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
₴ 90500
per

Your estimated
City
free-cash

Dresden , Germany
₴29818
₴35600
₴31343
₴41770
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
90 500
trade
-
-
-
10 427
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.

-
-
-
27 802
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.

-
-
-
3 570
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.

-
-
-
1 529
total
-
-
-
43 328
Employee

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

19 989
-
90 500
-
income

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

558
-
27 802
-
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.

31
-
1 529
-
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.

3 570
-
3 570
-
total
4 159
-
32 901
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
70 511
90 500
-
-
income
10 577
13 575
-
-
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.

582
747
-
-
trade
11 105
14 254
-
-
chamber of commerce
180
209
-
-
total
22 444
28 785
-
-
Dividends
48 066
61 715
-
-
surtax

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

650
838
-
-
withholding
11 818
15 230
-
-
total
12 468
16 068
-
-
Income
90 500
90 500
90 500
90 500
Total tax
39 071
44 853
32 901
43 328
After tax
51 429
45 647
57 599
47 172
Living cost
15 829
15 829
15 829
15 829
Free-cash
35 600
29 818
41 770
31 343

Estimated living cost  is ₴15829 per week

₴9957
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1846
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴296
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴28127
₴27656
₴25189
₴25900
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
municipal
-
-
-
9 858
national
-
-
-
15 275
pensions
-
-
-
10 860
social contributions
-
-
-
973
total
-
-
-
36 966
Employee
43 940
-
78 236
-
national
8 410
-
15 818
-
pensions
1 758
-
3 129
-
municipal
5 427
-
10 208
-
total
15 595
-
29 155
-
Employer
43 940
-
78 236
-
social contributions
472
-
841
-
pensions
3 515
-
6 259
-
total
3 987
-
7 100
-
Corporate
39 673
90 500
-
-
income

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

7 935
18 100
-
-
total
7 935
18 100
-
-
Dividends
31 738
72 400
-
-
withholding
6 982
15 928
-
-
total
6 982
15 928
-
-
Income
90 500
90 500
90 500
90 500
Total tax
34 499
34 028
36 255
36 966
After tax
56 001
56 472
54 245
53 534
Living cost
28 345
28 345
28 345
28 345
Free-cash
27 656
28 127
25 900
25 189

Estimated living cost  is ₴28345 per week

₴19266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2635
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴6020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴61528
₴57242
₴20224
₴26956
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
90 500
microenterprise
-
-
-
-
income
-
-
-
16 303
surtax
-
-
-
23 078
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.

-
-
-
20 023
total
-
-
-
59 404
Employee
15 271
-
68 014
-
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.

1 680
-
6 851
-
income
2 718
-
13 473
-
surtax
-
-
9 862
-
total
4 398
-
30 186
-
Employer
15 271
-
68 014
-
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.

3 678
-
15 004
-
surtax
-
-
7 482
-
total
3 678
-
22 486
-
Corporate
71 551
90 500
-
-
income

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

14 310
18 100
-
-
total
14 310
18 100
-
-
Dividends

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

57 241
72 400
-
-
total
-
-
-
-
Income
90 500
90 500
90 500
90 500
Total tax
22 386
18 100
52 672
59 404
After tax
68 114
72 400
37 828
31 096
Living cost
10 872
10 872
10 872
10 872
Free-cash
57 242
61 528
26 956
20 224

Estimated living cost  is ₴10872 per week

₴6936
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1035
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.
₴2654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴22889
₴19688
₴28178
₴34481
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
income
-
-
-
27 862
health
-
-
-
6 444
pensions
-
-
-
6 123
total
-
-
-
40 429
Employee
44 628
44 628
80 788
-
pensions
8 033
6 123
6 123
-
income

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

7 305
7 305
11 847
-
health
6 850
5 826
6 444
-
total
22 188
19 254
24 414
-
Employer
44 628
44 628
80 788
-
health
3 102
3 102
3 855
-
pensions
3 106
3 106
3 861
-
unemployment
1 607
1 607
1 996
-
total
7 815
7 815
9 712
-
Corporate
38 604
38 057
-
-
income
7 721
7 612
-
-
total
7 721
7 612
-
-
Dividends
30 884
30 445
-
-
income
6 563
6 470
-
-
withholding
4 632
4 567
-
-
total
11 195
11 037
-
-
Income
90 500
90 500
90 500
90 500
Total tax
48 919
45 718
34 126
40 429
After tax
41 581
44 782
56 374
50 071
Living cost
21 893
21 893
21 893
21 893
Free-cash
19 688
22 889
34 481
28 178

Estimated living cost  is ₴21893 per week

₴15515
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴348
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴28518
₴28049
₴25683
₴25178
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
municipal
-
-
-
23 031
national
-
-
-
7 624
unemployment
-
-
-
46
accident
-
-
-
92
health
-
-
-
2 858
pensions
-
-
-
4 950
other
-
-
-
5 321
total
-
-
-
43 922
Employee
29 773
-
76 111
-
national
-
-
7 343
-
municipal
8 878
-
22 696
-
total
8 878
-
30 039
-
Employer
29 773
-
76 111
-
health
1 831
-
2 816
-
pensions
3 218
-
4 950
-
accident
60
-
92
-
other
3 460
-
5 321
-
unemployment
786
-
1 209
-
total
9 355
-
14 388
-
Corporate
51 372
90 500
-
-
income
11 302
19 910
-
-
total
11 302
19 910
-
-
Dividends
40 070
70 590
-
-
withholding
12 021
21 177
-
-
total
12 021
21 177
-
-
Income
90 500
90 500
90 500
90 500
Total tax
41 556
41 087
44 427
43 922
After tax
48 944
49 413
46 073
46 578
Living cost
20 895
20 895
20 895
20 895
Free-cash
28 049
28 518
25 178
25 683

Estimated living cost  is ₴20895 per week

₴13848
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2050
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴317
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4679
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴24652
₴31994
₴26179
₴37069
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
90 500
trade
-
-
-
10 890
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.

-
-
-
27 802
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.

-
-
-
3 570
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.

-
-
-
1 529
total
-
-
-
43 791
Employee

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

26 502
-
90 500
-
income

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

2 277
-
27 802
-
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.

125
-
1 529
-
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.

3 570
-
3 570
-
total
5 972
-
32 901
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
63 998
90 500
-
-
income
9 600
13 575
-
-
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.

528
747
-
-
trade
10 527
14 887
-
-
chamber of commerce
171
208
-
-
total
20 826
29 417
-
-
Dividends
43 172
61 083
-
-
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.

583
829
-
-
withholding
10 595
15 072
-
-
total
11 178
15 901
-
-
Income
90 500
90 500
90 500
90 500
Total tax
37 976
45 318
32 901
43 791
After tax
52 524
45 182
57 599
46 709
Living cost
20 530
20 530
20 530
20 530
Free-cash
31 994
24 652
37 069
26 179

Estimated living cost  is ₴20530 per week

₴13731
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2165
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴306
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4328
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴49074
₴46906
₴44983
₴44183
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
income
-
-
-
17 802
health
-
-
-
2 308
social contributions
-
-
-
8 456
total
-
-
-
28 566
Employee
40 186
40 186
84 439
-
social contributions
1 953
3 335
4 499
-
income
4 220
3 720
17 371
-
health
400
683
1 435
-
total
6 573
7 738
23 305
-
Employer
40 186
40 186
84 439
-
social contributions
1 953
3 335
4 499
-
health
435
744
1 562
-
total
2 388
4 079
6 061
-
Corporate
64 589
46 235
-
-
income
8 074
5 780
-
-
total
8 074
5 780
-
-
Dividends
56 515
40 455
-
-
withholding
9 608
6 878
-
-
total
9 608
6 878
-
-
Income
90 500
90 500
90 500
90 500
Total tax
26 643
24 475
29 366
28 566
After tax
63 857
66 025
61 134
61 934
Living cost
16 951
16 951
16 951
16 951
Free-cash
46 906
49 074
44 183
44 983

Estimated living cost  is ₴16951 per week

₴11587
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1324
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴285
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3755
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴40585
₴40798
₴52421
₴42191
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
unemployment
-
-
-
1 357
income
-
-
-
11 064
health
-
-
-
6 335
pensions
-
-
-
9 050
total
-
-
-
27 806
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.

14 829
5 902
75 732
-
pensions
1 483
590
7 573
-
unemployment
222
89
1 136
-
income
1 813
721
9 258
-
health
1 038
413
5 301
-
total
4 556
1 813
23 268
-
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.

14 829
5 902
75 732
-
pensions
2 892
1 151
14 768
-
total
2 892
1 151
14 768
-
Corporate
72 780
83 448
-
-
income
6 550
7 510
-
-
total
6 550
7 510
-
-
Dividends
66 230
75 937
-
-
social contributions
12 847
14 740
-
-
withholding
12 584
14 428
-
-
total
25 431
29 168
-
-
Income
90 500
90 500
90 500
90 500
Total tax
39 429
39 642
38 036
27 806
After tax
51 071
50 858
52 464
62 694
Living cost
10 273
10 273
10 273
10 273
Free-cash
40 798
40 585
42 191
52 421

Estimated living cost  is ₴10273 per week

₴7010
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴841
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.
₴2217
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴59777
₴56531
₴35885
₴39541
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
income
-
-
-
12 127
health
-
-
-
11 765
pensions
-
-
-
18 100
total
-
-
-
41 992
Employee
14 825
-
67 638
-
pensions
297
-
1 353
-
unemployment
237
-
1 082
-
income
1 669
-
13 040
-
total
2 203
-
15 475
-
Employer
14 825
-
67 638
-
health
1 927
-
8 793
-
pensions
2 965
-
13 527
-
unemployment
119
-
541
-
total
5 011
-
22 861
-
Corporate
70 663
90 500
-
-
income
14 132
18 100
-
-
total
14 132
18 100
-
-
Dividends
56 531
72 400
-
-
total
-
-
-
-
Income
90 500
90 500
90 500
90 500
Total tax
21 346
18 100
38 336
41 992
After tax
69 154
72 400
52 164
48 508
Living cost
12 623
12 623
12 623
12 623
Free-cash
56 531
59 777
39 541
35 885

Estimated living cost  is ₴12623 per week

₴8658
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴254
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2959
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₴4116
₴5574
₴50423
₴37670
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
accident
-
-
-
131
income
-
-
-
25 006
health
-
-
-
1 135
pensions
-
-
-
2 165
other
-
-
-
193
total
-
-
-
28 630
Employee
18 007
-
81 413
-
pensions
2 028
-
3 970
-
income
2 470
-
19 004
-
health
2 062
-
9 322
-
total
6 560
-
32 296
-
Employer
18 007
-
81 413
-
pensions
2 928
-
5 732
-
accident
301
-
1 360
-
unemployment
441
-
1 995
-
total
3 670
-
9 087
-
Corporate
68 823
90 500
-
-
income

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

61 941
81 450
-
-
total
61 941
81 450
-
-
Dividends
6 882
9 050
-
-
withholding
1 308
1 719
-
-
total
1 308
1 719
-
-
Income
90 500
90 500
90 500
90 500
Total tax
73 479
83 169
41 383
28 630
After tax
17 021
7 331
49 117
61 870
Living cost
11 447
11 447
11 447
11 447
Free-cash
5 574
-4 116
37 670
50 423

Estimated living cost  is ₴11447 per week

₴8390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴634
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.
₴2184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴81442
₴80592
₴85062
₴67867
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
90 500
microenterprise

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

-
-
-
905
total
-
-
-
905
Employee
5 666
-
90 500
-
income
1 133
-
18 100
-
total
1 133
-
18 100
-
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%.

84 834
90 500
-
-
total
-
-
-
-
Dividends
84 834
90 500
-
-
withholding
4 242
4 525
-
-
total
4 242
4 525
-
-
Income
90 500
90 500
90 500
90 500
Total tax
5 375
4 525
18 100
905
After tax
85 125
85 975
72 400
89 595
Living cost
4 533
4 533
4 533
4 533
Free-cash
80 592
81 442
67 867
85 062

Estimated living cost  is ₴4533 per week

₴2809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴125
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1222
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴52566
₴49036
₴36402
₴37403
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
income
-
-
-
13 828
health
-
-
-
3 497
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.

-
-
-
19 073
other
-
-
-
3 775
total
-
-
-
40 173
Employee
18 975
-
72 285
-
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.

1 328
-
5 060
-
unemployment
189
-
723
-
income
3 267
-
14 161
-
health
266
-
1 012
-
total
5 050
-
20 956
-
Employer
18 975
-
72 285
-
health
266
-
1 012
-
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.

3 226
-
12 289
-
accident
152
-
578
-
other
949
-
3 614
-
unemployment
189
-
723
-
total
4 782
-
18 216
-
Corporate
66 743
90 500
-
-
income
14 016
19 005
-
-
total
14 016
19 005
-
-
Dividends
52 726
71 495
-
-
withholding
3 691
5 004
-
-
total
3 691
5 004
-
-
Income
90 500
90 500
90 500
90 500
Total tax
27 539
24 009
39 172
40 173
After tax
62 961
66 491
51 328
50 327
Living cost
13 925
13 925
13 925
13 925
Free-cash
49 036
52 566
37 403
36 402

Estimated living cost  is ₴13925 per week

₴9839
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴940
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.
₴2922
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴24325
₴25457
₴25031
₴16828
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
income
-
-
-
25 649
pensions
-
-
-
4 686
total
-
-
-
30 335
Employee
49 709
-
79 075
-
pensions
4 796
-
5 778
-
income
8 961
-
20 180
-
health
819
-
1 155
-
total
14 576
-
27 113
-
Employer
49 709
-
79 075
-
health
944
-
1 503
-
pensions
5 869
-
9 922
-
total
6 813
-
11 425
-
Corporate
33 977
90 500
-
-
income

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

6 456
17 195
-
-
total
6 456
17 195
-
-
Dividends
27 521
73 305
-
-
withholding
2 064
13 846
-
-
total
2 064
13 846
-
-
Income
90 500
90 500
90 500
90 500
Total tax
29 909
31 041
38 538
30 335
After tax
60 591
59 459
51 962
60 165
Living cost
35 134
35 134
35 134
35 134
Free-cash
25 457
24 325
16 828
25 031

Estimated living cost  is ₴35134 per week

₴26327
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴4128
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.
₴4394
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴70511
₴68080
₴65175
₴68706
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
unemployment
-
-
-
73
income
-
-
-
13 575
health
-
-
-
2 104
pensions

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

-
-
-
2 707
total
-
-
-
18 459
Employee
9 092
-
86 911
-
pensions

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

798
-
1 606
-
income
909
-
8 691
-
health
418
-
841
-
accident

We are using the highest rate at 1.1%.

100
-
201
-
total
2 225
-
11 339
-
Employer
9 092
-
86 911
-
health
628
-
1 262
-
pensions

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

1 002
-
2 016
-
accident

We are using the highest rate at 1.1%.

100
-
201
-
unemployment
54
-
110
-
total
1 784
-
3 589
-
Corporate
79 624
90 500
-
-
income
7 962
9 050
-
-
total
7 962
9 050
-
-
Dividends
71 662
81 450
-
-
withholding
3 583
4 073
-
-
total
3 583
4 073
-
-
Income
90 500
90 500
90 500
90 500
Total tax
15 554
13 123
14 928
18 459
After tax
74 946
77 377
75 572
72 041
Living cost
6 866
6 866
6 866
6 866
Free-cash
68 080
70 511
68 706
65 175

Estimated living cost  is ₴6866 per week

₴4009
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴490
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴182
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2185
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴15803
₴17119
₴21092
₴27395
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
income
-
-
-
27 862
health
-
-
-
6 444
pensions
-
-
-
6 123
total
-
-
-
40 429
Employee
48 452
44 628
80 788
-
pensions
6 123
6 123
6 123
-
income

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

7 305
7 305
11 847
-
health
6 045
5 826
6 444
-
total
19 473
19 254
24 414
-
Employer
48 452
44 628
80 788
-
health
3 367
3 102
3 855
-
pensions
3 372
3 106
3 861
-
unemployment
1 744
1 607
1 996
-
total
8 483
7 815
9 712
-
Corporate
33 565
38 057
-
-
income
6 713
7 612
-
-
total
6 713
7 612
-
-
Dividends
26 852
30 445
-
-
income
5 706
6 470
-
-
withholding
4 027
4 567
-
-
total
9 733
11 037
-
-
Income
90 500
90 500
90 500
90 500
Total tax
44 402
45 718
34 126
40 429
After tax
46 098
44 782
56 374
50 071
Living cost
28 979
28 979
28 979
28 979
Free-cash
17 119
15 803
27 395
21 092

Estimated living cost  is ₴28979 per week

₴21377
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2588
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴332
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4682
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴49279
₴44631
₴37572
₴33639
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
solidarity contribution
-
-
-
-
income
-
-
-
8 930
health
-
-
-
12 218
social contributions
-
-
-
18 750
total
-
-
-
39 898
Employee
19 162
-
68 300
-
social contributions
1 246
-
4 174
-
income
2 299
-
8 236
-
solidarity contribution
-
-
-
-
health
2 587
-
9 221
-
total
6 132
-
21 631
-
Employer
19 162
-
68 300
-
social contributions
4 790
-
16 053
-
health
1 725
-
6 147
-
total
6 515
-
22 200
-
Corporate
64 823
90 500
-
-
income
12 316
17 195
-
-
total
12 316
17 195
-
-
Dividends
52 507
73 305
-
-
withholding
7 876
10 996
-
-
total
7 876
10 996
-
-
Income
90 500
90 500
90 500
90 500
Total tax
32 839
28 191
43 831
39 898
After tax
57 661
62 309
46 669
50 602
Living cost
13 030
13 030
13 030
13 030
Free-cash
44 631
49 279
33 639
37 572

Estimated living cost  is ₴13030 per week

₴9051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴2796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴26233
₴23505
₴21292
₴17203
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
municipal
-
-
-
538
national
-
-
-
22 275
regional
-
-
-
1 066
social contributions
-
-
-
23 277
total
-
-
-
47 156
Employee
46 446
-
90 500
-
national
8 048
-
19 307
-
social contributions
15 662
-
30 517
-
municipal
246
-
480
-
regional
438
-
941
-
total
24 394
-
51 245
-
Employer
46 446
-
90 500
-
total
-
-
-
-
Corporate
44 054
90 500
-
-
municipal
1 718
3 530
-
-
nationa
10 573
21 720
-
-
total
12 291
25 250
-
-
Dividends
31 764
65 250
-
-
withholding
8 258
16 965
-
-
total
8 258
16 965
-
-
Income
90 500
90 500
90 500
90 500
Total tax
44 943
42 215
51 245
47 156
After tax
45 557
48 285
39 255
43 344
Living cost
22 052
22 052
22 052
22 052
Free-cash
23 505
26 233
17 203
21 292

Estimated living cost  is ₴22052 per week

₴15372
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1446
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴338
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4895
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴45393
₴43766
₴31314
₴28118
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
unemployment
-
-
-
119
income
-
-
-
24 827
health
-
-
-
4 952
surtax
-
-
-
3 806
pensions
-
-
-
13 950
other
-
-
-
-
total
-
-
-
47 654
Employee
17 282
-
75 818
-
pensions
1 152
-
4 652
-
unemployment
1 203
-
4 855
-
income
2 897
-
21 701
-
other
-
-
-
-
surtax
57
-
3 181
-
health
441
-
1 778
-
total
5 750
-
36 167
-
Employer
17 282
-
75 818
-
health
786
-
3 174
-
pensions
2 304
-
9 298
-
other
-
-
-
-
unemployment
547
-
2 211
-
total
3 637
-
14 683
-
Corporate
69 580
90 500
-
-
income
18 091
23 530
-
-
total
18 091
23 530
-
-
Dividends
51 489
66 970
-
-
withholding
7 724
10 045
-
-
total
7 724
10 045
-
-
Income
90 500
90 500
90 500
90 500
Total tax
35 202
33 575
50 850
47 654
After tax
55 298
56 925
39 650
42 846
Living cost
11 532
11 532
11 532
11 532
Free-cash
43 766
45 393
28 118
31 314

Estimated living cost  is ₴11532 per week

₴7051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1064
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴266
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3151
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴35456
₴38926
₴36162
₴27959
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
income
-
-
-
25 649
pensions
-
-
-
4 686
total
-
-
-
30 335
Employee
33 314
-
79 075
-
pensions
2 828
-
5 778
-
income
6 000
-
20 180
-
health
484
-
1 155
-
total
9 312
-
27 113
-
Employer
33 314
-
79 075
-
health
633
-
1 503
-
pensions
3 606
-
9 922
-
total
4 239
-
11 425
-
Corporate
52 947
90 500
-
-
income

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

10 060
17 195
-
-
total
10 060
17 195
-
-
Dividends
42 887
73 305
-
-
withholding
3 960
13 846
-
-
total
3 960
13 846
-
-
Income
90 500
90 500
90 500
90 500
Total tax
27 571
31 041
38 538
30 335
After tax
62 929
59 459
51 962
60 165
Living cost
24 003
24 003
24 003
24 003
Free-cash
38 926
35 456
27 959
36 162

Estimated living cost  is ₴24003 per week

₴17983
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1799
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.
₴3970
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴597
₴18049
₴32639
₴28402
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
city
-
-
-
954
national
-
-
-
1 399
regional
-
-
-
4 382
health
-
-
-
203
pensions
-
-
-
8 326
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.

-
-
-
1 810
total
-
-
-
17 074
Employee
47 731
-
81 002
-
national
226
-
1 065
-
city
512
-
871
-
pensions
4 010
-
6 804
-
unemployment
-
-
-
-
health
108
-
182
-
regional
1 563
-
3 782
-
total
6 419
-
12 704
-
Employer
47 731
-
81 002
-
health
108
-
182
-
pensions
4 010
-
6 804
-
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.

954
-
1 621
-
unemployment
-
-
-
-
total
5 072
-
8 607
-
Corporate
37 172
90 500
-
-
national
3 159
7 692
-
-
regional
7 862
19 141
-
-
total
11 021
26 833
-
-
Dividends
26 151
63 667
-
-
withholding
9 152
22 283
-
-
total
9 152
22 283
-
-
Income
90 500
90 500
90 500
90 500
Total tax
31 664
49 116
21 311
17 074
After tax
58 836
41 384
69 189
73 426
Living cost
40 787
40 787
40 787
40 787
Free-cash
18 049
597
28 402
32 639

Estimated living cost  is ₴40787 per week

₴26523
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3660
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴10103
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴20775
₴29249
₴22305
₴33658
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
90 500
trade
-
-
-
11 353
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.

-
-
-
27 802
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.

-
-
-
3 570
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.

-
-
-
1 529
total
-
-
-
44 254
Employee

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

31 407
-
90 500
-
income

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

3 693
-
27 802
-
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.

203
-
1 529
-
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.

3 570
-
3 570
-
total
7 466
-
32 901
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
59 093
90 500
-
-
income
8 864
13 575
-
-
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.

488
747
-
-
trade
10 135
15 521
-
-
chamber of commerce
163
206
-
-
total
19 650
30 049
-
-
Dividends
39 443
60 451
-
-
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.

532
820
-
-
withholding
9 662
14 915
-
-
total
10 194
15 735
-
-
Income
90 500
90 500
90 500
90 500
Total tax
37 310
45 784
32 901
44 254
After tax
53 190
44 716
57 599
46 246
Living cost
23 941
23 941
23 941
23 941
Free-cash
29 249
20 775
33 658
22 305

Estimated living cost  is ₴23941 per week

₴17485
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1915
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴311
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4230
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴27730
₴30820
₴33142
₴32020
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
income
-
-
-
14 028
health
-
-
-
3 779
surtax
-
-
-
-
pensions
-
-
-
16 286
other
-
-
-
2 806
social contributions
-
-
-
2 579
total
-
-
-
39 478
Employee
22 367
-
70 214
-
pensions
2 529
-
4 811
-
social contributions
638
-
2 000
-
income
1 320
-
13 503
-
surtax
-
-
-
-
total
4 487
-
20 314
-
Employer
22 367
-
70 214
-
social contributions
67
-
210
-
health
1 566
-
6 412
-
pensions
3 674
-
8 112
-
other
772
-
2 709
-
unemployment
905
-
2 843
-
total
6 984
-
20 286
-
Corporate
61 149
90 500
-
-
income
17 121
25 340
-
-
surtax
-
-
-
-
total
17 121
25 340
-
-
Dividends
44 027
65 160
-
-
social contributions
7 573
11 209
-
-
surtax
-
-
-
-
withholding
5 635
8 341
-
-
total
13 208
19 550
-
-
Income
90 500
90 500
90 500
90 500
Total tax
41 800
44 890
40 600
39 478
After tax
48 700
45 610
49 900
51 022
Living cost
17 880
17 880
17 880
17 880
Free-cash
30 820
27 730
32 020
33 142

Estimated living cost  is ₴17880 per week

₴11274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1454
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴304
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4849
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴29502
₴32408
₴34914
₴33792
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
income
-
-
-
14 028
health
-
-
-
3 779
surtax
-
-
-
-
pensions
-
-
-
16 286
other
-
-
-
2 806
social contributions
-
-
-
2 579
total
-
-
-
39 478
Employee
19 965
-
70 214
-
pensions
2 258
-
4 811
-
social contributions
569
-
2 000
-
income
1 029
-
13 503
-
surtax
-
-
-
-
total
3 856
-
20 314
-
Employer
19 965
-
70 214
-
social contributions
60
-
210
-
health
1 397
-
6 412
-
pensions
3 281
-
8 112
-
other
689
-
2 709
-
unemployment
808
-
2 843
-
total
6 235
-
20 286
-
Corporate
64 300
90 500
-
-
income
18 004
25 340
-
-
surtax
-
-
-
-
total
18 004
25 340
-
-
Dividends
46 296
65 160
-
-
social contributions
7 963
11 209
-
-
surtax
-
-
-
-
withholding
5 926
8 341
-
-
total
13 889
19 550
-
-
Income
90 500
90 500
90 500
90 500
Total tax
41 984
44 890
40 600
39 478
After tax
48 516
45 610
49 900
51 022
Living cost
16 108
16 108
16 108
16 108
Free-cash
32 408
29 502
33 792
34 914

Estimated living cost  is ₴16108 per week

₴9342
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1636
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴305
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4825
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴44131
₴44401
₴47037
₴45216
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
income
-
-
-
13 575
health
-
-
-
6 317
social contributions
-
-
-
12 489
total
-
-
-
32 381
Employee
17 719
-
90 500
-
social contributions
2 446
-
12 489
-
income
2 955
-
15 396
-
health
1 237
-
6 317
-
total
6 638
-
34 202
-
Employer
17 719
-
90 500
-
total
-
-
-
-
Corporate
72 781
90 500
-
-
income

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

3 639
4 525
-
-
total
3 639
4 525
-
-
Dividends
69 142
85 975
-
-
social contributions
9 542
11 864
-
-
health
4 826
6 001
-
-
withholding
10 372
12 897
-
-
total
24 740
30 762
-
-
Income
90 500
90 500
90 500
90 500
Total tax
35 017
35 287
34 202
32 381
After tax
55 483
55 213
56 298
58 119
Living cost
11 082
11 082
11 082
11 082
Free-cash
44 401
44 131
45 216
47 037

Estimated living cost  is ₴11082 per week

₴7416
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴683
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2726
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴31674
₴30866
₴28029
₴5596
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
unemployment
-
-
-
3 205
income
-
-
-
24 421
chamber of commerce
-
-
-
362
health
-
-
-
4 670
surtax
-
-
-
103
pensions
-
-
-
11 295
total
-
-
-
44 056
Employee
26 117
20 826
72 025
-
pensions
2 675
2 132
6 252
-
unemployment
783
625
1 832
-
income
2 973
1 536
19 447
-
other
261
208
611
-
health
1 011
806
2 362
-
total
7 703
5 307
30 504
-
Employer
26 117
20 826
72 025
-
chamber of commerce
104
83
289
-
health
987
787
2 308
-
payroll
783
625
2 161
-
pensions
3 278
2 614
7 662
-
surtax
103
103
103
-
accident
339
271
793
-
other
1 241
989
3 327
-
unemployment
783
625
1 832
-
total
7 618
6 097
18 475
-
Corporate
56 764
63 576
70 041
-
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.

14 191
15 895
17 510
-
total
14 191
15 895
17 510
-
Dividends
42 573
47 682
-
-
withholding
11 707
13 113
-
-
total
11 707
13 113
-
-
Income
90 500
90 500
90 500
90 500
Total tax
41 219
40 412
66 489
44 056
After tax
49 281
50 088
24 011
46 444
Living cost
18 414
18 414
18 414
18 414
Free-cash
30 866
31 674
5 596
28 029

Estimated living cost  is ₴18414 per week

₴12282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴302
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4260
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴31562
₴23723
₴20171
₴12896
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
national
-
-
-
33 597
communal

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

-
-
-
4 648
social contributions
-
-
-
13 029
total
-
-
-
51 274
Employee

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

37 382
-
70 094
-
national
11 493
-
25 328
-
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.

2 804
-
5 257
-
communal

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

1 950
-
3 656
-
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.

325
-
610
-
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.

1 756
-
3 295
-
total
18 328
-
38 146
-
Employer

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

37 382
-
70 094
-
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.

2 299
-
4 311
-
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.

3 312
-
6 210
-
surtax
4 239
-
7 948
-
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.

486
-
911
-
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.

545
-
1 023
-
total
10 881
-
20 403
-
Corporate
42 237
90 500
-
-
income
8 448
18 100
-
-
surtax
169
362
-
-
total
8 617
18 462
-
-
Dividends
33 620
72 038
-
-
withholding

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

9 896
21 421
-
-
total
9 896
21 421
-
-
Income
90 500
90 500
90 500
90 500
Total tax
47 722
39 883
58 549
51 274
After tax
42 778
50 617
31 951
39 226
Living cost
19 055
19 055
19 055
19 055
Free-cash
23 723
31 562
12 896
20 171

Estimated living cost  is ₴19055 per week

₴12274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴299
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4817
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴41470
₴37853
₴31933
₴29739
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
unemployment
-
-
-
339
accident
-
-
-
436
income
-
-
-
25 162
pensions
-
-
-
13 708
other
-
-
-
49
total
-
-
-
39 694
Employee
26 014
-
75 058
-
pensions
1 223
-
2 277
-
unemployment
404
-
751
-
income
5 489
-
23 368
-
other
26
-
49
-
total
7 142
-
26 445
-
Employer
26 014
-
75 058
-
pensions
6 139
-
11 432
-
accident
515
-
959
-
other
207
-
388
-
unemployment
1 431
-
2 664
-
total
8 292
-
15 443
-
Corporate
56 194
90 500
-
-
income

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

8 429
13 575
-
-
total
8 429
13 575
-
-
Dividends
47 765
76 925
-
-
withholding
9 911
16 582
-
-
total
9 911
16 582
-
-
Income
90 500
90 500
90 500
90 500
Total tax
33 774
30 157
41 888
39 694
After tax
56 726
60 343
48 612
50 806
Living cost
18 873
18 873
18 873
18 873
Free-cash
37 853
41 470
29 739
31 933

Estimated living cost  is ₴18873 per week

₴13898
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1339
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴272
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3364
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴24638
₴18036
₴16519
₴20125
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
accident
-
-
-
763
income
-
-
-
14 689
communal
-
-
-
5 719
health
-
-
-
6 358
surtax
-
-
-
4 487
pensions
-
-
-
13 565
total
-
-
-
45 581
Employee
39 576
-
80 839
-
pensions
3 166
-
6 467
-
income
3 823
-
17 296
-
surtax
2 426
-
4 955
-
health
1 761
-
3 597
-
total
11 176
-
32 315
-
Employer
39 576
-
80 839
-
health
1 207
-
2 465
-
pensions
3 166
-
6 467
-
accident
356
-
728
-
total
4 729
-
9 660
-
Corporate
46 195
90 500
-
-
income
6 929
13 575
-
-
surtax
485
950
-
-
communal
3 118
6 109
-
-
total
10 532
20 634
-
-
Dividends
35 663
69 866
-
-
income
12 278
6 348
-
-
withholding
5 349
10 480
-
-
total
17 627
16 828
-
-
Income
90 500
90 500
90 500
90 500
Total tax
44 064
37 462
41 975
45 581
After tax
46 436
53 038
48 525
44 919
Living cost
28 400
28 400
28 400
28 400
Free-cash
18 036
24 638
20 125
16 519

Estimated living cost  is ₴28400 per week

₴21304
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1721
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴300
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5074
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴45187
₴43526
₴31108
₴27912
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
unemployment
-
-
-
119
income
-
-
-
24 827
health
-
-
-
4 952
surtax
-
-
-
3 806
pensions
-
-
-
13 950
other
-
-
-
-
total
-
-
-
47 654
Employee
17 599
-
75 818
-
pensions
1 174
-
4 652
-
unemployment
1 225
-
4 855
-
income
2 950
-
21 701
-
other
-
-
-
-
surtax
62
-
3 181
-
health
449
-
1 778
-
total
5 860
-
36 167
-
Employer
17 599
-
75 818
-
health
800
-
3 174
-
pensions
2 346
-
9 298
-
other
-
-
-
-
unemployment
558
-
2 211
-
total
3 704
-
14 683
-
Corporate
69 195
90 500
-
-
income
17 991
23 530
-
-
total
17 991
23 530
-
-
Dividends
51 204
66 970
-
-
withholding
7 681
10 045
-
-
total
7 681
10 045
-
-
Income
90 500
90 500
90 500
90 500
Total tax
35 236
33 575
50 850
47 654
After tax
55 264
56 925
39 650
42 846
Living cost
11 738
11 738
11 738
11 738
Free-cash
43 526
45 187
27 912
31 108

Estimated living cost  is ₴11738 per week

₴7087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1020
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.
₴3359
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴33490
₴32329
₴28968
₴24901
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
municipal
-
-
-
538
national
-
-
-
22 275
regional
-
-
-
1 364
social contributions
-
-
-
23 277
total
-
-
-
47 454
Employee
28 990
-
90 500
-
national
4 593
-
19 307
-
social contributions
9 776
-
30 517
-
municipal
154
-
480
-
regional
390
-
1 217
-
total
14 913
-
51 521
-
Employer
28 990
-
90 500
-
total
-
-
-
-
Corporate
61 510
90 500
-
-
municipal
3 058
4 498
-
-
nationa
14 763
21 720
-
-
total
17 821
26 218
-
-
Dividends
43 690
64 282
-
-
withholding
11 359
16 714
-
-
total
11 359
16 714
-
-
Income
90 500
90 500
90 500
90 500
Total tax
44 093
42 932
51 521
47 454
After tax
46 407
47 568
38 979
43 046
Living cost
14 078
14 078
14 078
14 078
Free-cash
32 329
33 490
24 901
28 968

Estimated living cost  is ₴14078 per week

₴8755
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1426
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴241
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3656
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴46252
₴40525
₴34545
₴30612
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
solidarity contribution
-
-
-
-
income
-
-
-
8 930
health
-
-
-
12 218
social contributions
-
-
-
18 750
total
-
-
-
39 898
Employee
23 612
-
68 300
-
social contributions
1 535
-
4 174
-
income
2 833
-
8 236
-
solidarity contribution
-
-
-
-
health
3 188
-
9 221
-
total
7 556
-
21 631
-
Employer
23 612
-
68 300
-
social contributions
5 903
-
16 053
-
health
2 125
-
6 147
-
total
8 028
-
22 200
-
Corporate
58 859
90 500
-
-
income
11 183
17 195
-
-
total
11 183
17 195
-
-
Dividends
47 676
73 305
-
-
withholding
7 151
10 996
-
-
total
7 151
10 996
-
-
Income
90 500
90 500
90 500
90 500
Total tax
33 918
28 191
43 831
39 898
After tax
56 582
62 309
46 669
50 602
Living cost
16 057
16 057
16 057
16 057
Free-cash
40 525
46 252
30 612
34 545

Estimated living cost  is ₴16057 per week

₴11941
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴889
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.
₴2949
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴33472
₴33212
₴29874
₴7363
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
unemployment
-
-
-
3 205
income
-
-
-
24 421
chamber of commerce
-
-
-
362
health
-
-
-
4 670
surtax
-
-
-
-
pensions
-
-
-
11 295
total
-
-
-
43 953
Employee
22 844
20 826
72 121
-
pensions
2 340
2 132
6 252
-
unemployment
685
625
1 832
-
income
2 035
1 536
19 493
-
other
228
208
611
-
health
884
806
2 362
-
total
6 172
5 307
30 550
-
Employer
22 844
20 826
72 121
-
chamber of commerce
91
83
289
-
health
864
787
2 308
-
payroll
685
625
2 164
-
pensions
2 867
2 614
7 662
-
surtax
-
-
-
-
accident
297
271
793
-
other
1 085
989
3 331
-
unemployment
685
625
1 832
-
total
6 574
5 994
18 379
-
Corporate
61 081
63 679
70 138
-
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.

15 271
15 920
17 535
-
total
15 271
15 920
17 535
-
Dividends
45 811
47 759
-
-
withholding
12 598
13 134
-
-
total
12 598
13 134
-
-
Income
90 500
90 500
90 500
90 500
Total tax
40 615
40 355
66 464
43 953
After tax
49 885
50 145
24 036
46 547
Living cost
16 673
16 673
16 673
16 673
Free-cash
33 212
33 472
7 363
29 874

Estimated living cost  is ₴16673 per week

₴10002
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1703
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴298
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4671
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴78911
₴77586
₴82531
₴65336
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
90 500
microenterprise

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

-
-
-
905
total
-
-
-
905
Employee
8 830
-
90 500
-
income
1 766
-
18 100
-
total
1 766
-
18 100
-
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%.

81 670
90 500
-
-
total
-
-
-
-
Dividends
81 670
90 500
-
-
withholding
4 084
4 525
-
-
total
4 084
4 525
-
-
Income
90 500
90 500
90 500
90 500
Total tax
5 850
4 525
18 100
905
After tax
84 650
85 975
72 400
89 595
Living cost
7 064
7 064
7 064
7 064
Free-cash
77 586
78 911
65 336
82 531

Estimated living cost  is ₴7064 per week

₴4780
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴297
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴237
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1750
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴48293
₴43921
₴30262
₴27864
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
90 500
unemployment
-
-
-
136
income
-
-
-
20 652
health
-
-
-
8 906
pensions
-
-
-
16 527
total
-
-
-
46 221
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.

23 110
-
78 308
-
pensions
3 582
-
12 138
-
unemployment
33
-
110
-
income
3 985
-
19 119
-
health
1 493
-
5 059
-
total
9 093
-
36 426
-
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.

23 110
-
78 308
-
health
1 539
-
5 216
-
pensions
2 045
-
6 930
-
unemployment
14
-
47
-
total
3 598
-
12 193
-
Corporate
63 792
90 500
-
-
income
12 121
17 195
-
-
total
12 121
17 195
-
-
Dividends
51 671
73 305
-
-
withholding
7 750
10 995
-
-
total
7 750
10 995
-
-
Income
90 500
90 500
90 500
90 500
Total tax
32 562
28 190
48 619
46 221
After tax
57 938
62 310
41 881
44 279
Living cost
14 017
14 017
14 017
14 017
Free-cash
43 921
48 293
27 864
30 262

Estimated living cost  is ₴14017 per week

₴9620
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴899
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴272
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3228
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴30449
₴3317
₴37932
₴58386
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
income
-
-
-
17 640
social contributions
-
-
-
10 317
total
-
-
-
27 957
Employee
35 289
-
-
-
social contributions
2 894
-
412
-
income
7 784
-
-
-
total
10 678
-
412
-
Employer
35 289
-
-
-
social contributions
49 758
-
7 091
-
total
49 758
-
7 091
-
Corporate
5 453
90 500
-
-
income
1 200
19 910
-
-
total
1 200
19 910
-
-
Dividends
4 253
70 590
-
-
income
936
15 530
-
-
total
936
15 530
-
-
Income
90 500
90 500
90 500
90 500
Total tax
62 572
35 440
7 503
27 957
After tax
27 928
55 060
82 997
62 543
Living cost
24 611
24 611
24 611
24 611
Free-cash
3 317
30 449
58 386
37 932

Estimated living cost  is ₴24611 per week

₴15969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2315
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴314
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴6014
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴35085
₴34559
₴32165
₴25313
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
90 500
income
-
-
-
10 494
surtax
-
-
-
-
social contributions

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

-
-
-
31 449
total
-
-
-
41 943
Employee
24 036
-
73 132
-
social contributions
2 644
-
8 045
-
income
4 999
-
23 382
-
surtax
-
-
-
-
total
7 643
-
31 427
-
Employer
24 036
-
73 132
-
social contributions
5 708
-
17 368
-
total
5 708
-
17 368
-
Corporate
60 756
90 500
-
-
income
12 759
19 005
-
-
surtax
-
-
-
-
total
12 759
19 005
-
-
Dividends
47 997
71 495
-
-
withholding
13 439
20 018
-
-
total
13 439
20 018
-
-
Income
90 500
90 500
90 500
90 500
Total tax
39 549
39 023
48 795
41 943
After tax
50 951
51 477
41 705
48 557
Living cost
16 392
16 392
16 392
16 392
Free-cash
34 559
35 085
25 313
32 165

Estimated living cost  is ₴16392 per week

₴12265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴967
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴274
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2887
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴20369
₴23963
₴25781
₴24659
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
income
-
-
-
14 028
health
-
-
-
3 779
surtax
-
-
-
-
pensions
-
-
-
16 286
other
-
-
-
2 806
social contributions
-
-
-
2 579
total
-
-
-
39 478
Employee
32 732
-
70 214
-
pensions
3 702
-
4 811
-
social contributions
932
-
2 000
-
income
2 856
-
13 503
-
surtax
-
-
-
-
total
7 490
-
20 314
-
Employer
32 732
-
70 214
-
social contributions
98
-
210
-
health
2 291
-
6 412
-
pensions
5 378
-
8 112
-
other
1 130
-
2 709
-
unemployment
1 326
-
2 843
-
total
10 223
-
20 286
-
Corporate
47 546
90 500
-
-
income
13 313
25 340
-
-
surtax
-
-
-
-
total
13 313
25 340
-
-
Dividends
34 232
65 160
-
-
social contributions
5 889
11 209
-
-
surtax
-
-
-
-
withholding
4 381
8 341
-
-
total
10 270
19 550
-
-
Income
90 500
90 500
90 500
90 500
Total tax
41 296
44 890
40 600
39 478
After tax
49 204
45 610
49 900
51 022
Living cost
25 241
25 241
25 241
25 241
Free-cash
23 963
20 369
24 659
25 781

Estimated living cost  is ₴25241 per week

₴17083
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2065
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴346
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5747
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴65741
₴63985
₴50996
₴53401
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
income
-
-
-
3 886
social contributions
-
-
-
19 909
total
-
-
-
23 795
Employee
16 801
-
78 354
-
social contributions
1 092
-
5 093
-
income
-
-
4 152
-
total
1 092
-
9 245
-
Employer
16 801
-
78 354
-
social contributions
2 604
-
12 145
-
total
2 604
-
12 145
-
Corporate
71 095
90 500
-
-
income
7 110
9 050
-
-
total
7 110
9 050
-
-
Dividends
63 985
81 450
-
-
total
-
-
-
-
Income
90 500
90 500
90 500
90 500
Total tax
10 806
9 050
21 390
23 795
After tax
79 694
81 450
69 110
66 705
Living cost
15 709
15 709
15 709
15 709
Free-cash
63 985
65 741
53 401
50 996

Estimated living cost  is ₴15709 per week

₴10157
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1184
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴296
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4072
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₴23152
-₴23152
₴28333
-₴23152
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
municipal
-
-
-
18 810
national
-
-
-
10 579
labour market
-
-
-
7 204
pensions
-
-
-
452
total
-
-
-
37 045
Employee
106 034
106 034
106 034
-
national
12 954
12 954
12 954
-
pensions
151
151
151
-
municipal
22 579
22 579
22 579
-
labour market
8 471
8 471
8 471
-
total
44 155
44 155
44 155
-
Employer
106 034
106 034
106 034
-
municipal
22 615
22 615
22 615
-
labour market
8 483
8 483
8 483
-
national
12 976
12 976
12 976
-
pensions
301
301
301
-
total
44 375
44 375
44 375
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
90 500
90 500
90 500
90 500
Total tax
88 530
88 530
88 530
37 045
After tax
1 970
1 970
1 970
53 455
Living cost
25 122
25 122
25 122
25 122
Free-cash
-23 152
-23 152
-23 152
28 333

Estimated living cost  is ₴25122 per week

₴17194
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴386
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₴3947
₴5599
₴50592
₴37839
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
accident
-
-
-
131
income
-
-
-
25 006
health
-
-
-
1 135
pensions
-
-
-
2 165
other
-
-
-
193
total
-
-
-
28 630
Employee
17 741
-
81 413
-
pensions
1 998
-
3 970
-
income
2 434
-
19 004
-
health
2 032
-
9 322
-
total
6 464
-
32 296
-
Employer
17 741
-
81 413
-
pensions
2 885
-
5 732
-
accident
296
-
1 360
-
unemployment
435
-
1 995
-
total
3 616
-
9 087
-
Corporate
69 143
90 500
-
-
income

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

62 229
81 450
-
-
total
62 229
81 450
-
-
Dividends
6 914
9 050
-
-
withholding
1 314
1 719
-
-
total
1 314
1 719
-
-
Income
90 500
90 500
90 500
90 500
Total tax
73 623
83 169
41 383
28 630
After tax
16 877
7 331
49 117
61 870
Living cost
11 278
11 278
11 278
11 278
Free-cash
5 599
-3 947
37 839
50 592

Estimated living cost  is ₴11278 per week

₴8209
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴212
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴36742
₴38018
₴38535
₴27511
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
90 500
municipal
-
-
-
16 078
national
-
-
-
14 648
health
-
-
-
1 175
total
-
-
-
31 901
Employee
27 495
-
76 134
-
national
454
-
8 922
-
pensions
1 856
-
5 139
-
unemployment
413
-
1 142
-
municipal
4 503
-
12 402
-
health
205
-
954
-
total
7 431
-
28 559
-
Employer
27 495
-
76 134
-
health
211
-
586
-
pensions
4 770
-
13 209
-
accident
28
-
76
-
unemployment
179
-
495
-
total
5 188
-
14 366
-
Corporate
57 817
90 500
-
-
income
11 564
18 100
-
-
total
11 564
18 100
-
-
Dividends

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

34 690
54 300
-
-
municipal
6 244
9 774
-
-
national
1 991
5 820
-
-
total
8 235
15 594
-
-
Income
90 500
90 500
90 500
90 500
Total tax
32 418
33 694
42 925
31 901
After tax
58 082
56 806
47 575
58 599
Living cost
20 064
20 064
20 064
20 064
Free-cash
38 018
36 742
27 511
38 535

Estimated living cost  is ₴20064 per week

₴13106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1930
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴319
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4710
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴53925
₴51082
₴49834
₴49034
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
income
-
-
-
17 802
health
-
-
-
2 308
social contributions
-
-
-
8 456
total
-
-
-
28 566
Employee
40 186
40 186
84 439
-
social contributions
1 519
3 335
4 499
-
income
4 376
3 720
17 371
-
health
311
683
1 435
-
total
6 206
7 738
23 305
-
Employer
40 186
40 186
84 439
-
social contributions
1 519
3 335
4 499
-
health
338
744
1 562
-
total
1 857
4 079
6 061
-
Corporate
70 336
46 235
-
-
income
8 792
5 780
-
-
total
8 792
5 780
-
-
Dividends
61 545
40 455
-
-
withholding
10 463
6 878
-
-
total
10 463
6 878
-
-
Income
90 500
90 500
90 500
90 500
Total tax
27 318
24 475
29 366
28 566
After tax
63 182
66 025
61 134
61 934
Living cost
12 100
12 100
12 100
12 100
Free-cash
51 082
53 925
49 034
49 834

Estimated living cost  is ₴12100 per week

₴7252
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1187
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴268
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3394
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴66646
₴63986
₴67779
₴57296
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
90 500
unemployment
-
-
-
15
income
-
-
-
9 194
health
-
-
-
1 891
pensions
-
-
-
3 324
total
-
-
-
14 424
Employee

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

11 996
-
85 393
-
pensions
1 799
-
7 438
-
unemployment
60
-
248
-
income
820
-
7 899
-
health
1 020
-
4 215
-
total
3 699
-
19 800
-
Employer

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

11 996
-
85 393
-
health
516
-
2 132
-
pensions
660
-
2 727
-
unemployment
60
-
248
-
total
1 236
-
5 107
-
Corporate
77 270
90 500
-
-
income
6 954
8 145
-
-
total
6 954
8 145
-
-
Dividends
70 316
82 355
-
-
withholding
6 328
7 412
-
-
total
6 328
7 412
-
-
Income
90 500
90 500
90 500
90 500
Total tax
18 217
15 557
24 907
14 424
After tax
72 283
74 943
65 593
76 076
Living cost
8 297
8 297
8 297
8 297
Free-cash
63 986
66 646
57 296
67 779

Estimated living cost  is ₴8297 per week

₴5294
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴598
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.
₴2158
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴45972
₴43664
₴36435
₴34241
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
unemployment
-
-
-
339
accident
-
-
-
436
income
-
-
-
25 162
pensions
-
-
-
13 708
other
-
-
-
49
total
-
-
-
39 694
Employee
19 324
-
75 058
-
pensions
908
-
2 277
-
unemployment
300
-
751
-
income
3 725
-
23 368
-
other
19
-
49
-
total
4 952
-
26 445
-
Employer
19 324
-
75 058
-
pensions
4 560
-
11 432
-
accident
383
-
959
-
other
155
-
388
-
unemployment
1 063
-
2 664
-
total
6 161
-
15 443
-
Corporate
65 016
90 500
-
-
income

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

9 753
13 575
-
-
total
9 753
13 575
-
-
Dividends
55 263
76 925
-
-
withholding
11 599
16 582
-
-
total
11 599
16 582
-
-
Income
90 500
90 500
90 500
90 500
Total tax
32 465
30 157
41 888
39 694
After tax
58 035
60 343
48 612
50 806
Living cost
14 371
14 371
14 371
14 371
Free-cash
43 664
45 972
34 241
36 435

Estimated living cost  is ₴14371 per week

₴9700
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1381
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.
₴3038
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴55591
₴55446
₴57426
₴57364
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
income
-
-
-
31 084
health
-
-
-
466
pensions
-
-
-
643
total
-
-
-
32 193
Employee
1 342
-
89 777
-
pensions
121
-
289
-
unemployment
13
-
32
-
income
260
-
31 050
-
health
67
-
161
-
total
461
-
31 532
-
Employer
1 342
-
89 777
-
health
128
-
305
-
pensions
148
-
354
-
unemployment
27
-
64
-
total
303
-
723
-
Corporate
88 856
90 500
-
-
income
19 548
19 910
-
-
total
19 548
19 910
-
-
Dividends
69 307
70 590
-
-
withholding
13 861
14 118
-
-
total
13 861
14 118
-
-
Income
90 500
90 500
90 500
90 500
Total tax
34 173
34 028
32 255
32 193
After tax
56 327
56 472
58 245
58 307
Living cost
881
881
881
881
Free-cash
55 446
55 591
57 364
57 426

Estimated living cost  is ₴881 per week

₴524
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴71
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴20
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴266
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴56348
₴53777
₴46422
₴46420
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
90 500
unemployment
-
-
-
579
income
-
-
-
20 442
health
-
-
-
3 978
pensions
-
-
-
10 041
total
-
-
-
35 040
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.

13 628
-
83 587
-
pensions
1 908
-
5 407
-
unemployment
102
-
290
-
income
1 879
-
20 442
-
health
702
-
1 989
-
total
4 591
-
28 128
-
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.

13 628
-
83 587
-
health
702
-
1 989
-
pensions
1 635
-
4 635
-
unemployment
102
-
290
-
total
2 439
-
6 914
-
Corporate
74 433
90 500
-
-
income
11 165
13 575
-
-
total
11 165
13 575
-
-
Dividends
63 268
76 925
-
-
withholding
9 490
11 539
-
-
total
9 490
11 539
-
-
Income
90 500
90 500
90 500
90 500
Total tax
27 685
25 114
35 042
35 040
After tax
62 815
65 386
55 458
55 460
Living cost
9 038
9 038
9 038
9 038
Free-cash
53 777
56 348
46 420
46 422

Estimated living cost  is ₴9038 per week

₴6085
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴699
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.
₴1992
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴37388
₴37200
₴34468
₴27616
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
90 500
income
-
-
-
10 494
surtax
-
-
-
-
social contributions

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

-
-
-
31 449
total
-
-
-
41 943
Employee
20 283
-
73 132
-
social contributions
2 231
-
8 045
-
income
3 963
-
23 382
-
surtax
-
-
-
-
total
6 194
-
31 427
-
Employer
20 283
-
73 132
-
social contributions
4 817
-
17 368
-
total
4 817
-
17 368
-
Corporate
65 400
90 500
-
-
income
13 734
19 005
-
-
surtax
-
-
-
-
total
13 734
19 005
-
-
Dividends
51 666
71 495
-
-
withholding
14 466
20 018
-
-
total
14 466
20 018
-
-
Income
90 500
90 500
90 500
90 500
Total tax
39 211
39 023
48 795
41 943
After tax
51 289
51 477
41 705
48 557
Living cost
14 089
14 089
14 089
14 089
Free-cash
37 200
37 388
27 616
34 468

Estimated living cost  is ₴14089 per week

₴9979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴979
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.
₴2882
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴41976
₴38537
₴32439
₴30245
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
unemployment
-
-
-
339
accident
-
-
-
436
income
-
-
-
25 162
pensions
-
-
-
13 708
other
-
-
-
49
total
-
-
-
39 694
Employee
25 239
-
75 058
-
pensions
1 186
-
2 277
-
unemployment
391
-
751
-
income
5 272
-
23 368
-
other
25
-
49
-
total
6 874
-
26 445
-
Employer
25 239
-
75 058
-
pensions
5 956
-
11 432
-
accident
500
-
959
-
other
202
-
388
-
unemployment
1 388
-
2 664
-
total
8 046
-
15 443
-
Corporate
57 214
90 500
-
-
income

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

8 582
13 575
-
-
total
8 582
13 575
-
-
Dividends
48 631
76 925
-
-
withholding
10 094
16 582
-
-
total
10 094
16 582
-
-
Income
90 500
90 500
90 500
90 500
Total tax
33 596
30 157
41 888
39 694
After tax
56 904
60 343
48 612
50 806
Living cost
18 367
18 367
18 367
18 367
Free-cash
38 537
41 976
30 245
32 439

Estimated living cost  is ₴18367 per week

₴13190
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1428
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴259
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3490
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴68368
₴65177
₴63032
₴66563
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
unemployment
-
-
-
73
income
-
-
-
13 575
health
-
-
-
2 104
pensions

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

-
-
-
2 707
total
-
-
-
18 459
Employee
11 929
-
86 911
-
pensions

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

1 047
-
1 606
-
income
1 193
-
8 691
-
health
549
-
841
-
accident

We are using the highest rate at 1.1%.

131
-
201
-
total
2 920
-
11 339
-
Employer
11 929
-
86 911
-
health
823
-
1 262
-
pensions

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

1 315
-
2 016
-
accident

We are using the highest rate at 1.1%.

131
-
201
-
unemployment
72
-
110
-
total
2 341
-
3 589
-
Corporate
76 231
90 500
-
-
income
7 623
9 050
-
-
total
7 623
9 050
-
-
Dividends
68 608
81 450
-
-
withholding
3 430
4 073
-
-
total
3 430
4 073
-
-
Income
90 500
90 500
90 500
90 500
Total tax
16 314
13 123
14 928
18 459
After tax
74 186
77 377
75 572
72 041
Living cost
9 009
9 009
9 009
9 009
Free-cash
65 177
68 368
66 563
63 032

Estimated living cost  is ₴9009 per week

₴5958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴516
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.
₴2320
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴26402
₴33239
₴27923
₴37423
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
90 500
trade
-
-
-
9 500
income

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

-
-
-
27 802
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.

-
-
-
3 570
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.

-
-
-
1 529
total
-
-
-
42 401
Employee

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

26 003
-
90 500
-
income

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

2 138
-
27 802
-
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.

118
-
1 529
-
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.

3 570
-
3 570
-
total
5 826
-
32 901
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
64 497
90 500
-
-
income
9 674
13 575
-
-
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.

533
747
-
-
trade
9 255
12 987
-
-
chamber of commerce
174
212
-
-
total
19 636
27 521
-
-
Dividends
44 862
62 979
-
-
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.

606
855
-
-
withholding
11 017
15 546
-
-
total
11 623
16 401
-
-
Income
90 500
90 500
90 500
90 500
Total tax
37 085
43 922
32 901
42 401
After tax
53 415
46 578
57 599
48 099
Living cost
20 176
20 176
20 176
20 176
Free-cash
33 239
26 402
37 423
27 923

Estimated living cost  is ₴20176 per week

₴13918
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2171
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴293
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3794
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴33580
₴34734
₴18106
₴18106
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
income
-
-
-
27 562
social contributions
-
-
-
15 062
total
-
-
-
42 624
Employee
40 879
-
90 500
-
social contributions
3 396
-
15 062
-
income
7 714
-
27 562
-
total
11 110
-
42 624
-
Employer
40 879
-
90 500
-
total
-
-
-
-
Corporate
49 621
90 500
-
-
income
6 202
11 313
-
-
total
6 202
11 313
-
-
Dividends
43 419
79 187
-
-
withholding
8 684
15 837
-
-
total
8 684
15 837
-
-
Income
90 500
90 500
90 500
90 500
Total tax
25 996
27 150
42 624
42 624
After tax
64 504
63 350
47 876
47 876
Living cost
29 770
29 770
29 770
29 770
Free-cash
34 734
33 580
18 106
18 106

Estimated living cost  is ₴29770 per week

₴22648
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2426
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴285
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4411
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴37093
₴38920
₴53435
₴45471
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
90 500
income
-
-
-
14 876
health

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

-
-
-
3 218
total
-
-
-
18 094
Employee
23 974
-
88 096
-
social contributions
2 402
-
2 404
-
income
2 601
-
21 250
-
total
5 003
-
23 654
-
Employer
23 974
-
88 096
-
social contributions
2 402
-
2 404
-
total
2 402
-
2 404
-
Corporate
64 124
90 500
-
-
income
22 443
31 675
-
-
total
22 443
31 675
-
-
Dividends
41 681
58 825
-
-
social contributions
2 761
2 761
-
-
total
2 761
2 761
-
-
Income
90 500
90 500
90 500
90 500
Total tax
32 609
34 436
26 058
18 094
After tax
57 891
56 064
64 442
72 406
Living cost
18 971
18 971
18 971
18 971
Free-cash
38 920
37 093
45 471
53 435

Estimated living cost  is ₴18971 per week

₴12496
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1496
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴291
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4688
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴39946
₴43058
₴40652
₴32449
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
income
-
-
-
25 649
pensions
-
-
-
4 686
total
-
-
-
30 335
Employee
26 785
-
79 075
-
pensions
2 044
-
5 778
-
income
4 878
-
20 180
-
health
349
-
1 155
-
total
7 271
-
27 113
-
Employer
26 785
-
79 075
-
health
509
-
1 503
-
pensions
2 706
-
9 922
-
total
3 215
-
11 425
-
Corporate
60 500
90 500
-
-
income

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

11 496
17 195
-
-
total
11 496
17 195
-
-
Dividends
49 004
73 305
-
-
withholding
5 947
13 846
-
-
total
5 947
13 846
-
-
Income
90 500
90 500
90 500
90 500
Total tax
27 929
31 041
38 538
30 335
After tax
62 571
59 459
51 962
60 165
Living cost
19 513
19 513
19 513
19 513
Free-cash
43 058
39 946
32 449
40 652

Estimated living cost  is ₴19513 per week

₴13386
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1794
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.
₴4088
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₴5064
₴5430
₴49475
₴36722
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
accident
-
-
-
131
income
-
-
-
25 006
health
-
-
-
1 135
pensions
-
-
-
2 165
other
-
-
-
193
total
-
-
-
28 630
Employee
19 498
-
81 413
-
pensions
2 195
-
3 970
-
income
2 675
-
19 004
-
health
2 232
-
9 322
-
total
7 102
-
32 296
-
Employer
19 498
-
81 413
-
pensions
3 170
-
5 732
-
accident
326
-
1 360
-
unemployment
478
-
1 995
-
total
3 974
-
9 087
-
Corporate
67 029
90 500
-
-
income

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

60 326
81 450
-
-
total
60 326
81 450
-
-
Dividends
6 703
9 050
-
-
withholding
1 273
1 719
-
-
total
1 273
1 719
-
-
Income
90 500
90 500
90 500
90 500
Total tax
72 675
83 169
41 383
28 630
After tax
17 825
7 331
49 117
61 870
Living cost
12 395
12 395
12 395
12 395
Free-cash
5 430
-5 064
36 722
49 475

Estimated living cost  is ₴12395 per week

₴9096
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴722
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.
₴2326
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴69086
₴66637
₴45515
₴57025
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
90 500
unemployment
-
-
-
1 004
health insurance
-
-
-
6 194
income
-
-
-
14 896
work injury
-
-
-
419
pensions
-
-
-
15 402
total
-
-
-
37 915
Employee

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

11 312
-
90 500
-
work injury
57
-
209
-
pensions
2 081
-
7 701
-
unemployment
136
-
502
-
income
1 131
-
14 896
-
health insurance
837
-
3 097
-
total
4 242
-
26 405
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
79 188
90 500
-
-
income

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

792
905
-
-
total
792
905
-
-
Dividends
78 396
89 595
-
-
withholding
11 759
13 439
-
-
total
11 759
13 439
-
-
Income
90 500
90 500
90 500
90 500
Total tax
16 793
14 344
26 405
37 915
After tax
73 707
76 156
64 095
52 585
Living cost
7 070
7 070
7 070
7 070
Free-cash
66 637
69 086
57 025
45 515

Estimated living cost  is ₴7070 per week

₴4380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴514
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴221
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴26851
₴24474
₴21453
₴17480
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
municipal
-
-
-
605
national
-
-
-
22 275
regional
-
-
-
2 071
social contributions
-
-
-
23 277
total
-
-
-
48 228
Employee
44 038
-
90 500
-
national
7 442
-
19 307
-
social contributions
14 849
-
30 517
-
municipal
263
-
540
-
regional
665
-
1 837
-
total
23 219
-
52 201
-
Employer
44 038
-
90 500
-
total
-
-
-
-
Corporate
46 462
90 500
-
-
municipal
2 239
4 362
-
-
nationa
11 151
21 720
-
-
total
13 390
26 082
-
-
Dividends
33 072
64 418
-
-
withholding
8 598
16 748
-
-
total
8 598
16 748
-
-
Income
90 500
90 500
90 500
90 500
Total tax
45 207
42 830
52 201
48 228
After tax
45 293
47 670
38 299
42 272
Living cost
20 819
20 819
20 819
20 819
Free-cash
24 474
26 851
17 480
21 453

Estimated living cost  is ₴20819 per week

₴14624
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1432
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴314
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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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