130
-
-
income
5 940
11 400
-
-
total
9 029
17 328
-
-
Dividends
30 573
58 673
-
-
income
10 380
5 438
-
-
withholding
4 586
8 801
-
-
total
14 966
14 239
-
-
Income
76 000
76 000
76 000
76 000
Total tax
37 061
31 567
35 436
38 466
After tax
38 939
44 433
40 564
37 534
Living cost
23 332
23 332
23 332
23 332
Free-cash
15 607
21 101
17 232
14 202

Estimated living cost  is ₴23332 per week

₴17503
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1414
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴247
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴38161
₴36794
₴26317
₴23692
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
income
-
-
-
21 139
pensions
-
-
-
11 460
other
-
-
-
-
unemployment
-
-
-
98
health
-
-
-
4 068
surtax
-
-
-
3 275
total
-
-
-
40 040
Employee
14 459
-
63 938
-
other
-
-
-
-
health
369
-
1 461
-
surtax
51
-
2 762
-
income
2 424
-
18 571
-
pensions
965
-
3 822
-
unemployment
1 006
-
3 988
-
total
4 815
-
30 604
-
Employer
14 459
-
63 938
-
other
-
-
-
-
unemployment
459
-
1 816
-
pensions
1 928
-
7 638
-
health
658
-
2 607
-
total
3 045
-
12 061
-
Corporate
58 497
76 000
-
-
income
15 209
19 760
-
-
total
15 209
19 760
-
-
Dividends
43 288
56 240
-
-
withholding
6 494
8 436
-
-
total
6 494
8 436
-
-
Income
76 000
76 000
76 000
76 000
Total tax
29 563
28 196
42 665
40 040
After tax
46 437
47 804
33 335
35 960
Living cost
9 643
9 643
9 643
9 643
Free-cash
36 794
38 161
23 692
26 317

Estimated living cost  is ₴9643 per week

₴5822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴838
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2760
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴28382
₴27430
₴24487
₴21071
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
municipal
-
-
-
451
regional
-
-
-
1 146
national
-
-
-
18 803
social contributions
-
-
-
19 548
total
-
-
-
39 948
Employee
23 816
-
76 000
-
social contributions
8 031
-
25 627
-
regional
321
-
1 023
-
municipal
126
-
403
-
national
3 773
-
16 311
-
total
12 251
-
43 364
-
Employer
23 816
-
76 000
-
total
-
-
-
-
Corporate
52 184
76 000
-
-
nationa
12 524
18 240
-
-
municipal
2 593
3 777
-
-
total
15 117
22 017
-
-
Dividends
37 066
53 983
-
-
withholding
9 637
14 036
-
-
total
9 637
14 036
-
-
Income
76 000
76 000
76 000
76 000
Total tax
37 005
36 053
43 364
39 948
After tax
38 995
39 947
32 636
36 052
Living cost
11 565
11 565
11 565
11 565
Free-cash
27 430
28 382
21 071
24 487

Estimated living cost  is ₴11565 per week

₴7193
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1172
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴198
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3003
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴39686
₴35177
₴30663
₴27307
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
income
-
-
-
7 647
health
-
-
-
10 260
solidarity contribution
-
-
-
30
social contributions
-
-
-
14 760
total
-
-
-
32 697
Employee
18 588
-
58 131
-
social contributions
1 208
-
3 286
-
health
2 509
-
7 848
-
solidarity contribution
-
-
-
-
income
2 230
-
7 050
-
total
5 947
-
18 184
-
Employer
18 588
-
58 131
-
social contributions
4 647
-
12 637
-
health
1 673
-
5 232
-
total
6 320
-
17 869
-
Corporate
51 093
76 000
-
-
income
9 708
14 440
-
-
total
9 708
14 440
-
-
Dividends
41 385
61 560
-
-
withholding
6 208
9 234
-
-
total
6 208
9 234
-
-
Income
76 000
76 000
76 000
76 000
Total tax
28 183
23 674
36 053
32 697
After tax
47 817
52 326
39 947
43 303
Living cost
12 640
12 640
12 640
12 640
Free-cash
35 177
39 686
27 307
30 663

Estimated living cost  is ₴12640 per week

₴9400
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴700
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴219
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2321
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴28398
₴28184
₴25396
₴6465
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
chamber of commerce
-
-
-
304
income
-
-
-
20 854
pensions
-
-
-
9 279
unemployment
-
-
-
2 633
health
-
-
-
3 837
surtax
-
-
-
-
total
-
-
-
36 907
Employee
18 768
17 110
60 789
-
other
187
171
502
-
health
726
662
1 941
-
income
1 672
1 262
16 753
-
pensions
1 922
1 752
5 136
-
unemployment
563
513
1 505
-
total
5 070
4 360
25 837
-
Employer
18 768
17 110
60 789
-
accident
244
222
652
-
other
891
812
2 797
-
chamber of commerce
75
68
243
-
unemployment
563
513
1 505
-
surtax
-
-
-
-
pensions
2 355
2 148
6 295
-
payroll
563
513
1 823
-
health
710
647
1 896
-
total
5 401
4 923
15 211
-
Corporate
51 831
53 966
59 160
-
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.

12 958
13 492
14 790
-
total
12 958
13 492
14 790
-
Dividends
38 873
40 474
-
-
withholding
10 690
11 130
-
-
total
10 690
11 130
-
-
Income
76 000
76 000
76 000
76 000
Total tax
34 119
33 905
55 838
36 907
After tax
41 881
42 095
20 162
39 093
Living cost
13 697
13 697
13 697
13 697
Free-cash
28 184
28 398
6 465
25 396

Estimated living cost  is ₴13697 per week

₴8217
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1399
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴244
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3837
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴66102
₴64958
₴69142
₴54702
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
76 000
microenterprise

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

-
-
-
760
total
-
-
-
760
Employee
7 623
-
76 000
-
income
1 525
-
15 200
-
total
1 525
-
15 200
-
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%.

68 377
76 000
-
-
total
-
-
-
-
Dividends
68 377
76 000
-
-
withholding
3 419
3 800
-
-
total
3 419
3 800
-
-
Income
76 000
76 000
76 000
76 000
Total tax
4 944
3 800
15 200
760
After tax
71 056
72 200
60 800
75 240
Living cost
6 098
6 098
6 098
6 098
Free-cash
64 958
66 102
54 702
69 142

Estimated living cost  is ₴6098 per week

₴4127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴256
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.
₴1511
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴40810
₴37219
₴25584
₴23570
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
76 000
income
-
-
-
17 428
pensions
-
-
-
13 879
unemployment
-
-
-
114
health
-
-
-
7 479
total
-
-
-
38 900
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.

18 986
-
65 761
-
health
1 226
-
4 248
-
income
3 274
-
16 142
-
pensions
2 943
-
10 193
-
unemployment
27
-
92
-
total
7 470
-
30 675
-
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.

18 986
-
65 761
-
unemployment
11
-
39
-
pensions
1 680
-
5 820
-
health
1 264
-
4 380
-
total
2 955
-
10 239
-
Corporate
54 059
76 000
-
-
income
10 271
14 440
-
-
total
10 271
14 440
-
-
Dividends
43 788
61 560
-
-
withholding
6 569
9 234
-
-
total
6 569
9 234
-
-
Income
76 000
76 000
76 000
76 000
Total tax
27 265
23 674
40 914
38 900
After tax
48 735
52 326
35 086
37 100
Living cost
11 516
11 516
11 516
11 516
Free-cash
37 219
40 810
23 570
25 584

Estimated living cost  is ₴11516 per week

₴7903
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴738
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.
₴2652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴27687
₴7238
₴33971
₴51793
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
income
-
-
-
14 814
social contributions
-
-
-
8 664
total
-
-
-
23 478
Employee
26 599
-
-
-
social contributions
2 181
-
311
-
income
5 867
-
-
-
total
8 048
-
311
-
Employer
26 599
-
-
-
social contributions
37 505
-
5 345
-
total
37 505
-
5 345
-
Corporate
11 896
76 000
-
-
income
2 617
16 720
-
-
total
2 617
16 720
-
-
Dividends
9 279
59 280
-
-
income
2 041
13 042
-
-
total
2 041
13 042
-
-
Income
76 000
76 000
76 000
76 000
Total tax
50 211
29 762
5 656
23 478
After tax
25 789
46 238
70 344
52 522
Living cost
18 551
18 551
18 551
18 551
Free-cash
7 238
27 687
51 793
33 971

Estimated living cost  is ₴18551 per week

₴12036
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴236
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4533
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴29762
₴29330
₴27211
₴21448
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
76 000
income
-
-
-
8 912
surtax
-
-
-
-
social contributions

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

-
-
-
26 410
total
-
-
-
35 322
Employee
19 746
-
61 414
-
social contributions
2 172
-
6 756
-
surtax
-
-
-
-
income
4 107
-
19 743
-
total
6 279
-
26 499
-
Employer
19 746
-
61 414
-
social contributions
4 690
-
14 586
-
total
4 690
-
14 586
-
Corporate
51 564
76 000
-
-
surtax
-
-
-
-
income
10 828
15 960
-
-
total
10 828
15 960
-
-
Dividends
40 736
60 040
-
-
withholding
11 406
16 811
-
-
total
11 406
16 811
-
-
Income
76 000
76 000
76 000
76 000
Total tax
33 203
32 771
41 085
35 322
After tax
42 797
43 229
34 915
40 678
Living cost
13 467
13 467
13 467
13 467
Free-cash
29 330
29 762
21 448
27 211

Estimated living cost  is ₴13467 per week

₴10076
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴794
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴225
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2372
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴17567
₴20519
₴22084
₴20977
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
income
-
-
-
11 915
pensions
-
-
-
13 516
other
-
-
-
2 356
health
-
-
-
3 226
surtax
-
-
-
-
social contributions
-
-
-
2 166
total
-
-
-
33 179
Employee
26 890
-
58 871
-
social contributions
766
-
1 678
-
surtax
-
-
-
-
income
2 346
-
11 405
-
pensions
3 041
-
4 073
-
total
6 153
-
17 156
-
Employer
26 890
-
58 871
-
other
928
-
2 287
-
social contributions
81
-
177
-
unemployment
1 089
-
2 384
-
pensions
4 418
-
6 860
-
health
1 882
-
5 422
-
total
8 398
-
17 130
-
Corporate
40 711
76 000
-
-
surtax
-
-
-
-
income
11 399
21 280
-
-
total
11 399
21 280
-
-
Dividends
29 312
54 720
-
-
surtax
-
-
-
-
social contributions
5 042
9 412
-
-
withholding
3 752
7 004
-
-
total
8 794
16 416
-
-
Income
76 000
76 000
76 000
76 000
Total tax
34 744
37 696
34 286
33 179
After tax
41 256
38 304
41 714
42 821
Living cost
20 737
20 737
20 737
20 737
Free-cash
20 519
17 567
20 977
22 084

Estimated living cost  is ₴20737 per week

₴14034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1696
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.
₴4721
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴55494
₴54051
₴43053
₴45073
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
income
-
-
-
3 321
social contributions
-
-
-
16 720
total
-
-
-
20 041
Employee
13 803
-
65 801
-
income
-
-
3 545
-
social contributions
897
-
4 277
-
total
897
-
7 822
-
Employer
13 803
-
65 801
-
social contributions
2 140
-
10 199
-
total
2 140
-
10 199
-
Corporate
60 058
76 000
-
-
income
6 006
7 600
-
-
total
6 006
7 600
-
-
Dividends
54 052
68 400
-
-
total
-
-
-
-
Income
76 000
76 000
76 000
76 000
Total tax
9 043
7 600
18 021
20 041
After tax
66 957
68 400
57 979
55 959
Living cost
12 906
12 906
12 906
12 906
Free-cash
54 051
55 494
45 073
43 053

Estimated living cost  is ₴12906 per week

₴8345
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴973
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.
₴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 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
-₴17533
-₴17533
₴24127
-₴17533
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
municipal
-
-
-
15 842
pensions
-
-
-
372
national
-
-
-
8 934
labour market
-
-
-
6 050
total
-
-
-
31 198
Employee
87 264
87 264
87 264
-
labour market
6 971
6 971
6 971
-
national
10 661
10 661
10 661
-
municipal
18 582
18 582
18 582
-
pensions
124
124
124
-
total
36 338
36 338
36 338
-
Employer
87 264
87 264
87 264
-
labour market
6 981
6 981
6 981
-
municipal
18 612
18 612
18 612
-
pensions
248
248
248
-
national
10 679
10 679
10 679
-
total
36 520
36 520
36 520
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
76 000
76 000
76 000
76 000
Total tax
72 858
72 858
72 858
31 198
After tax
3 142
3 142
3 142
44 802
Living cost
20 675
20 675
20 675
20 675
Free-cash
-17 533
-17 533
-17 533
24 127

Estimated living cost  is ₴20675 per week

₴14150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1829
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴318
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4378
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₴3083
₴4739
₴42710
₴32075
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
accident
-
-
-
108
income
-
-
-
21 081
pensions
-
-
-
1 774
other
-
-
-
158
health
-
-
-
930
total
-
-
-
24 051
Employee
14 534
-
68 482
-
health
1 664
-
7 841
-
income
1 994
-
16 075
-
pensions
1 637
-
3 252
-
total
5 295
-
27 168
-
Employer
14 534
-
68 482
-
accident
243
-
1 144
-
unemployment
356
-
1 678
-
pensions
2 363
-
4 696
-
total
2 962
-
7 518
-
Corporate
58 504
76 000
-
-
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.

52 653
68 400
-
-
total
52 653
68 400
-
-
Dividends
5 850
7 600
-
-
withholding
1 112
1 444
-
-
total
1 112
1 444
-
-
Income
76 000
76 000
76 000
76 000
Total tax
62 022
69 844
34 686
24 051
After tax
13 978
6 156
41 314
51 949
Living cost
9 239
9 239
9 239
9 239
Free-cash
4 739
-3 083
32 075
42 710

Estimated living cost  is ₴9239 per week

₴6725
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴527
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴173
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1814
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴31116
₴32203
₴32481
₴23359
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
76 000
municipal
-
-
-
13 501
health
-
-
-
992
national
-
-
-
12 542
total
-
-
-
27 035
Employee
22 588
-
63 936
-
health
169
-
806
-
municipal
3 700
-
10 414
-
pensions
1 524
-
4 316
-
unemployment
339
-
959
-
national
373
-
7 597
-
total
6 105
-
24 092
-
Employer
22 588
-
63 936
-
accident
23
-
64
-
unemployment
147
-
416
-
pensions
3 919
-
11 093
-
health
174
-
492
-
total
4 263
-
12 065
-
Corporate
49 150
76 000
-
-
income
9 830
15 200
-
-
total
9 830
15 200
-
-
Dividends

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

29 490
45 600
-
-
national
1 807
4 992
-
-
municipal
5 308
8 208
-
-
total
7 115
13 200
-
-
Income
76 000
76 000
76 000
76 000
Total tax
27 313
28 400
36 157
27 035
After tax
48 687
47 600
39 843
48 965
Living cost
16 484
16 484
16 484
16 484
Free-cash
32 203
31 116
23 359
32 481

Estimated living cost  is ₴16484 per week

₴10767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1586
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴262
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3869
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴45501
₴43164
₴41987
₴41319
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
income
-
-
-
15 188
health
-
-
-
1 938
social contributions
-
-
-
6 947
total
-
-
-
24 073
Employee
33 014
33 014
70 991
-
social contributions
1 248
2 740
3 696
-
health
256
561
1 207
-
income
3 595
3 056
14 829
-
total
5 099
6 357
19 732
-
Employer
33 014
33 014
70 991
-
social contributions
1 248
2 740
3 696
-
health
278
611
1 313
-
total
1 526
3 351
5 009
-
Corporate
59 435
39 635
-
-
income
7 430
4 955
-
-
total
7 430
4 955
-
-
Dividends
52 005
34 680
-
-
withholding
8 841
5 896
-
-
total
8 841
5 896
-
-
Income
76 000
76 000
76 000
76 000
Total tax
22 896
20 559
24 741
24 073
After tax
53 104
55 441
51 259
51 927
Living cost
9 940
9 940
9 940
9 940
Free-cash
43 164
45 501
41 319
41 987

Estimated living cost  is ₴9940 per week

₴5957
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴220
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2788
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴56118
₴53933
₴57151
₴48537
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
76 000
income
-
-
-
7 735
pensions
-
-
-
2 731
unemployment
-
-
-
12
health
-
-
-
1 554
total
-
-
-
12 032
Employee

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

9 855
-
71 804
-
health
838
-
3 463
-
income
674
-
6 671
-
pensions
1 478
-
6 111
-
unemployment
49
-
204
-
total
3 039
-
16 449
-
Employer

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

9 855
-
71 804
-
unemployment
49
-
204
-
pensions
542
-
2 241
-
health
424
-
1 752
-
total
1 015
-
4 197
-
Corporate
65 131
76 000
-
-
income
5 862
6 840
-
-
total
5 862
6 840
-
-
Dividends
59 269
69 160
-
-
withholding
5 334
6 225
-
-
total
5 334
6 225
-
-
Income
76 000
76 000
76 000
76 000
Total tax
15 250
13 065
20 646
12 032
After tax
60 750
62 935
55 354
63 968
Living cost
6 817
6 817
6 817
6 817
Free-cash
53 933
56 118
48 537
57 151

Estimated living cost  is ₴6817 per week

₴4349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴491
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴203
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1773
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴38849
₴36954
₴30840
₴29038
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
accident
-
-
-
358
income
-
-
-
21 415
pensions
-
-
-
11 262
other
-
-
-
40
unemployment
-
-
-
279
total
-
-
-
33 354
Employee
15 875
-
63 313
-
other
15
-
40
-
income
3 061
-
19 941
-
pensions
746
-
1 871
-
unemployment
246
-
617
-
total
4 068
-
22 469
-
Employer
15 875
-
63 313
-
accident
314
-
788
-
other
127
-
319
-
unemployment
873
-
2 188
-
pensions
3 746
-
9 392
-
total
5 060
-
12 687
-
Corporate
55 064
76 000
-
-
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.

8 259
11 400
-
-
total
8 259
11 400
-
-
Dividends
46 804
64 600
-
-
withholding
9 853
13 945
-
-
total
9 853
13 945
-
-
Income
76 000
76 000
76 000
76 000
Total tax
27 240
25 345
35 156
33 354
After tax
48 760
50 655
40 844
42 646
Living cost
11 806
11 806
11 806
11 806
Free-cash
36 954
38 849
29 038
30 840

Estimated living cost  is ₴11806 per week

₴7969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1135
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.
₴2496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴46249
₴46055
₴47535
₴47451
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
income
-
-
-
25 811
pensions
-
-
-
857
health
-
-
-
622
total
-
-
-
27 290
Employee
1 790
-
75 036
-
health
90
-
214
-
income
346
-
25 766
-
pensions
161
-
386
-
unemployment
18
-
43
-
total
615
-
26 409
-
Employer
1 790
-
75 036
-
unemployment
36
-
86
-
pensions
197
-
472
-
health
170
-
407
-
total
403
-
965
-
Corporate
73 807
76 000
-
-
income
16 238
16 720
-
-
total
16 238
16 720
-
-
Dividends
57 570
59 280
-
-
withholding
11 514
11 856
-
-
total
11 514
11 856
-
-
Income
76 000
76 000
76 000
76 000
Total tax
28 770
28 576
27 374
27 290
After tax
47 230
47 424
48 626
48 710
Living cost
1 175
1 175
1 175
1 175
Free-cash
46 055
46 249
47 451
47 535

Estimated living cost  is ₴1175 per week

₴698
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.
₴355
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴47490
₴45380
₴39386
₴39386
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
76 000
income
-
-
-
17 208
pensions
-
-
-
8 244
unemployment
-
-
-
476
health
-
-
-
3 266
total
-
-
-
29 194
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.

11 188
-
70 325
-
health
576
-
1 633
-
income
1 542
-
17 208
-
pensions
1 566
-
4 439
-
unemployment
84
-
238
-
total
3 768
-
23 518
-
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.

11 188
-
70 325
-
unemployment
84
-
238
-
pensions
1 343
-
3 805
-
health
576
-
1 633
-
total
2 003
-
5 676
-
Corporate
62 809
76 000
-
-
income
9 421
11 400
-
-
total
9 421
11 400
-
-
Dividends
53 388
64 600
-
-
withholding
8 008
9 690
-
-
total
8 008
9 690
-
-
Income
76 000
76 000
76 000
76 000
Total tax
23 200
21 090
29 194
29 194
After tax
52 800
54 910
46 806
46 806
Living cost
7 420
7 420
7 420
7 420
Free-cash
45 380
47 490
39 386
39 386

Estimated living cost  is ₴7420 per week

₴4996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴574
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴215
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1635
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴31654
₴31499
₴29103
₴23340
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
76 000
income
-
-
-
8 912
surtax
-
-
-
-
social contributions

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

-
-
-
26 410
total
-
-
-
35 322
Employee
16 664
-
61 414
-
social contributions
1 833
-
6 756
-
surtax
-
-
-
-
income
3 256
-
19 743
-
total
5 089
-
26 499
-
Employer
16 664
-
61 414
-
social contributions
3 957
-
14 586
-
total
3 957
-
14 586
-
Corporate
55 379
76 000
-
-
surtax
-
-
-
-
income
11 630
15 960
-
-
total
11 630
15 960
-
-
Dividends
43 749
60 040
-
-
withholding
12 250
16 811
-
-
total
12 250
16 811
-
-
Income
76 000
76 000
76 000
76 000
Total tax
32 926
32 771
41 085
35 322
After tax
43 074
43 229
34 915
40 678
Living cost
11 575
11 575
11 575
11 575
Free-cash
31 499
31 654
23 340
29 103

Estimated living cost  is ₴11575 per week

₴8198
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴804
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.
₴2368
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴35566
₴32756
₴27557
₴25755
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
accident
-
-
-
358
income
-
-
-
21 415
pensions
-
-
-
11 262
other
-
-
-
40
unemployment
-
-
-
279
total
-
-
-
33 354
Employee
20 735
-
63 313
-
other
20
-
40
-
income
4 331
-
19 941
-
pensions
974
-
1 871
-
unemployment
321
-
617
-
total
5 646
-
22 469
-
Employer
20 735
-
63 313
-
accident
411
-
788
-
other
166
-
319
-
unemployment
1 141
-
2 188
-
pensions
4 893
-
9 392
-
total
6 611
-
12 687
-
Corporate
48 654
76 000
-
-
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.

7 298
11 400
-
-
total
7 298
11 400
-
-
Dividends
41 356
64 600
-
-
withholding
8 600
13 945
-
-
total
8 600
13 945
-
-
Income
76 000
76 000
76 000
76 000
Total tax
28 155
25 345
35 156
33 354
After tax
47 845
50 655
40 844
42 646
Living cost
15 089
15 089
15 089
15 089
Free-cash
32 756
35 566
25 755
27 557

Estimated living cost  is ₴15089 per week

₴10836
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1173
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.
₴2867
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴57594
₴54977
₴53209
₴56193
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
income
-
-
-
11 400
pensions

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

-
-
-
2 220
unemployment
-
-
-
60
health
-
-
-
1 725
total
-
-
-
15 405
Employee
9 780
-
73 058
-
health
450
-
690
-
accident

We are using the highest rate at 1.1%.

107
-
165
-
income
978
-
7 306
-
pensions

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

859
-
1 317
-
total
2 394
-
9 478
-
Employer
9 780
-
73 058
-
accident

We are using the highest rate at 1.1%.

107
-
165
-
unemployment
59
-
90
-
pensions

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

1 078
-
1 653
-
health
675
-
1 035
-
total
1 919
-
2 943
-
Corporate
64 301
76 000
-
-
income
6 430
7 600
-
-
total
6 430
7 600
-
-
Dividends
57 871
68 400
-
-
withholding
2 894
3 420
-
-
total
2 894
3 420
-
-
Income
76 000
76 000
76 000
76 000
Total tax
13 637
11 020
12 421
15 405
After tax
62 363
64 980
63 579
60 595
Living cost
7 386
7 386
7 386
7 386
Free-cash
54 977
57 594
56 193
53 209

Estimated living cost  is ₴7386 per week

₴4885
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴423
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴176
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1902
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴22536
₴28153
₴23620
₴31662
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
76 000
trade
-
-
-
8 042
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.

-
-
-
23 534
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.

-
-
-
2 933
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.

-
-
-
1 295
total
-
-
-
35 804
Employee

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

21 362
-
76 000
-
health

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

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

2 933
-
2 933
-
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.

97
-
1 295
-
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.

1 757
-
23 534
-
total
4 787
-
27 762
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
54 638
76 000
-
-
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.

451
627
-
-
income
8 196
11 400
-
-
trade
7 840
10 906
-
-
chamber of commerce
145
177
-
-
total
16 632
23 110
-
-
Dividends
38 006
52 890
-
-
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.

513
719
-
-
withholding
9 339
13 059
-
-
total
9 852
13 778
-
-
Income
76 000
76 000
76 000
76 000
Total tax
31 271
36 888
27 762
35 804
After tax
44 729
39 112
48 238
40 196
Living cost
16 576
16 576
16 576
16 576
Free-cash
28 153
22 536
31 662
23 620

Estimated living cost  is ₴16576 per week

₴11434
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴240
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3117
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴28743
₴29691
₴15551
₴15551
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
income
-
-
-
23 304
social contributions
-
-
-
12 688
total
-
-
-
35 992
Employee
33 584
-
76 000
-
income
6 337
-
23 304
-
social contributions
2 790
-
12 688
-
total
9 127
-
35 992
-
Employer
33 584
-
76 000
-
total
-
-
-
-
Corporate
42 416
76 000
-
-
income
5 302
9 500
-
-
total
5 302
9 500
-
-
Dividends
37 114
66 500
-
-
withholding
7 423
13 300
-
-
total
7 423
13 300
-
-
Income
76 000
76 000
76 000
76 000
Total tax
21 852
22 800
35 992
35 992
After tax
54 148
53 200
40 008
40 008
Living cost
24 457
24 457
24 457
24 457
Free-cash
29 691
28 743
15 551
15 551

Estimated living cost  is ₴24457 per week

₴18607
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1993
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.
₴3624
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴31547
₴33048
₴45315
₴38430
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
76 000
income
-
-
-
12 221
health

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

-
-
-
2 879
total
-
-
-
15 100
Employee
19 696
-
74 025
-
income
2 137
-
18 035
-
social contributions
1 973
-
1 975
-
total
4 110
-
20 010
-
Employer
19 696
-
74 025
-
social contributions
1 973
-
1 975
-
total
1 973
-
1 975
-
Corporate
54 331
76 000
-
-
income
19 016
26 600
-
-
total
19 016
26 600
-
-
Dividends
35 316
49 400
-
-
social contributions
2 268
2 268
-
-
total
2 268
2 268
-
-
Income
76 000
76 000
76 000
76 000
Total tax
27 367
28 868
21 985
15 100
After tax
48 633
47 132
54 015
60 900
Living cost
15 585
15 585
15 585
15 585
Free-cash
33 048
31 547
38 430
45 315

Estimated living cost  is ₴15585 per week

₴10266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1229
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴239
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3851
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴33708
₴36268
₴34353
₴27472
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
income
-
-
-
21 706
pensions
-
-
-
3 886
total
-
-
-
25 592
Employee
22 038
-
66 391
-
health
287
-
964
-
income
4 013
-
17 120
-
pensions
1 682
-
4 781
-
total
5 982
-
22 865
-
Employer
22 038
-
66 391
-
pensions
2 227
-
8 347
-
health
419
-
1 261
-
total
2 646
-
9 608
-
Corporate
51 317
76 000
-
-
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.

9 750
14 440
-
-
total
9 750
14 440
-
-
Dividends
41 567
61 560
-
-
withholding
5 299
11 797
-
-
total
5 299
11 797
-
-
Income
76 000
76 000
76 000
76 000
Total tax
23 677
26 237
32 473
25 592
After tax
52 323
49 763
43 527
50 408
Living cost
16 055
16 055
16 055
16 055
Free-cash
36 268
33 708
27 472
34 353

Estimated living cost  is ₴16055 per week

₴11014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1476
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.
₴3363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₴3998
₴4598
₴41795
₴31160
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
accident
-
-
-
108
income
-
-
-
21 081
pensions
-
-
-
1 774
other
-
-
-
158
health
-
-
-
930
total
-
-
-
24 051
Employee
15 973
-
68 482
-
health
1 829
-
7 841
-
income
2 191
-
16 075
-
pensions
1 799
-
3 252
-
total
5 819
-
27 168
-
Employer
15 973
-
68 482
-
accident
267
-
1 144
-
unemployment
391
-
1 678
-
pensions
2 597
-
4 696
-
total
3 255
-
7 518
-
Corporate
56 772
76 000
-
-
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.

51 095
68 400
-
-
total
51 095
68 400
-
-
Dividends
5 677
7 600
-
-
withholding
1 079
1 444
-
-
total
1 079
1 444
-
-
Income
76 000
76 000
76 000
76 000
Total tax
61 248
69 844
34 686
24 051
After tax
14 752
6 156
41 314
51 949
Living cost
10 154
10 154
10 154
10 154
Free-cash
4 598
-3 998
31 160
41 795

Estimated living cost  is ₴10154 per week

₴7452
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴592
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.
₴1906
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴58167
₴56163
₴38832
₴48254
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
76 000
work injury
-
-
-
343
health insurance
-
-
-
5 070
income
-
-
-
12 539
pensions
-
-
-
12 607
unemployment
-
-
-
822
total
-
-
-
31 381
Employee

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

9 259
-
76 000
-
work injury
46
-
171
-
income
926
-
12 539
-
pensions
1 704
-
6 303
-
health insurance
685
-
2 535
-
unemployment
111
-
411
-
total
3 472
-
21 959
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
66 741
76 000
-
-
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%.

667
760
-
-
total
667
760
-
-
Dividends
66 074
75 240
-
-
withholding
9 911
11 286
-
-
total
9 911
11 286
-
-
Income
76 000
76 000
76 000
76 000
Total tax
14 050
12 046
21 959
31 381
After tax
61 950
63 954
54 041
44 619
Living cost
5 787
5 787
5 787
5 787
Free-cash
56 163
58 167
48 254
38 832

Estimated living cost  is ₴5787 per week

₴3585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴421
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴181
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1601
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴22928
₴20975
₴18296
₴14961
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
76 000
municipal
-
-
-
508
regional
-
-
-
1 741
national
-
-
-
18 803
social contributions
-
-
-
19 548
total
-
-
-
40 600
Employee
36 179
-
76 000
-
social contributions
12 199
-
25 627
-
regional
546
-
1 544
-
municipal
216
-
453
-
national
6 114
-
16 311
-
total
19 075
-
43 935
-
Employer
36 179
-
76 000
-
total
-
-
-
-
Corporate
39 821
76 000
-
-
nationa
9 557
18 240
-
-
municipal
1 920
3 663
-
-
total
11 477
21 903
-
-
Dividends
28 344
54 097
-
-
withholding
7 369
14 065
-
-
total
7 369
14 065
-
-
Income
76 000
76 000
76 000
76 000
Total tax
37 921
35 968
43 935
40 600
After tax
38 079
40 032
32 065
35 400
Living cost
17 104
17 104
17 104
17 104
Free-cash
20 975
22 928
14 961
18 296

Estimated living cost  is ₴17104 per week

₴12014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1177
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴258
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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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