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%