4 ms·
That 10% income tax is slightly misleading in that you'll also have to pay social security on your personal income, which is up to 26%. So it's not as if you ca
by joefourier 7y ago
That 10% income tax is slightly misleading in that you'll also have to pay social security on your personal income, which is up to 26%. So it's not as if you can pay yourself 100k€ and get 90k€ in your pocket (and while a 10% corporate tax is attractive, it's not out of line with other EU countries like Ireland, Hungary, Estonia, Malta...).
- hydraxis 7y agoYou can pay the social insurance for the equivalent of the minimum salary (around 75€ monthly) and pay yourself a dividend. Personal tax on the dividends is 5%.
- probono322 7y agoThe minimum salary is about 280eu, how do you pay for 75eu?
- hydraxis 7y agoYou do not have to pay the salary, just the social insurance.
- pdimitar 7y agoTL;DR: You can be registered in your own company as a manager on the minimum wage, pay a fixed sum of social insurance every month (~100 EUR), and then basically set aside 15% of your invoices income for tax, and the rest is yours. This is exactly what I do for years, it's not fiction and it's working.