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
₴30068
₴41907
₴35756
₴31419
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
3 513
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.

-
-
-
27 965
trade
-
-
-
10 488
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.

-
-
-
1 538
total
-
-
-
43 504
Employee

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

19 670
-
90 500
-
surtax

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

30
-
1 538
-
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.

549
-
27 965
-
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.

3 513
-
3 513
-
total
4 092
-
33 016
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
70 830
90 500
-
-
trade
11 156
14 253
-
-
chamber of commerce
180
208
-
-
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.

585
747
-
-
income
10 625
13 575
-
-
total
22 546
28 783
-
-
Dividends
48 285
61 717
-
-
withholding
11 876
15 234
-
-
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.

653
838
-
-
total
12 529
16 072
-
-
Income
90 500
90 500
90 500
90 500
Total tax
39 167
44 855
33 016
43 504
After tax
51 333
45 645
57 484
46 996
Living cost
15 577
15 577
15 577
15 577
Free-cash
35 756
30 068
41 907
31 419

Estimated living cost  is ₴15577 per week

₴9798
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1816
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.
₴3671
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴29239
₴26942
₴28787
₴26231
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
973
national
-
-
-
15 318
pensions
-
-
-
10 860
municipal
-
-
-
9 885
total
-
-
-
37 036
Employee
42 217
-
78 236
-
national
8 080
-
15 861
-
municipal
5 214
-
10 235
-
pensions
1 689
-
3 129
-
total
14 983
-
29 225
-
Employer
42 217
-
78 236
-
pensions
3 377
-
6 259
-
social contributions
454
-
841
-
total
3 831
-
7 100
-
Corporate
41 666
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%.

8 333
18 100
-
-
total
8 333
18 100
-
-
Dividends
33 333
72 400
-
-
withholding
7 333
15 928
-
-
total
7 333
15 928
-
-
Income
90 500
90 500
90 500
90 500
Total tax
34 480
34 028
36 325
37 036
After tax
56 020
56 472
54 175
53 464
Living cost
27 233
27 233
27 233
27 233
Free-cash
28 787
29 239
26 942
26 231

Estimated living cost  is ₴27233 per week

₴18510
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2532
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5784
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴61701
₴27323
₴57482
₴20523
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
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.

-
-
-
19 704
income
-
-
-
16 496
surtax
-
-
-
23 078
total
-
-
-
59 278
Employee
15 027
-
68 230
-
surtax
-
-
9 893
-
income
2 675
-
13 573
-
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.

1 653
-
6 742
-
total
4 328
-
30 208
-
Employer
15 027
-
68 230
-
surtax
-
-
7 505
-
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.

3 620
-
14 765
-
total
3 620
-
22 270
-
Corporate
71 853
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%.

14 371
18 100
-
-
total
14 371
18 100
-
-
Dividends

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

57 482
72 400
-
-
total
-
-
-
-
Income
90 500
90 500
90 500
90 500
Total tax
22 319
18 100
52 478
59 278
After tax
68 181
72 400
38 022
31 222
Living cost
10 699
10 699
10 699
10 699
Free-cash
57 482
61 701
27 323
20 523

Estimated living cost  is ₴10699 per week

₴6826
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1019
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴243
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2612
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴23261
₴34988
₴20110
₴28425
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
6 342
income
-
-
-
28 164
pensions
-
-
-
6 025
total
-
-
-
40 531
Employee
43 917
43 917
80 943
-
income

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

7 188
7 188
12 044
-
pensions
7 905
6 025
6 025
-
health
6 741
5 734
6 342
-
total
21 834
18 947
24 411
-
Employer
43 917
43 917
80 943
-
unemployment
1 581
1 581
1 965
-
pensions
3 057
3 057
3 799
-
health
3 053
3 053
3 793
-
total
7 691
7 691
9 557
-
Corporate
39 432
38 893
-
-
income
7 886
7 778
-
-
total
7 886
7 778
-
-
Dividends
31 545
31 115
-
-
withholding
4 731
4 667
-
-
income
6 704
6 612
-
-
total
11 435
11 279
-
-
Income
90 500
90 500
90 500
90 500
Total tax
48 846
45 695
33 968
40 531
After tax
41 654
44 805
56 532
49 969
Living cost
21 544
21 544
21 544
21 544
Free-cash
20 110
23 261
34 988
28 425

Estimated living cost  is ₴21544 per week

₴15267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1942
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴343
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3992
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴27947
₴24747
₴27466
₴25267
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 936
national
-
-
-
7 214
pensions
-
-
-
5 086
unemployment
-
-
-
47
other
-
-
-
5 467
accident
-
-
-
94
municipal
-
-
-
22 923
total
-
-
-
43 767
Employee
30 587
-
75 718
-
national
-
-
6 926
-
municipal
9 121
-
22 579
-
total
9 121
-
29 505
-
Employer
30 587
-
75 718
-
unemployment
807
-
1 242
-
pensions
3 306
-
5 086
-
accident
61
-
94
-
other
3 554
-
5 467
-
health
1 881
-
2 893
-
total
9 609
-
14 782
-
Corporate
50 303
90 500
-
-
income
11 067
19 910
-
-
total
11 067
19 910
-
-
Dividends
39 236
70 590
-
-
withholding
11 771
21 177
-
-
total
11 771
21 177
-
-
Income
90 500
90 500
90 500
90 500
Total tax
41 568
41 087
44 287
43 767
After tax
48 932
49 413
46 213
46 733
Living cost
21 466
21 466
21 466
21 466
Free-cash
27 466
27 947
24 747
25 267

Estimated living cost  is ₴21466 per week

₴14227
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2106
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴326
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4807
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴24975
₴37281
₴32201
₴26327
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
3 513
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.

-
-
-
27 965
trade
-
-
-
10 954
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.

-
-
-
1 538
total
-
-
-
43 970
Employee

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

26 080
-
90 500
-
surtax

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

123
-
1 538
-
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.

2 241
-
27 965
-
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.

3 513
-
3 513
-
total
5 877
-
33 016
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
64 420
90 500
-
-
trade
10 598
14 887
-
-
chamber of commerce
170
207
-
-
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
747
-
-
income
9 663
13 575
-
-
total
20 963
29 416
-
-
Dividends
43 458
61 085
-
-
withholding
10 669
15 076
-
-
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.

587
830
-
-
total
11 256
15 906
-
-
Income
90 500
90 500
90 500
90 500
Total tax
38 096
45 322
33 016
43 970
After tax
52 404
45 178
57 484
46 530
Living cost
20 203
20 203
20 203
20 203
Free-cash
32 201
24 975
37 281
26 327

Estimated living cost  is ₴20203 per week

₴13512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2130
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.
₴4259
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴49341
₴44385
₴47207
₴45181
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 308
social contributions
-
-
-
8 321
income
-
-
-
18 010
total
-
-
-
28 639
Employee
39 545
39 545
84 510
-
income
4 153
3 661
17 581
-
social contributions
1 922
3 282
4 427
-
health
393
672
1 437
-
total
6 468
7 615
23 445
-
Employer
39 545
39 545
84 510
-
social contributions
1 922
3 282
4 427
-
health
428
732
1 563
-
total
2 350
4 014
5 990
-
Corporate
65 002
46 941
-
-
income
8 126
5 867
-
-
total
8 126
5 867
-
-
Dividends
56 877
41 074
-
-
withholding
9 669
6 983
-
-
total
9 669
6 983
-
-
Income
90 500
90 500
90 500
90 500
Total tax
26 613
24 479
29 435
28 639
After tax
63 887
66 021
61 065
61 861
Living cost
16 680
16 680
16 680
16 680
Free-cash
47 207
49 341
44 385
45 181

Estimated living cost  is ₴16680 per week

₴11403
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1303
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴280
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3695
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴41475
₴43102
₴41673
₴53331
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
6 335
income
-
-
-
11 064
pensions
-
-
-
9 050
unemployment
-
-
-
1 358
total
-
-
-
27 807
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.

13 515
5 379
75 732
-
unemployment
203
81
1 136
-
income
1 652
658
9 258
-
pensions
1 351
538
7 573
-
health
946
377
5 301
-
total
4 152
1 654
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.

13 515
5 379
75 732
-
pensions
2 635
1 049
14 768
-
total
2 635
1 049
14 768
-
Corporate
74 350
84 072
-
-
income
6 691
7 567
-
-
total
6 691
7 567
-
-
Dividends
67 658
76 506
-
-
withholding
12 855
14 536
-
-
social contributions
13 132
14 857
-
-
total
25 987
29 393
-
-
Income
90 500
90 500
90 500
90 500
Total tax
39 465
39 663
38 036
27 807
After tax
51 035
50 837
52 464
62 693
Living cost
9 362
9 362
9 362
9 362
Free-cash
41 673
41 475
43 102
53 331

Estimated living cost  is ₴9362 per week

₴6389
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴187
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴59978
₴39742
₴56784
₴36086
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 765
income
-
-
-
12 127
pensions
-
-
-
18 100
total
-
-
-
41 992
Employee
14 589
-
67 639
-
unemployment
233
-
1 082
-
income
1 642
-
13 040
-
pensions
292
-
1 353
-
total
2 167
-
15 475
-
Employer
14 589
-
67 639
-
unemployment
117
-
541
-
pensions
2 918
-
13 527
-
health
1 896
-
8 793
-
total
4 931
-
22 861
-
Corporate
70 980
90 500
-
-
income
14 196
18 100
-
-
total
14 196
18 100
-
-
Dividends
56 784
72 400
-
-
total
-
-
-
-
Income
90 500
90 500
90 500
90 500
Total tax
21 294
18 100
38 336
41 992
After tax
69 206
72 400
52 164
48 508
Living cost
12 422
12 422
12 422
12 422
Free-cash
56 784
59 978
39 742
36 086

Estimated living cost  is ₴12422 per week

₴8520
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴740
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.
₴2912
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₴4053
₴37754
₴5584
₴50485
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
1 128
income
-
-
-
25 028
pensions
-
-
-
2 153
other
-
-
-
192
accident
-
-
-
131
total
-
-
-
28 632
Employee
17 906
-
81 444
-
income
2 456
-
19 036
-
pensions
2 016
-
3 947
-
health
2 050
-
9 325
-
total
6 522
-
32 308
-
Employer
17 906
-
81 444
-
unemployment
439
-
1 995
-
pensions
2 912
-
5 700
-
accident
299
-
1 360
-
total
3 650
-
9 055
-
Corporate
68 945
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.

62 051
81 450
-
-
total
62 051
81 450
-
-
Dividends
6 895
9 050
-
-
withholding
1 310
1 720
-
-
total
1 310
1 720
-
-
Income
90 500
90 500
90 500
90 500
Total tax
73 533
83 170
41 363
28 632
After tax
16 967
7 330
49 137
61 868
Living cost
11 383
11 383
11 383
11 383
Free-cash
5 584
-4 053
37 754
50 485

Estimated living cost  is ₴11383 per week

₴8343
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴631
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴238
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2172
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴81710
₴68135
₴80911
₴85330
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
5 331
-
90 500
-
income
1 066
-
18 100
-
total
1 066
-
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%.

85 169
90 500
-
-
total
-
-
-
-
Dividends
85 169
90 500
-
-
withholding
4 258
4 525
-
-
total
4 258
4 525
-
-
Income
90 500
90 500
90 500
90 500
Total tax
5 324
4 525
18 100
905
After tax
85 176
85 975
72 400
89 595
Living cost
4 265
4 265
4 265
4 265
Free-cash
80 911
81 710
68 135
85 330

Estimated living cost  is ₴4265 per week

₴2643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴355
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴117
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1150
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴52787
₴37590
₴49315
₴36905
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 441
income
-
-
-
13 968
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.

-
-
-
18 769
other
-
-
-
3 714
total
-
-
-
39 892
Employee
18 673
-
72 284
-
unemployment
186
-
723
-
income
3 215
-
14 196
-
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.

1 307
-
5 060
-
health
262
-
1 012
-
total
4 970
-
20 991
-
Employer
18 673
-
72 284
-
unemployment
186
-
723
-
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.

3 175
-
12 288
-
accident
149
-
579
-
other
934
-
3 614
-
health
262
-
1 012
-
total
4 706
-
18 216
-
Corporate
67 121
90 500
-
-
income
14 095
19 005
-
-
total
14 095
19 005
-
-
Dividends
53 026
71 495
-
-
withholding
3 711
5 005
-
-
total
3 711
5 005
-
-
Income
90 500
90 500
90 500
90 500
Total tax
27 482
24 010
39 207
39 892
After tax
63 018
66 490
51 293
50 608
Living cost
13 703
13 703
13 703
13 703
Free-cash
49 315
52 787
37 590
36 905

Estimated living cost  is ₴13703 per week

₴9682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴925
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴2875
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴24916
₴17501
₴26453
₴25693
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 880
pensions
-
-
-
4 618
total
-
-
-
30 498
Employee
48 542
-
79 055
-
income
8 750
-
20 419
-
pensions
4 683
-
5 680
-
health
800
-
1 146
-
total
14 233
-
27 245
-
Employer
48 542
-
79 055
-
pensions
5 731
-
9 942
-
health
922
-
1 503
-
total
6 653
-
11 445
-
Corporate
35 305
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.

6 708
17 195
-
-
total
6 708
17 195
-
-
Dividends
28 597
73 305
-
-
withholding
2 144
14 080
-
-
total
2 144
14 080
-
-
Income
90 500
90 500
90 500
90 500
Total tax
29 738
31 275
38 690
30 498
After tax
60 762
59 225
51 810
60 002
Living cost
34 309
34 309
34 309
34 309
Free-cash
26 453
24 916
17 501
25 693

Estimated living cost  is ₴34309 per week

₴25708
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴4031
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴279
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4291
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴70651
₴68963
₴68266
₴65412
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 061
income
-
-
-
13 575
pensions

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

-
-
-
2 653
unemployment
-
-
-
72
total
-
-
-
18 361
Employee
8 908
-
86 984
-
income
891
-
8 698
-
accident

We are using the highest rate at 1.1%.

98
-
197
-
pensions

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

782
-
1 574
-
health
410
-
824
-
total
2 181
-
11 293
-
Employer
8 908
-
86 984
-
unemployment
53
-
108
-
pensions

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

982
-
1 975
-
accident

We are using the highest rate at 1.1%.

98
-
197
-
health
615
-
1 237
-
total
1 748
-
3 517
-
Corporate
79 844
90 500
-
-
income
7 985
9 050
-
-
total
7 985
9 050
-
-
Dividends
71 860
81 450
-
-
withholding
3 593
4 072
-
-
total
3 593
4 072
-
-
Income
90 500
90 500
90 500
90 500
Total tax
15 507
13 122
14 810
18 361
After tax
74 993
77 378
75 690
72 139
Living cost
6 727
6 727
6 727
6 727
Free-cash
68 266
70 651
68 963
65 412

Estimated living cost  is ₴6727 per week

₴3928
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴480
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴178
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2141
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴16288
₴28015
₴17582
₴21452
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
6 342
income
-
-
-
28 164
pensions
-
-
-
6 025
total
-
-
-
40 531
Employee
47 680
43 917
80 943
-
income

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

7 188
7 188
12 044
-
pensions
6 025
6 025
6 025
-
health
5 948
5 734
6 342
-
total
19 161
18 947
24 411
-
Employer
47 680
43 917
80 943
-
unemployment
1 717
1 581
1 965
-
pensions
3 318
3 057
3 799
-
health
3 313
3 053
3 793
-
total
8 348
7 691
9 557
-
Corporate
34 472
38 893
-
-
income
6 895
7 778
-
-
total
6 895
7 778
-
-
Dividends
27 577
31 115
-
-
withholding
4 137
4 667
-
-
income
5 860
6 612
-
-
total
9 997
11 279
-
-
Income
90 500
90 500
90 500
90 500
Total tax
44 401
45 695
33 968
40 531
After tax
46 099
44 805
56 532
49 969
Living cost
28 517
28 517
28 517
28 517
Free-cash
17 582
16 288
28 015
21 452

Estimated living cost  is ₴28517 per week

₴21036
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2547
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴327
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4607
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴49621
₴34359
₴45095
₴38332
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
12 218
social contributions
-
-
-
18 258
income
-
-
-
9 004
solidarity contribution
-
-
-
-
total
-
-
-
39 480
Employee
18 659
-
68 686
-
income
2 239
-
8 302
-
solidarity contribution
-
-
-
-
social contributions
1 213
-
4 064
-
health
2 519
-
9 273
-
total
5 971
-
21 639
-
Employer
18 659
-
68 686
-
social contributions
4 665
-
15 632
-
health
1 679
-
6 182
-
total
6 344
-
21 814
-
Corporate
65 496
90 500
-
-
income
12 444
17 195
-
-
total
12 444
17 195
-
-
Dividends
53 052
73 305
-
-
withholding
7 958
10 996
-
-
total
7 958
10 996
-
-
Income
90 500
90 500
90 500
90 500
Total tax
32 717
28 191
43 453
39 480
After tax
57 783
62 309
47 047
51 020
Living cost
12 688
12 688
12 688
12 688
Free-cash
45 095
49 621
34 359
38 332

Estimated living cost  is ₴12688 per week

₴8814
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴903
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.
₴2723
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴26585
₴17469
₴23900
₴21558
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
23 277
national
-
-
-
22 359
regional
-
-
-
1 068
municipal
-
-
-
538
total
-
-
-
47 242
Employee
45 705
-
90 500
-
regional
431
-
943
-
national
7 920
-
19 392
-
municipal
242
-
480
-
social contributions
15 412
-
30 516
-
total
24 005
-
51 331
-
Employer
45 705
-
90 500
-
total
-
-
-
-
Corporate
44 795
90 500
-
-
nationa
10 751
21 720
-
-
municipal
1 747
3 530
-
-
total
12 498
25 250
-
-
Dividends
32 297
65 250
-
-
withholding
8 397
16 965
-
-
total
8 397
16 965
-
-
Income
90 500
90 500
90 500
90 500
Total tax
44 900
42 215
51 331
47 242
After tax
45 600
48 285
39 169
43 258
Living cost
21 700
21 700
21 700
21 700
Free-cash
23 900
26 585
17 469
21 558

Estimated living cost  is ₴21700 per week

₴15127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1423
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴333
Clothing and shoes. We estimate one pair of shoes and 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 Milan model

Close
Thessaloniki , Greece
₴45577
₴28336
₴43974
₴31480
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
4 873
income
-
-
-
25 080
pensions
-
-
-
13 727
unemployment
-
-
-
117
other
-
-
-
-
surtax
-
-
-
3 875
total
-
-
-
47 672
Employee
17 007
-
76 052
-
surtax
56
-
3 260
-
unemployment
1 184
-
4 777
-
income
2 851
-
22 004
-
pensions
1 134
-
4 578
-
health
434
-
1 750
-
other
-
-
-
-
total
5 659
-
36 369
-
Employer
17 007
-
76 052
-
unemployment
539
-
2 175
-
pensions
2 267
-
9 149
-
other
-
-
-
-
health
774
-
3 123
-
total
3 580
-
14 447
-
Corporate
69 914
90 500
-
-
income
18 178
23 530
-
-
total
18 178
23 530
-
-
Dividends
51 736
66 970
-
-
withholding
7 761
10 045
-
-
total
7 761
10 045
-
-
Income
90 500
90 500
90 500
90 500
Total tax
35 178
33 575
50 816
47 672
After tax
55 322
56 925
39 684
42 828
Living cost
11 348
11 348
11 348
11 348
Free-cash
43 974
45 577
28 336
31 480

Estimated living cost  is ₴11348 per week

₴6939
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1047
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.
₴3101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴35786
₴28371
₴39175
₴36563
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 880
pensions
-
-
-
4 618
total
-
-
-
30 498
Employee
32 531
-
79 055
-
income
5 859
-
20 419
-
pensions
2 761
-
5 680
-
health
472
-
1 146
-
total
9 092
-
27 245
-
Employer
32 531
-
79 055
-
pensions
3 522
-
9 942
-
health
618
-
1 503
-
total
4 140
-
11 445
-
Corporate
53 829
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.

10 228
17 195
-
-
total
10 228
17 195
-
-
Dividends
43 601
73 305
-
-
withholding
4 426
14 080
-
-
total
4 426
14 080
-
-
Income
90 500
90 500
90 500
90 500
Total tax
27 886
31 275
38 690
30 498
After tax
62 614
59 225
51 810
60 002
Living cost
23 439
23 439
23 439
23 439
Free-cash
39 175
35 786
28 371
36 563

Estimated living cost  is ₴23439 per week

₴17560
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1757
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴245
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₴312
₴27567
₴17528
₴31868
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
203
national
-
-
-
1 324
pensions
-
-
-
8 326
regional
-
-
-
4 319
city
-
-
-
954
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
-
-
-
16 936
Employee
48 795
-
81 003
-
regional
1 598
-
3 736
-
national
231
-
1 040
-
unemployment
-
-
-
-
pensions
4 099
-
6 803
-
health
110
-
182
-
city
524
-
871
-
total
6 562
-
12 632
-
Employer
48 795
-
81 003
-
unemployment
-
-
-
-
pensions
4 099
-
6 803
-
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.

976
-
1 620
-
health
110
-
182
-
total
5 185
-
8 605
-
Corporate
35 984
90 500
-
-
national
3 058
7 692
-
-
regional
7 611
19 141
-
-
total
10 669
26 833
-
-
Dividends
25 314
63 666
-
-
withholding
8 860
22 283
-
-
total
8 860
22 283
-
-
Income
90 500
90 500
90 500
90 500
Total tax
31 276
49 116
21 237
16 936
After tax
59 224
41 384
69 263
73 564
Living cost
41 696
41 696
41 696
41 696
Free-cash
17 528
-312
27 567
31 868

Estimated living cost  is ₴41696 per week

₴27114
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3742
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴10328
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴21154
₴33925
₴29495
₴22505
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
3 513
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.

-
-
-
27 965
trade
-
-
-
11 420
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.

-
-
-
1 538
total
-
-
-
44 436
Employee

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

30 907
-
90 500
-
surtax

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

200
-
1 538
-
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.

3 634
-
27 965
-
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.

3 513
-
3 513
-
total
7 347
-
33 016
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
59 593
90 500
-
-
trade
10 220
15 521
-
-
chamber of commerce
162
206
-
-
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.

492
747
-
-
income
8 939
13 575
-
-
total
19 813
30 049
-
-
Dividends
39 781
60 451
-
-
withholding
9 750
14 917
-
-
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.

536
821
-
-
total
10 286
15 738
-
-
Income
90 500
90 500
90 500
90 500
Total tax
37 446
45 787
33 016
44 436
After tax
53 054
44 713
57 484
46 064
Living cost
23 559
23 559
23 559
23 559
Free-cash
29 495
21 154
33 925
22 505

Estimated living cost  is ₴23559 per week

₴17207
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1885
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.
₴4162
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴28016
₴32139
₴31055
₴33404
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 824
social contributions
-
-
-
2 579
income
-
-
-
14 146
pensions
-
-
-
16 146
other
-
-
-
2 806
surtax
-
-
-
-
total
-
-
-
39 501
Employee
22 010
-
70 131
-
surtax
-
-
-
-
income
1 299
-
13 560
-
social contributions
628
-
1 998
-
pensions
2 489
-
4 839
-
total
4 416
-
20 397
-
Employer
22 010
-
70 131
-
unemployment
891
-
2 840
-
pensions
3 616
-
8 153
-
social contributions
66
-
211
-
other
759
-
2 720
-
health
1 541
-
6 445
-
total
6 873
-
20 369
-
Corporate
61 616
90 500
-
-
surtax
-
-
-
-
income
17 252
25 340
-
-
total
17 252
25 340
-
-
Dividends
44 364
65 160
-
-
withholding
5 679
8 340
-
-
surtax
-
-
-
-
social contributions
7 630
11 209
-
-
total
13 309
19 549
-
-
Income
90 500
90 500
90 500
90 500
Total tax
41 850
44 889
40 766
39 501
After tax
48 650
45 611
49 734
50 999
Living cost
17 595
17 595
17 595
17 595
Free-cash
31 055
28 016
32 139
33 404

Estimated living cost  is ₴17595 per week

₴11094
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1431
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.
₴4771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴29759
₴33882
₴32618
₴35147
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 824
social contributions
-
-
-
2 579
income
-
-
-
14 146
pensions
-
-
-
16 146
other
-
-
-
2 806
surtax
-
-
-
-
total
-
-
-
39 501
Employee
19 647
-
70 131
-
surtax
-
-
-
-
income
1 013
-
13 560
-
social contributions
560
-
1 998
-
pensions
2 222
-
4 839
-
total
3 795
-
20 397
-
Employer
19 647
-
70 131
-
unemployment
795
-
2 840
-
pensions
3 228
-
8 153
-
social contributions
59
-
211
-
other
678
-
2 720
-
health
1 375
-
6 445
-
total
6 135
-
20 369
-
Corporate
64 717
90 500
-
-
surtax
-
-
-
-
income
18 121
25 340
-
-
total
18 121
25 340
-
-
Dividends
46 596
65 160
-
-
withholding
5 964
8 340
-
-
surtax
-
-
-
-
social contributions
8 015
11 209
-
-
total
13 979
19 549
-
-
Income
90 500
90 500
90 500
90 500
Total tax
42 030
44 889
40 766
39 501
After tax
48 470
45 611
49 734
50 999
Living cost
15 852
15 852
15 852
15 852
Free-cash
32 618
29 759
33 882
35 147

Estimated living cost  is ₴15852 per week

₴9193
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1610
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴301
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4748
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴44309
₴45350
₴44575
₴47214
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
6 317
social contributions
-
-
-
12 489
income
-
-
-
13 575
total
-
-
-
32 381
Employee
17 437
-
90 500
-
income
2 908
-
15 439
-
social contributions
2 407
-
12 489
-
health
1 217
-
6 317
-
total
6 532
-
34 245
-
Employer
17 437
-
90 500
-
total
-
-
-
-
Corporate
73 063
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%.

3 653
4 525
-
-
total
3 653
4 525
-
-
Dividends
69 410
85 975
-
-
withholding
10 411
12 896
-
-
social contributions
9 579
11 864
-
-
health
4 845
6 001
-
-
total
24 835
30 761
-
-
Income
90 500
90 500
90 500
90 500
Total tax
35 020
35 286
34 245
32 381
After tax
55 480
55 214
56 255
58 119
Living cost
10 905
10 905
10 905
10 905
Free-cash
44 575
44 309
45 350
47 214

Estimated living cost  is ₴10905 per week

₴7298
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴672
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.
₴2683
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴31954
₴5869
₴31159
₴28328
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
4 596
chamber of commerce
-
-
-
362
income
-
-
-
24 723
pensions
-
-
-
11 115
unemployment
-
-
-
3 154
surtax
-
-
-
101
total
-
-
-
44 051
Employee
25 701
20 494
72 222
-
unemployment
771
615
1 803
-
income
2 926
1 512
19 782
-
pensions
2 632
2 098
6 152
-
health
994
793
2 325
-
other
257
205
601
-
total
7 580
5 223
30 663
-
Employer
25 701
20 494
72 222
-
chamber of commerce
102
82
289
-
surtax
101
101
101
-
payroll
771
615
2 167
-
unemployment
771
615
1 803
-
pensions
3 225
2 573
7 540
-
accident
334
266
781
-
other
1 221
973
3 327
-
health
971
775
2 271
-
total
7 496
6 000
18 279
-
Corporate
57 302
64 005
70 270
-
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.

14 326
16 001
17 568
-
total
14 326
16 001
17 568
-
Dividends
42 976
48 004
-
-
withholding
11 818
13 201
-
-
total
11 818
13 201
-
-
Income
90 500
90 500
90 500
90 500
Total tax
41 220
40 425
66 510
44 051
After tax
49 280
50 075
23 990
46 449
Living cost
18 121
18 121
18 121
18 121
Free-cash
31 159
31 954
5 869
28 328

Estimated living cost  is ₴18121 per week

₴12086
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1546
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.
₴4192
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴31862
₴13115
₴24150
₴20483
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal

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

-
-
-
4 661
social contributions
-
-
-
12 822
national
-
-
-
33 783
total
-
-
-
51 266
Employee

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

36 786
-
70 096
-
national
11 310
-
25 411
-
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.

320
-
610
-
communal

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

1 919
-
3 656
-
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.

2 759
-
5 257
-
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.

1 728
-
3 295
-
total
18 036
-
38 229
-
Employer

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

36 786
-
70 096
-
surtax
4 171
-
7 948
-
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.

537
-
1 024
-
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.

3 260
-
6 211
-
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.

478
-
911
-
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.

2 262
-
4 311
-
total
10 708
-
20 405
-
Corporate
43 006
90 500
-
-
surtax
172
362
-
-
income
8 601
18 100
-
-
total
8 773
18 462
-
-
Dividends
34 233
72 038
-
-
withholding

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

10 082
21 425
-
-
total
10 082
21 425
-
-
Income
90 500
90 500
90 500
90 500
Total tax
47 599
39 887
58 634
51 266
After tax
42 901
50 613
31 866
39 234
Living cost
18 751
18 751
18 751
18 751
Free-cash
24 150
31 862
13 115
20 483

Estimated living cost  is ₴18751 per week

₴12078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴294
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4740
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴41752
₴30057
₴38219
₴32216
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 411
pensions
-
-
-
13 489
unemployment
-
-
-
334
other
-
-
-
48
accident
-
-
-
429
total
-
-
-
39 711
Employee
25 599
-
75 304
-
unemployment
397
-
739
-
income
5 401
-
23 645
-
pensions
1 203
-
2 241
-
other
25
-
48
-
total
7 026
-
26 673
-
Employer
25 599
-
75 304
-
unemployment
1 408
-
2 621
-
pensions
6 041
-
11 250
-
accident
507
-
944
-
other
204
-
382
-
total
8 160
-
15 197
-
Corporate
56 741
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.

8 511
13 575
-
-
total
8 511
13 575
-
-
Dividends
48 230
76 925
-
-
withholding
10 011
16 600
-
-
total
10 011
16 600
-
-
Income
90 500
90 500
90 500
90 500
Total tax
33 708
30 175
41 870
39 711
After tax
56 792
60 325
48 630
50 789
Living cost
18 573
18 573
18 573
18 573
Free-cash
38 219
41 752
30 057
32 216

Estimated living cost  is ₴18573 per week

₴13677
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1318
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴267
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3310
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴24996
₴20416
₴18439
₴16807
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
6 358
communal
-
-
-
5 720
income
-
-
-
14 854
pensions
-
-
-
13 564
surtax
-
-
-
4 486
accident
-
-
-
763
total
-
-
-
45 745
Employee
38 945
-
80 839
-
surtax
2 387
-
4 954
-
income
3 762
-
17 459
-
pensions
3 115
-
6 467
-
health
1 733
-
3 597
-
total
10 997
-
32 477
-
Employer
38 945
-
80 839
-
pensions
3 115
-
6 467
-
accident
350
-
727
-
health
1 188
-
2 465
-
total
4 653
-
9 659
-
Corporate
46 901
90 500
-
-
surtax
493
951
-
-
income
7 035
13 575
-
-
communal
3 166
6 108
-
-
total
10 694
20 634
-
-
Dividends
36 207
69 866
-
-
withholding
5 431
10 480
-
-
income
12 338
6 442
-
-
total
17 769
16 922
-
-
Income
90 500
90 500
90 500
90 500
Total tax
44 113
37 556
42 136
45 745
After tax
46 387
52 944
48 364
44 755
Living cost
27 948
27 948
27 948
27 948
Free-cash
18 439
24 996
20 416
16 807

Estimated living cost  is ₴27948 per week

₴20965
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1693
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.
₴4993
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴45374
₴28133
₴43739
₴31277
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
4 873
income
-
-
-
25 080
pensions
-
-
-
13 727
unemployment
-
-
-
117
other
-
-
-
-
surtax
-
-
-
3 875
total
-
-
-
47 672
Employee
17 319
-
76 052
-
surtax
61
-
3 260
-
unemployment
1 205
-
4 777
-
income
2 903
-
22 004
-
pensions
1 155
-
4 578
-
health
442
-
1 750
-
other
-
-
-
-
total
5 766
-
36 369
-
Employer
17 319
-
76 052
-
unemployment
549
-
2 175
-
pensions
2 309
-
9 149
-
other
-
-
-
-
health
788
-
3 123
-
total
3 646
-
14 447
-
Corporate
69 535
90 500
-
-
income
18 079
23 530
-
-
total
18 079
23 530
-
-
Dividends
51 456
66 970
-
-
withholding
7 719
10 045
-
-
total
7 719
10 045
-
-
Income
90 500
90 500
90 500
90 500
Total tax
35 210
33 575
50 816
47 672
After tax
55 290
56 925
39 684
42 828
Living cost
11 551
11 551
11 551
11 551
Free-cash
43 739
45 374
28 133
31 277

Estimated living cost  is ₴11551 per week

₴6974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1004
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.
₴3305
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴33716
₴25042
₴32574
₴29108
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
23 277
national
-
-
-
22 359
regional
-
-
-
1 365
municipal
-
-
-
538
total
-
-
-
47 539
Employee
28 527
-
90 500
-
regional
384
-
1 217
-
national
4 520
-
19 392
-
municipal
151
-
480
-
social contributions
9 620
-
30 516
-
total
14 675
-
51 605
-
Employer
28 527
-
90 500
-
total
-
-
-
-
Corporate
61 973
90 500
-
-
nationa
14 873
21 720
-
-
municipal
3 080
4 498
-
-
total
17 953
26 218
-
-
Dividends
44 019
64 282
-
-
withholding
11 445
16 713
-
-
total
11 445
16 713
-
-
Income
90 500
90 500
90 500
90 500
Total tax
44 073
42 931
51 605
47 539
After tax
46 427
47 569
38 895
42 961
Living cost
13 853
13 853
13 853
13 853
Free-cash
32 574
33 716
25 042
29 108

Estimated living cost  is ₴13853 per week

₴8615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1403
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.
₴3597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴46674
₴31412
₴41097
₴35385
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
12 218
social contributions
-
-
-
18 258
income
-
-
-
9 004
solidarity contribution
-
-
-
-
total
-
-
-
39 480
Employee
22 993
-
68 686
-
income
2 759
-
8 302
-
solidarity contribution
-
-
-
-
social contributions
1 495
-
4 064
-
health
3 104
-
9 273
-
total
7 358
-
21 639
-
Employer
22 993
-
68 686
-
social contributions
5 748
-
15 632
-
health
2 069
-
6 182
-
total
7 817
-
21 814
-
Corporate
59 689
90 500
-
-
income
11 341
17 195
-
-
total
11 341
17 195
-
-
Dividends
48 348
73 305
-
-
withholding
7 252
10 996
-
-
total
7 252
10 996
-
-
Income
90 500
90 500
90 500
90 500
Total tax
33 768
28 191
43 453
39 480
After tax
56 732
62 309
47 047
51 020
Living cost
15 635
15 635
15 635
15 635
Free-cash
41 097
46 674
31 412
35 385

Estimated living cost  is ₴15635 per week

₴11628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴866
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴270
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2871
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴33722
₴7609
₴33469
₴30143
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
4 596
chamber of commerce
-
-
-
362
income
-
-
-
24 723
pensions
-
-
-
11 115
unemployment
-
-
-
3 154
surtax
-
-
-
-
total
-
-
-
43 950
Employee
22 480
20 494
72 317
-
unemployment
674
615
1 803
-
income
2 003
1 512
19 828
-
pensions
2 302
2 098
6 152
-
health
870
793
2 325
-
other
224
205
601
-
total
6 073
5 223
30 709
-
Employer
22 480
20 494
72 317
-
chamber of commerce
90
82
289
-
surtax
-
-
-
-
payroll
674
615
2 169
-
unemployment
674
615
1 803
-
pensions
2 821
2 573
7 540
-
accident
292
266
781
-
other
1 068
973
3 331
-
health
850
775
2 271
-
total
6 469
5 899
18 184
-
Corporate
61 550
64 107
70 365
-
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.

15 387
16 027
17 591
-
total
15 387
16 027
17 591
-
Dividends
46 163
48 080
-
-
withholding
12 695
13 222
-
-
total
12 695
13 222
-
-
Income
90 500
90 500
90 500
90 500
Total tax
40 624
40 371
66 484
43 950
After tax
49 876
50 129
24 016
46 550
Living cost
16 407
16 407
16 407
16 407
Free-cash
33 469
33 722
7 609
30 143

Estimated living cost  is ₴16407 per week

₴9842
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1676
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.
₴4597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴79329
₴65754
₴78082
₴82949
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
8 307
-
90 500
-
income
1 662
-
18 100
-
total
1 662
-
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%.

82 193
90 500
-
-
total
-
-
-
-
Dividends
82 193
90 500
-
-
withholding
4 110
4 525
-
-
total
4 110
4 525
-
-
Income
90 500
90 500
90 500
90 500
Total tax
5 772
4 525
18 100
905
After tax
84 728
85 975
72 400
89 595
Living cost
6 646
6 646
6 646
6 646
Free-cash
78 082
79 329
65 754
82 949

Estimated living cost  is ₴6646 per week

₴4497
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1647
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴48515
₴28015
₴44213
₴30412
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 905
income
-
-
-
20 726
pensions
-
-
-
16 527
unemployment
-
-
-
136
total
-
-
-
46 294
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.

22 741
-
78 308
-
unemployment
32
-
109
-
income
3 922
-
19 194
-
pensions
3 525
-
12 138
-
health
1 469
-
5 058
-
total
8 948
-
36 499
-
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.

22 741
-
78 308
-
unemployment
14
-
47
-
pensions
2 012
-
6 930
-
health
1 515
-
5 215
-
total
3 541
-
12 192
-
Corporate
64 218
90 500
-
-
income
12 201
17 195
-
-
total
12 201
17 195
-
-
Dividends
52 017
73 305
-
-
withholding
7 803
10 996
-
-
total
7 803
10 996
-
-
Income
90 500
90 500
90 500
90 500
Total tax
32 493
28 191
48 691
46 294
After tax
58 007
62 309
41 809
44 206
Living cost
13 794
13 794
13 794
13 794
Free-cash
44 213
48 515
28 015
30 412

Estimated living cost  is ₴13794 per week

₴9467
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴267
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3177
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴31333
₴59539
₴5178
₴38816
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
10 317
income
-
-
-
17 640
total
-
-
-
27 957
Employee
34 021
-
-
-
income
7 504
-
-
-
social contributions
2 790
-
398
-
total
10 294
-
398
-
Employer
34 021
-
-
-
social contributions
47 969
-
6 836
-
total
47 969
-
6 836
-
Corporate
8 510
90 500
-
-
income
1 872
19 910
-
-
total
1 872
19 910
-
-
Dividends
6 638
70 590
-
-
income
1 460
15 530
-
-
total
1 460
15 530
-
-
Income
90 500
90 500
90 500
90 500
Total tax
61 595
35 440
7 234
27 957
After tax
28 905
55 060
83 266
62 543
Living cost
23 727
23 727
23 727
23 727
Free-cash
5 178
31 333
59 539
38 816

Estimated living cost  is ₴23727 per week

₴15395
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2231
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.
₴5798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴35346
₴25480
₴34828
₴32342
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
31 448
income
-
-
-
10 579
surtax
-
-
-
-
total
-
-
-
42 027
Employee
23 653
-
73 131
-
surtax
-
-
-
-
income
4 920
-
23 475
-
social contributions
2 602
-
8 045
-
total
7 522
-
31 520
-
Employer
23 653
-
73 131
-
social contributions
5 617
-
17 369
-
total
5 617
-
17 369
-
Corporate
61 230
90 500
-
-
surtax
-
-
-
-
income
12 858
19 005
-
-
total
12 858
19 005
-
-
Dividends
48 372
71 495
-
-
withholding
13 544
20 018
-
-
total
13 544
20 018
-
-
Income
90 500
90 500
90 500
90 500
Total tax
39 541
39 023
48 889
42 027
After tax
50 959
51 477
41 611
48 473
Living cost
16 131
16 131
16 131
16 131
Free-cash
34 828
35 346
25 480
32 342

Estimated living cost  is ₴16131 per week

₴12069
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴952
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴269
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2841
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴20772
₴24895
₴24308
₴26160
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 824
social contributions
-
-
-
2 579
income
-
-
-
14 146
pensions
-
-
-
16 146
other
-
-
-
2 806
surtax
-
-
-
-
total
-
-
-
39 501
Employee
32 210
-
70 131
-
surtax
-
-
-
-
income
2 810
-
13 560
-
social contributions
917
-
1 998
-
pensions
3 643
-
4 839
-
total
7 370
-
20 397
-
Employer
32 210
-
70 131
-
unemployment
1 305
-
2 840
-
pensions
5 292
-
8 153
-
social contributions
97
-
211
-
other
1 112
-
2 720
-
health
2 254
-
6 445
-
total
10 060
-
20 369
-
Corporate
48 230
90 500
-
-
surtax
-
-
-
-
income
13 505
25 340
-
-
total
13 505
25 340
-
-
Dividends
34 725
65 160
-
-
withholding
4 444
8 340
-
-
surtax
-
-
-
-
social contributions
5 974
11 209
-
-
total
10 418
19 549
-
-
Income
90 500
90 500
90 500
90 500
Total tax
41 353
44 889
40 766
39 501
After tax
49 147
45 611
49 734
50 999
Living cost
24 839
24 839
24 839
24 839
Free-cash
24 308
20 772
24 895
26 160

Estimated living cost  is ₴24839 per week

₴16810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2032
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴341
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5656
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴65991
₴53601
₴64263
₴51195
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 936
social contributions
-
-
-
19 910
total
-
-
-
23 846
Employee
16 533
-
78 356
-
social contributions
1 074
-
5 093
-
income
-
-
4 203
-
total
1 074
-
9 296
-
Employer
16 533
-
78 356
-
social contributions
2 563
-
12 144
-
total
2 563
-
12 144
-
Corporate
71 404
90 500
-
-
income
7 141
9 050
-
-
total
7 141
9 050
-
-
Dividends
64 263
81 450
-
-
total
-
-
-
-
Income
90 500
90 500
90 500
90 500
Total tax
10 778
9 050
21 440
23 846
After tax
79 722
81 450
69 060
66 654
Living cost
15 459
15 459
15 459
15 459
Free-cash
64 263
65 991
53 601
51 195

Estimated living cost  is ₴15459 per week

₴9995
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1165
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.
₴4007
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₴21373
-₴21373
-₴21373
₴28643
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
labour market
-
-
-
7 204
national
-
-
-
10 626
pensions
-
-
-
445
municipal
-
-
-
18 853
total
-
-
-
37 128
Employee
104 374
104 374
104 374
-
national
12 751
12 751
12 751
-
labour market
8 338
8 338
8 338
-
municipal
22 226
22 226
22 226
-
pensions
148
148
148
-
total
43 463
43 463
43 463
-
Employer
104 374
104 374
104 374
-
national
12 773
12 773
12 773
-
pensions
297
297
297
-
labour market
8 350
8 350
8 350
-
municipal
22 261
22 261
22 261
-
total
43 681
43 681
43 681
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
90 500
90 500
90 500
90 500
Total tax
87 144
87 144
87 144
37 128
After tax
3 356
3 356
3 356
53 372
Living cost
24 729
24 729
24 729
24 729
Free-cash
-21 373
-21 373
-21 373
28 643

Estimated living cost  is ₴24729 per week

₴16925
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2188
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴380
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5236
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₴3885
₴37922
₴5610
₴50653
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
1 128
income
-
-
-
25 028
pensions
-
-
-
2 153
other
-
-
-
192
accident
-
-
-
131
total
-
-
-
28 632
Employee
17 642
-
81 444
-
income
2 420
-
19 036
-
pensions
1 987
-
3 947
-
health
2 020
-
9 325
-
total
6 427
-
32 308
-
Employer
17 642
-
81 444
-
unemployment
432
-
1 995
-
pensions
2 868
-
5 700
-
accident
295
-
1 360
-
total
3 595
-
9 055
-
Corporate
69 263
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.

62 337
81 450
-
-
total
62 337
81 450
-
-
Dividends
6 926
9 050
-
-
withholding
1 316
1 720
-
-
total
1 316
1 720
-
-
Income
90 500
90 500
90 500
90 500
Total tax
73 675
83 170
41 363
28 632
After tax
16 825
7 330
49 137
61 868
Living cost
11 215
11 215
11 215
11 215
Free-cash
5 610
-3 885
37 922
50 653

Estimated living cost  is ₴11215 per week

₴8163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴639
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴210
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2202
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴36970
₴27737
₴38261
₴38641
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
1 179
national
-
-
-
14 859
municipal
-
-
-
16 077
total
-
-
-
32 115
Employee
27 057
-
76 133
-
national
447
-
9 013
-
unemployment
406
-
1 142
-
municipal
4 432
-
12 401
-
pensions
1 826
-
5 139
-
health
202
-
957
-
total
7 313
-
28 652
-
Employer
27 057
-
76 133
-
unemployment
176
-
495
-
pensions
4 694
-
13 209
-
accident
27
-
76
-
health
208
-
587
-
total
5 105
-
14 367
-
Corporate
58 338
90 500
-
-
income
11 667
18 100
-
-
total
11 667
18 100
-
-
Dividends

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

35 003
54 300
-
-
municipal
6 301
9 774
-
-
national
2 109
5 912
-
-
total
8 410
15 686
-
-
Income
90 500
90 500
90 500
90 500
Total tax
32 495
33 786
43 019
32 115
After tax
58 005
56 714
47 481
58 385
Living cost
19 744
19 744
19 744
19 744
Free-cash
38 261
36 970
27 737
38 641

Estimated living cost  is ₴19744 per week

₴12897
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1899
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.
₴4635
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴54114
₴49158
₴51315
₴49954
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 308
social contributions
-
-
-
8 321
income
-
-
-
18 010
total
-
-
-
28 639
Employee
39 545
39 545
84 510
-
income
4 306
3 661
17 581
-
social contributions
1 495
3 282
4 427
-
health
306
672
1 437
-
total
6 107
7 615
23 445
-
Employer
39 545
39 545
84 510
-
social contributions
1 495
3 282
4 427
-
health
333
732
1 563
-
total
1 828
4 014
5 990
-
Corporate
70 658
46 941
-
-
income
8 832
5 867
-
-
total
8 832
5 867
-
-
Dividends
61 826
41 074
-
-
withholding
10 511
6 983
-
-
total
10 511
6 983
-
-
Income
90 500
90 500
90 500
90 500
Total tax
27 278
24 479
29 435
28 639
After tax
63 222
66 021
61 065
61 861
Living cost
11 907
11 907
11 907
11 907
Free-cash
51 315
54 114
49 158
49 954

Estimated living cost  is ₴11907 per week

₴7136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1168
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴264
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3340
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴66778
₴57666
₴64163
₴67981
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
1 861
income
-
-
-
9 207
pensions
-
-
-
3 271
unemployment
-
-
-
15
total
-
-
-
14 354
Employee

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

11 804
-
85 474
-
unemployment
59
-
244
-
income
807
-
7 932
-
pensions
1 770
-
7 319
-
health
1 003
-
4 148
-
total
3 639
-
19 643
-
Employer

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

11 804
-
85 474
-
unemployment
59
-
244
-
pensions
649
-
2 684
-
health
507
-
2 098
-
total
1 215
-
5 026
-
Corporate
77 481
90 500
-
-
income
6 973
8 145
-
-
total
6 973
8 145
-
-
Dividends
70 508
82 355
-
-
withholding
6 345
7 412
-
-
total
6 345
7 412
-
-
Income
90 500
90 500
90 500
90 500
Total tax
18 172
15 557
24 669
14 354
After tax
72 328
74 943
65 831
76 146
Living cost
8 165
8 165
8 165
8 165
Free-cash
64 163
66 778
57 666
67 981

Estimated living cost  is ₴8165 per week

₴5210
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴588
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴243
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2124
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴46183
₴34488
₴43912
₴36647
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 411
pensions
-
-
-
13 489
unemployment
-
-
-
334
other
-
-
-
48
accident
-
-
-
429
total
-
-
-
39 711
Employee
19 016
-
75 304
-
unemployment
295
-
739
-
income
3 666
-
23 645
-
pensions
894
-
2 241
-
other
19
-
48
-
total
4 874
-
26 673
-
Employer
19 016
-
75 304
-
unemployment
1 046
-
2 621
-
pensions
4 487
-
11 250
-
accident
377
-
944
-
other
152
-
382
-
total
6 062
-
15 197
-
Corporate
65 422
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.

9 813
13 575
-
-
total
9 813
13 575
-
-
Dividends
55 609
76 925
-
-
withholding
11 697
16 600
-
-
total
11 697
16 600
-
-
Income
90 500
90 500
90 500
90 500
Total tax
32 446
30 175
41 870
39 711
After tax
58 054
60 325
48 630
50 789
Living cost
14 142
14 142
14 142
14 142
Free-cash
43 912
46 183
34 488
36 647

Estimated living cost  is ₴14142 per week

₴9546
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1359
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴248
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2989
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴55510
₴57230
₴55353
₴57298
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
509
income
-
-
-
31 030
pensions
-
-
-
701
total
-
-
-
32 240
Employee
1 465
-
89 711
-
unemployment
15
-
35
-
income
283
-
30 993
-
pensions
132
-
316
-
health
73
-
175
-
total
503
-
31 519
-
Employer
1 465
-
89 711
-
unemployment
29
-
70
-
pensions
161
-
386
-
health
139
-
333
-
total
329
-
789
-
Corporate
88 706
90 500
-
-
income
19 515
19 910
-
-
total
19 515
19 910
-
-
Dividends
69 191
70 590
-
-
withholding
13 838
14 118
-
-
total
13 838
14 118
-
-
Income
90 500
90 500
90 500
90 500
Total tax
34 185
34 028
32 308
32 240
After tax
56 315
56 472
58 192
58 260
Living cost
962
962
962
962
Free-cash
55 353
55 510
57 230
57 298

Estimated living cost  is ₴962 per week

₴571
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴78
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴22
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴290
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴56515
₴46819
₴53992
₴46817
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 905
income
-
-
-
20 482
pensions
-
-
-
9 856
unemployment
-
-
-
569
total
-
-
-
34 812
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.

13 377
-
83 714
-
unemployment
100
-
284
-
income
1 844
-
20 482
-
pensions
1 873
-
5 307
-
health
689
-
1 952
-
total
4 506
-
28 025
-
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.

13 377
-
83 714
-
unemployment
100
-
284
-
pensions
1 605
-
4 549
-
health
689
-
1 952
-
total
2 394
-
6 785
-
Corporate
74 729
90 500
-
-
income
11 209
13 575
-
-
total
11 209
13 575
-
-
Dividends
63 519
76 925
-
-
withholding
9 528
11 539
-
-
total
9 528
11 539
-
-
Income
90 500
90 500
90 500
90 500
Total tax
27 637
25 114
34 810
34 812
After tax
62 863
65 386
55 690
55 688
Living cost
8 871
8 871
8 871
8 871
Free-cash
53 992
56 515
46 819
46 817

Estimated living cost  is ₴8871 per week

₴5973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴686
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴257
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1955
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴37613
₴27747
₴37427
₴34609
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
31 448
income
-
-
-
10 579
surtax
-
-
-
-
total
-
-
-
42 027
Employee
19 960
-
73 131
-
surtax
-
-
-
-
income
3 900
-
23 475
-
social contributions
2 196
-
8 045
-
total
6 096
-
31 520
-
Employer
19 960
-
73 131
-
social contributions
4 740
-
17 369
-
total
4 740
-
17 369
-
Corporate
65 800
90 500
-
-
surtax
-
-
-
-
income
13 818
19 005
-
-
total
13 818
19 005
-
-
Dividends
51 982
71 495
-
-
withholding
14 555
20 018
-
-
total
14 555
20 018
-
-
Income
90 500
90 500
90 500
90 500
Total tax
39 209
39 023
48 889
42 027
After tax
51 291
51 477
41 611
48 473
Living cost
13 864
13 864
13 864
13 864
Free-cash
37 427
37 613
27 747
34 609

Estimated living cost  is ₴13864 per week

₴9820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴963
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴246
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2836
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴42251
₴30556
₴38886
₴32715
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 411
pensions
-
-
-
13 489
unemployment
-
-
-
334
other
-
-
-
48
accident
-
-
-
429
total
-
-
-
39 711
Employee
24 837
-
75 304
-
unemployment
385
-
739
-
income
5 188
-
23 645
-
pensions
1 167
-
2 241
-
other
24
-
48
-
total
6 764
-
26 673
-
Employer
24 837
-
75 304
-
unemployment
1 366
-
2 621
-
pensions
5 861
-
11 250
-
accident
492
-
944
-
other
199
-
382
-
total
7 918
-
15 197
-
Corporate
57 744
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.

8 661
13 575
-
-
total
8 661
13 575
-
-
Dividends
49 083
76 925
-
-
withholding
10 197
16 600
-
-
total
10 197
16 600
-
-
Income
90 500
90 500
90 500
90 500
Total tax
33 540
30 175
41 870
39 711
After tax
56 960
60 325
48 630
50 789
Living cost
18 074
18 074
18 074
18 074
Free-cash
38 886
42 251
30 556
32 715

Estimated living cost  is ₴18074 per week

₴12980
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1405
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.
₴3434
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴68551
₴66863
₴65424
₴63312
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 061
income
-
-
-
13 575
pensions

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

-
-
-
2 653
unemployment
-
-
-
72
total
-
-
-
18 361
Employee
11 688
-
86 984
-
income
1 169
-
8 698
-
accident

We are using the highest rate at 1.1%.

128
-
197
-
pensions

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

1 026
-
1 574
-
health
538
-
824
-
total
2 861
-
11 293
-
Employer
11 688
-
86 984
-
unemployment
70
-
108
-
pensions

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

1 288
-
1 975
-
accident

We are using the highest rate at 1.1%.

128
-
197
-
health
807
-
1 237
-
total
2 293
-
3 517
-
Corporate
76 519
90 500
-
-
income
7 652
9 050
-
-
total
7 652
9 050
-
-
Dividends
68 867
81 450
-
-
withholding
3 443
4 072
-
-
total
3 443
4 072
-
-
Income
90 500
90 500
90 500
90 500
Total tax
16 249
13 122
14 810
18 361
After tax
74 251
77 378
75 690
72 139
Living cost
8 827
8 827
8 827
8 827
Free-cash
65 424
68 551
66 863
63 312

Estimated living cost  is ₴8827 per week

₴5838
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴505
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴211
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2273
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴26721
₴37629
₴33448
₴28074
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
3 513
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.

-
-
-
27 965
trade
-
-
-
9 555
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.

-
-
-
1 538
total
-
-
-
42 571
Employee

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

25 588
-
90 500
-
surtax

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

116
-
1 538
-
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.

2 104
-
27 965
-
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.

3 513
-
3 513
-
total
5 733
-
33 016
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
64 912
90 500
-
-
trade
9 315
12 987
-
-
chamber of commerce
174
211
-
-
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.

536
747
-
-
income
9 737
13 575
-
-
total
19 762
27 520
-
-
Dividends
45 150
62 981
-
-
withholding
11 092
15 549
-
-
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.

610
855
-
-
total
11 702
16 404
-
-
Income
90 500
90 500
90 500
90 500
Total tax
37 197
43 924
33 016
42 571
After tax
53 303
46 576
57 484
47 929
Living cost
19 855
19 855
19 855
19 855
Free-cash
33 448
26 721
37 629
28 074

Estimated living cost  is ₴19855 per week

₴13696
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2136
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴288
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3734
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴34055
₴18408
₴35190
₴18408
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 700
social contributions
-
-
-
15 097
total
-
-
-
42 797
Employee
40 228
-
90 500
-
social contributions
3 342
-
15 097
-
income
7 591
-
27 700
-
total
10 933
-
42 797
-
Employer
40 228
-
90 500
-
total
-
-
-
-
Corporate
50 272
90 500
-
-
income
6 284
11 313
-
-
total
6 284
11 313
-
-
Dividends
43 988
79 187
-
-
withholding
8 798
15 837
-
-
total
8 798
15 837
-
-
Income
90 500
90 500
90 500
90 500
Total tax
26 015
27 150
42 797
42 797
After tax
64 485
63 350
47 703
47 703
Living cost
29 295
29 295
29 295
29 295
Free-cash
35 190
34 055
18 408
18 408

Estimated living cost  is ₴29295 per week

₴22287
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2387
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴280
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4341
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₴37440
₴45684
₴39236
₴53992
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health

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

-
-
-
3 201
income
-
-
-
14 639
total
-
-
-
17 840
Employee
23 592
-
88 134
-
social contributions
2 364
-
2 366
-
income
2 560
-
21 416
-
total
4 924
-
23 782
-
Employer
23 592
-
88 134
-
social contributions
2 364
-
2 366
-
total
2 364
-
2 366
-
Corporate
64 545
90 500
-
-
income
22 591
31 675
-
-
total
22 591
31 675
-
-
Dividends
41 954
58 825
-
-
social contributions
2 717
2 717
-
-
total
2 717
2 717
-
-
Income
90 500
90 500
90 500
90 500
Total tax
32 596
34 392
26 148
17 840
After tax
57 904
56 108
64 352
72 660
Living cost
18 668
18 668
18 668
18 668
Free-cash
39 236
37 440
45 684
53 992

Estimated living cost  is ₴18668 per week

₴12297
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1472
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴4613
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴40170
₴32755
₴43208
₴40947
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 880
pensions
-
-
-
4 618
total
-
-
-
30 498
Employee
26 156
-
79 055
-
income
4 763
-
20 419
-
pensions
1 996
-
5 680
-
health
341
-
1 146
-
total
7 100
-
27 245
-
Employer
26 156
-
79 055
-
pensions
2 643
-
9 942
-
health
497
-
1 503
-
total
3 140
-
11 445
-
Corporate
61 205
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.

11 629
17 195
-
-
total
11 629
17 195
-
-
Dividends
49 576
73 305
-
-
withholding
6 368
14 080
-
-
total
6 368
14 080
-
-
Income
90 500
90 500
90 500
90 500
Total tax
28 237
31 275
38 690
30 498
After tax
62 263
59 225
51 810
60 002
Living cost
19 055
19 055
19 055
19 055
Free-cash
43 208
40 170
32 755
40 947

Estimated living cost  is ₴19055 per week

₴13072
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴238
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3992
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₴4995
₴36812
₴5440
₴49543
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
1 128
income
-
-
-
25 028
pensions
-
-
-
2 153
other
-
-
-
192
accident
-
-
-
131
total
-
-
-
28 632
Employee
19 388
-
81 444
-
income
2 660
-
19 036
-
pensions
2 183
-
3 947
-
health
2 220
-
9 325
-
total
7 063
-
32 308
-
Employer
19 388
-
81 444
-
unemployment
475
-
1 995
-
pensions
3 152
-
5 700
-
accident
324
-
1 360
-
total
3 951
-
9 055
-
Corporate
67 161
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.

60 445
81 450
-
-
total
60 445
81 450
-
-
Dividends
6 716
9 050
-
-
withholding
1 276
1 720
-
-
total
1 276
1 720
-
-
Income
90 500
90 500
90 500
90 500
Total tax
72 735
83 170
41 363
28 632
After tax
17 765
7 330
49 137
61 868
Living cost
12 325
12 325
12 325
12 325
Free-cash
5 440
-4 995
36 812
49 543

Estimated living cost  is ₴12325 per week

₴9045
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴718
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴248
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2313
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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

Close
Skopje , Macedonia
₴69215
₴57339
₴66810
₴46040
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
411
income
-
-
-
14 921
health insurance
-
-
-
6 081
pensions
-
-
-
15 120
unemployment
-
-
-
986
total
-
-
-
37 519
Employee

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

11 105
-
90 500
-
unemployment
133
-
493
-
work injury
56
-
205
-
income
1 111
-
14 921
-
health insurance
822
-
3 041
-
pensions
2 043
-
7 560
-
total
4 165
-
26 220
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
79 395
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%.

794
905
-
-
total
794
905
-
-
Dividends
78 601
89 595
-
-
withholding
11 790
13 439
-
-
total
11 790
13 439
-
-
Income
90 500
90 500
90 500
90 500
Total tax
16 749
14 344
26 220
37 519
After tax
73 751
76 156
64 280
52 981
Living cost
6 941
6 941
6 941
6 941
Free-cash
66 810
69 215
57 339
46 040

Estimated living cost  is ₴6941 per week

₴4300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴504
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴217
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴27182
₴17726
₴24842
₴21700
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
23 277
national
-
-
-
22 359
regional
-
-
-
2 072
municipal
-
-
-
605
total
-
-
-
48 313
Employee
43 336
-
90 500
-
regional
654
-
1 839
-
national
7 323
-
19 392
-
municipal
259
-
540
-
social contributions
14 613
-
30 516
-
total
22 849
-
52 287
-
Employer
43 336
-
90 500
-
total
-
-
-
-
Corporate
47 164
90 500
-
-
nationa
11 320
21 720
-
-
municipal
2 273
4 362
-
-
total
13 593
26 082
-
-
Dividends
33 571
64 417
-
-
withholding
8 729
16 749
-
-
total
8 729
16 749
-
-
Income
90 500
90 500
90 500
90 500
Total tax
45 171
42 831
52 287
48 313
After tax
45 329
47 669
38 213
42 187
Living cost
20 487
20 487
20 487
20 487
Free-cash
24 842
27 182
17 726
21 700

Estimated living cost  is ₴20487 per week

₴14391
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1409
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴309
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4377
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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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