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
₴30566
₴42182
₴31572
₴36073
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
28 289
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.

-
-
-
1 555
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.

-
-
-
3 400
trade
-
-
-
10 610
total
-
-
-
43 854
Employee

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

19 035
-
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.

29
-
1 555
-
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.

532
-
28 289
-
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.

3 400
-
3 400
-
total
3 961
-
33 244
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
71 465
90 500
-
-
income
10 719
13 575
-
-
surtax

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

589
747
-
-
chamber of commerce
178
206
-
-
trade
11 256
14 253
-
-
total
22 742
28 781
-
-
Dividends
48 722
61 718
-
-
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.

659
839
-
-
withholding
11 991
15 240
-
-
total
12 650
16 079
-
-
Income
90 500
90 500
90 500
90 500
Total tax
39 353
44 860
33 244
43 854
After tax
51 147
45 640
57 256
46 646
Living cost
15 074
15 074
15 074
15 074
Free-cash
36 073
30 566
42 182
31 572

Estimated living cost  is ₴15074 per week

₴9482
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴281
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴29975
₴27507
₴26921
₴29534
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
9 903
national
-
-
-
15 346
pensions
-
-
-
10 860
total
-
-
-
37 082
Employee
41 075
-
78 236
-
municipal
5 073
-
10 253
-
pensions
1 643
-
3 129
-
national
7 862
-
16 014
-
total
14 578
-
29 396
-
Employer
41 075
-
78 236
-
pensions
3 286
-
6 259
-
social contributions
442
-
841
-
total
3 728
-
7 100
-
Corporate
42 987
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%.

8 597
18 100
-
-
total
8 597
18 100
-
-
Dividends
34 389
72 400
-
-
withholding
7 566
15 928
-
-
total
7 566
15 928
-
-
Income
90 500
90 500
90 500
90 500
Total tax
34 469
34 028
36 496
37 082
After tax
56 031
56 472
54 004
53 418
Living cost
26 497
26 497
26 497
26 497
Free-cash
29 534
29 975
27 507
26 921

Estimated living cost  is ₴26497 per week

₴18010
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2463
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5628
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴62046
₴27865
₴21120
₴57963
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
16 881
surtax
-
-
-
23 077
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.

-
-
-
19 068
microenterprise
-
-
-
-
total
-
-
-
59 026
Employee
14 542
-
68 659
-
surtax
-
-
9 955
-
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.

1 600
-
6 524
-
income
2 589
-
13 961
-
total
4 189
-
30 440
-
Employer
14 542
-
68 659
-
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.

3 503
-
14 288
-
surtax
-
-
7 553
-
total
3 503
-
21 841
-
Corporate
72 455
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%.

14 491
18 100
-
-
total
14 491
18 100
-
-
Dividends

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

57 963
72 400
-
-
total
-
-
-
-
Income
90 500
90 500
90 500
90 500
Total tax
22 183
18 100
52 281
59 026
After tax
68 317
72 400
38 219
31 474
Living cost
10 354
10 354
10 354
10 354
Free-cash
57 963
62 046
27 865
21 120

Estimated living cost  is ₴10354 per week

₴6605
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴986
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴235
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2527
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴24000
₴36002
₴28918
₴20952
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 766
health
-
-
-
6 137
pensions
-
-
-
5 831
total
-
-
-
40 734
Employee
42 499
42 499
81 251
-
pensions
7 650
5 831
5 831
-
income

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

6 956
6 956
12 433
-
health
6 523
5 549
6 137
-
total
21 129
18 336
24 401
-
Employer
42 499
42 499
81 251
-
health
2 954
2 954
3 671
-
pensions
2 958
2 958
3 677
-
unemployment
1 530
1 530
1 901
-
total
7 442
7 442
9 249
-
Corporate
41 080
40 558
-
-
income
8 216
8 112
-
-
total
8 216
8 112
-
-
Dividends
32 864
32 447
-
-
income
6 983
6 895
-
-
withholding
4 930
4 867
-
-
total
11 913
11 762
-
-
Income
90 500
90 500
90 500
90 500
Total tax
48 700
45 652
33 650
40 734
After tax
41 800
44 848
56 850
49 766
Living cost
20 848
20 848
20 848
20 848
Free-cash
20 952
24 000
36 002
28 918

Estimated living cost  is ₴20848 per week

₴14775
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1879
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴331
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴29532
₴25940
₴26422
₴29086
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
accident
-
-
-
87
other
-
-
-
5 063
unemployment
-
-
-
44
health
-
-
-
2 719
municipal
-
-
-
23 223
national
-
-
-
8 351
pensions
-
-
-
4 710
total
-
-
-
44 197
Employee
28 329
-
76 809
-
municipal
8 448
-
22 905
-
national
-
-
8 084
-
total
8 448
-
30 989
-
Employer
28 329
-
76 809
-
health
1 742
-
2 680
-
pensions
3 062
-
4 710
-
accident
57
-
87
-
unemployment
748
-
1 150
-
other
3 292
-
5 063
-
total
8 901
-
13 690
-
Corporate
53 270
90 500
-
-
income
11 719
19 910
-
-
total
11 719
19 910
-
-
Dividends
41 550
70 590
-
-
withholding
12 465
21 177
-
-
total
12 465
21 177
-
-
Income
90 500
90 500
90 500
90 500
Total tax
41 533
41 087
44 679
44 197
After tax
48 967
49 413
45 821
46 303
Living cost
19 881
19 881
19 881
19 881
Free-cash
29 086
29 532
25 940
26 422

Estimated living cost  is ₴19881 per week

₴13177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1951
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.
₴4452
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴25624
₴37705
₴26624
₴32619
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
28 289
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.

-
-
-
1 555
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.

-
-
-
3 400
trade
-
-
-
11 081
total
-
-
-
44 325
Employee

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

25 238
-
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.

119
-
1 555
-
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.

2 168
-
28 289
-
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.

3 400
-
3 400
-
total
5 687
-
33 244
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
65 262
90 500
-
-
income
9 789
13 575
-
-
surtax

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

538
747
-
-
chamber of commerce
168
204
-
-
trade
10 735
14 887
-
-
total
21 230
29 413
-
-
Dividends
44 031
61 087
-
-
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.

595
829
-
-
withholding
10 818
15 083
-
-
total
11 413
15 912
-
-
Income
90 500
90 500
90 500
90 500
Total tax
38 330
45 325
33 244
44 325
After tax
52 170
45 175
57 256
46 175
Living cost
19 551
19 551
19 551
19 551
Free-cash
32 619
25 624
37 705
26 624

Estimated living cost  is ₴19551 per week

₴13076
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2062
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴292
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4121
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴49869
₴44784
₴45573
₴47803
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 425
social contributions
-
-
-
8 052
health
-
-
-
2 308
total
-
-
-
28 785
Employee
38 269
38 269
84 650
-
social contributions
1 860
3 176
4 284
-
income
4 019
3 543
18 001
-
health
381
651
1 439
-
total
6 260
7 370
23 724
-
Employer
38 269
38 269
84 650
-
health
415
708
1 566
-
social contributions
1 860
3 176
4 284
-
total
2 275
3 884
5 850
-
Corporate
65 825
48 347
-
-
income
8 228
6 043
-
-
total
8 228
6 043
-
-
Dividends
57 597
42 303
-
-
withholding
9 792
7 192
-
-
total
9 792
7 192
-
-
Income
90 500
90 500
90 500
90 500
Total tax
26 555
24 489
29 574
28 785
After tax
63 945
66 011
60 926
61 715
Living cost
16 142
16 142
16 142
16 142
Free-cash
47 803
49 869
44 784
45 573

Estimated living cost  is ₴16142 per week

₴11035
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴271
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴41910
₴43544
₴53774
₴42096
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 064
unemployment
-
-
-
1 357
health
-
-
-
6 335
pensions
-
-
-
9 050
total
-
-
-
27 806
Employee

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

12 876
5 124
75 732
-
unemployment
193
77
1 136
-
pensions
1 288
512
7 573
-
income
1 574
626
9 258
-
health
901
359
5 301
-
total
3 956
1 574
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.

12 876
5 124
75 732
-
pensions
2 511
999
14 768
-
total
2 511
999
14 768
-
Corporate
75 114
84 376
-
-
income
6 760
7 594
-
-
total
6 760
7 594
-
-
Dividends
68 353
76 783
-
-
social contributions
13 270
14 914
-
-
withholding
12 987
14 589
-
-
total
26 257
29 503
-
-
Income
90 500
90 500
90 500
90 500
Total tax
39 484
39 670
38 036
27 806
After tax
51 016
50 830
52 464
62 694
Living cost
8 920
8 920
8 920
8 920
Free-cash
42 096
41 910
43 544
53 774

Estimated living cost  is ₴8920 per week

₴6087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴730
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴1925
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴60379
₴40142
₴36487
₴57288
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
income
-
-
-
12 127
health
-
-
-
11 765
pensions
-
-
-
18 100
total
-
-
-
41 992
Employee
14 118
-
67 638
-
unemployment
226
-
1 082
-
pensions
282
-
1 352
-
income
1 589
-
13 041
-
total
2 097
-
15 475
-
Employer
14 118
-
67 638
-
health
1 835
-
8 793
-
pensions
2 824
-
13 528
-
unemployment
113
-
541
-
total
4 772
-
22 862
-
Corporate
71 610
90 500
-
-
income
14 322
18 100
-
-
total
14 322
18 100
-
-
Dividends
57 287
72 400
-
-
total
-
-
-
-
Income
90 500
90 500
90 500
90 500
Total tax
21 191
18 100
38 337
41 992
After tax
69 309
72 400
52 163
48 508
Living cost
12 021
12 021
12 021
12 021
Free-cash
57 288
60 379
40 142
36 487

Estimated living cost  is ₴12021 per week

₴8245
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴716
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴242
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2818
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴3780
₴38101
₴50750
₴5626
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
accident
-
-
-
128
income
-
-
-
25 122
other
-
-
-
187
health
-
-
-
1 101
pensions
-
-
-
2 101
total
-
-
-
28 639
Employee
17 478
-
81 575
-
pensions
1 968
-
3 853
-
income
2 398
-
19 170
-
health
2 001
-
9 340
-
total
6 367
-
32 363
-
Employer
17 478
-
81 575
-
pensions
2 842
-
5 564
-
accident
292
-
1 362
-
unemployment
428
-
1 999
-
total
3 562
-
8 925
-
Corporate
69 460
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.

62 514
81 450
-
-
total
62 514
81 450
-
-
Dividends
6 946
9 050
-
-
withholding
1 320
1 719
-
-
total
1 320
1 719
-
-
Income
90 500
90 500
90 500
90 500
Total tax
73 763
83 169
41 288
28 639
After tax
16 737
7 331
49 212
61 861
Living cost
11 111
11 111
11 111
11 111
Free-cash
5 626
-3 780
38 101
50 750

Estimated living cost  is ₴11111 per week

₴8143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴616
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴232
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2120
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴81965
₴68390
₴85585
₴81214
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
5 012
-
90 500
-
income
1 002
-
18 100
-
total
1 002
-
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%.

85 488
90 500
-
-
total
-
-
-
-
Dividends
85 488
90 500
-
-
withholding
4 274
4 525
-
-
total
4 274
4 525
-
-
Income
90 500
90 500
90 500
90 500
Total tax
5 276
4 525
18 100
905
After tax
85 224
85 975
72 400
89 595
Living cost
4 010
4 010
4 010
4 010
Free-cash
81 214
81 965
68 390
85 585

Estimated living cost  is ₴4010 per week

₴2485
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴333
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴110
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴53229
₴37964
₴37904
₴49870
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
income
-
-
-
14 247
other
-
-
-
3 595
health
-
-
-
3 330
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.

-
-
-
18 163
total
-
-
-
39 335
Employee
18 070
-
72 285
-
unemployment
180
-
722
-
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.

1 265
-
5 060
-
income
3 111
-
14 267
-
health
253
-
1 012
-
total
4 809
-
21 061
-
Employer
18 070
-
72 285
-
health
253
-
1 012
-
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

3 072
-
12 288
-
accident
144
-
578
-
unemployment
180
-
722
-
other
904
-
3 614
-
total
4 553
-
18 214
-
Corporate
67 876
90 500
-
-
income
14 254
19 005
-
-
total
14 254
19 005
-
-
Dividends
53 622
71 495
-
-
withholding
3 753
5 005
-
-
total
3 753
5 005
-
-
Income
90 500
90 500
90 500
90 500
Total tax
27 369
24 010
39 275
39 335
After tax
63 131
66 490
51 225
51 165
Living cost
13 261
13 261
13 261
13 261
Free-cash
49 870
53 229
37 964
37 904

Estimated living cost  is ₴13261 per week

₴9370
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴895
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴213
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2782
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴25677
₴18370
₴26545
₴27731
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 176
pensions
-
-
-
4 531
total
-
-
-
30 707
Employee
47 041
-
79 030
-
pensions
4 538
-
5 552
-
income
8 480
-
20 726
-
health
775
-
1 134
-
total
13 793
-
27 412
-
Employer
47 041
-
79 030
-
health
893
-
1 501
-
pensions
5 554
-
9 969
-
total
6 447
-
11 470
-
Corporate
37 011
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.

7 032
17 195
-
-
total
7 032
17 195
-
-
Dividends
29 979
73 305
-
-
withholding
2 249
14 380
-
-
total
2 249
14 380
-
-
Income
90 500
90 500
90 500
90 500
Total tax
29 521
31 575
38 882
30 707
After tax
60 979
58 925
51 618
59 793
Living cost
33 248
33 248
33 248
33 248
Free-cash
27 731
25 677
18 370
26 545

Estimated living cost  is ₴33248 per week

₴24914
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3906
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.
₴4158
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴70853
₴69342
₴65760
₴68542
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
income
-
-
-
13 575
unemployment
-
-
-
70
health
-
-
-
1 999
pensions

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

-
-
-
2 572
total
-
-
-
18 216
Employee
8 638
-
87 090
-
accident

We are using the highest rate at 1.1%.

95
-
191
-
pensions

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

758
-
1 526
-
income
864
-
8 709
-
health
397
-
799
-
total
2 114
-
11 225
-
Employer
8 638
-
87 090
-
health
596
-
1 199
-
pensions

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

952
-
1 915
-
accident

We are using the highest rate at 1.1%.

95
-
191
-
unemployment
52
-
104
-
total
1 695
-
3 409
-
Corporate
80 167
90 500
-
-
income
8 017
9 050
-
-
total
8 017
9 050
-
-
Dividends
72 150
81 450
-
-
withholding
3 608
4 073
-
-
total
3 608
4 073
-
-
Income
90 500
90 500
90 500
90 500
Total tax
15 434
13 123
14 634
18 216
After tax
75 066
77 377
75 866
72 284
Living cost
6 524
6 524
6 524
6 524
Free-cash
68 542
70 853
69 342
65 760

Estimated living cost  is ₴6524 per week

₴3809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴466
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴173
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2076
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴17251
₴29253
₴22169
₴18504
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 766
health
-
-
-
6 137
pensions
-
-
-
5 831
total
-
-
-
40 734
Employee
46 141
42 499
81 251
-
pensions
5 831
5 831
5 831
-
income

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

6 956
6 956
12 433
-
health
5 756
5 549
6 137
-
total
18 543
18 336
24 401
-
Employer
46 141
42 499
81 251
-
health
3 206
2 954
3 671
-
pensions
3 211
2 958
3 677
-
unemployment
1 661
1 530
1 901
-
total
8 078
7 442
9 249
-
Corporate
36 281
40 558
-
-
income
7 256
8 112
-
-
total
7 256
8 112
-
-
Dividends
29 025
32 447
-
-
income
6 168
6 895
-
-
withholding
4 354
4 867
-
-
total
10 522
11 762
-
-
Income
90 500
90 500
90 500
90 500
Total tax
44 399
45 652
33 650
40 734
After tax
46 101
44 848
56 850
49 766
Living cost
27 597
27 597
27 597
27 597
Free-cash
18 504
17 251
29 253
22 169

Estimated living cost  is ₴27597 per week

₴20357
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2465
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴316
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4459
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴50104
₴35376
₴39367
₴45750
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 108
social contributions
-
-
-
17 562
solidarity contribution
-
-
-
40
health
-
-
-
12 218
total
-
-
-
38 928
Employee
17 948
-
69 233
-
solidarity contribution
-
-
-
-
social contributions
1 167
-
3 909
-
income
2 154
-
8 397
-
health
2 423
-
9 346
-
total
5 744
-
21 652
-
Employer
17 948
-
69 233
-
health
1 615
-
6 231
-
social contributions
4 487
-
15 036
-
total
6 102
-
21 267
-
Corporate
66 449
90 500
-
-
income
12 625
17 195
-
-
total
12 625
17 195
-
-
Dividends
53 824
73 305
-
-
withholding
8 074
10 996
-
-
total
8 074
10 996
-
-
Income
90 500
90 500
90 500
90 500
Total tax
32 545
28 191
42 919
38 928
After tax
57 955
62 309
47 581
51 572
Living cost
12 205
12 205
12 205
12 205
Free-cash
45 750
50 104
35 376
39 367

Estimated living cost  is ₴12205 per week

₴8478
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴868
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴240
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2619
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴27286
₴17999
₴22088
₴24687
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 276
regional
-
-
-
1 071
municipal
-
-
-
537
national
-
-
-
22 528
total
-
-
-
47 412
Employee
44 230
-
90 500
-
municipal
234
-
480
-
national
7 664
-
19 559
-
regional
417
-
946
-
social contributions
14 914
-
30 516
-
total
23 229
-
51 501
-
Employer
44 230
-
90 500
-
total
-
-
-
-
Corporate
46 270
90 500
-
-
municipal
1 805
3 529
-
-
nationa
11 105
21 720
-
-
total
12 910
25 249
-
-
Dividends
33 360
65 251
-
-
withholding
8 674
16 965
-
-
total
8 674
16 965
-
-
Income
90 500
90 500
90 500
90 500
Total tax
44 813
42 214
51 501
47 412
After tax
45 687
48 286
38 999
43 088
Living cost
21 000
21 000
21 000
21 000
Free-cash
24 687
27 286
17 999
22 088

Estimated living cost  is ₴21000 per week

₴14639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴322
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4662
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴45942
₴28764
₴31806
₴44394
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 586
other
-
-
-
-
surtax
-
-
-
4 013
unemployment
-
-
-
113
health
-
-
-
4 716
pensions
-
-
-
13 284
total
-
-
-
47 712
Employee
16 458
-
76 519
-
other
-
-
-
-
unemployment
1 146
-
4 623
-
pensions
1 097
-
4 430
-
surtax
54
-
3 418
-
income
2 759
-
22 609
-
health
420
-
1 693
-
total
5 476
-
36 773
-
Employer
16 458
-
76 519
-
health
749
-
3 022
-
pensions
2 194
-
8 854
-
unemployment
521
-
2 105
-
other
-
-
-
-
total
3 464
-
13 981
-
Corporate
70 578
90 500
-
-
income
18 350
23 530
-
-
total
18 350
23 530
-
-
Dividends
52 228
66 970
-
-
withholding
7 834
10 046
-
-
total
7 834
10 046
-
-
Income
90 500
90 500
90 500
90 500
Total tax
35 124
33 576
50 754
47 712
After tax
55 376
56 924
39 746
42 788
Living cost
10 982
10 982
10 982
10 982
Free-cash
44 394
45 942
28 764
31 806

Estimated living cost  is ₴10982 per week

₴6715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1013
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴253
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3000
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴36211
₴28904
₴37079
₴39493
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 176
pensions
-
-
-
4 531
total
-
-
-
30 707
Employee
31 526
-
79 030
-
pensions
2 676
-
5 552
-
income
5 678
-
20 726
-
health
458
-
1 134
-
total
8 812
-
27 412
-
Employer
31 526
-
79 030
-
health
599
-
1 501
-
pensions
3 413
-
9 969
-
total
4 012
-
11 470
-
Corporate
54 963
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.

10 443
17 195
-
-
total
10 443
17 195
-
-
Dividends
44 520
73 305
-
-
withholding
5 026
14 380
-
-
total
5 026
14 380
-
-
Income
90 500
90 500
90 500
90 500
Total tax
28 293
31 575
38 882
30 707
After tax
62 207
58 925
51 618
59 793
Living cost
22 714
22 714
22 714
22 714
Free-cash
39 493
36 211
28 904
37 079

Estimated living cost  is ₴22714 per week

₴17017
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1703
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴3756
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴2090
₴29780
₴33896
₴18901
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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
regional
-
-
-
4 485
health
-
-
-
204
city
-
-
-
954
national
-
-
-
1 531
pensions
-
-
-
8 325
total
-
-
-
17 309
Employee
45 985
-
81 002
-
unemployment
-
-
-
-
pensions
3 863
-
6 804
-
national
218
-
1 104
-
regional
1 506
-
3 857
-
city
494
-
870
-
health
104
-
183
-
total
6 185
-
12 818
-
Employer
45 985
-
81 002
-
health
104
-
183
-
pensions
3 863
-
6 804
-
unemployment
-
-
-
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

919
-
1 620
-
total
4 886
-
8 607
-
Corporate
39 122
90 500
-
-
regional
8 275
19 140
-
-
national
3 325
7 692
-
-
total
11 600
26 832
-
-
Dividends
27 522
63 667
-
-
withholding
9 633
22 283
-
-
total
9 633
22 283
-
-
Income
90 500
90 500
90 500
90 500
Total tax
32 304
49 115
21 425
17 309
After tax
58 196
41 385
69 075
73 191
Living cost
39 295
39 295
39 295
39 295
Free-cash
18 901
2 090
29 780
33 896

Estimated living cost  is ₴39295 per week

₴25553
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3526
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴9733
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴21910
₴34457
₴22905
₴29980
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
28 289
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.

-
-
-
1 555
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.

-
-
-
3 400
trade
-
-
-
11 552
total
-
-
-
44 796
Employee

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

29 909
-
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.

194
-
1 555
-
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.

3 517
-
28 289
-
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.

3 400
-
3 400
-
total
7 111
-
33 244
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
60 591
90 500
-
-
income
9 088
13 575
-
-
surtax

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

500
747
-
-
chamber of commerce
161
203
-
-
trade
10 392
15 521
-
-
total
20 141
30 046
-
-
Dividends
40 451
60 454
-
-
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.

546
821
-
-
withholding
9 923
14 924
-
-
total
10 469
15 745
-
-
Income
90 500
90 500
90 500
90 500
Total tax
37 721
45 791
33 244
44 796
After tax
52 779
44 709
57 256
45 704
Living cost
22 799
22 799
22 799
22 799
Free-cash
29 980
21 910
34 457
22 905

Estimated living cost  is ₴22799 per week

₴16651
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1824
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴297
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4028
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴28585
₴32378
₴33924
₴31526
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
income
-
-
-
14 380
other
-
-
-
2 806
surtax
-
-
-
-
social contributions
-
-
-
2 579
health
-
-
-
3 916
pensions
-
-
-
15 868
total
-
-
-
39 549
Employee
21 300
-
69 969
-
pensions
2 408
-
4 895
-
surtax
-
-
-
-
social contributions
607
-
1 994
-
income
1 257
-
13 674
-
total
4 272
-
20 563
-
Employer
21 300
-
69 969
-
health
1 491
-
6 510
-
pensions
3 499
-
8 237
-
unemployment
862
-
2 833
-
social contributions
64
-
210
-
other
735
-
2 742
-
total
6 651
-
20 532
-
Corporate
62 549
90 500
-
-
income
17 514
25 340
-
-
surtax
-
-
-
-
total
17 514
25 340
-
-
Dividends
45 035
65 160
-
-
surtax
-
-
-
-
social contributions
7 745
11 208
-
-
withholding
5 765
8 340
-
-
total
13 510
19 548
-
-
Income
90 500
90 500
90 500
90 500
Total tax
41 947
44 888
41 095
39 549
After tax
48 553
45 612
49 405
50 951
Living cost
17 027
17 027
17 027
17 027
Free-cash
31 526
28 585
32 378
33 924

Estimated living cost  is ₴17027 per week

₴10736
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1385
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴290
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4617
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴30272
₴34065
₴35611
₴33038
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
income
-
-
-
14 380
other
-
-
-
2 806
surtax
-
-
-
-
social contributions
-
-
-
2 579
health
-
-
-
3 916
pensions
-
-
-
15 868
total
-
-
-
39 549
Employee
19 013
-
69 969
-
pensions
2 150
-
4 895
-
surtax
-
-
-
-
social contributions
542
-
1 994
-
income
980
-
13 674
-
total
3 672
-
20 563
-
Employer
19 013
-
69 969
-
health
1 331
-
6 510
-
pensions
3 124
-
8 237
-
unemployment
770
-
2 833
-
social contributions
57
-
210
-
other
656
-
2 742
-
total
5 938
-
20 532
-
Corporate
65 549
90 500
-
-
income
18 354
25 340
-
-
surtax
-
-
-
-
total
18 354
25 340
-
-
Dividends
47 195
65 160
-
-
surtax
-
-
-
-
social contributions
8 117
11 208
-
-
withholding
6 041
8 340
-
-
total
14 158
19 548
-
-
Income
90 500
90 500
90 500
90 500
Total tax
42 122
44 888
41 095
39 549
After tax
48 378
45 612
49 405
50 951
Living cost
15 340
15 340
15 340
15 340
Free-cash
33 038
30 272
34 065
35 611

Estimated living cost  is ₴15340 per week

₴8897
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1558
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.
₴4595
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴44660
₴45616
₴47566
₴44919
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
income
-
-
-
13 575
social contributions
-
-
-
12 489
health
-
-
-
6 317
total
-
-
-
32 381
Employee
16 874
-
90 500
-
social contributions
2 329
-
12 489
-
income
2 814
-
15 525
-
health
1 178
-
6 317
-
total
6 321
-
34 331
-
Employer
16 874
-
90 500
-
total
-
-
-
-
Corporate
73 626
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%.

3 681
4 525
-
-
total
3 681
4 525
-
-
Dividends
69 944
85 975
-
-
social contributions
9 652
11 865
-
-
withholding
10 492
12 896
-
-
health
4 882
6 001
-
-
total
25 026
30 762
-
-
Income
90 500
90 500
90 500
90 500
Total tax
35 028
35 287
34 331
32 381
After tax
55 472
55 213
56 169
58 119
Living cost
10 553
10 553
10 553
10 553
Free-cash
44 919
44 660
45 616
47 566

Estimated living cost  is ₴10553 per week

₴7062
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴651
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.
₴2596
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴32509
₴6415
₴28921
₴31743
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 328
surtax
-
-
-
98
unemployment
-
-
-
3 052
chamber of commerce
-
-
-
362
health
-
-
-
4 447
pensions
-
-
-
10 756
total
-
-
-
44 043
Employee
24 872
19 833
72 612
-
other
248
198
582
-
unemployment
746
595
1 744
-
pensions
2 547
2 031
5 954
-
income
2 831
1 463
20 450
-
health
962
768
2 250
-
total
7 334
5 055
30 980
-
Employer
24 872
19 833
72 612
-
chamber of commerce
99
79
291
-
health
940
750
2 198
-
pensions
3 121
2 490
7 297
-
accident
323
258
756
-
unemployment
746
595
1 744
-
surtax
98
98
98
-
payroll
746
595
2 179
-
other
1 181
942
3 325
-
total
7 254
5 807
17 888
-
Corporate
58 373
64 861
70 724
-
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.

14 593
16 215
17 681
-
total
14 593
16 215
17 681
-
Dividends
43 780
48 646
-
-
withholding
12 040
13 378
-
-
total
12 040
13 378
-
-
Income
90 500
90 500
90 500
90 500
Total tax
41 221
40 455
66 549
44 043
After tax
49 279
50 045
23 951
46 457
Living cost
17 536
17 536
17 536
17 536
Free-cash
31 743
32 509
6 415
28 921

Estimated living cost  is ₴17536 per week

₴11696
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1496
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴4056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₴32462
₴13559
₴21108
₴24997
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
4 685
social contributions
-
-
-
12 408
national
-
-
-
34 153
total
-
-
-
51 246
Employee

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

35 599
-
70 096
-
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.

310
-
610
-
communal

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

1 857
-
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.

2 670
-
5 257
-
national
10 945
-
25 573
-
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.

1 673
-
3 295
-
total
17 455
-
38 391
-
Employer

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

35 599
-
70 096
-
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.

2 189
-
4 310
-
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.

3 154
-
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.

463
-
911
-
unemployment

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

519
-
1 024
-
surtax
4 036
-
7 948
-
total
10 361
-
20 404
-
Corporate
44 539
90 500
-
-
income
8 908
18 100
-
-
surtax
178
362
-
-
total
9 086
18 462
-
-
Dividends
35 452
72 038
-
-
withholding

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

10 455
21 430
-
-
total
10 455
21 430
-
-
Income
90 500
90 500
90 500
90 500
Total tax
47 357
39 892
58 795
51 246
After tax
43 143
50 608
31 705
39 254
Living cost
18 146
18 146
18 146
18 146
Free-cash
24 997
32 462
13 559
21 108

Estimated living cost  is ₴18146 per week

₴11688
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1587
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴284
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4587
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴42317
₴30697
₴32784
₴38908
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
accident
-
-
-
416
income
-
-
-
25 904
other
-
-
-
46
unemployment
-
-
-
323
pensions
-
-
-
13 054
total
-
-
-
39 743
Employee
24 773
-
75 794
-
other
25
-
46
-
unemployment
384
-
715
-
pensions
1 164
-
2 168
-
income
5 227
-
24 196
-
total
6 800
-
27 125
-
Employer
24 773
-
75 794
-
pensions
5 846
-
10 886
-
accident
490
-
913
-
unemployment
1 363
-
2 537
-
other
197
-
369
-
total
7 896
-
14 705
-
Corporate
57 831
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.

8 675
13 575
-
-
total
8 675
13 575
-
-
Dividends
49 156
76 925
-
-
withholding
10 248
16 635
-
-
total
10 248
16 635
-
-
Income
90 500
90 500
90 500
90 500
Total tax
33 619
30 210
41 830
39 743
After tax
56 881
60 290
48 670
50 757
Living cost
17 973
17 973
17 973
17 973
Free-cash
38 908
42 317
30 697
32 784

Estimated living cost  is ₴17973 per week

₴13235
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1275
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴259
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴25697
₴20990
₴17381
₴19242
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 719
accident
-
-
-
763
income
-
-
-
15 180
surtax
-
-
-
4 487
health
-
-
-
6 359
pensions
-
-
-
13 565
total
-
-
-
46 073
Employee
37 688
-
80 839
-
pensions
3 015
-
6 467
-
surtax
2 310
-
4 954
-
income
3 640
-
17 786
-
health
1 677
-
3 597
-
total
10 642
-
32 804
-
Employer
37 688
-
80 839
-
health
1 149
-
2 466
-
pensions
3 015
-
6 467
-
accident
339
-
727
-
total
4 503
-
9 660
-
Corporate
48 308
90 500
-
-
communal
3 261
6 109
-
-
income
7 247
13 575
-
-
surtax
507
950
-
-
total
11 015
20 634
-
-
Dividends
37 294
69 866
-
-
income
12 458
6 643
-
-
withholding
5 594
10 480
-
-
total
18 052
17 123
-
-
Income
90 500
90 500
90 500
90 500
Total tax
44 212
37 757
42 464
46 073
After tax
46 288
52 743
48 036
44 427
Living cost
27 046
27 046
27 046
27 046
Free-cash
19 242
25 697
20 990
17 381

Estimated living cost  is ₴27046 per week

₴20288
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1639
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.
₴4832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴45746
₴28568
₴31610
₴44164
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 586
other
-
-
-
-
surtax
-
-
-
4 013
unemployment
-
-
-
113
health
-
-
-
4 716
pensions
-
-
-
13 284
total
-
-
-
47 712
Employee
16 760
-
76 519
-
other
-
-
-
-
unemployment
1 166
-
4 623
-
pensions
1 118
-
4 430
-
surtax
59
-
3 418
-
income
2 810
-
22 609
-
health
428
-
1 693
-
total
5 581
-
36 773
-
Employer
16 760
-
76 519
-
health
762
-
3 022
-
pensions
2 235
-
8 854
-
unemployment
532
-
2 105
-
other
-
-
-
-
total
3 529
-
13 981
-
Corporate
70 212
90 500
-
-
income
18 255
23 530
-
-
total
18 255
23 530
-
-
Dividends
51 957
66 970
-
-
withholding
7 793
10 046
-
-
total
7 793
10 046
-
-
Income
90 500
90 500
90 500
90 500
Total tax
35 158
33 576
50 754
47 712
After tax
55 342
56 924
39 746
42 788
Living cost
11 178
11 178
11 178
11 178
Free-cash
44 164
45 746
28 568
31 610

Estimated living cost  is ₴11178 per week

₴6749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴972
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴260
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3199
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴34163
₴25321
₴29389
₴33057
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 276
regional
-
-
-
1 364
municipal
-
-
-
537
national
-
-
-
22 528
total
-
-
-
47 705
Employee
27 607
-
90 500
-
municipal
146
-
480
-
national
4 374
-
19 559
-
regional
372
-
1 218
-
social contributions
9 309
-
30 516
-
total
14 201
-
51 773
-
Employer
27 607
-
90 500
-
total
-
-
-
-
Corporate
62 893
90 500
-
-
municipal
3 126
4 497
-
-
nationa
15 095
21 720
-
-
total
18 221
26 217
-
-
Dividends
44 672
64 283
-
-
withholding
11 615
16 714
-
-
total
11 615
16 714
-
-
Income
90 500
90 500
90 500
90 500
Total tax
44 037
42 931
51 773
47 705
After tax
46 463
47 569
38 727
42 795
Living cost
13 406
13 406
13 406
13 406
Free-cash
33 057
34 163
25 321
29 389

Estimated living cost  is ₴13406 per week

₴8337
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴229
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3481
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴47270
₴32542
₴36533
₴41905
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 108
social contributions
-
-
-
17 562
solidarity contribution
-
-
-
40
health
-
-
-
12 218
total
-
-
-
38 928
Employee
22 117
-
69 233
-
solidarity contribution
-
-
-
-
social contributions
1 438
-
3 909
-
income
2 654
-
8 397
-
health
2 986
-
9 346
-
total
7 078
-
21 652
-
Employer
22 117
-
69 233
-
health
1 990
-
6 231
-
social contributions
5 529
-
15 036
-
total
7 519
-
21 267
-
Corporate
60 863
90 500
-
-
income
11 564
17 195
-
-
total
11 564
17 195
-
-
Dividends
49 299
73 305
-
-
withholding
7 395
10 996
-
-
total
7 395
10 996
-
-
Income
90 500
90 500
90 500
90 500
Total tax
33 556
28 191
42 919
38 928
After tax
56 944
62 309
47 581
51 572
Living cost
15 039
15 039
15 039
15 039
Free-cash
41 905
47 270
32 542
36 533

Estimated living cost  is ₴15039 per week

₴11184
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴833
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴260
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2762
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴34221
₴8098
₴30677
₴33975
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 328
surtax
-
-
-
-
unemployment
-
-
-
3 052
chamber of commerce
-
-
-
362
health
-
-
-
4 447
pensions
-
-
-
10 756
total
-
-
-
43 945
Employee
21 755
19 833
72 705
-
other
217
198
582
-
unemployment
653
595
1 744
-
pensions
2 228
2 031
5 954
-
income
1 938
1 463
20 494
-
health
841
768
2 250
-
total
5 877
5 055
31 024
-
Employer
21 755
19 833
72 705
-
chamber of commerce
87
79
291
-
health
823
750
2 198
-
pensions
2 730
2 490
7 297
-
accident
282
258
756
-
unemployment
653
595
1 744
-
surtax
-
-
-
-
payroll
653
595
2 181
-
other
1 033
942
3 329
-
total
6 261
5 709
17 796
-
Corporate
62 485
64 959
70 816
-
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.

15 621
16 239
17 704
-
total
15 621
16 239
17 704
-
Dividends
46 864
48 719
-
-
withholding
12 888
13 398
-
-
total
12 888
13 398
-
-
Income
90 500
90 500
90 500
90 500
Total tax
40 647
40 401
66 524
43 945
After tax
49 853
50 099
23 976
46 555
Living cost
15 878
15 878
15 878
15 878
Free-cash
33 975
34 221
8 098
30 677

Estimated living cost  is ₴15878 per week

₴9525
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1622
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴283
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₴79726
₴66151
₴83346
₴78555
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
7 811
-
90 500
-
income
1 562
-
18 100
-
total
1 562
-
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%.

82 689
90 500
-
-
total
-
-
-
-
Dividends
82 689
90 500
-
-
withholding
4 134
4 525
-
-
total
4 134
4 525
-
-
Income
90 500
90 500
90 500
90 500
Total tax
5 696
4 525
18 100
905
After tax
84 804
85 975
72 400
89 595
Living cost
6 249
6 249
6 249
6 249
Free-cash
78 555
79 726
66 151
83 346

Estimated living cost  is ₴6249 per week

₴4229
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴262
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.
₴1548
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴48960
₴28311
₴30708
₴44798
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
20 874
unemployment
-
-
-
136
health
-
-
-
8 905
pensions
-
-
-
16 528
total
-
-
-
46 443
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.

22 007
-
78 307
-
unemployment
31
-
110
-
pensions
3 411
-
12 138
-
income
3 795
-
19 342
-
health
1 421
-
5 058
-
total
8 658
-
36 648
-
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.

22 007
-
78 307
-
health
1 466
-
5 215
-
pensions
1 947
-
6 930
-
unemployment
13
-
47
-
total
3 426
-
12 192
-
Corporate
65 066
90 500
-
-
income
12 363
17 195
-
-
total
12 363
17 195
-
-
Dividends
52 704
73 305
-
-
withholding
7 906
10 996
-
-
total
7 906
10 996
-
-
Income
90 500
90 500
90 500
90 500
Total tax
32 353
28 191
48 840
46 443
After tax
58 147
62 309
41 660
44 057
Living cost
13 349
13 349
13 349
13 349
Free-cash
44 798
48 960
28 311
30 708

Estimated living cost  is ₴13349 per week

₴9161
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴259
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3074
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴33802
₴62761
₴41285
₴10367
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
income
-
-
-
17 640
social contributions
-
-
-
10 317
total
-
-
-
27 957
Employee
30 481
-
-
-
social contributions
2 499
-
356
-
income
6 724
-
-
-
total
9 223
-
356
-
Employer
30 481
-
-
-
social contributions
42 979
-
6 125
-
total
42 979
-
6 125
-
Corporate
17 040
90 500
-
-
income
3 749
19 910
-
-
total
3 749
19 910
-
-
Dividends
13 291
70 590
-
-
income
2 924
15 530
-
-
total
2 924
15 530
-
-
Income
90 500
90 500
90 500
90 500
Total tax
58 875
35 440
6 481
27 957
After tax
31 625
55 060
84 019
62 543
Living cost
21 258
21 258
21 258
21 258
Free-cash
10 367
33 802
62 761
41 285

Estimated living cost  is ₴21258 per week

₴13793
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴271
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴35866
₴25813
₴32675
₴35365
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
90 500
income
-
-
-
10 766
surtax
-
-
-
-
social contributions

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

-
-
-
31 449
total
-
-
-
42 215
Employee
22 889
-
73 131
-
surtax
-
-
-
-
social contributions
2 518
-
8 045
-
income
4 761
-
23 663
-
total
7 279
-
31 708
-
Employer
22 889
-
73 131
-
social contributions
5 436
-
17 369
-
total
5 436
-
17 369
-
Corporate
62 175
90 500
-
-
income
13 057
19 005
-
-
surtax
-
-
-
-
total
13 057
19 005
-
-
Dividends
49 118
71 495
-
-
withholding
13 753
20 019
-
-
total
13 753
20 019
-
-
Income
90 500
90 500
90 500
90 500
Total tax
39 525
39 024
49 077
42 215
After tax
50 975
51 476
41 423
48 285
Living cost
15 610
15 610
15 610
15 610
Free-cash
35 365
35 866
25 813
32 675

Estimated living cost  is ₴15610 per week

₴11680
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴261
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2749
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴21575
₴25368
₴26914
₴24994
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
income
-
-
-
14 380
other
-
-
-
2 806
surtax
-
-
-
-
social contributions
-
-
-
2 579
health
-
-
-
3 916
pensions
-
-
-
15 868
total
-
-
-
39 549
Employee
31 170
-
69 969
-
pensions
3 526
-
4 895
-
surtax
-
-
-
-
social contributions
888
-
1 994
-
income
2 720
-
13 674
-
total
7 134
-
20 563
-
Employer
31 170
-
69 969
-
health
2 182
-
6 510
-
pensions
5 122
-
8 237
-
unemployment
1 263
-
2 833
-
social contributions
93
-
210
-
other
1 076
-
2 742
-
total
9 736
-
20 532
-
Corporate
49 594
90 500
-
-
income
13 887
25 340
-
-
surtax
-
-
-
-
total
13 887
25 340
-
-
Dividends
35 708
65 160
-
-
surtax
-
-
-
-
social contributions
6 142
11 208
-
-
withholding
4 570
8 340
-
-
total
10 712
19 548
-
-
Income
90 500
90 500
90 500
90 500
Total tax
41 469
44 888
41 095
39 549
After tax
49 031
45 612
49 405
50 951
Living cost
24 037
24 037
24 037
24 037
Free-cash
24 994
21 575
25 368
26 914

Estimated living cost  is ₴24037 per week

₴16268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1966
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴330
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5473
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴66490
₴53998
₴51594
₴64818
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 036
social contributions
-
-
-
19 910
total
-
-
-
23 946
Employee
16 000
-
78 355
-
income
-
-
4 304
-
social contributions
1 040
-
5 093
-
total
1 040
-
9 397
-
Employer
16 000
-
78 355
-
social contributions
2 480
-
12 145
-
total
2 480
-
12 145
-
Corporate
72 020
90 500
-
-
income
7 202
9 050
-
-
total
7 202
9 050
-
-
Dividends
64 818
81 450
-
-
total
-
-
-
-
Income
90 500
90 500
90 500
90 500
Total tax
10 722
9 050
21 542
23 946
After tax
79 778
81 450
68 958
66 554
Living cost
14 960
14 960
14 960
14 960
Free-cash
64 818
66 490
53 998
51 594

Estimated living cost  is ₴14960 per week

₴9673
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1128
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴281
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3878
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴17927
-₴17927
₴29244
-₴17927
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 206
municipal
-
-
-
18 936
national
-
-
-
10 716
pensions
-
-
-
431
total
-
-
-
37 289
Employee
101 158
101 158
101 158
-
municipal
21 541
21 541
21 541
-
labour market
8 081
8 081
8 081
-
pensions
144
144
144
-
national
12 358
12 358
12 358
-
total
42 124
42 124
42 124
-
Employer
101 158
101 158
101 158
-
national
12 380
12 380
12 380
-
labour market
8 093
8 093
8 093
-
pensions
288
288
288
-
municipal
21 575
21 575
21 575
-
total
42 336
42 336
42 336
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
90 500
90 500
90 500
90 500
Total tax
84 460
84 460
84 460
37 289
After tax
6 040
6 040
6 040
53 211
Living cost
23 967
23 967
23 967
23 967
Free-cash
-17 927
-17 927
-17 927
29 244

Estimated living cost  is ₴23967 per week

₴16403
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2120
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴369
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴5075
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴3616
₴38265
₴50914
₴5650
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
accident
-
-
-
128
income
-
-
-
25 122
other
-
-
-
187
health
-
-
-
1 101
pensions
-
-
-
2 101
total
-
-
-
28 639
Employee
17 220
-
81 575
-
pensions
1 939
-
3 853
-
income
2 362
-
19 170
-
health
1 972
-
9 340
-
total
6 273
-
32 363
-
Employer
17 220
-
81 575
-
pensions
2 800
-
5 564
-
accident
288
-
1 362
-
unemployment
422
-
1 999
-
total
3 510
-
8 925
-
Corporate
69 771
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.

62 794
81 450
-
-
total
62 794
81 450
-
-
Dividends
6 977
9 050
-
-
withholding
1 326
1 719
-
-
total
1 326
1 719
-
-
Income
90 500
90 500
90 500
90 500
Total tax
73 903
83 169
41 288
28 639
After tax
16 597
7 331
49 212
61 861
Living cost
10 947
10 947
10 947
10 947
Free-cash
5 650
-3 616
38 265
50 914

Estimated living cost  is ₴10947 per week

₴7968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴624
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴205
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2149
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴37426
₴28189
₴38853
₴38745
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 186
municipal
-
-
-
16 076
national
-
-
-
15 278
total
-
-
-
32 540
Employee
26 184
-
76 133
-
municipal
4 289
-
12 400
-
unemployment
393
-
1 142
-
pensions
1 767
-
5 139
-
national
433
-
9 193
-
health
195
-
964
-
total
7 077
-
28 838
-
Employer
26 184
-
76 133
-
health
201
-
586
-
pensions
4 543
-
13 209
-
accident
26
-
76
-
unemployment
170
-
495
-
total
4 940
-
14 366
-
Corporate
59 376
90 500
-
-
income
11 875
18 100
-
-
total
11 875
18 100
-
-
Dividends

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

35 626
54 300
-
-
municipal
6 413
9 774
-
-
national
2 343
6 093
-
-
total
8 756
15 867
-
-
Income
90 500
90 500
90 500
90 500
Total tax
32 648
33 967
43 204
32 540
After tax
57 852
56 533
47 296
57 960
Living cost
19 107
19 107
19 107
19 107
Free-cash
38 745
37 426
28 189
38 853

Estimated living cost  is ₴19107 per week

₴12481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1838
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴304
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴54488
₴49403
₴50192
₴51778
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 425
social contributions
-
-
-
8 052
health
-
-
-
2 308
total
-
-
-
28 785
Employee
38 269
38 269
84 650
-
social contributions
1 447
3 176
4 284
-
income
4 167
3 543
18 001
-
health
297
651
1 439
-
total
5 911
7 370
23 724
-
Employer
38 269
38 269
84 650
-
health
322
708
1 566
-
social contributions
1 447
3 176
4 284
-
total
1 769
3 884
5 850
-
Corporate
71 298
48 347
-
-
income
8 913
6 043
-
-
total
8 913
6 043
-
-
Dividends
62 386
42 303
-
-
withholding
10 606
7 192
-
-
total
10 606
7 192
-
-
Income
90 500
90 500
90 500
90 500
Total tax
27 199
24 489
29 574
28 785
After tax
63 301
66 011
60 926
61 715
Living cost
11 523
11 523
11 523
11 523
Free-cash
51 778
54 488
49 403
50 192

Estimated living cost  is ₴11523 per week

₴6906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1130
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.
₴3232
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴67041
₴58403
₴68386
₴64509
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
9 231
unemployment
-
-
-
14
health
-
-
-
1 801
pensions
-
-
-
3 166
total
-
-
-
14 212
Employee

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

11 423
-
85 636
-
unemployment
57
-
236
-
pensions
1 713
-
7 083
-
income
781
-
7 998
-
health
971
-
4 014
-
total
3 522
-
19 331
-
Employer

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

11 423
-
85 636
-
health
491
-
2 031
-
pensions
628
-
2 597
-
unemployment
57
-
236
-
total
1 176
-
4 864
-
Corporate
77 901
90 500
-
-
income
7 011
8 145
-
-
total
7 011
8 145
-
-
Dividends
70 889
82 355
-
-
withholding
6 380
7 412
-
-
total
6 380
7 412
-
-
Income
90 500
90 500
90 500
90 500
Total tax
18 089
15 557
24 195
14 212
After tax
72 411
74 943
66 305
76 288
Living cost
7 902
7 902
7 902
7 902
Free-cash
64 509
67 041
58 403
68 386

Estimated living cost  is ₴7902 per week

₴5041
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴569
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴235
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2055
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴46605
₴34985
₴37072
₴44409
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
accident
-
-
-
416
income
-
-
-
25 904
other
-
-
-
46
unemployment
-
-
-
323
pensions
-
-
-
13 054
total
-
-
-
39 743
Employee
18 402
-
75 794
-
other
18
-
46
-
unemployment
285
-
715
-
pensions
865
-
2 168
-
income
3 548
-
24 196
-
total
4 716
-
27 125
-
Employer
18 402
-
75 794
-
pensions
4 342
-
10 886
-
accident
365
-
913
-
unemployment
1 012
-
2 537
-
other
147
-
369
-
total
5 866
-
14 705
-
Corporate
66 231
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.

9 934
13 575
-
-
total
9 934
13 575
-
-
Dividends
56 297
76 925
-
-
withholding
11 890
16 635
-
-
total
11 890
16 635
-
-
Income
90 500
90 500
90 500
90 500
Total tax
32 406
30 210
41 830
39 743
After tax
58 094
60 290
48 670
50 757
Living cost
13 685
13 685
13 685
13 685
Free-cash
44 409
46 605
34 985
37 072

Estimated living cost  is ₴13685 per week

₴9237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1316
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴240
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2893
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴55464
₴57153
₴57225
₴55298
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 999
health
-
-
-
533
pensions
-
-
-
735
total
-
-
-
32 267
Employee
1 535
-
89 673
-
unemployment
15
-
37
-
pensions
138
-
331
-
income
297
-
30 960
-
health
77
-
184
-
total
527
-
31 512
-
Employer
1 535
-
89 673
-
health
146
-
349
-
pensions
169
-
404
-
unemployment
31
-
74
-
total
346
-
827
-
Corporate
88 619
90 500
-
-
income
19 496
19 910
-
-
total
19 496
19 910
-
-
Dividends
69 123
70 590
-
-
withholding
13 825
14 118
-
-
total
13 825
14 118
-
-
Income
90 500
90 500
90 500
90 500
Total tax
34 194
34 028
32 339
32 267
After tax
56 306
56 472
58 161
58 233
Living cost
1 008
1 008
1 008
1 008
Free-cash
55 298
55 464
57 153
57 225

Estimated living cost  is ₴1008 per week

₴599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴82
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴23
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴304
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴56795
₴47483
₴47482
₴54352
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
20 550
unemployment
-
-
-
551
health
-
-
-
3 781
pensions
-
-
-
9 545
total
-
-
-
34 427
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.

12 954
-
83 929
-
unemployment
97
-
275
-
pensions
1 814
-
5 139
-
income
1 786
-
20 550
-
health
667
-
1 891
-
total
4 364
-
27 855
-
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.

12 954
-
83 929
-
health
667
-
1 891
-
pensions
1 554
-
4 405
-
unemployment
97
-
275
-
total
2 318
-
6 571
-
Corporate
75 227
90 500
-
-
income
11 284
13 575
-
-
total
11 284
13 575
-
-
Dividends
63 943
76 925
-
-
withholding
9 591
11 539
-
-
total
9 591
11 539
-
-
Income
90 500
90 500
90 500
90 500
Total tax
27 557
25 114
34 426
34 427
After tax
62 943
65 386
56 074
56 073
Living cost
8 590
8 590
8 590
8 590
Free-cash
54 352
56 795
47 483
47 482

Estimated living cost  is ₴8590 per week

₴5784
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴249
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1893
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴38059
₴28006
₴34868
₴37881
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
90 500
income
-
-
-
10 766
surtax
-
-
-
-
social contributions

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

-
-
-
31 449
total
-
-
-
42 215
Employee
19 316
-
73 131
-
surtax
-
-
-
-
social contributions
2 125
-
8 045
-
income
3 774
-
23 663
-
total
5 899
-
31 708
-
Employer
19 316
-
73 131
-
social contributions
4 587
-
17 369
-
total
4 587
-
17 369
-
Corporate
66 597
90 500
-
-
income
13 985
19 005
-
-
surtax
-
-
-
-
total
13 985
19 005
-
-
Dividends
52 612
71 495
-
-
withholding
14 731
20 019
-
-
total
14 731
20 019
-
-
Income
90 500
90 500
90 500
90 500
Total tax
39 202
39 024
49 077
42 215
After tax
51 298
51 476
41 423
48 285
Living cost
13 417
13 417
13 417
13 417
Free-cash
37 881
38 059
28 006
34 868

Estimated living cost  is ₴13417 per week

₴9503
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴932
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.
₴2745
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴42800
₴31180
₴33267
₴39543
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
accident
-
-
-
416
income
-
-
-
25 904
other
-
-
-
46
unemployment
-
-
-
323
pensions
-
-
-
13 054
total
-
-
-
39 743
Employee
24 035
-
75 794
-
other
24
-
46
-
unemployment
372
-
715
-
pensions
1 130
-
2 168
-
income
5 020
-
24 196
-
total
6 546
-
27 125
-
Employer
24 035
-
75 794
-
pensions
5 672
-
10 886
-
accident
476
-
913
-
unemployment
1 322
-
2 537
-
other
193
-
369
-
total
7 663
-
14 705
-
Corporate
58 801
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.

8 820
13 575
-
-
total
8 820
13 575
-
-
Dividends
49 981
76 925
-
-
withholding
10 438
16 635
-
-
total
10 438
16 635
-
-
Income
90 500
90 500
90 500
90 500
Total tax
33 467
30 210
41 830
39 743
After tax
57 033
60 290
48 670
50 757
Living cost
17 490
17 490
17 490
17 490
Free-cash
39 543
42 800
31 180
33 267

Estimated living cost  is ₴17490 per week

₴12561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1360
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.
₴3323
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴68818
₴67307
₴63725
₴65786
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
income
-
-
-
13 575
unemployment
-
-
-
70
health
-
-
-
1 999
pensions

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

-
-
-
2 572
total
-
-
-
18 216
Employee
11 334
-
87 090
-
accident

We are using the highest rate at 1.1%.

125
-
191
-
pensions

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

995
-
1 526
-
income
1 134
-
8 709
-
health
521
-
799
-
total
2 775
-
11 225
-
Employer
11 334
-
87 090
-
health
782
-
1 199
-
pensions

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

1 249
-
1 915
-
accident

We are using the highest rate at 1.1%.

125
-
191
-
unemployment
68
-
104
-
total
2 224
-
3 409
-
Corporate
76 943
90 500
-
-
income
7 694
9 050
-
-
total
7 694
9 050
-
-
Dividends
69 248
81 450
-
-
withholding
3 462
4 073
-
-
total
3 462
4 073
-
-
Income
90 500
90 500
90 500
90 500
Total tax
16 155
13 123
14 634
18 216
After tax
74 345
77 377
75 866
72 284
Living cost
8 559
8 559
8 559
8 559
Free-cash
65 786
68 818
67 307
63 725

Estimated living cost  is ₴8559 per week

₴5661
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴490
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴204
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴27355
₴38042
₴28376
₴33868
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
28 289
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.

-
-
-
1 555
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.

-
-
-
3 400
trade
-
-
-
9 666
total
-
-
-
42 910
Employee

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

24 762
-
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.

112
-
1 555
-
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.

2 036
-
28 289
-
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.

3 400
-
3 400
-
total
5 548
-
33 244
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
65 738
90 500
-
-
income
9 861
13 575
-
-
surtax

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

542
747
-
-
chamber of commerce
172
209
-
-
trade
9 433
12 987
-
-
total
20 008
27 518
-
-
Dividends
45 730
62 982
-
-
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.

619
856
-
-
withholding
11 243
15 557
-
-
total
11 862
16 413
-
-
Income
90 500
90 500
90 500
90 500
Total tax
37 418
43 931
33 244
42 910
After tax
53 082
46 569
57 256
47 590
Living cost
19 214
19 214
19 214
19 214
Free-cash
33 868
27 355
38 042
28 376

Estimated living cost  is ₴19214 per week

₴13254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2067
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.
₴3613
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴35001
₴19012
₴19012
₴36098
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 974
social contributions
-
-
-
15 164
total
-
-
-
43 138
Employee
38 929
-
90 500
-
income
7 346
-
27 974
-
social contributions
3 234
-
15 164
-
total
10 580
-
43 138
-
Employer
38 929
-
90 500
-
total
-
-
-
-
Corporate
51 571
90 500
-
-
income
6 447
11 312
-
-
total
6 447
11 312
-
-
Dividends
45 124
79 188
-
-
withholding
9 025
15 837
-
-
total
9 025
15 837
-
-
Income
90 500
90 500
90 500
90 500
Total tax
26 052
27 149
43 138
43 138
After tax
64 448
63 351
47 362
47 362
Living cost
28 350
28 350
28 350
28 350
Free-cash
36 098
35 001
19 012
19 012

Estimated living cost  is ₴28350 per week

₴21568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2310
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴271
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4201
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴38130
₴46109
₴55251
₴39870
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
90 500
income
-
-
-
14 166
health

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

-
-
-
3 017
total
-
-
-
17 183
Employee
22 830
-
88 211
-
income
2 477
-
21 747
-
social contributions
2 287
-
2 289
-
total
4 764
-
24 036
-
Employer
22 830
-
88 211
-
social contributions
2 287
-
2 289
-
total
2 287
-
2 289
-
Corporate
65 382
90 500
-
-
income
22 884
31 675
-
-
total
22 884
31 675
-
-
Dividends
42 499
58 825
-
-
social contributions
2 629
2 629
-
-
total
2 629
2 629
-
-
Income
90 500
90 500
90 500
90 500
Total tax
32 564
34 304
26 325
17 183
After tax
57 936
56 196
64 175
73 317
Living cost
18 066
18 066
18 066
18 066
Free-cash
39 870
38 130
46 109
55 251

Estimated living cost  is ₴18066 per week

₴11900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1424
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴277
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴40459
₴33152
₴41327
₴43402
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 176
pensions
-
-
-
4 531
total
-
-
-
30 707
Employee
25 347
-
79 030
-
pensions
1 935
-
5 552
-
income
4 616
-
20 726
-
health
331
-
1 134
-
total
6 882
-
27 412
-
Employer
25 347
-
79 030
-
health
482
-
1 501
-
pensions
2 561
-
9 969
-
total
3 043
-
11 470
-
Corporate
62 110
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.

11 800
17 195
-
-
total
11 800
17 195
-
-
Dividends
50 310
73 305
-
-
withholding
6 907
14 380
-
-
total
6 907
14 380
-
-
Income
90 500
90 500
90 500
90 500
Total tax
28 632
31 575
38 882
30 707
After tax
61 868
58 925
51 618
59 793
Living cost
18 466
18 466
18 466
18 466
Free-cash
43 402
40 459
33 152
41 327

Estimated living cost  is ₴18466 per week

₴12668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴231
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3868
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₴4700
₴37181
₴49830
₴5484
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
90 500
accident
-
-
-
128
income
-
-
-
25 122
other
-
-
-
187
health
-
-
-
1 101
pensions
-
-
-
2 101
total
-
-
-
28 639
Employee
18 925
-
81 575
-
pensions
2 131
-
3 853
-
income
2 596
-
19 170
-
health
2 167
-
9 340
-
total
6 894
-
32 363
-
Employer
18 925
-
81 575
-
pensions
3 077
-
5 564
-
accident
316
-
1 362
-
unemployment
464
-
1 999
-
total
3 857
-
8 925
-
Corporate
67 719
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.

60 947
81 450
-
-
total
60 947
81 450
-
-
Dividends
6 772
9 050
-
-
withholding
1 287
1 719
-
-
total
1 287
1 719
-
-
Income
90 500
90 500
90 500
90 500
Total tax
72 985
83 169
41 288
28 639
After tax
17 515
7 331
49 212
61 861
Living cost
12 031
12 031
12 031
12 031
Free-cash
5 484
-4 700
37 181
49 830

Estimated living cost  is ₴12031 per week

₴8829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴701
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴242
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Warsaw model

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Skopje , Macedonia
₴69432
₴57866
₴46921
₴67103
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
14 964
unemployment
-
-
-
955
work injury
-
-
-
398
health insurance
-
-
-
5 891
pensions
-
-
-
14 647
total
-
-
-
36 855
Employee

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

10 758
-
90 500
-
health insurance
796
-
2 945
-
unemployment
129
-
478
-
work injury
54
-
199
-
pensions
1 979
-
7 324
-
income
1 076
-
14 964
-
total
4 034
-
25 910
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
79 742
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%.

797
905
-
-
total
797
905
-
-
Dividends
78 945
89 595
-
-
withholding
11 842
13 439
-
-
total
11 842
13 439
-
-
Income
90 500
90 500
90 500
90 500
Total tax
16 673
14 344
25 910
36 855
After tax
73 827
76 156
64 590
53 645
Living cost
6 724
6 724
6 724
6 724
Free-cash
67 103
69 432
57 866
46 921

Estimated living cost  is ₴6724 per week

₴4165
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴489
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.
₴1860
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴27843
₴18217
₴22189
₴25581
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 276
regional
-
-
-
2 076
municipal
-
-
-
605
national
-
-
-
22 528
total
-
-
-
48 485
Employee
41 937
-
90 500
-
municipal
250
-
540
-
national
7 087
-
19 559
-
regional
633
-
1 842
-
social contributions
14 141
-
30 516
-
total
22 111
-
52 457
-
Employer
41 937
-
90 500
-
total
-
-
-
-
Corporate
48 563
90 500
-
-
municipal
2 340
4 362
-
-
nationa
11 655
21 720
-
-
total
13 995
26 082
-
-
Dividends
34 567
64 418
-
-
withholding
8 987
16 749
-
-
total
8 987
16 749
-
-
Income
90 500
90 500
90 500
90 500
Total tax
45 093
42 831
52 457
48 485
After tax
45 407
47 669
38 043
42 015
Living cost
19 826
19 826
19 826
19 826
Free-cash
25 581
27 843
18 217
22 189

Estimated living cost  is ₴19826 per week

₴13927
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1364
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴299
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4236
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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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