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
₴ 99000
per

Your estimated
City
free-cash

Dresden , Germany
₴36922
₴41657
₴35605
₴48061
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
99 000
trade
-
-
-
12 456
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.

-
-
-
33 214
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.

-
-
-
1 826
total
-
-
-
50 422
Employee

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

16 382
-
99 000
-
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
-
1 826
-
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
-
33 214
-
total
3 409
-
37 966
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
82 618
99 000
-
-
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.

682
817
-
-
income
12 393
14 850
-
-
trade
13 012
15 592
-
-
chamber of commerce
184
207
-
-
total
26 271
31 466
-
-
Dividends
56 347
67 534
-
-
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.

766
919
-
-
withholding
13 924
16 720
-
-
total
14 690
17 639
-
-
Income
99 000
99 000
99 000
99 000
Total tax
44 370
49 105
37 966
50 422
After tax
54 630
49 895
61 034
48 578
Living cost
12 973
12 973
12 973
12 973
Free-cash
41 657
36 922
48 061
35 605

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
₴40133
₴39772
₴34539
₴35071
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 000
municipal
-
-
-
11 014
pensions
-
-
-
11 880
national
-
-
-
18 860
social contributions
-
-
-
1 064
total
-
-
-
42 818
Employee
33 550
-
85 585
-
municipal
4 144
-
11 397
-
pensions
1 342
-
3 423
-
national
6 422
-
19 699
-
total
11 908
-
34 519
-
Employer
33 550
-
85 585
-
social contributions
361
-
920
-
pensions
2 684
-
6 847
-
total
3 045
-
7 767
-
Corporate
60 191
99 000
-
-
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%.

12 038
19 800
-
-
total
12 038
19 800
-
-
Dividends
48 152
79 200
-
-
withholding
10 594
17 424
-
-
total
10 594
17 424
-
-
Income
99 000
99 000
99 000
99 000
Total tax
37 585
37 224
42 286
42 818
After tax
61 415
61 776
56 714
56 182
Living cost
21 643
21 643
21 643
21 643
Free-cash
39 772
40 133
35 071
34 539

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
₴70289
₴66775
₴27276
₴34271
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
99 000
microenterprise
-
-
-
-
income
-
-
-
21 157
surtax
-
-
-
25 245
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
-
-
-
62 813
Employee
12 516
-
78 111
-
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
-
-
11 326
-
income
2 228
-
17 988
-
total
3 605
-
34 929
-
Employer
12 516
-
78 111
-
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
-
-
8 592
-
total
3 015
-
20 889
-
Corporate
83 470
99 000
-
-
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%.

16 694
19 800
-
-
total
16 694
19 800
-
-
Dividends

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

66 776
79 200
-
-
total
-
-
-
-
Income
99 000
99 000
99 000
99 000
Total tax
23 314
19 800
55 818
62 813
After tax
75 686
79 200
43 182
36 187
Living cost
8 911
8 911
8 911
8 911
Free-cash
66 775
70 289
34 271
27 276

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
₴31423
₴28799
₴35074
₴45368
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 000
income
-
-
-
35 683
pensions
-
-
-
5 018
health
-
-
-
5 282
total
-
-
-
45 983
Employee
36 577
36 577
91 040
-
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
17 430
-
pensions
6 584
5 018
5 018
-
total
18 185
15 780
27 730
-
Employer
36 577
36 577
91 040
-
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
56 467
56 018
-
-
income
11 293
11 204
-
-
total
11 293
11 204
-
-
Dividends
45 174
44 815
-
-
income
9 599
9 523
-
-
withholding
6 776
6 722
-
-
total
16 375
16 245
-
-
Income
99 000
99 000
99 000
99 000
Total tax
52 258
49 634
35 689
45 983
After tax
46 742
49 366
63 311
53 017
Living cost
17 943
17 943
17 943
17 943
Free-cash
28 799
31 423
45 368
35 074

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
₴37505
₴37134
₴32685
₴32283
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 000
municipal
-
-
-
26 389
accident
-
-
-
73
pensions
-
-
-
3 921
other
-
-
-
4 215
unemployment
-
-
-
36
health
-
-
-
2 263
national
-
-
-
12 869
total
-
-
-
49 766
Employee
23 581
-
87 604
-
municipal
7 032
-
26 124
-
national
-
-
12 647
-
total
7 032
-
38 771
-
Employer
23 581
-
87 604
-
accident
47
-
73
-
other
2 740
-
4 215
-
unemployment
623
-
957
-
pensions
2 549
-
3 921
-
health
1 450
-
2 231
-
total
7 409
-
11 397
-
Corporate
68 010
99 000
-
-
income
14 962
21 780
-
-
total
14 962
21 780
-
-
Dividends
53 048
77 220
-
-
withholding
15 914
23 166
-
-
total
15 914
23 166
-
-
Income
99 000
99 000
99 000
99 000
Total tax
45 317
44 946
50 168
49 766
After tax
53 683
54 054
48 832
49 234
Living cost
16 549
16 549
16 549
16 549
Free-cash
37 134
37 505
32 283
32 685

Estimated living cost  is ₴16549 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
₴32557
₴38578
₴31198
₴44208
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
99 000
trade
-
-
-
13 010
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.

-
-
-
33 214
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.

-
-
-
1 826
total
-
-
-
50 976
Employee

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

21 721
-
99 000
-
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
-
1 826
-
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
-
33 214
-
total
4 894
-
37 966
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
77 279
99 000
-
-
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.

637
817
-
-
income
11 592
14 850
-
-
trade
12 712
16 286
-
-
chamber of commerce
175
206
-
-
total
25 116
32 159
-
-
Dividends
52 163
66 842
-
-
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.

708
910
-
-
withholding
12 878
16 548
-
-
total
13 586
17 458
-
-
Income
99 000
99 000
99 000
99 000
Total tax
43 596
49 617
37 966
50 976
After tax
55 404
49 383
61 034
48 024
Living cost
16 826
16 826
16 826
16 826
Free-cash
38 578
32 557
44 208
31 198

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
₴58254
₴56477
₴52594
₴51788
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 000
income
-
-
-
23 059
health
-
-
-
2 525
social contributions
-
-
-
6 930
total
-
-
-
32 514
Employee
32 936
32 936
93 582
-
social contributions
1 600
2 733
3 687
-
health
328
560
1 591
-
income
3 459
3 049
22 624
-
total
5 387
6 342
27 902
-
Employer
32 936
32 936
93 582
-
social contributions
1 600
2 733
3 687
-
health
357
610
1 731
-
total
1 957
3 343
5 418
-
Corporate
77 764
62 721
-
-
income
9 720
7 840
-
-
total
9 720
7 840
-
-
Dividends
68 043
54 881
-
-
withholding
11 567
9 329
-
-
total
11 567
9 329
-
-
Income
99 000
99 000
99 000
99 000
Total tax
28 631
26 854
33 320
32 514
After tax
70 369
72 146
65 680
66 486
Living cost
13 892
13 892
13 892
13 892
Free-cash
56 477
58 254
51 788
52 594

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
₴47782
₴47944
₴60800
₴49608
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 000
income
-
-
-
12 103
pensions
-
-
-
9 900
unemployment
-
-
-
1 485
health
-
-
-
6 930
total
-
-
-
30 418
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
82 845
-
health
786
313
5 799
-
income
1 373
547
10 128
-
pensions
1 123
447
8 285
-
unemployment
169
67
1 243
-
total
3 451
1 374
25 455
-
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
82 845
-
pensions
2 191
872
16 155
-
total
2 191
872
16 155
-
Corporate
85 576
93 657
-
-
income
7 702
8 429
-
-
total
7 702
8 429
-
-
Dividends
77 874
85 228
-
-
social contributions
15 134
16 568
-
-
withholding
14 796
16 193
-
-
total
29 930
32 761
-
-
Income
99 000
99 000
99 000
99 000
Total tax
43 274
43 436
41 610
30 418
After tax
55 726
55 564
57 390
68 582
Living cost
7 782
7 782
7 782
7 782
Free-cash
47 944
47 782
49 608
60 800

Estimated living cost  is ₴7782 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
₴68855
₴66195
₴42719
₴46716
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 000
income
-
-
-
13 266
pensions
-
-
-
19 800
health
-
-
-
12 870
total
-
-
-
45 936
Employee
12 151
-
73 991
-
income
1 368
-
14 266
-
pensions
243
-
1 480
-
unemployment
194
-
1 184
-
total
1 805
-
16 930
-
Employer
12 151
-
73 991
-
unemployment
98
-
592
-
pensions
2 430
-
14 798
-
health
1 579
-
9 619
-
total
4 107
-
25 009
-
Corporate
82 742
99 000
-
-
income
16 548
19 800
-
-
total
16 548
19 800
-
-
Dividends
66 194
79 200
-
-
total
-
-
-
-
Income
99 000
99 000
99 000
99 000
Total tax
22 460
19 800
41 939
45 936
After tax
76 540
79 200
57 061
53 064
Living cost
10 345
10 345
10 345
10 345
Free-cash
66 195
68 855
46 716
42 719

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
-₴1349
₴6582
₴58221
₴45250
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 000
accident
-
-
-
108
income
-
-
-
28 444
pensions
-
-
-
1 772
other
-
-
-
158
health
-
-
-
929
total
-
-
-
31 411
Employee
14 736
-
90 577
-
health
1 687
-
10 371
-
income
2 022
-
22 339
-
pensions
1 659
-
3 249
-
total
5 368
-
35 959
-
Employer
14 736
-
90 577
-
accident
246
-
1 513
-
unemployment
361
-
2 219
-
pensions
2 396
-
4 691
-
total
3 003
-
8 423
-
Corporate
81 261
99 000
-
-
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.

73 135
89 100
-
-
total
73 135
89 100
-
-
Dividends
8 126
9 900
-
-
withholding
1 544
1 881
-
-
total
1 544
1 881
-
-
Income
99 000
99 000
99 000
99 000
Total tax
83 050
90 981
44 382
31 411
After tax
15 950
8 019
54 618
67 589
Living cost
9 368
9 368
9 368
9 368
Free-cash
6 582
-1 349
45 250
58 221

Estimated living cost  is ₴9368 per week

₴6866
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.
₴196
Clothing and shoes. We estimate one pair of shoes and 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

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
₴90196
₴89474
₴94156
₴75346
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
99 000
microenterprise

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

-
-
-
990
total
-
-
-
990
Employee
4 817
-
99 000
-
income
963
-
19 800
-
total
963
-
19 800
-
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%.

94 183
99 000
-
-
total
-
-
-
-
Dividends
94 183
99 000
-
-
withholding
4 709
4 950
-
-
total
4 709
4 950
-
-
Income
99 000
99 000
99 000
99 000
Total tax
5 672
4 950
19 800
990
After tax
93 328
94 050
79 200
98 010
Living cost
3 854
3 854
3 854
3 854
Free-cash
89 474
90 196
75 346
94 156

Estimated living cost  is ₴3854 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
₴61323
₴58431
₴48455
₴47645
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 000
income
-
-
-
17 540
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
-
-
-
39 132
Employee
15 552
-
82 449
-
health
218
-
912
-
income
2 677
-
17 269
-
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
-
23 391
-
Employer
15 552
-
82 449
-
accident
124
-
659
-
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
-
16 551
-
Corporate
79 529
99 000
-
-
income
16 701
20 790
-
-
total
16 701
20 790
-
-
Dividends
62 828
78 210
-
-
withholding
4 398
5 474
-
-
total
4 398
5 474
-
-
Income
99 000
99 000
99 000
99 000
Total tax
29 156
26 264
39 942
39 132
After tax
69 844
72 736
59 058
59 868
Living cost
11 413
11 413
11 413
11 413
Free-cash
58 431
61 323
47 645
48 455

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
₴33548
₴37010
₴35155
₴26324
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 000
income
-
-
-
30 768
pensions
-
-
-
4 333
total
-
-
-
35 101
Employee
40 669
-
86 266
-
health
670
-
1 161
-
income
7 331
-
24 879
-
pensions
3 923
-
5 159
-
total
11 924
-
31 199
-
Employer
40 669
-
86 266
-
pensions
4 802
-
11 094
-
health
772
-
1 639
-
total
5 574
-
12 733
-
Corporate
52 757
99 000
-
-
income

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

10 024
18 810
-
-
total
10 024
18 810
-
-
Dividends
42 733
80 190
-
-
withholding
5 724
17 898
-
-
total
5 724
17 898
-
-
Income
99 000
99 000
99 000
99 000
Total tax
33 246
36 708
43 932
35 101
After tax
65 754
62 292
55 068
63 899
Living cost
28 744
28 744
28 744
28 744
Free-cash
37 010
33 548
26 324
35 155

Estimated living cost  is ₴28744 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
₴79026
₴77036
₴74533
₴78669
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 000
income
-
-
-
14 850
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
-
-
-
18 848
Employee
7 440
-
96 063
-
health
342
-
689
-
accident

We are using the highest rate at 1.1%.

82
-
165
-
income
744
-
9 606
-
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
-
11 774
-
Employer
7 440
-
96 063
-
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
90 100
99 000
-
-
income
9 010
9 900
-
-
total
9 010
9 900
-
-
Dividends
81 090
89 100
-
-
withholding
4 054
4 455
-
-
total
4 054
4 455
-
-
Income
99 000
99 000
99 000
99 000
Total tax
16 345
14 355
14 712
18 848
After tax
82 655
84 645
84 288
80 152
Living cost
5 619
5 619
5 619
5 619
Free-cash
77 036
79 026
78 669
74 533

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
₴25615
₴26692
₴29266
₴39560
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 000
income
-
-
-
35 683
pensions
-
-
-
5 018
health
-
-
-
5 282
total
-
-
-
45 983
Employee
39 710
36 577
91 040
-
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
17 430
-
pensions
5 018
5 018
5 018
-
total
15 959
15 780
27 730
-
Employer
39 710
36 577
91 040
-
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
52 337
56 018
-
-
income
10 467
11 204
-
-
total
10 467
11 204
-
-
Dividends
41 869
44 815
-
-
income
8 897
9 523
-
-
withholding
6 281
6 722
-
-
total
15 178
16 245
-
-
Income
99 000
99 000
99 000
99 000
Total tax
48 557
49 634
35 689
45 983
After tax
50 443
49 366
63 311
53 017
Living cost
23 751
23 751
23 751
23 751
Free-cash
26 692
25 615
39 560
29 266

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
₴57902
₴54242
₴48561
₴44173
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 000
income
-
-
-
10 631
health
-
-
-
13 365
solidarity contribution
-
-
-
1 422
social contributions
-
-
-
14 762
total
-
-
-
40 180
Employee
15 086
-
79 231
-
social contributions
981
-
3 286
-
health
2 037
-
10 696
-
solidarity contribution
-
-
1 029
-
income
1 810
-
9 787
-
total
4 828
-
24 798
-
Employer
15 086
-
79 231
-
social contributions
3 772
-
12 639
-
health
1 358
-
7 131
-
total
5 130
-
19 770
-
Corporate
78 784
99 000
-
-
income
14 969
18 810
-
-
total
14 969
18 810
-
-
Dividends
63 815
80 190
-
-
withholding
9 572
12 029
-
-
total
9 572
12 029
-
-
Income
99 000
99 000
99 000
99 000
Total tax
34 499
30 839
44 568
40 180
After tax
64 501
68 161
54 432
58 820
Living cost
10 259
10 259
10 259
10 259
Free-cash
54 242
57 902
44 173
48 561

Estimated living cost  is ₴10259 per week

₴7126
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
₴34748
₴32511
₴29805
₴26172
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 000
municipal
-
-
-
620
regional
-
-
-
1 264
national
-
-
-
27 801
social contributions
-
-
-
21 437
total
-
-
-
51 122
Employee
38 066
-
99 000
-
social contributions
12 836
-
28 105
-
regional
359
-
1 149
-
municipal
202
-
567
-
national
6 596
-
24 934
-
total
19 993
-
54 755
-
Employer
38 066
-
99 000
-
total
-
-
-
-
Corporate
60 934
99 000
-
-
nationa
14 624
23 760
-
-
municipal
2 377
3 861
-
-
total
17 001
27 621
-
-
Dividends
43 933
71 379
-
-
withholding
11 422
18 558
-
-
total
11 422
18 558
-
-
Income
99 000
99 000
99 000
99 000
Total tax
48 416
46 179
54 755
51 122
After tax
50 584
52 821
44 245
47 878
Living cost
18 073
18 073
18 073
18 073
Free-cash
32 511
34 748
26 172
29 805

Estimated living cost  is ₴18073 per week

₴12599
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
₴52819
₴51486
₴37085
₴34467
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 000
income
-
-
-
31 520
pensions
-
-
-
11 433
other
-
-
-
-
unemployment
-
-
-
98
health
-
-
-
4 058
surtax
-
-
-
5 354
total
-
-
-
52 463
Employee
14 164
-
86 967
-
other
-
-
-
-
health
362
-
1 457
-
surtax
46
-
4 841
-
income
2 374
-
28 958
-
pensions
944
-
3 813
-
unemployment
986
-
3 979
-
total
4 712
-
43 048
-
Employer
14 164
-
86 967
-
other
-
-
-
-
unemployment
449
-
1 812
-
pensions
1 888
-
7 620
-
health
645
-
2 601
-
total
2 982
-
12 033
-
Corporate
81 854
99 000
-
-
income
21 282
25 740
-
-
total
21 282
25 740
-
-
Dividends
60 573
73 260
-
-
withholding
9 086
10 989
-
-
total
9 086
10 989
-
-
Income
99 000
99 000
99 000
99 000
Total tax
38 062
36 729
55 081
52 463
After tax
60 938
62 271
43 919
46 537
Living cost
9 452
9 452
9 452
9 452
Free-cash
51 486
52 819
34 467
37 085

Estimated living cost  is ₴9452 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
₴42655
₴45495
₴44262
₴35431
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 000
income
-
-
-
30 768
pensions
-
-
-
4 333
total
-
-
-
35 101
Employee
27 255
-
86 266
-
health
396
-
1 161
-
income
4 909
-
24 879
-
pensions
2 313
-
5 159
-
total
7 618
-
31 199
-
Employer
27 255
-
86 266
-
pensions
2 950
-
11 094
-
health
518
-
1 639
-
total
3 468
-
12 733
-
Corporate
68 277
99 000
-
-
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.

12 972
18 810
-
-
total
12 972
18 810
-
-
Dividends
55 304
80 190
-
-
withholding
9 810
17 898
-
-
total
9 810
17 898
-
-
Income
99 000
99 000
99 000
99 000
Total tax
33 868
36 708
43 932
35 101
After tax
65 132
62 292
55 068
63 899
Living cost
19 637
19 637
19 637
19 637
Free-cash
45 495
42 655
35 431
44 262

Estimated living cost  is ₴19637 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
₴12898
₴26747
₴45906
₴42494
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 000
city
-
-
-
1 043
pensions
-
-
-
9 108
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.

-
-
-
1 980
regional
-
-
-
5 644
health
-
-
-
223
national
-
-
-
2 724
total
-
-
-
20 722
Employee
37 884
-
89 202
-
city
407
-
966
-
regional
1 241
-
5 058
-
health
86
-
200
-
pensions
3 183
-
6 833
-
unemployment
-
-
-
-
national
179
-
2 260
-
total
5 096
-
15 317
-
Employer
37 884
-
89 202
-
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
-
1 784
-
unemployment
-
-
-
-
pensions
3 183
-
6 833
-
health
86
-
200
-
total
4 026
-
8 817
-
Corporate
56 674
99 000
-
-
regional
11 987
20 939
-
-
national
4 817
8 415
-
-
total
16 804
29 354
-
-
Dividends
39 870
69 646
-
-
withholding
13 955
24 376
-
-
total
13 955
24 376
-
-
Income
99 000
99 000
99 000
99 000
Total tax
39 881
53 730
24 134
20 722
After tax
59 119
45 270
74 866
78 278
Living cost
32 372
32 372
32 372
32 372
Free-cash
26 747
12 898
42 494
45 906

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
₴29253
₴36199
₴27850
₴41413
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
99 000
trade
-
-
-
13 563
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.

-
-
-
33 214
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.

-
-
-
1 826
total
-
-
-
51 529
Employee

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

25 741
-
99 000
-
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
-
1 826
-
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
-
33 214
-
total
6 120
-
37 966
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
73 259
99 000
-
-
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.

605
817
-
-
income
10 989
14 850
-
-
trade
12 564
16 979
-
-
chamber of commerce
168
204
-
-
total
24 326
32 850
-
-
Dividends
48 933
66 150
-
-
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.

664
901
-
-
withholding
12 070
16 375
-
-
total
12 734
17 276
-
-
Income
99 000
99 000
99 000
99 000
Total tax
43 180
50 126
37 966
51 529
After tax
55 820
48 874
61 034
47 471
Living cost
19 621
19 621
19 621
19 621
Free-cash
36 199
29 253
41 413
27 850

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
₴35242
₴37773
₴39292
₴36224
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 000
income
-
-
-
18 836
pensions
-
-
-
15 408
other
-
-
-
3 069
health
-
-
-
4 921
surtax
-
-
-
-
social contributions
-
-
-
2 820
total
-
-
-
45 054
Employee
18 331
-
75 398
-
social contributions
523
-
2 148
-
surtax
-
-
-
-
income
1 082
-
16 624
-
pensions
2 073
-
5 749
-
total
3 678
-
24 521
-
Employer
18 331
-
75 398
-
other
632
-
3 157
-
social contributions
55
-
226
-
unemployment
742
-
3 054
-
pensions
3 011
-
9 588
-
health
1 283
-
7 576
-
total
5 723
-
23 601
-
Corporate
74 944
99 000
-
-
surtax
-
-
-
-
income
20 984
27 720
-
-
total
20 984
27 720
-
-
Dividends
53 960
71 280
-
-
surtax
-
-
-
-
social contributions
9 282
12 260
-
-
withholding
6 906
9 124
-
-
total
16 188
21 384
-
-
Income
99 000
99 000
99 000
99 000
Total tax
46 573
49 104
48 122
45 054
After tax
52 427
49 896
50 878
53 946
Living cost
14 654
14 654
14 654
14 654
Free-cash
37 773
35 242
36 224
39 292

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
₴36694
₴39072
₴40744
₴37676
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 000
income
-
-
-
18 836
pensions
-
-
-
15 408
other
-
-
-
3 069
health
-
-
-
4 921
surtax
-
-
-
-
social contributions
-
-
-
2 820
total
-
-
-
45 054
Employee
16 363
-
75 398
-
social contributions
467
-
2 148
-
surtax
-
-
-
-
income
844
-
16 624
-
pensions
1 851
-
5 749
-
total
3 162
-
24 521
-
Employer
16 363
-
75 398
-
other
565
-
3 157
-
social contributions
49
-
226
-
unemployment
662
-
3 054
-
pensions
2 689
-
9 588
-
health
1 145
-
7 576
-
total
5 110
-
23 601
-
Corporate
77 527
99 000
-
-
surtax
-
-
-
-
income
21 708
27 720
-
-
total
21 708
27 720
-
-
Dividends
55 819
71 280
-
-
surtax
-
-
-
-
social contributions
9 601
12 260
-
-
withholding
7 145
9 124
-
-
total
16 746
21 384
-
-
Income
99 000
99 000
99 000
99 000
Total tax
46 726
49 104
48 122
45 054
After tax
52 274
49 896
50 878
53 946
Living cost
13 202
13 202
13 202
13 202
Free-cash
39 072
36 694
37 676
40 744

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
₴51317
₴51539
₴54495
₴51761
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 000
income
-
-
-
14 850
health
-
-
-
6 911
social contributions
-
-
-
13 662
total
-
-
-
35 423
Employee
14 522
-
99 000
-
social contributions
2 004
-
13 662
-
health
1 014
-
6 911
-
income
2 422
-
17 584
-
total
5 440
-
38 157
-
Employer
14 522
-
99 000
-
total
-
-
-
-
Corporate
84 478
99 000
-
-
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%.

4 224
4 950
-
-
total
4 224
4 950
-
-
Dividends
80 253
94 050
-
-
health
5 602
6 565
-
-
social contributions
11 075
12 979
-
-
withholding
12 038
14 107
-
-
total
28 715
33 651
-
-
Income
99 000
99 000
99 000
99 000
Total tax
38 379
38 601
38 157
35 423
After tax
60 621
60 399
60 843
63 577
Living cost
9 082
9 082
9 082
9 082
Free-cash
51 539
51 317
51 761
54 495

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
₴39458
₴38797
₴35580
₴10835
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 000
chamber of commerce
-
-
-
396
income
-
-
-
32 135
pensions
-
-
-
9 257
unemployment
-
-
-
2 627
health
-
-
-
3 828
surtax
-
-
-
85
total
-
-
-
48 328
Employee
21 405
17 069
82 169
-
other
214
171
501
-
health
828
661
1 936
-
income
2 437
1 259
27 045
-
pensions
2 192
1 748
5 124
-
unemployment
642
512
1 501
-
total
6 313
4 351
36 107
-
Employer
21 405
17 069
82 169
-
accident
278
222
650
-
other
1 017
810
3 630
-
chamber of commerce
85
68
328
-
unemployment
642
512
1 501
-
surtax
85
85
85
-
pensions
2 686
2 143
6 280
-
payroll
642
512
2 465
-
health
809
645
1 891
-
total
6 244
4 997
16 830
-
Corporate
71 351
76 934
80 543
-
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.

17 838
19 234
20 136
-
total
17 838
19 234
20 136
-
Dividends
53 513
57 700
-
-
withholding
14 716
15 868
-
-
total
14 716
15 868
-
-
Income
99 000
99 000
99 000
99 000
Total tax
45 111
44 450
73 073
48 328
After tax
53 889
54 550
25 927
50 672
Living cost
15 092
15 092
15 092
15 092
Free-cash
38 797
39 458
10 835
35 580

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
₴38563
₴33278
₴27454
₴17925
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 000
national
-
-
-
39 950
communal

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

-
-
-
5 300
social contributions
-
-
-
10 679
total
-
-
-
55 929
Employee

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

30 638
-
76 679
-
communal

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

1 598
-
3 999
-
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
-
3 604
-
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
-
5 751
-
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
-
667
-
national
9 419
-
29 117
-
total
15 021
-
43 138
-
Employer

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

30 638
-
76 679
-
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
-
997
-
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
-
1 119
-
surtax
3 474
-
8 695
-
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
-
6 793
-
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
-
4 716
-
total
8 918
-
22 320
-
Corporate
59 444
99 000
-
-
surtax
238
428
-
-
income
11 889
21 395
-
-
total
12 127
21 823
-
-
Dividends
47 317
77 178
-
-
withholding

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

14 039
22 997
-
-
total
14 039
22 997
-
-
Income
99 000
99 000
99 000
99 000
Total tax
50 105
44 820
65 458
55 929
After tax
48 895
54 180
33 542
43 071
Living cost
15 617
15 617
15 617
15 617
Free-cash
33 278
38 563
17 925
27 454

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
₴50238
₴47304
₴39826
₴38030
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 000
accident
-
-
-
358
income
-
-
-
31 795
pensions
-
-
-
11 235
other
-
-
-
40
unemployment
-
-
-
278
total
-
-
-
43 706
Employee
21 321
-
86 344
-
other
21
-
40
-
income
4 499
-
30 325
-
pensions
1 002
-
1 866
-
unemployment
331
-
615
-
total
5 853
-
32 846
-
Employer
21 321
-
86 344
-
accident
422
-
786
-
other
170
-
318
-
unemployment
1 173
-
2 183
-
pensions
5 031
-
9 369
-
total
6 796
-
12 656
-
Corporate
70 883
99 000
-
-
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.

10 632
14 850
-
-
total
10 632
14 850
-
-
Dividends
60 251
84 150
-
-
withholding
12 947
18 444
-
-
total
12 947
18 444
-
-
Income
99 000
99 000
99 000
99 000
Total tax
36 228
33 294
45 502
43 706
After tax
62 772
65 706
53 498
55 294
Living cost
15 468
15 468
15 468
15 468
Free-cash
47 304
50 238
38 030
39 826

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
₴32556
₴26666
₴23031
₴26978
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 000
accident
-
-
-
835
income
-
-
-
18 897
pensions
-
-
-
14 839
health
-
-
-
6 956
surtax
-
-
-
4 908
communal
-
-
-
6 257
total
-
-
-
52 692
Employee
32 436
-
88 433
-
health
1 444
-
3 935
-
surtax
1 988
-
5 420
-
income
3 133
-
21 747
-
pensions
2 594
-
7 075
-
total
9 159
-
38 177
-
Employer
32 436
-
88 433
-
accident
292
-
796
-
pensions
2 594
-
7 075
-
health
989
-
2 697
-
total
3 875
-
10 568
-
Corporate
62 688
99 000
-
-
surtax
658
1 040
-
-
communal
4 232
6 682
-
-
income
9 403
14 850
-
-
total
14 293
22 572
-
-
Dividends
48 395
76 428
-
-
income
14 471
9 131
-
-
withholding
7 259
11 464
-
-
total
21 730
20 595
-
-
Income
99 000
99 000
99 000
99 000
Total tax
49 057
43 167
48 745
52 692
After tax
49 943
55 833
50 255
46 308
Living cost
23 277
23 277
23 277
23 277
Free-cash
26 666
32 556
26 978
23 031

Estimated living cost  is ₴23277 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
₴52651
₴51289
₴36917
₴34299
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 000
income
-
-
-
31 520
pensions
-
-
-
11 433
other
-
-
-
-
unemployment
-
-
-
98
health
-
-
-
4 058
surtax
-
-
-
5 354
total
-
-
-
52 463
Employee
14 424
-
86 967
-
other
-
-
-
-
health
368
-
1 457
-
surtax
51
-
4 841
-
income
2 418
-
28 958
-
pensions
962
-
3 813
-
unemployment
1 004
-
3 979
-
total
4 803
-
43 048
-
Employer
14 424
-
86 967
-
other
-
-
-
-
unemployment
458
-
1 812
-
pensions
1 923
-
7 620
-
health
656
-
2 601
-
total
3 037
-
12 033
-
Corporate
81 539
99 000
-
-
income
21 200
25 740
-
-
total
21 200
25 740
-
-
Dividends
60 339
73 260
-
-
withholding
9 051
10 989
-
-
total
9 051
10 989
-
-
Income
99 000
99 000
99 000
99 000
Total tax
38 091
36 729
55 081
52 463
After tax
60 909
62 271
43 919
46 537
Living cost
9 620
9 620
9 620
9 620
Free-cash
51 289
52 651
34 299
36 917

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
₴40499
₴39548
₴36029
₴32417
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 000
municipal
-
-
-
620
regional
-
-
-
1 575
national
-
-
-
27 801
social contributions
-
-
-
21 437
total
-
-
-
51 433
Employee
23 759
-
99 000
-
social contributions
8 012
-
28 105
-
regional
320
-
1 439
-
municipal
126
-
567
-
national
3 764
-
24 934
-
total
12 222
-
55 045
-
Employer
23 759
-
99 000
-
total
-
-
-
-
Corporate
75 241
99 000
-
-
nationa
18 057
23 760
-
-
municipal
3 740
4 920
-
-
total
21 797
28 680
-
-
Dividends
53 443
70 320
-
-
withholding
13 895
18 283
-
-
total
13 895
18 283
-
-
Income
99 000
99 000
99 000
99 000
Total tax
47 914
46 963
55 045
51 433
After tax
51 086
52 037
43 955
47 567
Living cost
11 538
11 538
11 538
11 538
Free-cash
39 548
40 499
32 417
36 029

Estimated living cost  is ₴11538 per week

₴7176
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
₴55520
₴51010
₴46179
₴41791
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 000
income
-
-
-
10 631
health
-
-
-
13 365
solidarity contribution
-
-
-
1 422
social contributions
-
-
-
14 762
total
-
-
-
40 180
Employee
18 590
-
79 231
-
social contributions
1 208
-
3 286
-
health
2 510
-
10 696
-
solidarity contribution
-
-
1 029
-
income
2 231
-
9 787
-
total
5 949
-
24 798
-
Employer
18 590
-
79 231
-
social contributions
4 648
-
12 639
-
health
1 673
-
7 131
-
total
6 321
-
19 770
-
Corporate
74 089
99 000
-
-
income
14 077
18 810
-
-
total
14 077
18 810
-
-
Dividends
60 012
80 190
-
-
withholding
9 002
12 029
-
-
total
9 002
12 029
-
-
Income
99 000
99 000
99 000
99 000
Total tax
35 349
30 839
44 568
40 180
After tax
63 651
68 161
54 432
58 820
Living cost
12 641
12 641
12 641
12 641
Free-cash
51 010
55 520
41 791
46 179

Estimated living cost  is ₴12641 per week

₴9401
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
₴40932
₴40720
₴37092
₴12284
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 000
chamber of commerce
-
-
-
396
income
-
-
-
32 135
pensions
-
-
-
9 257
unemployment
-
-
-
2 627
health
-
-
-
3 828
surtax
-
-
-
-
total
-
-
-
48 243
Employee
18 723
17 069
82 248
-
other
187
171
501
-
health
724
661
1 936
-
income
1 668
1 259
27 083
-
pensions
1 917
1 748
5 124
-
unemployment
562
512
1 501
-
total
5 058
4 351
36 145
-
Employer
18 723
17 069
82 248
-
accident
243
222
650
-
other
889
810
3 632
-
chamber of commerce
75
68
329
-
unemployment
562
512
1 501
-
surtax
-
-
-
-
pensions
2 350
2 143
6 280
-
payroll
562
512
2 468
-
health
708
645
1 891
-
total
5 389
4 912
16 751
-
Corporate
74 889
77 018
80 622
-
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.

18 722
19 255
20 155
-
total
18 722
19 255
20 155
-
Dividends
56 167
57 764
-
-
withholding
15 446
15 885
-
-
total
15 446
15 885
-
-
Income
99 000
99 000
99 000
99 000
Total tax
44 615
44 403
73 051
48 243
After tax
54 385
54 597
25 949
50 757
Living cost
13 665
13 665
13 665
13 665
Free-cash
40 720
40 932
12 284
37 092

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
₴88045
₴86919
₴92005
₴73195
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
99 000
microenterprise

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

-
-
-
990
total
-
-
-
990
Employee
7 506
-
99 000
-
income
1 501
-
19 800
-
total
1 501
-
19 800
-
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%.

91 494
99 000
-
-
total
-
-
-
-
Dividends
91 494
99 000
-
-
withholding
4 575
4 950
-
-
total
4 575
4 950
-
-
Income
99 000
99 000
99 000
99 000
Total tax
6 076
4 950
19 800
990
After tax
92 924
94 050
79 200
98 010
Living cost
6 005
6 005
6 005
6 005
Free-cash
86 919
88 045
73 195
92 005

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
₴56673
₴53092
₴34195
₴32047
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
99 000
income
-
-
-
25 346
pensions
-
-
-
18 080
unemployment
-
-
-
149
health
-
-
-
9 742
total
-
-
-
53 317
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
-
85 663
-
health
1 223
-
5 534
-
income
3 266
-
23 197
-
pensions
2 936
-
13 277
-
unemployment
27
-
120
-
total
7 452
-
42 128
-
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
-
85 663
-
unemployment
11
-
51
-
pensions
1 676
-
7 581
-
health
1 261
-
5 705
-
total
2 948
-
13 337
-
Corporate
77 111
99 000
-
-
income
14 651
18 810
-
-
total
14 651
18 810
-
-
Dividends
62 460
80 190
-
-
withholding
9 369
12 029
-
-
total
9 369
12 029
-
-
Income
99 000
99 000
99 000
99 000
Total tax
34 420
30 839
55 465
53 317
After tax
64 580
68 161
43 535
45 683
Living cost
11 488
11 488
11 488
11 488
Free-cash
53 092
56 673
32 047
34 195

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
₴41734
₴21342
₴49919
₴74862
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 000
income
-
-
-
19 297
social contributions
-
-
-
11 286
total
-
-
-
30 583
Employee
26 523
-
-
-
social contributions
2 175
-
310
-
income
5 851
-
-
-
total
8 026
-
310
-
Employer
26 523
-
-
-
social contributions
37 398
-
5 330
-
total
37 398
-
5 330
-
Corporate
35 079
99 000
-
-
income
7 717
21 780
-
-
total
7 717
21 780
-
-
Dividends
27 361
77 220
-
-
income
6 019
16 988
-
-
total
6 019
16 988
-
-
Income
99 000
99 000
99 000
99 000
Total tax
59 160
38 768
5 640
30 583
After tax
39 840
60 232
93 360
68 417
Living cost
18 498
18 498
18 498
18 498
Free-cash
21 342
41 734
74 862
49 919

Estimated living cost  is ₴18498 per week

₴12002
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
₴42876
₴42443
₴38073
₴30243
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
99 000
income
-
-
-
13 090
surtax
-
-
-
-
social contributions

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

-
-
-
34 402
total
-
-
-
47 492
Employee
19 699
-
80 000
-
social contributions
2 167
-
8 800
-
surtax
-
-
154
-
income
4 098
-
27 368
-
total
6 265
-
36 322
-
Employer
19 699
-
80 000
-
social contributions
4 679
-
19 000
-
total
4 679
-
19 000
-
Corporate
74 622
99 000
-
-
surtax
-
-
-
-
income
15 671
20 790
-
-
total
15 671
20 790
-
-
Dividends
58 951
78 210
-
-
withholding
16 507
21 899
-
-
total
16 507
21 899
-
-
Income
99 000
99 000
99 000
99 000
Total tax
43 122
42 689
55 322
47 492
After tax
55 878
56 311
43 678
51 508
Living cost
13 435
13 435
13 435
13 435
Free-cash
42 443
42 876
30 243
38 073

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
₴29209
₴32153
₴33259
₴30191
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 000
income
-
-
-
18 836
pensions
-
-
-
15 408
other
-
-
-
3 069
health
-
-
-
4 921
surtax
-
-
-
-
social contributions
-
-
-
2 820
total
-
-
-
45 054
Employee
26 826
-
75 398
-
social contributions
764
-
2 148
-
surtax
-
-
-
-
income
2 341
-
16 624
-
pensions
3 034
-
5 749
-
total
6 139
-
24 521
-
Employer
26 826
-
75 398
-
other
926
-
3 157
-
social contributions
80
-
226
-
unemployment
1 087
-
3 054
-
pensions
4 408
-
9 588
-
health
1 878
-
7 576
-
total
8 379
-
23 601
-
Corporate
63 795
99 000
-
-
surtax
-
-
-
-
income
17 862
27 720
-
-
total
17 862
27 720
-
-
Dividends
45 933
71 280
-
-
surtax
-
-
-
-
social contributions
7 901
12 260
-
-
withholding
5 879
9 124
-
-
total
13 780
21 384
-
-
Income
99 000
99 000
99 000
99 000
Total tax
46 160
49 104
48 122
45 054
After tax
52 840
49 896
50 878
53 946
Living cost
20 687
20 687
20 687
20 687
Free-cash
32 153
29 209
30 191
33 259

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
₴76225
₴74787
₴59224
₴61854
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 000
income
-
-
-
5 121
social contributions
-
-
-
21 780
total
-
-
-
26 901
Employee
13 770
-
85 714
-
income
-
-
5 413
-
social contributions
895
-
5 572
-
total
895
-
10 985
-
Employer
13 770
-
85 714
-
social contributions
2 134
-
13 286
-
total
2 134
-
13 286
-
Corporate
83 096
99 000
-
-
income
8 309
9 900
-
-
total
8 309
9 900
-
-
Dividends
74 786
89 100
-
-
total
-
-
-
-
Income
99 000
99 000
99 000
99 000
Total tax
11 338
9 900
24 271
26 901
After tax
87 662
89 100
74 729
72 099
Living cost
12 875
12 875
12 875
12 875
Free-cash
74 787
76 225
61 854
59 224

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
₴5638
₴3209
₴36392
₴5638
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 000
municipal
-
-
-
21 321
pensions
-
-
-
371
national
-
-
-
12 389
labour market
-
-
-
7 890
total
-
-
-
41 971
Employee
87 103
87 103
87 103
-
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
87 103
87 103
87 103
-
labour market
6 968
6 968
6 968
-
municipal
18 578
18 578
18 578
-
pensions
248
248
248
-
national
10 660
10 660
10 660
-
total
36 454
36 454
36 454
-
Corporate
5 639
-
-
-
income
1 241
-
-
-
total
1 241
-
-
-
Dividends
4 398
-
-
-
withholding
1 188
-
-
-
total
1 188
-
-
-
Income
99 000
99 000
99 000
99 000
Total tax
75 154
72 725
72 725
41 971
After tax
23 846
26 275
26 275
57 029
Living cost
20 637
20 637
20 637
20 637
Free-cash
3 209
5 638
5 638
36 392

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
-₴1211
₴6602
₴58359
₴45388
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 000
accident
-
-
-
108
income
-
-
-
28 444
pensions
-
-
-
1 772
other
-
-
-
158
health
-
-
-
929
total
-
-
-
31 411
Employee
14 519
-
90 577
-
health
1 663
-
10 371
-
income
1 992
-
22 339
-
pensions
1 635
-
3 249
-
total
5 290
-
35 959
-
Employer
14 519
-
90 577
-
accident
242
-
1 513
-
unemployment
356
-
2 219
-
pensions
2 361
-
4 691
-
total
2 959
-
8 423
-
Corporate
81 522
99 000
-
-
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.

73 370
89 100
-
-
total
73 370
89 100
-
-
Dividends
8 152
9 900
-
-
withholding
1 549
1 881
-
-
total
1 549
1 881
-
-
Income
99 000
99 000
99 000
99 000
Total tax
83 168
90 981
44 382
31 411
After tax
15 832
8 019
54 618
67 589
Living cost
9 230
9 230
9 230
9 230
Free-cash
6 602
-1 211
45 388
58 359

Estimated living cost  is ₴9230 per week

₴6718
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
₴44128
₴45451
₴43987
₴32649
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
99 000
municipal
-
-
-
17 578
health
-
-
-
1 346
national
-
-
-
19 645
total
-
-
-
38 569
Employee
22 535
-
83 284
-
health
168
-
1 104
-
municipal
3 691
-
13 556
-
pensions
1 521
-
5 621
-
unemployment
338
-
1 249
-
national
372
-
12 662
-
total
6 090
-
34 192
-
Employer
22 535
-
83 284
-
accident
23
-
83
-
unemployment
146
-
541
-
pensions
3 910
-
14 450
-
health
173
-
641
-
total
4 252
-
15 715
-
Corporate
72 214
99 000
-
-
income
14 443
19 800
-
-
total
14 443
19 800
-
-
Dividends

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

43 328
59 400
-
-
national
4 521
7 936
-
-
municipal
7 799
10 692
-
-
total
12 320
18 628
-
-
Income
99 000
99 000
99 000
99 000
Total tax
37 105
38 428
49 907
38 569
After tax
61 895
60 572
49 093
60 431
Living cost
16 444
16 444
16 444
16 444
Free-cash
45 451
44 128
32 649
43 987

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
₴62229
₴59898
₴56569
₴55763
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 000
income
-
-
-
23 059
health
-
-
-
2 525
social contributions
-
-
-
6 930
total
-
-
-
32 514
Employee
32 936
32 936
93 582
-
social contributions
1 245
2 733
3 687
-
health
255
560
1 591
-
income
3 586
3 049
22 624
-
total
5 086
6 342
27 902
-
Employer
32 936
32 936
93 582
-
social contributions
1 245
2 733
3 687
-
health
277
610
1 731
-
total
1 522
3 343
5 418
-
Corporate
82 474
62 721
-
-
income
10 309
7 840
-
-
total
10 309
7 840
-
-
Dividends
72 165
54 881
-
-
withholding
12 268
9 329
-
-
total
12 268
9 329
-
-
Income
99 000
99 000
99 000
99 000
Total tax
29 185
26 854
33 320
32 514
After tax
69 815
72 146
65 680
66 486
Living cost
9 917
9 917
9 917
9 917
Free-cash
59 898
62 229
55 763
56 569

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
₴75182
₴73002
₴77646
₴69056
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
99 000
income
-
-
-
10 267
pensions
-
-
-
2 725
unemployment
-
-
-
12
health
-
-
-
1 550
total
-
-
-
14 554
Employee

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

9 831
-
94 814
-
health
836
-
3 454
-
income
672
-
9 205
-
pensions
1 474
-
6 096
-
unemployment
49
-
203
-
total
3 031
-
18 958
-
Employer

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

9 831
-
94 814
-
unemployment
49
-
203
-
pensions
541
-
2 235
-
health
423
-
1 748
-
total
1 013
-
4 186
-
Corporate
88 157
99 000
-
-
income
7 934
8 910
-
-
total
7 934
8 910
-
-
Dividends
80 223
90 090
-
-
withholding
7 220
8 108
-
-
total
7 220
8 108
-
-
Income
99 000
99 000
99 000
99 000
Total tax
19 198
17 018
23 144
14 554
After tax
79 802
81 982
75 856
84 446
Living cost
6 800
6 800
6 800
6 800
Free-cash
73 002
75 182
69 056
77 646

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
₴53928
₴52037
₴43516
₴41720
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 000
accident
-
-
-
358
income
-
-
-
31 795
pensions
-
-
-
11 235
other
-
-
-
40
unemployment
-
-
-
278
total
-
-
-
43 706
Employee
15 837
-
86 344
-
other
15
-
40
-
income
3 053
-
30 325
-
pensions
745
-
1 866
-
unemployment
245
-
615
-
total
4 058
-
32 846
-
Employer
15 837
-
86 344
-
accident
314
-
786
-
other
127
-
318
-
unemployment
871
-
2 183
-
pensions
3 737
-
9 369
-
total
5 049
-
12 656
-
Corporate
78 113
99 000
-
-
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.

11 717
14 850
-
-
total
11 717
14 850
-
-
Dividends
66 397
84 150
-
-
withholding
14 361
18 444
-
-
total
14 361
18 444
-
-
Income
99 000
99 000
99 000
99 000
Total tax
35 185
33 294
45 502
43 706
After tax
63 815
65 706
53 498
55 294
Living cost
11 778
11 778
11 778
11 778
Free-cash
52 037
53 928
41 720
43 516

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
₴60606
₴60413
₴62493
₴62411
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 000
income
-
-
-
33 865
pensions
-
-
-
853
health
-
-
-
619
total
-
-
-
35 337
Employee
1 782
-
98 040
-
health
89
-
213
-
income
345
-
33 820
-
pensions
160
-
384
-
unemployment
18
-
43
-
total
612
-
34 460
-
Employer
1 782
-
98 040
-
unemployment
36
-
85
-
pensions
196
-
469
-
health
169
-
405
-
total
401
-
959
-
Corporate
96 817
99 000
-
-
income
21 300
21 780
-
-
total
21 300
21 780
-
-
Dividends
75 518
77 220
-
-
withholding
15 104
15 444
-
-
total
15 104
15 444
-
-
Income
99 000
99 000
99 000
99 000
Total tax
37 417
37 224
35 419
35 337
After tax
61 583
61 776
63 581
63 663
Living cost
1 170
1 170
1 170
1 170
Free-cash
60 413
60 606
62 411
62 493

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
₴64120
₴62012
₴56665
₴56666
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
99 000
income
-
-
-
22 961
pensions
-
-
-
8 230
unemployment
-
-
-
475
health
-
-
-
3 261
total
-
-
-
34 927
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
-
93 334
-
health
575
-
1 630
-
income
1 540
-
22 961
-
pensions
1 564
-
4 432
-
unemployment
84
-
237
-
total
3 763
-
29 260
-
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
-
93 334
-
unemployment
84
-
237
-
pensions
1 340
-
3 799
-
health
575
-
1 630
-
total
1 999
-
5 666
-
Corporate
85 830
99 000
-
-
income
12 875
14 850
-
-
total
12 875
14 850
-
-
Dividends
72 956
84 150
-
-
withholding
10 943
12 622
-
-
total
10 943
12 622
-
-
Income
99 000
99 000
99 000
99 000
Total tax
29 580
27 472
34 926
34 927
After tax
69 420
71 528
64 074
64 073
Living cost
7 408
7 408
7 408
7 408
Free-cash
62 012
64 120
56 666
56 665

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
₴44764
₴44609
₴39961
₴32131
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
99 000
income
-
-
-
13 090
surtax
-
-
-
-
social contributions

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

-
-
-
34 402
total
-
-
-
47 492
Employee
16 624
-
80 000
-
social contributions
1 829
-
8 800
-
surtax
-
-
154
-
income
3 248
-
27 368
-
total
5 077
-
36 322
-
Employer
16 624
-
80 000
-
social contributions
3 948
-
19 000
-
total
3 948
-
19 000
-
Corporate
78 428
99 000
-
-
surtax
-
-
-
-
income
16 470
20 790
-
-
total
16 470
20 790
-
-
Dividends
61 958
78 210
-
-
withholding
17 349
21 899
-
-
total
17 349
21 899
-
-
Income
99 000
99 000
99 000
99 000
Total tax
42 844
42 689
55 322
47 492
After tax
56 156
56 311
43 678
51 508
Living cost
11 547
11 547
11 547
11 547
Free-cash
44 609
44 764
32 131
39 961

Estimated living cost  is ₴11547 per week

₴8179
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
₴50653
₴47849
₴40241
₴38445
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 000
accident
-
-
-
358
income
-
-
-
31 795
pensions
-
-
-
11 235
other
-
-
-
40
unemployment
-
-
-
278
total
-
-
-
43 706
Employee
20 686
-
86 344
-
other
20
-
40
-
income
4 321
-
30 325
-
pensions
972
-
1 866
-
unemployment
320
-
615
-
total
5 633
-
32 846
-
Employer
20 686
-
86 344
-
accident
410
-
786
-
other
166
-
318
-
unemployment
1 138
-
2 183
-
pensions
4 882
-
9 369
-
total
6 596
-
12 656
-
Corporate
71 719
99 000
-
-
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.

10 758
14 850
-
-
total
10 758
14 850
-
-
Dividends
60 962
84 150
-
-
withholding
13 111
18 444
-
-
total
13 111
18 444
-
-
Income
99 000
99 000
99 000
99 000
Total tax
36 098
33 294
45 502
43 706
After tax
62 902
65 706
53 498
55 294
Living cost
15 053
15 053
15 053
15 053
Free-cash
47 849
50 653
38 445
40 241

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
₴77273
₴74661
₴72780
₴76916
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 000
income
-
-
-
14 850
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
-
-
-
18 848
Employee
9 762
-
96 063
-
health
449
-
689
-
accident

We are using the highest rate at 1.1%.

107
-
165
-
income
976
-
9 606
-
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
-
11 774
-
Employer
9 762
-
96 063
-
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
87 322
99 000
-
-
income
8 732
9 900
-
-
total
8 732
9 900
-
-
Dividends
78 590
89 100
-
-
withholding
3 930
4 455
-
-
total
3 930
4 455
-
-
Income
99 000
99 000
99 000
99 000
Total tax
16 967
14 355
14 712
18 848
After tax
82 033
84 645
84 288
80 152
Living cost
7 372
7 372
7 372
7 372
Free-cash
74 661
77 273
76 916
72 780

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
₴34374
₴39978
₴33150
₴44498
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
99 000
trade
-
-
-
11 348
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.

-
-
-
33 214
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.

-
-
-
1 826
total
-
-
-
49 314
Employee

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

21 311
-
99 000
-
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
-
1 826
-
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
-
33 214
-
total
4 775
-
37 966
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
77 689
99 000
-
-
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.

641
817
-
-
income
11 653
14 850
-
-
trade
11 149
14 206
-
-
chamber of commerce
179
211
-
-
total
23 622
30 084
-
-
Dividends
54 067
68 916
-
-
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.

735
939
-
-
withholding
13 354
17 067
-
-
total
14 089
18 006
-
-
Income
99 000
99 000
99 000
99 000
Total tax
42 486
48 090
37 966
49 314
After tax
56 514
50 910
61 034
49 686
Living cost
16 536
16 536
16 536
16 536
Free-cash
39 978
34 374
44 498
33 150

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
₴44901
₴45847
₴25017
₴25017
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 000
income
-
-
-
32 521
social contributions
-
-
-
17 063
total
-
-
-
49 584
Employee
33 504
-
99 000
-
income
6 322
-
32 521
-
social contributions
2 783
-
17 063
-
total
9 105
-
49 584
-
Employer
33 504
-
99 000
-
total
-
-
-
-
Corporate
65 496
99 000
-
-
income
8 187
12 375
-
-
total
8 187
12 375
-
-
Dividends
57 309
86 625
-
-
withholding
11 462
17 325
-
-
total
11 462
17 325
-
-
Income
99 000
99 000
99 000
99 000
Total tax
28 754
29 700
49 584
49 584
After tax
70 246
69 300
49 416
49 416
Living cost
24 399
24 399
24 399
24 399
Free-cash
45 847
44 901
25 017
25 017

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
₴46539
₴48035
₴65741
₴53406
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
99 000
income
-
-
-
14 850
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
-
-
-
17 711
Employee
19 649
-
97 030
-
income
2 132
-
26 106
-
social contributions
1 969
-
1 970
-
total
4 101
-
28 076
-
Employer
19 649
-
97 030
-
social contributions
1 969
-
1 970
-
total
1 969
-
1 970
-
Corporate
77 383
99 000
-
-
income
27 084
34 650
-
-
total
27 084
34 650
-
-
Dividends
50 299
64 350
-
-
social contributions
2 263
2 263
-
-
total
2 263
2 263
-
-
Income
99 000
99 000
99 000
99 000
Total tax
35 417
36 913
30 046
17 711
After tax
63 583
62 087
68 954
81 289
Living cost
15 548
15 548
15 548
15 548
Free-cash
48 035
46 539
53 406
65 741

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
₴46327
₴48872
₴47934
₴39103
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 000
income
-
-
-
30 768
pensions
-
-
-
4 333
total
-
-
-
35 101
Employee
21 914
-
86 266
-
health
286
-
1 161
-
income
3 991
-
24 879
-
pensions
1 673
-
5 159
-
total
5 950
-
31 199
-
Employer
21 914
-
86 266
-
pensions
2 214
-
11 094
-
health
416
-
1 639
-
total
2 630
-
12 733
-
Corporate
74 456
99 000
-
-
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.

14 146
18 810
-
-
total
14 146
18 810
-
-
Dividends
60 310
80 190
-
-
withholding
11 437
17 898
-
-
total
11 437
17 898
-
-
Income
99 000
99 000
99 000
99 000
Total tax
34 163
36 708
43 932
35 101
After tax
64 837
62 292
55 068
63 899
Living cost
15 965
15 965
15 965
15 965
Free-cash
48 872
46 327
39 103
47 934

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
-₴2124
₴6464
₴57446
₴44475
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 000
accident
-
-
-
108
income
-
-
-
28 444
pensions
-
-
-
1 772
other
-
-
-
158
health
-
-
-
929
total
-
-
-
31 411
Employee
15 956
-
90 577
-
health
1 827
-
10 371
-
income
2 189
-
22 339
-
pensions
1 797
-
3 249
-
total
5 813
-
35 959
-
Employer
15 956
-
90 577
-
accident
266
-
1 513
-
unemployment
391
-
2 219
-
pensions
2 594
-
4 691
-
total
3 251
-
8 423
-
Corporate
79 792
99 000
-
-
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.

71 813
89 100
-
-
total
71 813
89 100
-
-
Dividends
7 979
9 900
-
-
withholding
1 516
1 881
-
-
total
1 516
1 881
-
-
Income
99 000
99 000
99 000
99 000
Total tax
82 393
90 981
44 382
31 411
After tax
16 607
8 019
54 618
67 589
Living cost
10 143
10 143
10 143
10 143
Free-cash
6 464
-2 124
44 475
57 446

Estimated living cost  is ₴10143 per week

₴7444
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
₴69950
₴68655
₴57700
₴67118
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
99 000
work injury
-
-
-
342
health insurance
-
-
-
5 069
income
-
-
-
16 679
pensions
-
-
-
12 603
unemployment
-
-
-
822
total
-
-
-
35 515
Employee

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

9 257
-
99 000
-
work injury
46
-
171
-
income
926
-
16 679
-
pensions
1 703
-
6 302
-
health insurance
685
-
2 534
-
unemployment
111
-
411
-
total
3 471
-
26 097
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
89 743
99 000
-
-
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%.

8 974
9 900
-
-
total
8 974
9 900
-
-
Dividends
80 769
89 100
-
-
withholding
12 115
13 365
-
-
total
12 115
13 365
-
-
Income
99 000
99 000
99 000
99 000
Total tax
24 560
23 265
26 097
35 515
After tax
74 440
75 735
72 903
63 485
Living cost
5 785
5 785
5 785
5 785
Free-cash
68 655
69 950
67 118
57 700

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
₴35083
₴33136
₴29561
₴26042
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 000
municipal
-
-
-
698
regional
-
-
-
2 440
national
-
-
-
27 801
social contributions
-
-
-
21 437
total
-
-
-
52 376
Employee
36 093
-
99 000
-
social contributions
12 170
-
28 105
-
regional
545
-
2 218
-
municipal
215
-
638
-
national
6 099
-
24 934
-
total
19 029
-
55 895
-
Employer
36 093
-
99 000
-
total
-
-
-
-
Corporate
62 907
99 000
-
-
nationa
15 098
23 760
-
-
municipal
3 032
4 772
-
-
total
18 130
28 532
-
-
Dividends
44 778
70 468
-
-
withholding
11 642
18 322
-
-
total
11 642
18 322
-
-
Income
99 000
99 000
99 000
99 000
Total tax
48 801
46 854
55 895
52 376
After tax
50 199
52 146
43 105
46 624
Living cost
17 063
17 063
17 063
17 063
Free-cash
33 136
35 083
26 042
29 561

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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