Freelancer or company calculator
Compare how much you keep as a freelancer and as a company over the first three years.
Your situation
We do not save this data. Change any figure and the result recalculates immediately.
€
€
Remaining company profit is distributed as dividends to simulate tax optimization.
€
Your comparison
As a freelancer you keep up to
€2,655.00
more per year across all three scenarios.
| Period | Freelancer | Company | Difference | Best option |
|---|---|---|---|---|
| First year | €30,984.00 | €28,825.00 | €2,159.00 | Freelancer |
| Second year | €27,800.00 | €26,687.00 | €1,113.00 | Freelancer |
| Third year and beyond | €27,800.00 | €25,145.00 | €2,655.00 | Freelancer |
First year
Freelancer- Freelancer
- €30,984.00
- Company
- €28,825.00
- Difference
- €2,159.00
Second year
Freelancer- Freelancer
- €27,800.00
- Company
- €26,687.00
- Difference
- €1,113.00
Third year and beyond
Freelancer- Freelancer
- €27,800.00
- Company
- €25,145.00
- Difference
- €2,655.00
First year
As a freelancer
Income€50,000.00
Entered expenses€10,000.00
Accounting and admin€600.00
Social Security€960.00
Income tax€7,455.00
As a company
Income€50,000.00
Entered expenses€10,000.00
Accounting and admin€1,200.00
Social Security€960.00
Salary income tax€1,119.00
Corporate tax€3,660.00
Dividend income tax€4,235.00
Second year
As a freelancer
Income€50,000.00
Entered expenses€10,000.00
Accounting and admin€600.00
Social Security€5,412.00
Income tax€6,187.00
As a company
Income€50,000.00
Entered expenses€10,000.00
Accounting and admin€1,200.00
Social Security€3,600.00
Salary income tax€617.00
Corporate tax€3,660.00
Dividend income tax€4,235.00
Third year and beyond
As a freelancer
Income€50,000.00
Entered expenses€10,000.00
Accounting and admin€600.00
Social Security€5,412.00
Income tax€6,187.00
As a company
Income€50,000.00
Entered expenses€10,000.00
Accounting and admin€1,200.00
Social Security€3,600.00
Salary income tax€617.00
Corporate tax€5,612.00
Dividend income tax€3,825.00
Would you like to decide with your real figures?
An adviser can review your activity and help you choose the structure that fits your figures and plans.
Keep in mind
- Revenue and profit. With low or medium profit, freelancing is usually simpler. With high profit, an SL can optimize part of the return through salary and dividends.
- Activity risk. A company limits personal liability in many cases. If your activity has contractual or debt risk, do not look only at taxes.
- Admin and fixed costs. A company usually has more incorporation, accounting, books and company compliance costs. The tax saving must offset that load.
Your IAE heading, VAT, discounts, payroll, dividends and other company obligations can change the result.