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
₴ 91500
per

Your estimated
City
free-cash

Dresden , Germany
₴31070
₴42738
₴31971
₴36575
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
91 500
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.

-
-
-
28 709
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.

-
-
-
1 579
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
-
-
-
10 767
total
-
-
-
44 455
Employee

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

19 035
-
91 500
-
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
-
1 579
-
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
-
28 709
-
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
-
33 688
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
72 465
91 500
-
-
income
10 869
13 725
-
-
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.

598
755
-
-
chamber of commerce
179
207
-
-
trade
11 413
14 411
-
-
total
23 059
29 098
-
-
Dividends
49 405
62 402
-
-
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.

669
847
-
-
withholding
12 162
15 411
-
-
total
12 831
16 258
-
-
Income
91 500
91 500
91 500
91 500
Total tax
39 851
45 356
33 688
44 455
After tax
51 649
46 144
57 812
47 045
Living cost
15 074
15 074
15 074
15 074
Free-cash
36 575
31 070
42 738
31 971

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
₴30599
₴28009
₴27493
₴30158
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
social contributions
-
-
-
984
municipal
-
-
-
10 020
national
-
-
-
15 526
pensions
-
-
-
10 980
total
-
-
-
37 510
Employee
41 075
-
79 101
-
municipal
5 073
-
10 374
-
pensions
1 643
-
3 164
-
national
7 862
-
16 278
-
total
14 578
-
29 816
-
Employer
41 075
-
79 101
-
pensions
3 286
-
6 328
-
social contributions
442
-
850
-
total
3 728
-
7 178
-
Corporate
43 987
91 500
-
-
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%.

8 797
18 300
-
-
total
8 797
18 300
-
-
Dividends
35 189
73 200
-
-
withholding
7 742
16 104
-
-
total
7 742
16 104
-
-
Income
91 500
91 500
91 500
91 500
Total tax
34 845
34 404
36 994
37 510
After tax
56 655
57 096
54 506
53 990
Living cost
26 497
26 497
26 497
26 497
Free-cash
30 158
30 599
28 009
27 493

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
₴62846
₴28350
₴21551
₴58763
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
91 500
income
-
-
-
17 195
surtax
-
-
-
23 332
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
-
-
-
59 595
Employee
14 542
-
69 560
-
surtax
-
-
10 087
-
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
-
14 245
-
total
4 189
-
30 856
-
Employer
14 542
-
69 560
-
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
-
-
7 652
-
total
3 503
-
21 940
-
Corporate
73 455
91 500
-
-
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%.

14 691
18 300
-
-
total
14 691
18 300
-
-
Dividends

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

58 764
73 200
-
-
total
-
-
-
-
Income
91 500
91 500
91 500
91 500
Total tax
22 383
18 300
52 796
59 595
After tax
69 117
73 200
38 704
31 905
Living cost
10 354
10 354
10 354
10 354
Free-cash
58 763
62 846
28 350
21 551

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
₴24510
₴36734
₴29400
₴21462
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
income
-
-
-
29 284
health
-
-
-
6 137
pensions
-
-
-
5 831
total
-
-
-
41 252
Employee
42 499
42 499
82 251
-
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
12 701
-
health
6 523
5 549
6 137
-
total
21 129
18 336
24 669
-
Employer
42 499
42 499
82 251
-
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
42 080
41 558
-
-
income
8 416
8 312
-
-
total
8 416
8 312
-
-
Dividends
33 664
33 247
-
-
income
7 153
7 065
-
-
withholding
5 050
4 987
-
-
total
12 203
12 052
-
-
Income
91 500
91 500
91 500
91 500
Total tax
49 190
46 142
33 918
41 252
After tax
42 310
45 358
57 582
50 248
Living cost
20 848
20 848
20 848
20 848
Free-cash
21 462
24 510
36 734
29 400

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
₴30078
₴26392
₴26874
₴29632
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
accident
-
-
-
87
other
-
-
-
5 063
unemployment
-
-
-
44
health
-
-
-
2 719
municipal
-
-
-
23 521
national
-
-
-
8 601
pensions
-
-
-
4 710
total
-
-
-
44 745
Employee
28 329
-
77 809
-
municipal
8 448
-
23 203
-
national
-
-
8 334
-
total
8 448
-
31 537
-
Employer
28 329
-
77 809
-
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
54 270
91 500
-
-
income
11 939
20 130
-
-
total
11 939
20 130
-
-
Dividends
42 330
71 370
-
-
withholding
12 699
21 411
-
-
total
12 699
21 411
-
-
Income
91 500
91 500
91 500
91 500
Total tax
41 987
41 541
45 227
44 745
After tax
49 513
49 959
46 273
46 755
Living cost
19 881
19 881
19 881
19 881
Free-cash
29 632
30 078
26 392
26 874

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
₴26121
₴38261
₴27016
₴33114
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
91 500
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.

-
-
-
28 709
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.

-
-
-
1 579
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
-
-
-
11 245
total
-
-
-
44 933
Employee

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

25 238
-
91 500
-
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
-
1 579
-
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
-
28 709
-
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
-
33 688
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
66 262
91 500
-
-
income
9 939
13 725
-
-
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.

547
755
-
-
chamber of commerce
170
206
-
-
trade
10 900
15 051
-
-
total
21 556
29 737
-
-
Dividends
44 706
61 763
-
-
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.

604
839
-
-
withholding
10 988
15 252
-
-
total
11 592
16 091
-
-
Income
91 500
91 500
91 500
91 500
Total tax
38 835
45 828
33 688
44 933
After tax
52 665
45 672
57 812
46 567
Living cost
19 551
19 551
19 551
19 551
Free-cash
33 114
26 121
38 261
27 016

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
₴50596
₴45412
₴46206
₴48530
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
income
-
-
-
18 766
social contributions
-
-
-
8 052
health
-
-
-
2 334
total
-
-
-
29 152
Employee
38 269
38 269
85 632
-
social contributions
1 860
3 176
4 284
-
income
4 019
3 543
18 339
-
health
381
651
1 455
-
total
6 260
7 370
24 078
-
Employer
38 269
38 269
85 632
-
health
415
708
1 584
-
social contributions
1 860
3 176
4 284
-
total
2 275
3 884
5 868
-
Corporate
66 825
49 347
-
-
income
8 353
6 168
-
-
total
8 353
6 168
-
-
Dividends
58 472
43 179
-
-
withholding
9 940
7 340
-
-
total
9 940
7 340
-
-
Income
91 500
91 500
91 500
91 500
Total tax
26 828
24 762
29 946
29 152
After tax
64 672
66 738
61 554
62 348
Living cost
16 142
16 142
16 142
16 142
Free-cash
48 530
50 596
45 412
46 206

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
₴42470
₴44122
₴54466
₴42655
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
income
-
-
-
11 186
unemployment
-
-
-
1 373
health
-
-
-
6 405
pensions
-
-
-
9 150
total
-
-
-
28 114
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
76 569
-
unemployment
193
77
1 149
-
pensions
1 288
512
7 657
-
income
1 574
626
9 361
-
health
901
359
5 360
-
total
3 956
1 574
23 527
-
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
76 569
-
pensions
2 511
999
14 931
-
total
2 511
999
14 931
-
Corporate
76 114
85 376
-
-
income
6 850
7 684
-
-
total
6 850
7 684
-
-
Dividends
69 263
77 693
-
-
social contributions
13 448
15 091
-
-
withholding
13 160
14 762
-
-
total
26 608
29 853
-
-
Income
91 500
91 500
91 500
91 500
Total tax
39 925
40 110
38 458
28 114
After tax
51 575
51 390
53 042
63 386
Living cost
8 920
8 920
8 920
8 920
Free-cash
42 655
42 470
44 122
54 466

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
₴61179
₴40717
₴37023
₴58088
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
income
-
-
-
12 262
health
-
-
-
11 895
pensions
-
-
-
18 299
total
-
-
-
42 456
Employee
14 118
-
68 386
-
unemployment
226
-
1 095
-
pensions
282
-
1 368
-
income
1 589
-
13 185
-
total
2 097
-
15 648
-
Employer
14 118
-
68 386
-
health
1 835
-
8 890
-
pensions
2 824
-
13 677
-
unemployment
113
-
547
-
total
4 772
-
23 114
-
Corporate
72 610
91 500
-
-
income
14 522
18 300
-
-
total
14 522
18 300
-
-
Dividends
58 088
73 200
-
-
total
-
-
-
-
Income
91 500
91 500
91 500
91 500
Total tax
21 391
18 300
38 762
42 456
After tax
70 109
73 200
52 738
49 044
Living cost
12 021
12 021
12 021
12 021
Free-cash
58 088
61 179
40 717
37 023

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
-₴3700
₴38680
₴51430
₴5707
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
accident
-
-
-
128
income
-
-
-
25 442
other
-
-
-
187
health
-
-
-
1 101
pensions
-
-
-
2 101
total
-
-
-
28 959
Employee
17 478
-
82 536
-
pensions
1 968
-
3 853
-
income
2 398
-
19 442
-
health
2 001
-
9 450
-
total
6 367
-
32 745
-
Employer
17 478
-
82 536
-
pensions
2 842
-
5 564
-
accident
292
-
1 378
-
unemployment
428
-
2 022
-
total
3 562
-
8 964
-
Corporate
70 460
91 500
-
-
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.

63 414
82 350
-
-
total
63 414
82 350
-
-
Dividends
7 046
9 150
-
-
withholding
1 339
1 739
-
-
total
1 339
1 739
-
-
Income
91 500
91 500
91 500
91 500
Total tax
74 682
84 089
41 709
28 959
After tax
16 818
7 411
49 791
62 541
Living cost
11 111
11 111
11 111
11 111
Free-cash
5 707
-3 700
38 680
51 430

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
₴82915
₴69190
₴86575
₴82164
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
91 500
microenterprise

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

-
-
-
915
total
-
-
-
915
Employee
5 012
-
91 500
-
income
1 002
-
18 300
-
total
1 002
-
18 300
-
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%.

86 488
91 500
-
-
total
-
-
-
-
Dividends
86 488
91 500
-
-
withholding
4 324
4 575
-
-
total
4 324
4 575
-
-
Income
91 500
91 500
91 500
91 500
Total tax
5 326
4 575
18 300
915
After tax
86 174
86 925
73 200
90 585
Living cost
4 010
4 010
4 010
4 010
Free-cash
82 164
82 915
69 190
86 575

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
₴53964
₴38505
₴38654
₴50604
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
income
-
-
-
14 497
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
-
-
-
39 585
Employee
18 070
-
73 083
-
unemployment
180
-
731
-
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
-
5 115
-
income
3 111
-
14 448
-
health
253
-
1 023
-
total
4 809
-
21 317
-
Employer
18 070
-
73 083
-
health
253
-
1 023
-
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
-
12 424
-
accident
144
-
585
-
unemployment
180
-
731
-
other
904
-
3 654
-
total
4 553
-
18 417
-
Corporate
68 876
91 500
-
-
income
14 464
19 215
-
-
total
14 464
19 215
-
-
Dividends
54 412
72 285
-
-
withholding
3 809
5 060
-
-
total
3 809
5 060
-
-
Income
91 500
91 500
91 500
91 500
Total tax
27 635
24 275
39 734
39 585
After tax
63 865
67 225
51 766
51 915
Living cost
13 261
13 261
13 261
13 261
Free-cash
50 604
53 964
38 505
38 654

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
₴26223
₴18873
₴27132
₴28481
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
income
-
-
-
26 568
pensions
-
-
-
4 552
total
-
-
-
31 120
Employee
47 041
-
79 894
-
pensions
4 538
-
5 570
-
income
8 480
-
21 061
-
health
775
-
1 143
-
total
13 793
-
27 774
-
Employer
47 041
-
79 894
-
health
893
-
1 517
-
pensions
5 554
-
10 088
-
total
6 447
-
11 605
-
Corporate
38 011
91 500
-
-
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.

7 222
17 385
-
-
total
7 222
17 385
-
-
Dividends
30 789
74 115
-
-
withholding
2 309
14 644
-
-
total
2 309
14 644
-
-
Income
91 500
91 500
91 500
91 500
Total tax
29 771
32 029
39 379
31 120
After tax
61 729
59 471
52 121
60 380
Living cost
33 248
33 248
33 248
33 248
Free-cash
28 481
26 223
18 873
27 132

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
₴71708
₴70242
₴66610
₴69397
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
income
-
-
-
13 725
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
-
-
-
18 366
Employee
8 638
-
88 090
-
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
-
8 809
-
health
397
-
799
-
total
2 114
-
11 325
-
Employer
8 638
-
88 090
-
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
81 167
91 500
-
-
income
8 117
9 150
-
-
total
8 117
9 150
-
-
Dividends
73 050
82 350
-
-
withholding
3 653
4 118
-
-
total
3 653
4 118
-
-
Income
91 500
91 500
91 500
91 500
Total tax
15 579
13 268
14 734
18 366
After tax
75 921
78 232
76 766
73 134
Living cost
6 524
6 524
6 524
6 524
Free-cash
69 397
71 708
70 242
66 610

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
₴17761
₴29985
₴22651
₴19014
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
income
-
-
-
29 284
health
-
-
-
6 137
pensions
-
-
-
5 831
total
-
-
-
41 252
Employee
46 141
42 499
82 251
-
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
12 701
-
health
5 756
5 549
6 137
-
total
18 543
18 336
24 669
-
Employer
46 141
42 499
82 251
-
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
37 281
41 558
-
-
income
7 456
8 312
-
-
total
7 456
8 312
-
-
Dividends
29 824
33 247
-
-
income
6 338
7 065
-
-
withholding
4 474
4 987
-
-
total
10 812
12 052
-
-
Income
91 500
91 500
91 500
91 500
Total tax
44 889
46 142
33 918
41 252
After tax
46 611
45 358
57 582
50 248
Living cost
27 597
27 597
27 597
27 597
Free-cash
19 014
17 761
29 985
22 651

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
₴50793
₴36050
₴40041
₴46439
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
income
-
-
-
9 238
social contributions
-
-
-
17 562
solidarity contribution
-
-
-
101
health
-
-
-
12 353
total
-
-
-
39 254
Employee
17 948
-
70 150
-
solidarity contribution
-
-
-
-
social contributions
1 167
-
3 909
-
income
2 154
-
8 516
-
health
2 423
-
9 470
-
total
5 744
-
21 895
-
Employer
17 948
-
70 150
-
health
1 615
-
6 314
-
social contributions
4 487
-
15 036
-
total
6 102
-
21 350
-
Corporate
67 449
91 500
-
-
income
12 815
17 385
-
-
total
12 815
17 385
-
-
Dividends
54 634
74 115
-
-
withholding
8 195
11 117
-
-
total
8 195
11 117
-
-
Income
91 500
91 500
91 500
91 500
Total tax
32 856
28 502
43 245
39 254
After tax
58 644
62 998
48 255
52 246
Living cost
12 205
12 205
12 205
12 205
Free-cash
46 439
50 793
36 050
40 041

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
₴27819
₴18373
₴22506
₴25220
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
social contributions
-
-
-
23 533
regional
-
-
-
1 084
municipal
-
-
-
544
national
-
-
-
22 833
total
-
-
-
47 994
Employee
44 230
-
91 500
-
municipal
234
-
485
-
national
7 664
-
19 831
-
regional
417
-
957
-
social contributions
14 914
-
30 854
-
total
23 229
-
52 127
-
Employer
44 230
-
91 500
-
total
-
-
-
-
Corporate
47 270
91 500
-
-
municipal
1 844
3 568
-
-
nationa
11 345
21 960
-
-
total
13 189
25 528
-
-
Dividends
34 082
65 972
-
-
withholding
8 862
17 153
-
-
total
8 862
17 153
-
-
Income
91 500
91 500
91 500
91 500
Total tax
45 280
42 681
52 127
47 994
After tax
46 220
48 819
39 373
43 506
Living cost
21 000
21 000
21 000
21 000
Free-cash
25 220
27 819
18 373
22 506

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
₴46572
₴29225
₴32267
₴45023
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
income
-
-
-
26 035
other
-
-
-
-
surtax
-
-
-
4 103
unemployment
-
-
-
113
health
-
-
-
4 716
pensions
-
-
-
13 284
total
-
-
-
48 251
Employee
16 458
-
77 519
-
other
-
-
-
-
unemployment
1 146
-
4 623
-
pensions
1 097
-
4 430
-
surtax
54
-
3 508
-
income
2 759
-
23 058
-
health
420
-
1 693
-
total
5 476
-
37 312
-
Employer
16 458
-
77 519
-
health
749
-
3 022
-
pensions
2 194
-
8 854
-
unemployment
521
-
2 105
-
other
-
-
-
-
total
3 464
-
13 981
-
Corporate
71 578
91 500
-
-
income
18 610
23 790
-
-
total
18 610
23 790
-
-
Dividends
52 968
67 710
-
-
withholding
7 945
10 156
-
-
total
7 945
10 156
-
-
Income
91 500
91 500
91 500
91 500
Total tax
35 495
33 946
51 293
48 251
After tax
56 005
57 554
40 207
43 249
Living cost
10 982
10 982
10 982
10 982
Free-cash
45 023
46 572
29 225
32 267

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
₴36757
₴29407
₴37666
₴40040
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
income
-
-
-
26 568
pensions
-
-
-
4 552
total
-
-
-
31 120
Employee
31 526
-
79 894
-
pensions
2 676
-
5 570
-
income
5 678
-
21 061
-
health
458
-
1 143
-
total
8 812
-
27 774
-
Employer
31 526
-
79 894
-
health
599
-
1 517
-
pensions
3 413
-
10 088
-
total
4 012
-
11 605
-
Corporate
55 963
91 500
-
-
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.

10 633
17 385
-
-
total
10 633
17 385
-
-
Dividends
45 329
74 115
-
-
withholding
5 289
14 644
-
-
total
5 289
14 644
-
-
Income
91 500
91 500
91 500
91 500
Total tax
28 746
32 029
39 379
31 120
After tax
62 754
59 471
52 121
60 380
Living cost
22 714
22 714
22 714
22 714
Free-cash
40 040
36 757
29 407
37 666

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
₴2547
₴30482
₴34633
₴19359
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
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.

-
-
-
1 830
regional
-
-
-
4 565
health
-
-
-
206
city
-
-
-
965
national
-
-
-
1 588
pensions
-
-
-
8 418
total
-
-
-
17 572
Employee
45 985
-
81 897
-
unemployment
-
-
-
-
pensions
3 863
-
6 879
-
national
218
-
1 152
-
regional
1 506
-
3 925
-
city
494
-
880
-
health
104
-
185
-
total
6 185
-
13 021
-
Employer
45 985
-
81 897
-
health
104
-
185
-
pensions
3 863
-
6 879
-
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
-
1 638
-
total
4 886
-
8 702
-
Corporate
40 122
91 500
-
-
regional
8 486
19 352
-
-
national
3 410
7 777
-
-
total
11 896
27 129
-
-
Dividends
28 226
64 371
-
-
withholding
9 879
22 529
-
-
total
9 879
22 529
-
-
Income
91 500
91 500
91 500
91 500
Total tax
32 846
49 658
21 723
17 572
After tax
58 654
41 842
69 777
73 928
Living cost
39 295
39 295
39 295
39 295
Free-cash
19 359
2 547
30 482
34 633

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
₴22402
₴35013
₴23289
₴30474
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
91 500
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.

-
-
-
28 709
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.

-
-
-
1 579
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
-
-
-
11 724
total
-
-
-
45 412
Employee

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

29 909
-
91 500
-
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
-
1 579
-
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
-
28 709
-
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
-
33 688
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
61 591
91 500
-
-
income
9 238
13 725
-
-
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.

508
755
-
-
chamber of commerce
162
204
-
-
trade
10 563
15 693
-
-
total
20 471
30 377
-
-
Dividends
41 119
61 123
-
-
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.

555
830
-
-
withholding
10 090
15 092
-
-
total
10 645
15 922
-
-
Income
91 500
91 500
91 500
91 500
Total tax
38 227
46 299
33 688
45 412
After tax
53 273
45 201
57 812
46 088
Living cost
22 799
22 799
22 799
22 799
Free-cash
30 474
22 402
35 013
23 289

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
₴29088
₴32815
₴34473
₴32030
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
income
-
-
-
14 617
other
-
-
-
2 836
surtax
-
-
-
-
social contributions
-
-
-
2 608
health
-
-
-
3 989
pensions
-
-
-
15 950
total
-
-
-
40 000
Employee
21 300
-
70 688
-
pensions
2 408
-
4 968
-
surtax
-
-
-
-
social contributions
607
-
2 014
-
income
1 257
-
13 863
-
total
4 272
-
20 845
-
Employer
21 300
-
70 688
-
health
1 491
-
6 603
-
pensions
3 499
-
8 355
-
unemployment
862
-
2 863
-
social contributions
64
-
212
-
other
735
-
2 780
-
total
6 651
-
20 813
-
Corporate
63 549
91 500
-
-
income
17 794
25 620
-
-
surtax
-
-
-
-
total
17 794
25 620
-
-
Dividends
45 755
65 880
-
-
surtax
-
-
-
-
social contributions
7 870
11 332
-
-
withholding
5 856
8 433
-
-
total
13 726
19 765
-
-
Income
91 500
91 500
91 500
91 500
Total tax
42 443
45 385
41 658
40 000
After tax
49 057
46 115
49 842
51 500
Living cost
17 027
17 027
17 027
17 027
Free-cash
32 030
29 088
32 815
34 473

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
₴30775
₴34502
₴36160
₴33541
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
income
-
-
-
14 617
other
-
-
-
2 836
surtax
-
-
-
-
social contributions
-
-
-
2 608
health
-
-
-
3 989
pensions
-
-
-
15 950
total
-
-
-
40 000
Employee
19 013
-
70 688
-
pensions
2 150
-
4 968
-
surtax
-
-
-
-
social contributions
542
-
2 014
-
income
980
-
13 863
-
total
3 672
-
20 845
-
Employer
19 013
-
70 688
-
health
1 331
-
6 603
-
pensions
3 124
-
8 355
-
unemployment
770
-
2 863
-
social contributions
57
-
212
-
other
656
-
2 780
-
total
5 938
-
20 813
-
Corporate
66 549
91 500
-
-
income
18 634
25 620
-
-
surtax
-
-
-
-
total
18 634
25 620
-
-
Dividends
47 916
65 880
-
-
surtax
-
-
-
-
social contributions
8 242
11 332
-
-
withholding
6 133
8 433
-
-
total
14 375
19 765
-
-
Income
91 500
91 500
91 500
91 500
Total tax
42 619
45 385
41 658
40 000
After tax
48 881
46 115
49 842
51 500
Living cost
15 340
15 340
15 340
15 340
Free-cash
33 541
30 775
34 502
36 160

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
₴45271
₴46209
₴48209
₴45529
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
income
-
-
-
13 725
social contributions
-
-
-
12 627
health
-
-
-
6 386
total
-
-
-
32 738
Employee
16 874
-
91 500
-
social contributions
2 329
-
12 627
-
income
2 814
-
15 725
-
health
1 178
-
6 386
-
total
6 321
-
34 738
-
Employer
16 874
-
91 500
-
total
-
-
-
-
Corporate
74 626
91 500
-
-
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%.

3 731
4 575
-
-
total
3 731
4 575
-
-
Dividends
70 894
86 925
-
-
social contributions
9 783
11 995
-
-
withholding
10 634
13 039
-
-
health
4 949
6 067
-
-
total
25 366
31 101
-
-
Income
91 500
91 500
91 500
91 500
Total tax
35 418
35 676
34 738
32 738
After tax
56 082
55 824
56 762
58 762
Living cost
10 553
10 553
10 553
10 553
Free-cash
45 529
45 271
46 209
48 209

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
₴33053
₴6668
₴29437
₴32287
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
income
-
-
-
25 808
surtax
-
-
-
98
unemployment
-
-
-
3 052
chamber of commerce
-
-
-
366
health
-
-
-
4 447
pensions
-
-
-
10 756
total
-
-
-
44 527
Employee
24 872
19 833
73 545
-
other
248
198
582
-
unemployment
746
595
1 744
-
pensions
2 547
2 031
5 954
-
income
2 831
1 463
20 897
-
health
962
768
2 250
-
total
7 334
5 055
31 427
-
Employer
24 872
19 833
73 545
-
chamber of commerce
99
79
294
-
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
2 206
-
other
1 181
942
3 362
-
total
7 254
5 807
17 955
-
Corporate
59 373
65 861
71 657
-
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.

14 844
16 465
17 914
-
total
14 844
16 465
17 914
-
Dividends
44 530
49 395
-
-
withholding
12 245
13 584
-
-
total
12 245
13 584
-
-
Income
91 500
91 500
91 500
91 500
Total tax
41 677
40 911
67 296
44 527
After tax
49 823
50 589
24 204
46 973
Living cost
17 536
17 536
17 536
17 536
Free-cash
32 287
33 053
6 668
29 437

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
₴33019
₴13854
₴21547
₴25555
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
communal

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

-
-
-
4 746
social contributions
-
-
-
12 408
national
-
-
-
34 653
total
-
-
-
51 807
Employee

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

35 599
-
70 869
-
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
-
617
-
communal

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

1 857
-
3 697
-
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
-
5 315
-
national
10 945
-
25 910
-
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
-
3 331
-
total
17 455
-
38 870
-
Employer

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

35 599
-
70 869
-
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
-
4 358
-
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
-
6 279
-
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
-
921
-
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
-
1 035
-
surtax
4 036
-
8 037
-
total
10 361
-
20 630
-
Corporate
45 539
91 500
-
-
income
9 108
18 300
-
-
surtax
182
366
-
-
total
9 290
18 666
-
-
Dividends
36 248
72 833
-
-
withholding

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

10 693
21 669
-
-
total
10 693
21 669
-
-
Income
91 500
91 500
91 500
91 500
Total tax
47 799
40 335
59 500
51 807
After tax
43 701
51 165
32 000
39 693
Living cost
18 146
18 146
18 146
18 146
Free-cash
25 555
33 019
13 854
21 547

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
₴42971
₴31247
₴33333
₴39562
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
accident
-
-
-
416
income
-
-
-
26 355
other
-
-
-
46
unemployment
-
-
-
323
pensions
-
-
-
13 054
total
-
-
-
40 194
Employee
24 773
-
76 794
-
other
25
-
46
-
unemployment
384
-
715
-
pensions
1 164
-
2 168
-
income
5 227
-
24 646
-
total
6 800
-
27 575
-
Employer
24 773
-
76 794
-
pensions
5 846
-
10 886
-
accident
490
-
913
-
unemployment
1 363
-
2 537
-
other
197
-
369
-
total
7 896
-
14 705
-
Corporate
58 831
91 500
-
-
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.

8 825
13 725
-
-
total
8 825
13 725
-
-
Dividends
50 006
77 775
-
-
withholding
10 444
16 831
-
-
total
10 444
16 831
-
-
Income
91 500
91 500
91 500
91 500
Total tax
33 965
30 556
42 280
40 194
After tax
57 535
60 944
49 220
51 306
Living cost
17 973
17 973
17 973
17 973
Free-cash
39 562
42 971
31 247
33 333

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
₴26209
₴21412
₴17761
₴19721
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
communal
-
-
-
5 783
accident
-
-
-
772
income
-
-
-
15 457
surtax
-
-
-
4 536
health
-
-
-
6 430
pensions
-
-
-
13 715
total
-
-
-
46 693
Employee
37 688
-
81 734
-
pensions
3 015
-
6 538
-
surtax
2 310
-
5 009
-
income
3 640
-
18 092
-
health
1 677
-
3 637
-
total
10 642
-
33 276
-
Employer
37 688
-
81 734
-
health
1 149
-
2 492
-
pensions
3 015
-
6 538
-
accident
339
-
736
-
total
4 503
-
9 766
-
Corporate
49 308
91 500
-
-
communal
3 328
6 177
-
-
income
7 396
13 725
-
-
surtax
518
960
-
-
total
11 242
20 862
-
-
Dividends
38 067
70 638
-
-
income
12 636
6 787
-
-
withholding
5 710
10 596
-
-
total
18 346
17 383
-
-
Income
91 500
91 500
91 500
91 500
Total tax
44 733
38 245
43 042
46 693
After tax
46 767
53 255
48 458
44 807
Living cost
27 046
27 046
27 046
27 046
Free-cash
19 721
26 209
21 412
17 761

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
₴46376
₴29029
₴32071
₴44792
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
income
-
-
-
26 035
other
-
-
-
-
surtax
-
-
-
4 103
unemployment
-
-
-
113
health
-
-
-
4 716
pensions
-
-
-
13 284
total
-
-
-
48 251
Employee
16 760
-
77 519
-
other
-
-
-
-
unemployment
1 166
-
4 623
-
pensions
1 118
-
4 430
-
surtax
59
-
3 508
-
income
2 810
-
23 058
-
health
428
-
1 693
-
total
5 581
-
37 312
-
Employer
16 760
-
77 519
-
health
762
-
3 022
-
pensions
2 235
-
8 854
-
unemployment
532
-
2 105
-
other
-
-
-
-
total
3 529
-
13 981
-
Corporate
71 212
91 500
-
-
income
18 515
23 790
-
-
total
18 515
23 790
-
-
Dividends
52 697
67 710
-
-
withholding
7 905
10 156
-
-
total
7 905
10 156
-
-
Income
91 500
91 500
91 500
91 500
Total tax
35 530
33 946
51 293
48 251
After tax
55 970
57 554
40 207
43 249
Living cost
11 178
11 178
11 178
11 178
Free-cash
44 792
46 376
29 029
32 071

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
₴34689
₴25693
₴29805
₴33583
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
social contributions
-
-
-
23 533
regional
-
-
-
1 379
municipal
-
-
-
544
national
-
-
-
22 833
total
-
-
-
48 289
Employee
27 607
-
91 500
-
municipal
146
-
485
-
national
4 374
-
19 831
-
regional
372
-
1 231
-
social contributions
9 309
-
30 854
-
total
14 201
-
52 401
-
Employer
27 607
-
91 500
-
total
-
-
-
-
Corporate
63 893
91 500
-
-
municipal
3 175
4 547
-
-
nationa
15 335
21 960
-
-
total
18 510
26 507
-
-
Dividends
45 383
64 993
-
-
withholding
11 800
16 898
-
-
total
11 800
16 898
-
-
Income
91 500
91 500
91 500
91 500
Total tax
44 511
43 405
52 401
48 289
After tax
46 989
48 095
39 099
43 211
Living cost
13 406
13 406
13 406
13 406
Free-cash
33 583
34 689
25 693
29 805

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
₴47959
₴33216
₴37207
₴42594
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
income
-
-
-
9 238
social contributions
-
-
-
17 562
solidarity contribution
-
-
-
101
health
-
-
-
12 353
total
-
-
-
39 254
Employee
22 117
-
70 150
-
solidarity contribution
-
-
-
-
social contributions
1 438
-
3 909
-
income
2 654
-
8 516
-
health
2 986
-
9 470
-
total
7 078
-
21 895
-
Employer
22 117
-
70 150
-
health
1 990
-
6 314
-
social contributions
5 529
-
15 036
-
total
7 519
-
21 350
-
Corporate
61 863
91 500
-
-
income
11 754
17 385
-
-
total
11 754
17 385
-
-
Dividends
50 109
74 115
-
-
withholding
7 516
11 117
-
-
total
7 516
11 117
-
-
Income
91 500
91 500
91 500
91 500
Total tax
33 867
28 502
43 245
39 254
After tax
57 633
62 998
48 255
52 246
Living cost
15 039
15 039
15 039
15 039
Free-cash
42 594
47 959
33 216
37 207

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
₴34764
₴8349
₴31193
₴34519
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
income
-
-
-
25 808
surtax
-
-
-
-
unemployment
-
-
-
3 052
chamber of commerce
-
-
-
366
health
-
-
-
4 447
pensions
-
-
-
10 756
total
-
-
-
44 429
Employee
21 755
19 833
73 636
-
other
217
198
582
-
unemployment
653
595
1 744
-
pensions
2 228
2 031
5 954
-
income
1 938
1 463
20 941
-
health
841
768
2 250
-
total
5 877
5 055
31 471
-
Employer
21 755
19 833
73 636
-
chamber of commerce
87
79
295
-
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
2 209
-
other
1 033
942
3 366
-
total
6 261
5 709
17 865
-
Corporate
63 485
65 959
71 747
-
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.

15 871
16 490
17 937
-
total
15 871
16 490
17 937
-
Dividends
47 613
49 469
-
-
withholding
13 094
13 604
-
-
total
13 094
13 604
-
-
Income
91 500
91 500
91 500
91 500
Total tax
41 103
40 858
67 273
44 429
After tax
50 397
50 642
24 227
47 071
Living cost
15 878
15 878
15 878
15 878
Free-cash
34 519
34 764
8 349
31 193

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
₴80676
₴66951
₴84336
₴79504
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
91 500
microenterprise

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

-
-
-
915
total
-
-
-
915
Employee
7 811
-
91 500
-
income
1 562
-
18 300
-
total
1 562
-
18 300
-
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%.

83 689
91 500
-
-
total
-
-
-
-
Dividends
83 689
91 500
-
-
withholding
4 185
4 575
-
-
total
4 185
4 575
-
-
Income
91 500
91 500
91 500
91 500
Total tax
5 747
4 575
18 300
915
After tax
85 753
86 925
73 200
90 585
Living cost
6 249
6 249
6 249
6 249
Free-cash
79 504
80 676
66 951
84 336

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
₴49649
₴28722
₴31146
₴45488
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
91 500
income
-
-
-
21 155
unemployment
-
-
-
137
health
-
-
-
9 003
pensions
-
-
-
16 710
total
-
-
-
47 005
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
-
79 173
-
unemployment
31
-
110
-
pensions
3 411
-
12 272
-
income
3 795
-
19 605
-
health
1 421
-
5 115
-
total
8 658
-
37 102
-
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
-
79 173
-
health
1 466
-
5 273
-
pensions
1 947
-
7 007
-
unemployment
13
-
47
-
total
3 426
-
12 327
-
Corporate
66 066
91 500
-
-
income
12 552
17 385
-
-
total
12 552
17 385
-
-
Dividends
53 514
74 115
-
-
withholding
8 027
11 117
-
-
total
8 027
11 117
-
-
Income
91 500
91 500
91 500
91 500
Total tax
32 663
28 502
49 429
47 005
After tax
58 837
62 998
42 071
44 495
Living cost
13 349
13 349
13 349
13 349
Free-cash
45 488
49 649
28 722
31 146

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
₴34411
₴63761
₴41976
₴10975
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
income
-
-
-
17 835
social contributions
-
-
-
10 431
total
-
-
-
28 266
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
18 040
91 500
-
-
income
3 969
20 130
-
-
total
3 969
20 130
-
-
Dividends
14 071
71 370
-
-
income
3 096
15 701
-
-
total
3 096
15 701
-
-
Income
91 500
91 500
91 500
91 500
Total tax
59 267
35 831
6 481
28 266
After tax
32 233
55 669
85 019
63 234
Living cost
21 258
21 258
21 258
21 258
Free-cash
10 975
34 411
63 761
41 976

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
₴36435
₴26209
₴33147
₴35934
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
91 500
income
-
-
-
10 947
surtax
-
-
-
-
social contributions

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

-
-
-
31 796
total
-
-
-
42 743
Employee
22 889
-
73 939
-
surtax
-
-
-
-
social contributions
2 518
-
8 133
-
income
4 761
-
23 987
-
total
7 279
-
32 120
-
Employer
22 889
-
73 939
-
social contributions
5 436
-
17 561
-
total
5 436
-
17 561
-
Corporate
63 175
91 500
-
-
income
13 266
19 215
-
-
surtax
-
-
-
-
total
13 266
19 215
-
-
Dividends
49 908
72 285
-
-
withholding
13 975
20 240
-
-
total
13 975
20 240
-
-
Income
91 500
91 500
91 500
91 500
Total tax
39 956
39 455
49 681
42 743
After tax
51 544
52 045
41 819
48 757
Living cost
15 610
15 610
15 610
15 610
Free-cash
35 934
36 435
26 209
33 147

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
₴22078
₴25805
₴27463
₴25498
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
income
-
-
-
14 617
other
-
-
-
2 836
surtax
-
-
-
-
social contributions
-
-
-
2 608
health
-
-
-
3 989
pensions
-
-
-
15 950
total
-
-
-
40 000
Employee
31 170
-
70 688
-
pensions
3 526
-
4 968
-
surtax
-
-
-
-
social contributions
888
-
2 014
-
income
2 720
-
13 863
-
total
7 134
-
20 845
-
Employer
31 170
-
70 688
-
health
2 182
-
6 603
-
pensions
5 122
-
8 355
-
unemployment
1 263
-
2 863
-
social contributions
93
-
212
-
other
1 076
-
2 780
-
total
9 736
-
20 813
-
Corporate
50 594
91 500
-
-
income
14 166
25 620
-
-
surtax
-
-
-
-
total
14 166
25 620
-
-
Dividends
36 428
65 880
-
-
surtax
-
-
-
-
social contributions
6 266
11 332
-
-
withholding
4 663
8 433
-
-
total
10 929
19 765
-
-
Income
91 500
91 500
91 500
91 500
Total tax
41 965
45 385
41 658
40 000
After tax
49 535
46 115
49 842
51 500
Living cost
24 037
24 037
24 037
24 037
Free-cash
25 498
22 078
25 805
27 463

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
₴67390
₴54727
₴52295
₴65718
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
income
-
-
-
4 115
social contributions
-
-
-
20 130
total
-
-
-
24 245
Employee
16 000
-
79 221
-
income
-
-
4 385
-
social contributions
1 040
-
5 149
-
total
1 040
-
9 534
-
Employer
16 000
-
79 221
-
social contributions
2 480
-
12 279
-
total
2 480
-
12 279
-
Corporate
73 020
91 500
-
-
income
7 302
9 150
-
-
total
7 302
9 150
-
-
Dividends
65 718
82 350
-
-
total
-
-
-
-
Income
91 500
91 500
91 500
91 500
Total tax
10 822
9 150
21 813
24 245
After tax
80 678
82 350
69 687
67 255
Living cost
14 960
14 960
14 960
14 960
Free-cash
65 718
67 390
54 727
52 295

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
-₴16927
-₴16927
₴29776
-₴16927
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
labour market
-
-
-
7 286
municipal
-
-
-
19 174
national
-
-
-
10 866
pensions
-
-
-
431
total
-
-
-
37 757
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
91 500
91 500
91 500
91 500
Total tax
84 460
84 460
84 460
37 757
After tax
7 040
7 040
7 040
53 743
Living cost
23 967
23 967
23 967
23 967
Free-cash
-16 927
-16 927
-16 927
29 776

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
-₴3536
₴38844
₴51594
₴5731
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
accident
-
-
-
128
income
-
-
-
25 442
other
-
-
-
187
health
-
-
-
1 101
pensions
-
-
-
2 101
total
-
-
-
28 959
Employee
17 220
-
82 536
-
pensions
1 939
-
3 853
-
income
2 362
-
19 442
-
health
1 972
-
9 450
-
total
6 273
-
32 745
-
Employer
17 220
-
82 536
-
pensions
2 800
-
5 564
-
accident
288
-
1 378
-
unemployment
422
-
2 022
-
total
3 510
-
8 964
-
Corporate
70 771
91 500
-
-
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.

63 694
82 350
-
-
total
63 694
82 350
-
-
Dividends
7 077
9 150
-
-
withholding
1 345
1 739
-
-
total
1 345
1 739
-
-
Income
91 500
91 500
91 500
91 500
Total tax
74 822
84 089
41 709
28 959
After tax
16 678
7 411
49 791
62 541
Living cost
10 947
10 947
10 947
10 947
Free-cash
5 731
-3 536
38 844
51 594

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
₴37990
₴28650
₴39353
₴39334
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
91 500
health
-
-
-
1 201
municipal
-
-
-
16 254
national
-
-
-
15 585
total
-
-
-
33 040
Employee
26 184
-
76 974
-
municipal
4 289
-
12 536
-
unemployment
393
-
1 155
-
pensions
1 767
-
5 195
-
national
433
-
9 354
-
health
195
-
977
-
total
7 077
-
29 217
-
Employer
26 184
-
76 974
-
health
201
-
593
-
pensions
4 543
-
13 355
-
accident
26
-
77
-
unemployment
170
-
501
-
total
4 940
-
14 526
-
Corporate
60 376
91 500
-
-
income
12 075
18 300
-
-
total
12 075
18 300
-
-
Dividends

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

36 225
54 900
-
-
municipal
6 520
9 882
-
-
national
2 447
6 221
-
-
total
8 967
16 103
-
-
Income
91 500
91 500
91 500
91 500
Total tax
33 059
34 403
43 743
33 040
After tax
58 441
57 097
47 757
58 460
Living cost
19 107
19 107
19 107
19 107
Free-cash
39 334
37 990
28 650
39 353

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
₴55215
₴50031
₴50825
₴52506
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
income
-
-
-
18 766
social contributions
-
-
-
8 052
health
-
-
-
2 334
total
-
-
-
29 152
Employee
38 269
38 269
85 632
-
social contributions
1 447
3 176
4 284
-
income
4 167
3 543
18 339
-
health
297
651
1 455
-
total
5 911
7 370
24 078
-
Employer
38 269
38 269
85 632
-
health
322
708
1 584
-
social contributions
1 447
3 176
4 284
-
total
1 769
3 884
5 868
-
Corporate
72 298
49 347
-
-
income
9 037
6 168
-
-
total
9 037
6 168
-
-
Dividends
63 261
43 179
-
-
withholding
10 754
7 340
-
-
total
10 754
7 340
-
-
Income
91 500
91 500
91 500
91 500
Total tax
27 471
24 762
29 946
29 152
After tax
64 029
66 738
61 554
62 348
Living cost
11 523
11 523
11 523
11 523
Free-cash
52 506
55 215
50 031
50 825

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
₴67869
₴59294
₴69276
₴65337
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
91 500
income
-
-
-
9 341
unemployment
-
-
-
14
health
-
-
-
1 801
pensions
-
-
-
3 166
total
-
-
-
14 322
Employee

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

11 423
-
86 636
-
unemployment
57
-
236
-
pensions
1 713
-
7 083
-
income
781
-
8 107
-
health
971
-
4 014
-
total
3 522
-
19 440
-
Employer

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

11 423
-
86 636
-
health
491
-
2 031
-
pensions
628
-
2 597
-
unemployment
57
-
236
-
total
1 176
-
4 864
-
Corporate
78 901
91 500
-
-
income
7 101
8 235
-
-
total
7 101
8 235
-
-
Dividends
71 800
83 265
-
-
withholding
6 462
7 494
-
-
total
6 462
7 494
-
-
Income
91 500
91 500
91 500
91 500
Total tax
18 261
15 729
24 304
14 322
After tax
73 239
75 771
67 196
77 178
Living cost
7 902
7 902
7 902
7 902
Free-cash
65 337
67 869
59 294
69 276

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
₴47259
₴35535
₴37621
₴45062
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
accident
-
-
-
416
income
-
-
-
26 355
other
-
-
-
46
unemployment
-
-
-
323
pensions
-
-
-
13 054
total
-
-
-
40 194
Employee
18 402
-
76 794
-
other
18
-
46
-
unemployment
285
-
715
-
pensions
865
-
2 168
-
income
3 548
-
24 646
-
total
4 716
-
27 575
-
Employer
18 402
-
76 794
-
pensions
4 342
-
10 886
-
accident
365
-
913
-
unemployment
1 012
-
2 537
-
other
147
-
369
-
total
5 866
-
14 705
-
Corporate
67 231
91 500
-
-
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.

10 085
13 725
-
-
total
10 085
13 725
-
-
Dividends
57 147
77 775
-
-
withholding
12 086
16 831
-
-
total
12 086
16 831
-
-
Income
91 500
91 500
91 500
91 500
Total tax
32 753
30 556
42 280
40 194
After tax
58 747
60 944
49 220
51 306
Living cost
13 685
13 685
13 685
13 685
Free-cash
45 062
47 259
35 535
37 621

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
₴56088
₴57803
₴57875
₴55922
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
income
-
-
-
31 349
health
-
-
-
533
pensions
-
-
-
735
total
-
-
-
32 617
Employee
1 535
-
90 673
-
unemployment
15
-
37
-
pensions
138
-
331
-
income
297
-
31 310
-
health
77
-
184
-
total
527
-
31 862
-
Employer
1 535
-
90 673
-
health
146
-
349
-
pensions
169
-
404
-
unemployment
31
-
74
-
total
346
-
827
-
Corporate
89 619
91 500
-
-
income
19 716
20 130
-
-
total
19 716
20 130
-
-
Dividends
69 903
71 370
-
-
withholding
13 981
14 274
-
-
total
13 981
14 274
-
-
Income
91 500
91 500
91 500
91 500
Total tax
34 570
34 404
32 689
32 617
After tax
56 930
57 096
58 811
58 883
Living cost
1 008
1 008
1 008
1 008
Free-cash
55 922
56 088
57 803
57 875

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
₴57518
₴48234
₴48232
₴55074
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
91 500
income
-
-
-
20 800
unemployment
-
-
-
551
health
-
-
-
3 781
pensions
-
-
-
9 545
total
-
-
-
34 677
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
-
84 929
-
unemployment
97
-
275
-
pensions
1 814
-
5 139
-
income
1 786
-
20 800
-
health
667
-
1 891
-
total
4 364
-
28 105
-
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
-
84 929
-
health
667
-
1 891
-
pensions
1 554
-
4 405
-
unemployment
97
-
275
-
total
2 318
-
6 571
-
Corporate
76 227
91 500
-
-
income
11 434
13 725
-
-
total
11 434
13 725
-
-
Dividends
64 793
77 775
-
-
withholding
9 719
11 666
-
-
total
9 719
11 666
-
-
Income
91 500
91 500
91 500
91 500
Total tax
27 835
25 391
34 676
34 677
After tax
63 665
66 109
56 824
56 823
Living cost
8 590
8 590
8 590
8 590
Free-cash
55 074
57 518
48 234
48 232

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
₴38628
₴28402
₴35340
₴38449
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
91 500
income
-
-
-
10 947
surtax
-
-
-
-
social contributions

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

-
-
-
31 796
total
-
-
-
42 743
Employee
19 316
-
73 939
-
surtax
-
-
-
-
social contributions
2 125
-
8 133
-
income
3 774
-
23 987
-
total
5 899
-
32 120
-
Employer
19 316
-
73 939
-
social contributions
4 587
-
17 561
-
total
4 587
-
17 561
-
Corporate
67 597
91 500
-
-
income
14 196
19 215
-
-
surtax
-
-
-
-
total
14 196
19 215
-
-
Dividends
53 401
72 285
-
-
withholding
14 952
20 240
-
-
total
14 952
20 240
-
-
Income
91 500
91 500
91 500
91 500
Total tax
39 634
39 455
49 681
42 743
After tax
51 866
52 045
41 819
48 757
Living cost
13 417
13 417
13 417
13 417
Free-cash
38 449
38 628
28 402
35 340

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
₴43454
₴31730
₴33816
₴40198
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
accident
-
-
-
416
income
-
-
-
26 355
other
-
-
-
46
unemployment
-
-
-
323
pensions
-
-
-
13 054
total
-
-
-
40 194
Employee
24 035
-
76 794
-
other
24
-
46
-
unemployment
372
-
715
-
pensions
1 130
-
2 168
-
income
5 020
-
24 646
-
total
6 546
-
27 575
-
Employer
24 035
-
76 794
-
pensions
5 672
-
10 886
-
accident
476
-
913
-
unemployment
1 322
-
2 537
-
other
193
-
369
-
total
7 663
-
14 705
-
Corporate
59 801
91 500
-
-
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.

8 970
13 725
-
-
total
8 970
13 725
-
-
Dividends
50 831
77 775
-
-
withholding
10 633
16 831
-
-
total
10 633
16 831
-
-
Income
91 500
91 500
91 500
91 500
Total tax
33 812
30 556
42 280
40 194
After tax
57 688
60 944
49 220
51 306
Living cost
17 490
17 490
17 490
17 490
Free-cash
40 198
43 454
31 730
33 816

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
₴69673
₴68207
₴64575
₴66641
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
income
-
-
-
13 725
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
-
-
-
18 366
Employee
11 334
-
88 090
-
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
-
8 809
-
health
521
-
799
-
total
2 775
-
11 325
-
Employer
11 334
-
88 090
-
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
77 943
91 500
-
-
income
7 794
9 150
-
-
total
7 794
9 150
-
-
Dividends
70 149
82 350
-
-
withholding
3 507
4 118
-
-
total
3 507
4 118
-
-
Income
91 500
91 500
91 500
91 500
Total tax
16 300
13 268
14 734
18 366
After tax
75 200
78 232
76 766
73 134
Living cost
8 559
8 559
8 559
8 559
Free-cash
66 641
69 673
68 207
64 575

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
₴27871
₴38598
₴28788
₴34380
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
91 500
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.

-
-
-
28 709
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.

-
-
-
1 579
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
-
-
-
9 810
total
-
-
-
43 498
Employee

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

24 762
-
91 500
-
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
-
1 579
-
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
-
28 709
-
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
-
33 688
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
66 738
91 500
-
-
income
10 011
13 725
-
-
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.

551
755
-
-
chamber of commerce
174
210
-
-
trade
9 577
13 130
-
-
total
20 313
27 820
-
-
Dividends
46 426
63 680
-
-
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.

628
865
-
-
withholding
11 417
15 730
-
-
total
12 045
16 595
-
-
Income
91 500
91 500
91 500
91 500
Total tax
37 906
44 415
33 688
43 498
After tax
53 594
47 085
57 812
48 002
Living cost
19 214
19 214
19 214
19 214
Free-cash
34 380
27 871
38 598
28 788

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
₴35700
₴19422
₴19422
₴36799
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
income
-
-
-
28 374
social contributions
-
-
-
15 354
total
-
-
-
43 728
Employee
38 929
-
91 500
-
income
7 346
-
28 374
-
social contributions
3 234
-
15 354
-
total
10 580
-
43 728
-
Employer
38 929
-
91 500
-
total
-
-
-
-
Corporate
52 571
91 500
-
-
income
6 571
11 437
-
-
total
6 571
11 437
-
-
Dividends
45 999
80 063
-
-
withholding
9 200
16 013
-
-
total
9 200
16 013
-
-
Income
91 500
91 500
91 500
91 500
Total tax
26 351
27 450
43 728
43 728
After tax
65 149
64 050
47 772
47 772
Living cost
28 350
28 350
28 350
28 350
Free-cash
36 799
35 700
19 422
19 422

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
₴38780
₴46758
₴56251
₴40520
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
91 500
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
-
89 211
-
income
2 477
-
22 098
-
social contributions
2 287
-
2 289
-
total
4 764
-
24 387
-
Employer
22 830
-
89 211
-
social contributions
2 287
-
2 289
-
total
2 287
-
2 289
-
Corporate
66 382
91 500
-
-
income
23 234
32 025
-
-
total
23 234
32 025
-
-
Dividends
43 148
59 475
-
-
social contributions
2 629
2 629
-
-
total
2 629
2 629
-
-
Income
91 500
91 500
91 500
91 500
Total tax
32 914
34 654
26 676
17 183
After tax
58 586
56 846
64 824
74 317
Living cost
18 066
18 066
18 066
18 066
Free-cash
40 520
38 780
46 758
56 251

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
₴41005
₴33655
₴41914
₴43947
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
income
-
-
-
26 568
pensions
-
-
-
4 552
total
-
-
-
31 120
Employee
25 347
-
79 894
-
pensions
1 935
-
5 570
-
income
4 616
-
21 061
-
health
331
-
1 143
-
total
6 882
-
27 774
-
Employer
25 347
-
79 894
-
health
482
-
1 517
-
pensions
2 561
-
10 088
-
total
3 043
-
11 605
-
Corporate
63 110
91 500
-
-
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.

11 991
17 385
-
-
total
11 991
17 385
-
-
Dividends
51 119
74 115
-
-
withholding
7 171
14 644
-
-
total
7 171
14 644
-
-
Income
91 500
91 500
91 500
91 500
Total tax
29 087
32 029
39 379
31 120
After tax
62 413
59 471
52 121
60 380
Living cost
18 466
18 466
18 466
18 466
Free-cash
43 947
41 005
33 655
41 914

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
-₴4620
₴37760
₴50510
₴5565
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
accident
-
-
-
128
income
-
-
-
25 442
other
-
-
-
187
health
-
-
-
1 101
pensions
-
-
-
2 101
total
-
-
-
28 959
Employee
18 925
-
82 536
-
pensions
2 131
-
3 853
-
income
2 596
-
19 442
-
health
2 167
-
9 450
-
total
6 894
-
32 745
-
Employer
18 925
-
82 536
-
pensions
3 077
-
5 564
-
accident
316
-
1 378
-
unemployment
464
-
2 022
-
total
3 857
-
8 964
-
Corporate
68 719
91 500
-
-
income

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

61 847
82 350
-
-
total
61 847
82 350
-
-
Dividends
6 872
9 150
-
-
withholding
1 306
1 739
-
-
total
1 306
1 739
-
-
Income
91 500
91 500
91 500
91 500
Total tax
73 904
84 089
41 709
28 959
After tax
17 596
7 411
49 791
62 541
Living cost
12 031
12 031
12 031
12 031
Free-cash
5 565
-4 620
37 760
50 510

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
₴70273
₴58686
₴47741
₴67945
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
91 500
income
-
-
-
15 144
unemployment
-
-
-
955
work injury
-
-
-
398
health insurance
-
-
-
5 891
pensions
-
-
-
14 647
total
-
-
-
37 035
Employee

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

10 758
-
91 500
-
health insurance
796
-
2 945
-
unemployment
129
-
478
-
work injury
54
-
199
-
pensions
1 979
-
7 324
-
income
1 076
-
15 144
-
total
4 034
-
26 090
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
80 742
91 500
-
-
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%.

807
915
-
-
total
807
915
-
-
Dividends
79 935
90 585
-
-
withholding
11 990
13 588
-
-
total
11 990
13 588
-
-
Income
91 500
91 500
91 500
91 500
Total tax
16 831
14 503
26 090
37 035
After tax
74 669
76 997
65 410
54 465
Living cost
6 724
6 724
6 724
6 724
Free-cash
67 945
70 273
58 686
47 741

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
₴28370
₴18579
₴22596
₴26108
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
social contributions
-
-
-
23 533
regional
-
-
-
2 100
municipal
-
-
-
612
national
-
-
-
22 833
total
-
-
-
49 078
Employee
41 937
-
91 500
-
municipal
250
-
546
-
national
7 087
-
19 831
-
regional
633
-
1 864
-
social contributions
14 141
-
30 854
-
total
22 111
-
53 095
-
Employer
41 937
-
91 500
-
total
-
-
-
-
Corporate
49 563
91 500
-
-
municipal
2 388
4 410
-
-
nationa
11 895
21 960
-
-
total
14 283
26 370
-
-
Dividends
35 279
65 130
-
-
withholding
9 172
16 934
-
-
total
9 172
16 934
-
-
Income
91 500
91 500
91 500
91 500
Total tax
45 566
43 304
53 095
49 078
After tax
45 934
48 196
38 405
42 422
Living cost
19 826
19 826
19 826
19 826
Free-cash
26 108
28 370
18 579
22 596

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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