In Portugal, if you work as a “freelancer” and you invoice your company each month (rather than being an employee), you have a pretty good tax rate. Essentially, you are only paying taxes on 35% of your salary (marginally) and as well some social security payments, so for example - if you earn 60k euros a year, you only lose about 18% (if you consider social security payments a loss). Also the first 2 years you pay a lot less than that but I am thinking long term.
Does anyone else know of any other European countries where you can invoice your company from abroad and keep at least 80% of it? (considering a 60k annual income)
I have heard of a flat tax system in Italy where you are taxed between 5-15%? But I dont know if it isn’t as “good as it seems” since Italy is pretty high tax.
It doesn’t get any better than Malta. But then you have to live in Malta. It’s not for everyone