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
₴33150
₴37887
₴32609
₴43884
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
11 275
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.

-
-
-
30 064
health

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

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

-
-
-
2 926
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.

-
-
-
1 653
total
-
-
-
45 918
Employee

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

16 382
-
91 500
-
health

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

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

2 926
-
2 926
-
surtax

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

25
-
1 653
-
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.

458
-
30 064
-
total
3 409
-
34 643
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
75 118
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.

619
755
-
-
income
11 268
13 725
-
-
trade
11 831
14 411
-
-
chamber of commerce
173
197
-
-
total
23 891
29 088
-
-
Dividends
51 226
62 412
-
-
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.

696
849
-
-
withholding
12 644
15 440
-
-
total
13 340
16 289
-
-
Income
91 500
91 500
91 500
91 500
Total tax
40 640
45 377
34 643
45 918
After tax
50 860
46 123
56 857
45 582
Living cost
12 973
12 973
12 973
12 973
Free-cash
37 887
33 150
43 884
32 609

Estimated living cost  is ₴12973 per week

₴8161
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1513
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.
₴3058
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴35453
₴35092
₴30810
₴31302
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
10 139
pensions
-
-
-
10 980
national
-
-
-
16 944
social contributions
-
-
-
984
total
-
-
-
39 047
Employee
33 550
-
79 101
-
municipal
4 144
-
10 493
-
pensions
1 342
-
3 164
-
national
6 422
-
17 720
-
total
11 908
-
31 377
-
Employer
33 550
-
79 101
-
social contributions
361
-
850
-
pensions
2 684
-
6 328
-
total
3 045
-
7 178
-
Corporate
52 690
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%.

10 538
18 300
-
-
total
10 538
18 300
-
-
Dividends
42 152
73 200
-
-
withholding
9 274
16 104
-
-
total
9 274
16 104
-
-
Income
91 500
91 500
91 500
91 500
Total tax
34 765
34 404
38 555
39 047
After tax
56 735
57 096
52 945
52 453
Living cost
21 643
21 643
21 643
21 643
Free-cash
35 092
35 453
31 302
30 810

Estimated living cost  is ₴21643 per week

₴14710
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2012
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴324
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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
₴64289
₴60775
₴24044
₴30615
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
-
income
-
-
-
18 802
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.

-
-
-
16 411
total
-
-
-
58 545
Employee
12 515
-
71 354
-
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.

1 377
-
5 615
-
surtax
-
-
10 346
-
income
2 228
-
15 867
-
total
3 605
-
31 828
-
Employer
12 515
-
71 354
-
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.

3 015
-
12 297
-
surtax
-
-
7 849
-
total
3 015
-
20 146
-
Corporate
75 970
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%.

15 194
18 300
-
-
total
15 194
18 300
-
-
Dividends

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

60 776
73 200
-
-
total
-
-
-
-
Income
91 500
91 500
91 500
91 500
Total tax
21 814
18 300
51 974
58 545
After tax
69 686
73 200
39 526
32 955
Living cost
8 911
8 911
8 911
8 911
Free-cash
60 775
64 289
30 615
24 044

Estimated living cost  is ₴8911 per week

₴5685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴849
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴202
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2175
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴27598
₴24973
₴31456
₴40585
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 801
pensions
-
-
-
5 018
health
-
-
-
5 282
total
-
-
-
42 101
Employee
36 576
36 576
83 540
-
health
5 614
4 775
5 282
-
income

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

5 987
5 987
14 713
-
pensions
6 584
5 018
5 018
-
total
18 185
15 780
25 013
-
Employer
36 576
36 576
83 540
-
unemployment
1 317
1 317
1 636
-
pensions
2 546
2 546
3 164
-
health
2 542
2 542
3 159
-
total
6 405
6 405
7 959
-
Corporate
48 968
48 519
-
-
income
9 793
9 704
-
-
total
9 793
9 704
-
-
Dividends
39 174
38 815
-
-
income
8 325
8 248
-
-
withholding
5 876
5 822
-
-
total
14 201
14 070
-
-
Income
91 500
91 500
91 500
91 500
Total tax
48 584
45 959
32 972
42 101
After tax
42 916
45 541
58 528
49 399
Living cost
17 943
17 943
17 943
17 943
Free-cash
24 973
27 598
40 585
31 456

Estimated living cost  is ₴17943 per week

₴12716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1617
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴285
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3324
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴33411
₴33040
₴29299
₴28897
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
24 152
accident
-
-
-
73
pensions
-
-
-
3 921
other
-
-
-
4 214
unemployment
-
-
-
36
health
-
-
-
2 263
national
-
-
-
10 994
total
-
-
-
45 653
Employee
23 580
-
80 105
-
municipal
7 032
-
23 887
-
national
-
-
10 772
-
total
7 032
-
34 659
-
Employer
23 580
-
80 105
-
accident
47
-
73
-
other
2 740
-
4 214
-
unemployment
622
-
957
-
pensions
2 549
-
3 921
-
health
1 450
-
2 231
-
total
7 408
-
11 396
-
Corporate
60 511
91 500
-
-
income
13 312
20 130
-
-
total
13 312
20 130
-
-
Dividends
47 199
71 370
-
-
withholding
14 160
21 411
-
-
total
14 160
21 411
-
-
Income
91 500
91 500
91 500
91 500
Total tax
41 912
41 541
46 055
45 653
After tax
49 588
49 959
45 445
45 847
Living cost
16 548
16 548
16 548
16 548
Free-cash
33 040
33 411
28 897
29 299

Estimated living cost  is ₴16548 per week

₴10968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1624
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴251
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3706
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴28826
₴34846
₴28255
₴40031
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
11 776
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.

-
-
-
30 064
health

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

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

-
-
-
2 926
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.

-
-
-
1 653
total
-
-
-
46 419
Employee

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

21 721
-
91 500
-
health

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

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

2 926
-
2 926
-
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.

102
-
1 653
-
income

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

1 866
-
30 064
-
total
4 894
-
34 643
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
69 779
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.

575
755
-
-
income
10 467
13 725
-
-
trade
11 478
15 052
-
-
chamber of commerce
164
195
-
-
total
22 684
29 727
-
-
Dividends
47 094
61 773
-
-
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.

639
840
-
-
withholding
11 611
15 281
-
-
total
12 250
16 121
-
-
Income
91 500
91 500
91 500
91 500
Total tax
39 828
45 848
34 643
46 419
After tax
51 672
45 652
56 857
45 081
Living cost
16 826
16 826
16 826
16 826
Free-cash
34 846
28 826
40 031
28 255

Estimated living cost  is ₴16826 per week

₴11253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1774
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴251
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3547
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴52807
₴51030
₴47843
₴47083
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 501
health
-
-
-
2 334
social contributions
-
-
-
6 930
total
-
-
-
29 765
Employee
32 935
32 935
86 218
-
social contributions
1 600
2 733
3 687
-
health
328
560
1 465
-
income
3 458
3 049
20 091
-
total
5 386
6 342
25 243
-
Employer
32 935
32 935
86 218
-
social contributions
1 600
2 733
3 687
-
health
357
610
1 595
-
total
1 957
3 343
5 282
-
Corporate
70 264
55 222
-
-
income
8 783
6 902
-
-
total
8 783
6 902
-
-
Dividends
61 481
48 319
-
-
withholding
10 452
8 214
-
-
total
10 452
8 214
-
-
Income
91 500
91 500
91 500
91 500
Total tax
26 578
24 801
30 525
29 765
After tax
64 922
66 699
60 975
61 735
Living cost
13 892
13 892
13 892
13 892
Free-cash
51 030
52 807
47 083
47 843

Estimated living cost  is ₴13892 per week

₴9497
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1085
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴233
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3077
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴43583
₴43746
₴55603
₴45259
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
9 150
unemployment
-
-
-
1 373
health
-
-
-
6 405
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.

11 234
4 471
76 569
-
health
786
313
5 360
-
income
1 373
547
9 361
-
pensions
1 123
447
7 657
-
unemployment
169
67
1 149
-
total
3 451
1 374
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.

11 234
4 471
76 569
-
pensions
2 191
872
14 931
-
total
2 191
872
14 931
-
Corporate
78 075
86 157
-
-
income
7 027
7 754
-
-
total
7 027
7 754
-
-
Dividends
71 048
78 403
-
-
social contributions
13 803
15 237
-
-
withholding
13 499
14 897
-
-
total
27 302
30 134
-
-
Income
91 500
91 500
91 500
91 500
Total tax
39 971
40 134
38 458
28 114
After tax
51 529
51 366
53 042
63 386
Living cost
7 783
7 783
7 783
7 783
Free-cash
43 746
43 583
45 259
55 603

Estimated living cost  is ₴7783 per week

₴5311
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴155
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1679
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴62855
₴60195
₴38699
₴42395
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 261
pensions
-
-
-
18 300
health
-
-
-
11 895
total
-
-
-
42 456
Employee
12 151
-
68 385
-
income
1 368
-
13 184
-
pensions
243
-
1 368
-
unemployment
194
-
1 094
-
total
1 805
-
15 646
-
Employer
12 151
-
68 385
-
unemployment
98
-
547
-
pensions
2 430
-
13 677
-
health
1 579
-
8 890
-
total
4 107
-
23 114
-
Corporate
75 242
91 500
-
-
income
15 048
18 300
-
-
total
15 048
18 300
-
-
Dividends
60 194
73 200
-
-
total
-
-
-
-
Income
91 500
91 500
91 500
91 500
Total tax
20 960
18 300
38 760
42 456
After tax
70 540
73 200
52 740
49 044
Living cost
10 345
10 345
10 345
10 345
Free-cash
60 195
62 855
42 395
38 699

Estimated living cost  is ₴10345 per week

₴7096
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.
₴208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2425
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴1954
₴5976
₴53125
₴40914
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
108
income
-
-
-
26 044
pensions
-
-
-
1 771
other
-
-
-
158
health
-
-
-
928
total
-
-
-
29 009
Employee
14 734
-
83 374
-
health
1 687
-
9 547
-
income
2 021
-
20 299
-
pensions
1 659
-
3 248
-
total
5 367
-
33 094
-
Employer
14 734
-
83 374
-
accident
246
-
1 392
-
unemployment
361
-
2 043
-
pensions
2 396
-
4 691
-
total
3 003
-
8 126
-
Corporate
73 763
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.

66 387
82 350
-
-
total
66 387
82 350
-
-
Dividends
7 376
9 150
-
-
withholding
1 401
1 738
-
-
total
1 401
1 738
-
-
Income
91 500
91 500
91 500
91 500
Total tax
76 158
84 088
41 220
29 009
After tax
15 342
7 412
50 280
62 491
Living cost
9 366
9 366
9 366
9 366
Free-cash
5 976
-1 954
40 914
53 125

Estimated living cost  is ₴9366 per week

₴6865
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴519
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴195
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1787
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴83072
₴82350
₴86732
₴69347
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
4 817
-
91 500
-
income
963
-
18 300
-
total
963
-
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%.

86 683
91 500
-
-
total
-
-
-
-
Dividends
86 683
91 500
-
-
withholding
4 334
4 575
-
-
total
4 334
4 575
-
-
Income
91 500
91 500
91 500
91 500
Total tax
5 297
4 575
18 300
915
After tax
86 203
86 925
73 200
90 585
Living cost
3 853
3 853
3 853
3 853
Free-cash
82 350
83 072
69 347
86 732

Estimated living cost  is ₴3853 per week

₴2388
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴320
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴106
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1039
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴55812
₴52920
₴42831
₴42064
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 664
pensions

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

-
-
-
15 632
other
-
-
-
3 094
health
-
-
-
2 866
total
-
-
-
37 256
Employee
15 552
-
75 008
-
health
218
-
912
-
income
2 677
-
15 409
-
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.

1 088
-
4 559
-
unemployment
155
-
651
-
total
4 138
-
21 531
-
Employer
15 552
-
75 008
-
accident
124
-
600
-
other
778
-
3 256
-
unemployment
155
-
651
-
pensions

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

2 644
-
11 073
-
health
218
-
912
-
total
3 919
-
16 492
-
Corporate
72 029
91 500
-
-
income
15 126
19 215
-
-
total
15 126
19 215
-
-
Dividends
56 903
72 285
-
-
withholding
3 984
5 060
-
-
total
3 984
5 060
-
-
Income
91 500
91 500
91 500
91 500
Total tax
27 167
24 275
38 023
37 256
After tax
64 333
67 225
53 477
54 244
Living cost
11 413
11 413
11 413
11 413
Free-cash
52 920
55 812
42 064
42 831

Estimated living cost  is ₴11413 per week

₴8064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴771
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴184
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2395
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴29447
₴32908
₴30744
₴22553
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 828
pensions
-
-
-
4 183
total
-
-
-
32 011
Employee
40 669
-
79 783
-
health
670
-
1 095
-
income
7 331
-
22 364
-
pensions
3 923
-
5 029
-
total
11 924
-
28 488
-
Employer
40 669
-
79 783
-
pensions
4 802
-
10 199
-
health
772
-
1 515
-
total
5 574
-
11 714
-
Corporate
45 256
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.

8 599
17 385
-
-
total
8 599
17 385
-
-
Dividends
36 658
74 115
-
-
withholding
3 750
15 923
-
-
total
3 750
15 923
-
-
Income
91 500
91 500
91 500
91 500
Total tax
29 847
33 308
40 202
32 011
After tax
61 653
58 192
51 298
59 489
Living cost
28 745
28 745
28 745
28 745
Free-cash
32 908
29 447
22 553
30 744

Estimated living cost  is ₴28745 per week

₴21539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴3377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴234
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3595
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴72613
₴70623
₴68158
₴71919
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
2 216
unemployment
-
-
-
60
health
-
-
-
1 722
total
-
-
-
17 723
Employee
7 440
-
88 563
-
health
342
-
689
-
accident

We are using the highest rate at 1.1%.

82
-
165
-
income
744
-
8 856
-
pensions

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

653
-
1 314
-
total
1 821
-
11 024
-
Employer
7 440
-
88 563
-
accident

We are using the highest rate at 1.1%.

82
-
165
-
unemployment
44
-
90
-
pensions

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

820
-
1 650
-
health
514
-
1 033
-
total
1 460
-
2 938
-
Corporate
82 600
91 500
-
-
income
8 260
9 150
-
-
total
8 260
9 150
-
-
Dividends
74 339
82 350
-
-
withholding
3 717
4 118
-
-
total
3 717
4 118
-
-
Income
91 500
91 500
91 500
91 500
Total tax
15 258
13 268
13 962
17 723
After tax
76 242
78 232
77 538
73 777
Living cost
5 619
5 619
5 619
5 619
Free-cash
70 623
72 613
71 919
68 158

Estimated living cost  is ₴5619 per week

₴3281
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴401
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴149
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1788
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴21790
₴22866
₴25648
₴34777
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 801
pensions
-
-
-
5 018
health
-
-
-
5 282
total
-
-
-
42 101
Employee
39 710
36 576
83 540
-
health
4 954
4 775
5 282
-
income

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

5 987
5 987
14 713
-
pensions
5 018
5 018
5 018
-
total
15 959
15 780
25 013
-
Employer
39 710
36 576
83 540
-
unemployment
1 430
1 317
1 636
-
pensions
2 764
2 546
3 164
-
health
2 759
2 542
3 159
-
total
6 953
6 405
7 959
-
Corporate
44 837
48 519
-
-
income
8 968
9 704
-
-
total
8 968
9 704
-
-
Dividends
35 870
38 815
-
-
income
7 622
8 248
-
-
withholding
5 381
5 822
-
-
total
13 003
14 070
-
-
Income
91 500
91 500
91 500
91 500
Total tax
44 883
45 959
32 972
42 101
After tax
46 617
45 541
58 528
49 399
Living cost
23 751
23 751
23 751
23 751
Free-cash
22 866
21 790
34 777
25 648

Estimated living cost  is ₴23751 per week

₴17520
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2121
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴272
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3837
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₴52740
₴49080
₴43502
₴39532
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 658
health
-
-
-
12 353
solidarity contribution
-
-
-
968
social contributions
-
-
-
14 761
total
-
-
-
37 740
Employee
15 086
-
72 351
-
social contributions
981
-
3 286
-
health
2 037
-
9 767
-
solidarity contribution
-
-
612
-
income
1 810
-
8 895
-
total
4 828
-
22 560
-
Employer
15 086
-
72 351
-
social contributions
3 771
-
12 638
-
health
1 358
-
6 512
-
total
5 129
-
19 150
-
Corporate
71 285
91 500
-
-
income
13 544
17 385
-
-
total
13 544
17 385
-
-
Dividends
57 741
74 115
-
-
withholding
8 661
11 117
-
-
total
8 661
11 117
-
-
Income
91 500
91 500
91 500
91 500
Total tax
32 162
28 502
41 710
37 740
After tax
59 338
62 998
49 790
53 760
Living cost
10 258
10 258
10 258
10 258
Free-cash
49 080
52 740
39 532
43 502

Estimated living cost  is ₴10258 per week

₴7125
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴730
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴202
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2201
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₴30746
₴28509
₴25719
₴22090
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
561
regional
-
-
-
1 134
national
-
-
-
24 576
social contributions
-
-
-
21 437
total
-
-
-
47 708
Employee
38 066
-
91 500
-
social contributions
12 836
-
28 104
-
regional
359
-
1 018
-
municipal
202
-
507
-
national
6 596
-
21 708
-
total
19 993
-
51 337
-
Employer
38 066
-
91 500
-
total
-
-
-
-
Corporate
53 434
91 500
-
-
nationa
12 824
21 960
-
-
municipal
2 084
3 568
-
-
total
14 908
25 528
-
-
Dividends
38 526
65 971
-
-
withholding
10 017
17 153
-
-
total
10 017
17 153
-
-
Income
91 500
91 500
91 500
91 500
Total tax
44 918
42 681
51 337
47 708
After tax
46 582
48 819
40 163
43 792
Living cost
18 073
18 073
18 073
18 073
Free-cash
28 509
30 746
22 090
25 719

Estimated living cost  is ₴18073 per week

₴12598
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1185
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.
₴4012
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴48102
₴46769
₴33637
₴31017
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 145
pensions
-
-
-
11 433
other
-
-
-
-
unemployment
-
-
-
98
health
-
-
-
4 058
surtax
-
-
-
4 678
total
-
-
-
48 412
Employee
14 164
-
79 467
-
other
-
-
-
-
health
362
-
1 457
-
surtax
46
-
4 166
-
income
2 374
-
25 584
-
pensions
944
-
3 813
-
unemployment
986
-
3 979
-
total
4 712
-
38 999
-
Employer
14 164
-
79 467
-
other
-
-
-
-
unemployment
449
-
1 812
-
pensions
1 888
-
7 620
-
health
645
-
2 601
-
total
2 982
-
12 033
-
Corporate
74 355
91 500
-
-
income
19 333
23 790
-
-
total
19 333
23 790
-
-
Dividends
55 022
67 710
-
-
withholding
8 253
10 157
-
-
total
8 253
10 157
-
-
Income
91 500
91 500
91 500
91 500
Total tax
35 280
33 947
51 032
48 412
After tax
56 220
57 553
40 468
43 088
Living cost
9 451
9 451
9 451
9 451
Free-cash
46 769
48 102
31 017
33 637

Estimated living cost  is ₴9451 per week

₴5779
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴872
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴218
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2582
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴38554
₴41394
₴39851
₴31660
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 828
pensions
-
-
-
4 183
total
-
-
-
32 011
Employee
27 256
-
79 783
-
health
396
-
1 095
-
income
4 909
-
22 364
-
pensions
2 313
-
5 029
-
total
7 618
-
28 488
-
Employer
27 256
-
79 783
-
pensions
2 950
-
10 199
-
health
518
-
1 515
-
total
3 468
-
11 714
-
Corporate
60 776
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.

11 547
17 385
-
-
total
11 547
17 385
-
-
Dividends
49 229
74 115
-
-
withholding
7 835
15 923
-
-
total
7 835
15 923
-
-
Income
91 500
91 500
91 500
91 500
Total tax
30 468
33 308
40 202
32 011
After tax
61 032
58 192
51 298
59 489
Living cost
19 638
19 638
19 638
19 638
Free-cash
41 394
38 554
31 660
39 851

Estimated living cost  is ₴19638 per week

₴14712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1472
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴3248
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴9469
₴23319
₴40413
₴36933
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
964
pensions
-
-
-
8 418
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
-
-
-
5 046
health
-
-
-
206
national
-
-
-
2 251
total
-
-
-
18 715
Employee
37 883
-
82 271
-
city
407
-
889
-
regional
1 240
-
4 474
-
health
86
-
185
-
pensions
3 183
-
6 493
-
unemployment
-
-
-
-
national
179
-
1 831
-
total
5 095
-
13 872
-
Employer
37 883
-
82 271
-
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.

757
-
1 645
-
unemployment
-
-
-
-
pensions
3 183
-
6 493
-
health
86
-
185
-
total
4 026
-
8 323
-
Corporate
49 174
91 500
-
-
regional
10 400
19 352
-
-
national
4 180
7 777
-
-
total
14 580
27 129
-
-
Dividends
34 595
64 371
-
-
withholding
12 108
22 530
-
-
total
12 108
22 530
-
-
Income
91 500
91 500
91 500
91 500
Total tax
35 809
49 659
22 195
18 715
After tax
55 691
41 841
69 305
72 785
Living cost
32 372
32 372
32 372
32 372
Free-cash
23 319
9 469
36 933
40 413

Estimated living cost  is ₴32372 per week

₴21051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴2905
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.
₴8018
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₴25562
₴32505
₴24959
₴37236
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
12 277
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.

-
-
-
30 064
health

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

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

-
-
-
2 926
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.

-
-
-
1 653
total
-
-
-
46 920
Employee

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

25 741
-
91 500
-
health

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

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

2 926
-
2 926
-
surtax

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

167
-
1 653
-
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.

3 027
-
30 064
-
total
6 120
-
34 643
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
65 759
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.

542
755
-
-
income
9 864
13 725
-
-
trade
11 278
15 692
-
-
chamber of commerce
158
193
-
-
total
21 842
30 365
-
-
Dividends
43 918
61 134
-
-
surtax

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

595
831
-
-
withholding
10 817
15 121
-
-
total
11 412
15 952
-
-
Income
91 500
91 500
91 500
91 500
Total tax
39 374
46 317
34 643
46 920
After tax
52 126
45 183
56 857
44 580
Living cost
19 621
19 621
19 621
19 621
Free-cash
32 505
25 562
37 236
24 959

Estimated living cost  is ₴19621 per week

₴14331
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1570
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.
₴3467
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴31462
₴33992
₴35837
₴33464
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 410
pensions
-
-
-
14 785
other
-
-
-
2 837
health
-
-
-
4 370
surtax
-
-
-
-
social contributions
-
-
-
2 607
total
-
-
-
41 009
Employee
18 331
-
70 005
-
social contributions
523
-
1 995
-
surtax
-
-
-
-
income
1 082
-
14 688
-
pensions
2 073
-
5 204
-
total
3 678
-
21 887
-
Employer
18 331
-
70 005
-
other
632
-
2 874
-
social contributions
55
-
210
-
unemployment
742
-
2 835
-
pensions
3 011
-
8 701
-
health
1 283
-
6 875
-
total
5 723
-
21 495
-
Corporate
67 444
91 500
-
-
surtax
-
-
-
-
income
18 885
25 620
-
-
total
18 885
25 620
-
-
Dividends
48 560
65 880
-
-
surtax
-
-
-
-
social contributions
8 352
11 331
-
-
withholding
6 216
8 433
-
-
total
14 568
19 764
-
-
Income
91 500
91 500
91 500
91 500
Total tax
42 854
45 384
43 382
41 009
After tax
48 646
46 116
48 118
50 491
Living cost
14 654
14 654
14 654
14 654
Free-cash
33 992
31 462
33 464
35 837

Estimated living cost  is ₴14654 per week

₴9240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3974
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴32914
₴35293
₴37289
₴34916
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 410
pensions
-
-
-
14 785
other
-
-
-
2 837
health
-
-
-
4 370
surtax
-
-
-
-
social contributions
-
-
-
2 607
total
-
-
-
41 009
Employee
16 363
-
70 005
-
social contributions
467
-
1 995
-
surtax
-
-
-
-
income
844
-
14 688
-
pensions
1 851
-
5 204
-
total
3 162
-
21 887
-
Employer
16 363
-
70 005
-
other
565
-
2 874
-
social contributions
49
-
210
-
unemployment
662
-
2 835
-
pensions
2 689
-
8 701
-
health
1 145
-
6 875
-
total
5 110
-
21 495
-
Corporate
70 027
91 500
-
-
surtax
-
-
-
-
income
19 607
25 620
-
-
total
19 607
25 620
-
-
Dividends
50 420
65 880
-
-
surtax
-
-
-
-
social contributions
8 672
11 331
-
-
withholding
6 454
8 433
-
-
total
15 126
19 764
-
-
Income
91 500
91 500
91 500
91 500
Total tax
43 005
45 384
43 382
41 009
After tax
48 495
46 116
48 118
50 491
Living cost
13 202
13 202
13 202
13 202
Free-cash
35 293
32 914
34 916
37 289

Estimated living cost  is ₴13202 per week

₴7657
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1341
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3954
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴46741
₴46963
₴49679
₴47320
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
6 387
social contributions
-
-
-
12 627
total
-
-
-
32 739
Employee
14 522
-
91 500
-
social contributions
2 004
-
12 627
-
health
1 014
-
6 387
-
income
2 422
-
16 084
-
total
5 440
-
35 098
-
Employer
14 522
-
91 500
-
total
-
-
-
-
Corporate
76 978
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%.

3 849
4 575
-
-
total
3 849
4 575
-
-
Dividends
73 129
86 925
-
-
health
5 104
6 068
-
-
social contributions
10 092
11 995
-
-
withholding
10 970
13 039
-
-
total
26 166
31 102
-
-
Income
91 500
91 500
91 500
91 500
Total tax
35 455
35 677
35 098
32 739
After tax
56 045
55 823
56 402
58 761
Living cost
9 082
9 082
9 082
9 082
Free-cash
46 963
46 741
47 320
49 679

Estimated living cost  is ₴9082 per week

₴6078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴560
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴209
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴35381
₴34719
₴31861
₴8946
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
366
income
-
-
-
28 385
pensions
-
-
-
9 257
unemployment
-
-
-
2 627
health
-
-
-
3 827
surtax
-
-
-
85
total
-
-
-
44 547
Employee
21 405
17 069
75 180
-
other
214
171
501
-
health
828
661
1 936
-
income
2 437
1 259
23 690
-
pensions
2 192
1 748
5 124
-
unemployment
642
512
1 501
-
total
6 313
4 351
32 752
-
Employer
21 405
17 069
75 180
-
accident
278
222
650
-
other
1 017
810
3 357
-
chamber of commerce
85
68
301
-
unemployment
642
512
1 501
-
surtax
85
85
85
-
pensions
2 686
2 143
6 280
-
payroll
642
512
2 256
-
health
809
645
1 891
-
total
6 244
4 997
16 321
-
Corporate
63 851
69 434
73 554
-
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.

15 963
17 358
18 389
-
total
15 963
17 358
18 389
-
Dividends
47 888
52 076
-
-
withholding
13 169
14 321
-
-
total
13 169
14 321
-
-
Income
91 500
91 500
91 500
91 500
Total tax
41 689
41 027
67 462
44 547
After tax
49 811
50 473
24 038
46 953
Living cost
15 092
15 092
15 092
15 092
Free-cash
34 719
35 381
8 946
31 861

Estimated living cost  is ₴15092 per week

₴10066
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴248
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3491
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴34866
₴29099
₴24155
₴15699
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
36 200
communal

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

-
-
-
4 849
social contributions
-
-
-
10 679
total
-
-
-
51 728
Employee

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

30 637
-
70 869
-
communal

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

1 598
-
3 697
-
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.

1 439
-
3 331
-
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.

2 298
-
5 315
-
unemployment

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

267
-
617
-
national
9 419
-
26 593
-
total
15 021
-
39 553
-
Employer

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

30 637
-
70 869
-
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.

398
-
922
-
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.

447
-
1 035
-
surtax
3 474
-
8 037
-
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.

2 715
-
6 279
-
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.

1 884
-
4 358
-
total
8 918
-
20 631
-
Corporate
51 944
91 500
-
-
surtax
208
384
-
-
income
10 389
19 220
-
-
total
10 597
19 604
-
-
Dividends
41 347
71 896
-
-
withholding

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

12 248
21 413
-
-
total
12 248
21 413
-
-
Income
91 500
91 500
91 500
91 500
Total tax
46 784
41 017
60 184
51 728
After tax
44 716
50 483
31 316
39 772
Living cost
15 617
15 617
15 617
15 617
Free-cash
29 099
34 866
15 699
24 155

Estimated living cost  is ₴15617 per week

₴10059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1366
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴245
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3948
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴45329
₴42396
₴35701
₴33905
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
358
income
-
-
-
28 420
pensions
-
-
-
11 235
other
-
-
-
40
unemployment
-
-
-
278
total
-
-
-
40 331
Employee
21 320
-
78 844
-
other
21
-
40
-
income
4 498
-
26 950
-
pensions
1 002
-
1 866
-
unemployment
331
-
615
-
total
5 852
-
29 471
-
Employer
21 320
-
78 844
-
accident
422
-
786
-
other
170
-
318
-
unemployment
1 173
-
2 183
-
pensions
5 031
-
9 369
-
total
6 796
-
12 656
-
Corporate
63 384
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.

9 507
13 725
-
-
total
9 507
13 725
-
-
Dividends
53 876
77 775
-
-
withholding
11 481
16 978
-
-
total
11 481
16 978
-
-
Income
91 500
91 500
91 500
91 500
Total tax
33 636
30 703
42 127
40 331
After tax
57 864
60 797
49 373
51 169
Living cost
15 468
15 468
15 468
15 468
Free-cash
42 396
45 329
33 905
35 701

Estimated living cost  is ₴15468 per week

₴11391
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2757
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴28939
₴23077
₴20166
₴23812
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
771
income
-
-
-
16 826
pensions
-
-
-
13 714
health
-
-
-
6 428
surtax
-
-
-
4 536
communal
-
-
-
5 783
total
-
-
-
48 058
Employee
32 436
-
81 733
-
health
1 444
-
3 637
-
surtax
1 988
-
5 009
-
income
3 133
-
19 459
-
pensions
2 594
-
6 539
-
total
9 159
-
34 644
-
Employer
32 436
-
81 733
-
accident
292
-
736
-
pensions
2 594
-
6 539
-
health
989
-
2 493
-
total
3 875
-
9 768
-
Corporate
55 189
91 500
-
-
surtax
580
961
-
-
communal
3 725
6 176
-
-
income
8 278
13 725
-
-
total
12 583
20 862
-
-
Dividends
42 606
70 638
-
-
income
13 139
7 827
-
-
withholding
6 391
10 596
-
-
total
19 530
18 423
-
-
Income
91 500
91 500
91 500
91 500
Total tax
45 147
39 285
44 412
48 058
After tax
46 353
52 215
47 088
43 442
Living cost
23 276
23 276
23 276
23 276
Free-cash
23 077
28 939
23 812
20 166

Estimated living cost  is ₴23276 per week

₴17461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1410
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.
₴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 Source

Source of data for Luxembourg model

Close
Athens , Greece
₴47933
₴46572
₴33468
₴30848
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 145
pensions
-
-
-
11 433
other
-
-
-
-
unemployment
-
-
-
98
health
-
-
-
4 058
surtax
-
-
-
4 678
total
-
-
-
48 412
Employee
14 424
-
79 467
-
other
-
-
-
-
health
368
-
1 457
-
surtax
51
-
4 166
-
income
2 418
-
25 584
-
pensions
962
-
3 813
-
unemployment
1 004
-
3 979
-
total
4 803
-
38 999
-
Employer
14 424
-
79 467
-
other
-
-
-
-
unemployment
458
-
1 812
-
pensions
1 923
-
7 620
-
health
656
-
2 601
-
total
3 037
-
12 033
-
Corporate
74 039
91 500
-
-
income
19 250
23 790
-
-
total
19 250
23 790
-
-
Dividends
54 789
67 710
-
-
withholding
8 218
10 157
-
-
total
8 218
10 157
-
-
Income
91 500
91 500
91 500
91 500
Total tax
35 308
33 947
51 032
48 412
After tax
56 192
57 553
40 468
43 088
Living cost
9 620
9 620
9 620
9 620
Free-cash
46 572
47 933
30 848
33 468

Estimated living cost  is ₴9620 per week

₴5808
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴836
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴36556
₴35604
₴31966
₴28356
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
561
regional
-
-
-
1 422
national
-
-
-
24 576
social contributions
-
-
-
21 437
total
-
-
-
47 996
Employee
23 759
-
91 500
-
social contributions
8 012
-
28 104
-
regional
320
-
1 287
-
municipal
126
-
507
-
national
3 764
-
21 708
-
total
12 222
-
51 606
-
Employer
23 759
-
91 500
-
total
-
-
-
-
Corporate
67 741
91 500
-
-
nationa
16 258
21 960
-
-
municipal
3 367
4 548
-
-
total
19 625
26 508
-
-
Dividends
48 117
64 992
-
-
withholding
12 511
16 898
-
-
total
12 511
16 898
-
-
Income
91 500
91 500
91 500
91 500
Total tax
44 358
43 406
51 606
47 996
After tax
47 142
48 094
39 894
43 504
Living cost
11 538
11 538
11 538
11 538
Free-cash
35 604
36 556
28 356
31 966

Estimated living cost  is ₴11538 per week

₴7175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1169
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴198
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2996
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴50357
₴45847
₴41119
₴37149
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 658
health
-
-
-
12 353
solidarity contribution
-
-
-
968
social contributions
-
-
-
14 761
total
-
-
-
37 740
Employee
18 589
-
72 351
-
social contributions
1 208
-
3 286
-
health
2 510
-
9 767
-
solidarity contribution
-
-
612
-
income
2 231
-
8 895
-
total
5 949
-
22 560
-
Employer
18 589
-
72 351
-
social contributions
4 647
-
12 638
-
health
1 673
-
6 512
-
total
6 320
-
19 150
-
Corporate
66 590
91 500
-
-
income
12 652
17 385
-
-
total
12 652
17 385
-
-
Dividends
53 938
74 115
-
-
withholding
8 091
11 117
-
-
total
8 091
11 117
-
-
Income
91 500
91 500
91 500
91 500
Total tax
33 012
28 502
41 710
37 740
After tax
58 488
62 998
49 790
53 760
Living cost
12 641
12 641
12 641
12 641
Free-cash
45 847
50 357
37 149
41 119

Estimated living cost  is ₴12641 per week

₴9400
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴700
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴219
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2321
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₴36854
₴36642
₴33373
₴10397
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
366
income
-
-
-
28 385
pensions
-
-
-
9 257
unemployment
-
-
-
2 627
health
-
-
-
3 827
surtax
-
-
-
-
total
-
-
-
44 462
Employee
18 723
17 069
75 259
-
other
187
171
501
-
health
724
661
1 936
-
income
1 668
1 259
23 727
-
pensions
1 917
1 748
5 124
-
unemployment
562
512
1 501
-
total
5 058
4 351
32 789
-
Employer
18 723
17 069
75 259
-
accident
243
222
650
-
other
889
810
3 360
-
chamber of commerce
75
68
301
-
unemployment
562
512
1 501
-
surtax
-
-
-
-
pensions
2 350
2 143
6 280
-
payroll
562
512
2 258
-
health
708
645
1 891
-
total
5 389
4 912
16 241
-
Corporate
67 389
69 519
73 633
-
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.

16 847
17 379
18 408
-
total
16 847
17 379
18 408
-
Dividends
50 542
52 139
-
-
withholding
13 899
14 339
-
-
total
13 899
14 339
-
-
Income
91 500
91 500
91 500
91 500
Total tax
41 193
40 981
67 438
44 462
After tax
50 307
50 519
24 062
47 038
Living cost
13 665
13 665
13 665
13 665
Free-cash
36 642
36 854
10 397
33 373

Estimated living cost  is ₴13665 per week

₴8197
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1396
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴244
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3828
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴80920
₴79794
₴84580
₴67195
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
7 506
-
91 500
-
income
1 501
-
18 300
-
total
1 501
-
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%.

83 994
91 500
-
-
total
-
-
-
-
Dividends
83 994
91 500
-
-
withholding
4 200
4 575
-
-
total
4 200
4 575
-
-
Income
91 500
91 500
91 500
91 500
Total tax
5 701
4 575
18 300
915
After tax
85 799
86 925
73 200
90 585
Living cost
6 005
6 005
6 005
6 005
Free-cash
79 794
80 920
67 195
84 580

Estimated living cost  is ₴6005 per week

₴4064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴252
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴201
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1488
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴51509
₴47928
₴31506
₴29518
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 656
pensions
-
-
-
16 710
unemployment
-
-
-
137
health
-
-
-
9 003
total
-
-
-
48 506
Employee

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

18 940
-
79 173
-
health
1 223
-
5 114
-
income
3 266
-
20 670
-
pensions
2 936
-
12 272
-
unemployment
27
-
111
-
total
7 452
-
38 167
-
Employer

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

18 940
-
79 173
-
unemployment
11
-
47
-
pensions
1 676
-
7 007
-
health
1 261
-
5 273
-
total
2 948
-
12 327
-
Corporate
69 611
91 500
-
-
income
13 226
17 385
-
-
total
13 226
17 385
-
-
Dividends
56 385
74 115
-
-
withholding
8 458
11 118
-
-
total
8 458
11 118
-
-
Income
91 500
91 500
91 500
91 500
Total tax
32 084
28 503
50 494
48 506
After tax
59 416
62 997
41 006
42 994
Living cost
11 488
11 488
11 488
11 488
Free-cash
47 928
51 509
29 518
31 506

Estimated living cost  is ₴11488 per week

₴7884
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴736
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2646
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴37173
₴16782
₴44738
₴67365
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
26 521
-
-
-
social contributions
2 175
-
310
-
income
5 850
-
-
-
total
8 025
-
310
-
Employer
26 521
-
-
-
social contributions
37 394
-
5 329
-
total
37 394
-
5 329
-
Corporate
27 585
91 500
-
-
income
6 069
20 130
-
-
total
6 069
20 130
-
-
Dividends
21 516
71 370
-
-
income
4 734
15 701
-
-
total
4 734
15 701
-
-
Income
91 500
91 500
91 500
91 500
Total tax
56 222
35 831
5 639
28 266
After tax
35 278
55 669
85 861
63 234
Living cost
18 496
18 496
18 496
18 496
Free-cash
16 782
37 173
67 365
44 738

Estimated living cost  is ₴18496 per week

₴12001
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴236
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4520
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴38610
₴38180
₴34537
₴27571
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 732
surtax
-
-
-
-
social contributions

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

-
-
-
31 796
total
-
-
-
43 528
Employee
19 699
-
73 939
-
social contributions
2 167
-
8 134
-
surtax
-
-
20
-
income
4 097
-
24 779
-
total
6 264
-
32 933
-
Employer
19 699
-
73 939
-
social contributions
4 678
-
17 561
-
total
4 678
-
17 561
-
Corporate
67 122
91 500
-
-
surtax
-
-
-
-
income
14 096
19 215
-
-
total
14 096
19 215
-
-
Dividends
53 027
72 285
-
-
withholding
14 847
20 240
-
-
total
14 847
20 240
-
-
Income
91 500
91 500
91 500
91 500
Total tax
39 885
39 455
50 494
43 528
After tax
51 615
52 045
41 006
47 972
Living cost
13 435
13 435
13 435
13 435
Free-cash
38 180
38 610
27 571
34 537

Estimated living cost  is ₴13435 per week

₴10052
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2366
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴25429
₴28373
₴29804
₴27431
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 410
pensions
-
-
-
14 785
other
-
-
-
2 837
health
-
-
-
4 370
surtax
-
-
-
-
social contributions
-
-
-
2 607
total
-
-
-
41 009
Employee
26 826
-
70 005
-
social contributions
764
-
1 995
-
surtax
-
-
-
-
income
2 341
-
14 688
-
pensions
3 034
-
5 204
-
total
6 139
-
21 887
-
Employer
26 826
-
70 005
-
other
926
-
2 874
-
social contributions
80
-
210
-
unemployment
1 087
-
2 835
-
pensions
4 408
-
8 701
-
health
1 878
-
6 875
-
total
8 379
-
21 495
-
Corporate
56 296
91 500
-
-
surtax
-
-
-
-
income
15 763
25 620
-
-
total
15 763
25 620
-
-
Dividends
40 533
65 880
-
-
surtax
-
-
-
-
social contributions
6 971
11 331
-
-
withholding
5 188
8 433
-
-
total
12 159
19 764
-
-
Income
91 500
91 500
91 500
91 500
Total tax
42 440
45 384
43 382
41 009
After tax
49 060
46 116
48 118
50 491
Living cost
20 687
20 687
20 687
20 687
Free-cash
28 373
25 429
27 431
29 804

Estimated living cost  is ₴20687 per week

₴14001
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1692
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.
₴4710
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₴69475
₴68036
₴53959
₴56390
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 536
social contributions
-
-
-
20 130
total
-
-
-
24 666
Employee
13 770
-
79 220
-
income
-
-
4 806
-
social contributions
895
-
5 149
-
total
895
-
9 955
-
Employer
13 770
-
79 220
-
social contributions
2 134
-
12 280
-
total
2 134
-
12 280
-
Corporate
75 596
91 500
-
-
income
7 560
9 150
-
-
total
7 560
9 150
-
-
Dividends
68 036
82 350
-
-
total
-
-
-
-
Income
91 500
91 500
91 500
91 500
Total tax
10 589
9 150
22 235
24 666
After tax
80 911
82 350
69 265
66 834
Living cost
12 875
12 875
12 875
12 875
Free-cash
68 036
69 475
56 390
53 959

Estimated living cost  is ₴12875 per week

₴8325
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴970
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.
₴3337
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴1861
-₴1861
₴32402
-₴1861
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
19 536
pensions
-
-
-
371
national
-
-
-
11 264
labour market
-
-
-
7 290
total
-
-
-
38 461
Employee
87 102
87 102
87 102
-
labour market
6 958
6 958
6 958
-
national
10 641
10 641
10 641
-
municipal
18 548
18 548
18 548
-
pensions
124
124
124
-
total
36 271
36 271
36 271
-
Employer
87 102
87 102
87 102
-
labour market
6 968
6 968
6 968
-
municipal
18 577
18 577
18 577
-
pensions
248
248
248
-
national
10 660
10 660
10 660
-
total
36 453
36 453
36 453
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
91 500
91 500
91 500
91 500
Total tax
72 724
72 724
72 724
38 461
After tax
18 776
18 776
18 776
53 039
Living cost
20 637
20 637
20 637
20 637
Free-cash
-1 861
-1 861
-1 861
32 402

Estimated living cost  is ₴20637 per week

₴14124
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴317
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴4370
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
-₴1816
₴5996
₴53263
₴41052
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
108
income
-
-
-
26 044
pensions
-
-
-
1 771
other
-
-
-
158
health
-
-
-
928
total
-
-
-
29 009
Employee
14 517
-
83 374
-
health
1 662
-
9 547
-
income
1 992
-
20 299
-
pensions
1 635
-
3 248
-
total
5 289
-
33 094
-
Employer
14 517
-
83 374
-
accident
242
-
1 392
-
unemployment
356
-
2 043
-
pensions
2 360
-
4 691
-
total
2 958
-
8 126
-
Corporate
74 025
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.

66 622
82 350
-
-
total
66 622
82 350
-
-
Dividends
7 403
9 150
-
-
withholding
1 407
1 738
-
-
total
1 407
1 738
-
-
Income
91 500
91 500
91 500
91 500
Total tax
76 276
84 088
41 220
29 009
After tax
15 224
7 412
50 280
62 491
Living cost
9 228
9 228
9 228
9 228
Free-cash
5 996
-1 816
41 052
53 263

Estimated living cost  is ₴9228 per week

₴6717
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴526
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.
₴1812
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴39895
₴41218
₴40239
₴29759
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
16 249
health
-
-
-
1 231
national
-
-
-
17 337
total
-
-
-
34 817
Employee
22 534
-
76 974
-
health
168
-
1 006
-
municipal
3 691
-
12 531
-
pensions
1 521
-
5 195
-
unemployment
338
-
1 155
-
national
372
-
10 884
-
total
6 090
-
30 771
-
Employer
22 534
-
76 974
-
accident
23
-
77
-
unemployment
146
-
501
-
pensions
3 910
-
13 355
-
health
173
-
593
-
total
4 252
-
14 526
-
Corporate
64 714
91 500
-
-
income
12 943
18 300
-
-
total
12 943
18 300
-
-
Dividends

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

38 828
54 900
-
-
national
3 564
6 979
-
-
municipal
6 989
9 882
-
-
total
10 553
16 861
-
-
Income
91 500
91 500
91 500
91 500
Total tax
33 838
35 161
45 297
34 817
After tax
57 662
56 339
46 203
56 683
Living cost
16 444
16 444
16 444
16 444
Free-cash
41 218
39 895
29 759
40 239

Estimated living cost  is ₴16444 per week

₴10741
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1582
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴262
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3860
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴56782
₴54451
₴51818
₴51058
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 501
health
-
-
-
2 334
social contributions
-
-
-
6 930
total
-
-
-
29 765
Employee
32 935
32 935
86 218
-
social contributions
1 245
2 733
3 687
-
health
255
560
1 465
-
income
3 586
3 049
20 091
-
total
5 086
6 342
25 243
-
Employer
32 935
32 935
86 218
-
social contributions
1 245
2 733
3 687
-
health
277
610
1 595
-
total
1 522
3 343
5 282
-
Corporate
74 974
55 222
-
-
income
9 372
6 902
-
-
total
9 372
6 902
-
-
Dividends
65 603
48 319
-
-
withholding
11 152
8 214
-
-
total
11 152
8 214
-
-
Income
91 500
91 500
91 500
91 500
Total tax
27 132
24 801
30 525
29 765
After tax
64 368
66 699
60 975
61 735
Living cost
9 917
9 917
9 917
9 917
Free-cash
54 451
56 782
51 058
51 818

Estimated living cost  is ₴9917 per week

₴5943
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴973
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴219
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2781
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴68971
₴66791
₴70971
₴62381
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 442
pensions
-
-
-
2 725
unemployment
-
-
-
12
health
-
-
-
1 550
total
-
-
-
13 729
Employee

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

9 831
-
87 314
-
health
836
-
3 454
-
income
672
-
8 380
-
pensions
1 474
-
6 096
-
unemployment
49
-
203
-
total
3 031
-
18 133
-
Employer

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

9 831
-
87 314
-
unemployment
49
-
203
-
pensions
541
-
2 235
-
health
423
-
1 748
-
total
1 013
-
4 186
-
Corporate
80 657
91 500
-
-
income
7 259
8 235
-
-
total
7 259
8 235
-
-
Dividends
73 398
83 265
-
-
withholding
6 606
7 494
-
-
total
6 606
7 494
-
-
Income
91 500
91 500
91 500
91 500
Total tax
17 909
15 729
22 319
13 729
After tax
73 591
75 771
69 181
77 771
Living cost
6 800
6 800
6 800
6 800
Free-cash
66 791
68 971
62 381
70 971

Estimated living cost  is ₴6800 per week

₴4339
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.
₴202
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1769
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴49019
₴47129
₴39391
₴37595
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
358
income
-
-
-
28 420
pensions
-
-
-
11 235
other
-
-
-
40
unemployment
-
-
-
278
total
-
-
-
40 331
Employee
15 837
-
78 844
-
other
15
-
40
-
income
3 053
-
26 950
-
pensions
745
-
1 866
-
unemployment
245
-
615
-
total
4 058
-
29 471
-
Employer
15 837
-
78 844
-
accident
314
-
786
-
other
127
-
318
-
unemployment
871
-
2 183
-
pensions
3 737
-
9 369
-
total
5 049
-
12 656
-
Corporate
70 614
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.

10 592
13 725
-
-
total
10 592
13 725
-
-
Dividends
60 022
77 775
-
-
withholding
12 894
16 978
-
-
total
12 894
16 978
-
-
Income
91 500
91 500
91 500
91 500
Total tax
32 593
30 703
42 127
40 331
After tax
58 907
60 797
49 373
51 169
Living cost
11 778
11 778
11 778
11 778
Free-cash
47 129
49 019
37 595
39 391

Estimated living cost  is ₴11778 per week

₴7950
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1132
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴206
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2490
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴55926
₴55733
₴57618
₴57536
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 240
pensions
-
-
-
853
health
-
-
-
619
total
-
-
-
32 712
Employee
1 782
-
90 540
-
health
89
-
213
-
income
345
-
31 195
-
pensions
160
-
384
-
unemployment
18
-
43
-
total
612
-
31 835
-
Employer
1 782
-
90 540
-
unemployment
36
-
85
-
pensions
196
-
469
-
health
169
-
405
-
total
401
-
959
-
Corporate
89 317
91 500
-
-
income
19 650
20 130
-
-
total
19 650
20 130
-
-
Dividends
69 668
71 370
-
-
withholding
13 934
14 274
-
-
total
13 934
14 274
-
-
Income
91 500
91 500
91 500
91 500
Total tax
34 597
34 404
32 794
32 712
After tax
56 903
57 096
58 706
58 788
Living cost
1 170
1 170
1 170
1 170
Free-cash
55 733
55 926
57 536
57 618

Estimated living cost  is ₴1170 per week

₴695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴95
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴27
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴353
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴58701
₴56593
₴51040
₴51041
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 086
pensions
-
-
-
8 230
unemployment
-
-
-
475
health
-
-
-
3 261
total
-
-
-
33 052
Employee

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

11 170
-
85 834
-
health
575
-
1 630
-
income
1 540
-
21 086
-
pensions
1 564
-
4 432
-
unemployment
84
-
237
-
total
3 763
-
27 385
-
Employer

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

11 170
-
85 834
-
unemployment
84
-
237
-
pensions
1 340
-
3 799
-
health
575
-
1 630
-
total
1 999
-
5 666
-
Corporate
78 330
91 500
-
-
income
11 750
13 725
-
-
total
11 750
13 725
-
-
Dividends
66 581
77 775
-
-
withholding
9 987
11 666
-
-
total
9 987
11 666
-
-
Income
91 500
91 500
91 500
91 500
Total tax
27 499
25 391
33 051
33 052
After tax
64 001
66 109
58 449
58 448
Living cost
7 408
7 408
7 408
7 408
Free-cash
56 593
58 701
51 041
51 040

Estimated living cost  is ₴7408 per week

₴4988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴214
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1633
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴40498
₴40343
₴36425
₴29459
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 732
surtax
-
-
-
-
social contributions

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

-
-
-
31 796
total
-
-
-
43 528
Employee
16 624
-
73 939
-
social contributions
1 829
-
8 134
-
surtax
-
-
20
-
income
3 248
-
24 779
-
total
5 077
-
32 933
-
Employer
16 624
-
73 939
-
social contributions
3 948
-
17 561
-
total
3 948
-
17 561
-
Corporate
70 928
91 500
-
-
surtax
-
-
-
-
income
14 895
19 215
-
-
total
14 895
19 215
-
-
Dividends
56 034
72 285
-
-
withholding
15 690
20 240
-
-
total
15 690
20 240
-
-
Income
91 500
91 500
91 500
91 500
Total tax
39 610
39 455
50 494
43 528
After tax
51 890
52 045
41 006
47 972
Living cost
11 547
11 547
11 547
11 547
Free-cash
40 343
40 498
29 459
36 425

Estimated living cost  is ₴11547 per week

₴8178
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴802
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.
₴2362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴45744
₴42942
₴36116
₴34320
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
358
income
-
-
-
28 420
pensions
-
-
-
11 235
other
-
-
-
40
unemployment
-
-
-
278
total
-
-
-
40 331
Employee
20 686
-
78 844
-
other
20
-
40
-
income
4 320
-
26 950
-
pensions
972
-
1 866
-
unemployment
320
-
615
-
total
5 632
-
29 471
-
Employer
20 686
-
78 844
-
accident
410
-
786
-
other
166
-
318
-
unemployment
1 138
-
2 183
-
pensions
4 882
-
9 369
-
total
6 596
-
12 656
-
Corporate
64 219
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.

9 633
13 725
-
-
total
9 633
13 725
-
-
Dividends
54 587
77 775
-
-
withholding
11 644
16 978
-
-
total
11 644
16 978
-
-
Income
91 500
91 500
91 500
91 500
Total tax
33 505
30 703
42 127
40 331
After tax
57 995
60 797
49 373
51 169
Living cost
15 053
15 053
15 053
15 053
Free-cash
42 942
45 744
34 320
36 116

Estimated living cost  is ₴15053 per week

₴10810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1170
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴212
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴2860
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴70860
₴68249
₴66405
₴70166
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
2 216
unemployment
-
-
-
60
health
-
-
-
1 722
total
-
-
-
17 723
Employee
9 762
-
88 563
-
health
449
-
689
-
accident

We are using the highest rate at 1.1%.

107
-
165
-
income
976
-
8 856
-
pensions

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

857
-
1 314
-
total
2 389
-
11 024
-
Employer
9 762
-
88 563
-
accident

We are using the highest rate at 1.1%.

107
-
165
-
unemployment
59
-
90
-
pensions

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

1 076
-
1 650
-
health
674
-
1 033
-
total
1 916
-
2 938
-
Corporate
79 822
91 500
-
-
income
7 982
9 150
-
-
total
7 982
9 150
-
-
Dividends
71 840
82 350
-
-
withholding
3 592
4 118
-
-
total
3 592
4 118
-
-
Income
91 500
91 500
91 500
91 500
Total tax
15 879
13 268
13 962
17 723
After tax
75 621
78 232
77 538
73 777
Living cost
7 372
7 372
7 372
7 372
Free-cash
68 249
70 860
70 166
66 405

Estimated living cost  is ₴7372 per week

₴4876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴422
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴176
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1899
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴30529
₴36133
₴30048
₴40321
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
10 273
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.

-
-
-
30 064
health

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

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

-
-
-
2 926
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.

-
-
-
1 653
total
-
-
-
44 916
Employee

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

21 311
-
91 500
-
health

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

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

2 926
-
2 926
-
surtax

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

97
-
1 653
-
income

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

1 752
-
30 064
-
total
4 775
-
34 643
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
70 189
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.

579
755
-
-
income
10 528
13 725
-
-
trade
10 072
13 130
-
-
chamber of commerce
168
199
-
-
total
21 347
27 809
-
-
Dividends
48 841
63 691
-
-
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.

662
866
-
-
withholding
12 047
15 760
-
-
total
12 709
16 626
-
-
Income
91 500
91 500
91 500
91 500
Total tax
38 831
44 435
34 643
44 916
After tax
52 669
47 065
56 857
46 584
Living cost
16 536
16 536
16 536
16 536
Free-cash
36 133
30 529
40 321
30 048

Estimated living cost  is ₴16536 per week

₴11407
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1779
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴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.
₴3110
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴39651
₴40598
₴21943
₴21943
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 520
social contributions
-
-
-
15 638
total
-
-
-
45 158
Employee
33 504
-
91 500
-
income
6 322
-
29 520
-
social contributions
2 783
-
15 638
-
total
9 105
-
45 158
-
Employer
33 504
-
91 500
-
total
-
-
-
-
Corporate
57 996
91 500
-
-
income
7 249
11 438
-
-
total
7 249
11 438
-
-
Dividends
50 747
80 062
-
-
withholding
10 149
16 012
-
-
total
10 149
16 012
-
-
Income
91 500
91 500
91 500
91 500
Total tax
26 503
27 450
45 158
45 158
After tax
64 997
64 050
46 342
46 342
Living cost
24 399
24 399
24 399
24 399
Free-cash
40 598
39 651
21 943
21 943

Estimated living cost  is ₴24399 per week

₴18562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1988
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴233
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3615
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴0
I'm drinking at home rarely or never.
₴0
I do not smoke or smoke very rarely.
 Adjust living cost Show details 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
₴41664
₴43160
₴59366
₴48531
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 725
health

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

-
-
-
2 861
total
-
-
-
16 586
Employee
19 648
-
89 530
-
income
2 132
-
23 481
-
social contributions
1 969
-
1 970
-
total
4 101
-
25 451
-
Employer
19 648
-
89 530
-
social contributions
1 969
-
1 970
-
total
1 969
-
1 970
-
Corporate
69 883
91 500
-
-
income
24 459
32 025
-
-
total
24 459
32 025
-
-
Dividends
45 424
59 475
-
-
social contributions
2 263
2 263
-
-
total
2 263
2 263
-
-
Income
91 500
91 500
91 500
91 500
Total tax
32 792
34 288
27 421
16 586
After tax
58 708
57 212
64 079
74 914
Living cost
15 548
15 548
15 548
15 548
Free-cash
43 160
41 664
48 531
59 366

Estimated living cost  is ₴15548 per week

₴10241
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1226
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.
₴3842
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴42227
₴44771
₴43524
₴35333
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 828
pensions
-
-
-
4 183
total
-
-
-
32 011
Employee
21 914
-
79 783
-
health
286
-
1 095
-
income
3 991
-
22 364
-
pensions
1 673
-
5 029
-
total
5 950
-
28 488
-
Employer
21 914
-
79 783
-
pensions
2 214
-
10 199
-
health
416
-
1 515
-
total
2 630
-
11 714
-
Corporate
66 956
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.

12 722
17 385
-
-
total
12 722
17 385
-
-
Dividends
54 234
74 115
-
-
withholding
9 462
15 923
-
-
total
9 462
15 923
-
-
Income
91 500
91 500
91 500
91 500
Total tax
30 764
33 308
40 202
32 011
After tax
60 736
58 192
51 298
59 489
Living cost
15 965
15 965
15 965
15 965
Free-cash
44 771
42 227
35 333
43 524

Estimated living cost  is ₴15965 per week

₴10952
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴200
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₴2730
₴5855
₴52349
₴40138
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
108
income
-
-
-
26 044
pensions
-
-
-
1 771
other
-
-
-
158
health
-
-
-
928
total
-
-
-
29 009
Employee
15 954
-
83 374
-
health
1 827
-
9 547
-
income
2 189
-
20 299
-
pensions
1 796
-
3 248
-
total
5 812
-
33 094
-
Employer
15 954
-
83 374
-
accident
266
-
1 392
-
unemployment
391
-
2 043
-
pensions
2 594
-
4 691
-
total
3 251
-
8 126
-
Corporate
72 295
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.

65 066
82 350
-
-
total
65 066
82 350
-
-
Dividends
7 230
9 150
-
-
withholding
1 374
1 738
-
-
total
1 374
1 738
-
-
Income
91 500
91 500
91 500
91 500
Total tax
75 503
84 088
41 220
29 009
After tax
15 997
7 412
50 280
62 491
Living cost
10 142
10 142
10 142
10 142
Free-cash
5 855
-2 730
40 138
52 349

Estimated living cost  is ₴10142 per week

₴7443
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴591
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.
₴1904
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴64213
₴62917
₴51550
₴60968
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
342
health insurance
-
-
-
5 069
income
-
-
-
15 329
pensions
-
-
-
12 603
unemployment
-
-
-
822
total
-
-
-
34 165
Employee

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

9 257
-
91 500
-
work injury
46
-
171
-
income
926
-
15 329
-
pensions
1 703
-
6 302
-
health insurance
685
-
2 534
-
unemployment
111
-
411
-
total
3 471
-
24 747
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
82 243
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%.

8 224
9 150
-
-
total
8 224
9 150
-
-
Dividends
74 019
82 350
-
-
withholding
11 103
12 352
-
-
total
11 103
12 352
-
-
Income
91 500
91 500
91 500
91 500
Total tax
22 798
21 502
24 747
34 165
After tax
68 702
69 998
66 753
57 335
Living cost
5 785
5 785
5 785
5 785
Free-cash
62 917
64 213
60 968
51 550

Estimated living cost  is ₴5785 per week

₴3584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴420
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴180
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴1600
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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
₴31133
₴29186
₴25603
₴22086
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
631
regional
-
-
-
2 190
national
-
-
-
24 576
social contributions
-
-
-
21 437
total
-
-
-
48 834
Employee
36 092
-
91 500
-
social contributions
12 170
-
28 104
-
regional
545
-
1 968
-
municipal
215
-
571
-
national
6 099
-
21 708
-
total
19 029
-
52 351
-
Employer
36 092
-
91 500
-
total
-
-
-
-
Corporate
55 408
91 500
-
-
nationa
13 297
21 960
-
-
municipal
2 671
4 410
-
-
total
15 968
26 370
-
-
Dividends
39 439
65 129
-
-
withholding
10 254
16 934
-
-
total
10 254
16 934
-
-
Income
91 500
91 500
91 500
91 500
Total tax
45 251
43 304
52 351
48 834
After tax
46 249
48 196
39 149
42 666
Living cost
17 063
17 063
17 063
17 063
Free-cash
29 186
31 133
22 086
25 603

Estimated living cost  is ₴17063 per week

₴11986
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₴1174
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₴258
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₴3645
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₴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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