Useful information
Relevant tax rates and tax exempt income/cost in 2023
| Income tax |
20% |
| Tax exempt income/month |
max 654 Euros |
| Tax exempt income/year |
max 7848 Euros |
| Minimum salary rate/month |
725 Euros |
| Tax-exempt rate of daily allowance abroad (1-15/16-…days)/day |
50/32 Euros |
| Compensation of using personal vehicle (with travel diary) |
30 cents/km |
| Compensation of using personal vehicle (with travel diary) max/month |
335 Euros |
| Social tax |
33% |
| Minimum social security tax obligation/month |
215,82 Euros |
| Tax-exempt rate of promotional gift/month |
10 eurot |
| Tax-exempt rate of guest reception costs/month |
32 Euros |
| Additional tax-exempt rate of guest reception costs per month as percent of disbursement taxed by social tax |
2% |
| Unemployment insurance premium for employee |
1,6% |
| Unemployment insurance premium for employer |
0,8% |
| Funded pension payment |
2% |
| Obligation to register as taxable person (taxable supply rate per year) |
40 000 Euros |
| VAT (standard) |
20% |
| VAT (exceptions) |
9% or 0% |
| Minimum share capital |
2 500 Euros |
| Minimum stock capital
| 25000 Euros |
| Minimum rate of loan interest |
2% |
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