Quote: Originally posted by WolfPack | For instance, Fyndium and others have suggested to register a company, because it should be almost free as long as it doesn't generate profits. I've
been told (and verified) that for some countries this is true, but for others, registering a company or even working as a freelancer isn't exactly
cheap, costing up to several thousands of € per year even if your "business" is actively losing money. You've got a calculator for EU countries
here: https://freelance.tax/en/my/EUR/0/month/. The table may take a while to load, but if it doesn't, just click on the "€ 0" to reveal the form
field, write 0 again and press enter to recalculate. The important part for each city is the "Sole trader" column. The thing is, you would still need
to pay health taxes, social and pension contributions, etc., depending on the case. |
I don't know who and how these numbers are calculated, but they seem to exclusively presume that you live off your business.
[Edited on 16-9-2021 by Fyndium] |