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Tax Overview

Austria

Tax Value
Corporate income tax 25%
Minimal annual contribution (can be recovered):
• Private limited liability companies (GmbH): 1.750,- €
• Public limited liability companies (AG): 3.500,- €
• European public companies (SE): 6.000,- €
• Financial institutions: 5.452,- €
VAT 20% for most goods and services. Reduced rate of 10% applies to food, books, medications and property rental for residential use. A second reduced rate of 13% applies to certain live animals, animal fodder, stamps, entitlements to attend athletic events, accommodation and cultural services (for instance: movies, museums) etc.
Personal income tax from 0 to 11.000 € - 0%
from 11.000 up to 18.000 € - 25%
from 18.000 up to 31.000 € - 35%
from 31.000 up to 60.000 € - 42%
from 60.000 up to 90.000 € - 48%
from 90.000 up to 1.000.000 € - 50%
over 1.000.000 € - 55%

Example: If the income reaches 30.000 €, the personal income tax will be 5.950,- € (up to 11.000 – 0%, between 11.001 and 18.000 – 25 % = 1.750,- € , between 18.001 and 30.000 – 35% = 4.200,- €).
SS contributions, health insurance (employee) 18,12%
SS contributions, health insurance (employer) 21,48%
Tax on dividends (individuals) 27,5%

Belgium

Tax Value
Corporate income tax 29.58%

For SMEs: 20.40% on the first EUR 100.000 of profit
VAT 21% for most goods and services; 12%, 6%, 0% for certain specified goods
Personal income tax Up to €13,250 25%
€13,250–23,390 40%
€23,390–40,480 45%
€40,480+ 50%
SS contributions, health insurance (employee) 13.07%
SS contributions, health insurance (employer) 25%
Tax on dividends (individuals) 27% (rate can be lower for certain financial products)
* The real corporation tax rate is usually much lower than the nominal corporate tax rate due to various tax incentives (such as notional interest deduction, tax shelter for audiovisual productions, various incentives for research and development, etc. For more information visit: http://www.minfin.fgov.be/cellalien

Percentages on Personal & Corporate Income Tax will be applied from Jan 1st, 2019

Czech

Tax Value
Corporate income tax 19%
VAT 21% (basic) for most goods and services; 15% for certain specified supplies (heating, cooling and goods specified by law on VAT); 10% for goods specified by law on VAT
Personal income tax 15% (app. 20% - if calculated from the gross income)
SS contributions, health insurance (employee) 11% ( 4.5% for health insurance and 6.5% for pensions, unemployment benefits and sickness)
SS contributions, health insurance (employer) 34% (9% for health insurance and 25% for pensions, unemployment benefits and sickness)
Tax on dividends (individuals) 15%

Estonia

Tax Value
Corporate income tax 20% (not applicable to retained and reinvested corporate profit)
VAT 20% for most goods and services; reduced rate 9% and 0% in some cases
Personal income tax 20% (basic tax exemption is EUR 0-6,000 per year, depending on the level of income) up to 500 EUR in a month and up to 6000 EUR in the year, but decreasing depending on the total income amount.

If total amount of all income is 25 200 EUR in a year or more, there is no right to basic exemption at all.
SS contributions, health insurance (employee) employee 1.6% + employer 0.8%
SS contributions, health insurance (employer) 33% (20% for social security and 13% for health insurance)
Tax on dividends (individuals) 20% (not applicable if stays on investment account)
More information: https://investinestonia.com/business-in-estonia/taxation/

Ireland

Tax Value
Corporate income tax 12.5% trading income; 25% non-trading income
VAT Standard rate is 23%, however certain goods and services have rates of 13.5%, 9%, 4.8% and 0%.
Personal income tax 0% on income up to a limit determined by the individual's tax credits and allowances, 20% on balance up to €32,800 (single person) / €41,800 (married couple with one income) / €65,600 (married couple, two incomes) / €36,800 (one-parent family); 41% on balance.
SS contributions, heath insurance (employee) Pay-Related Social Insurance (PRSI) and the Universal Social Charge (USC) are payable.
PRSI: 4% is typical though lower rates may apply, depending on the classification and income of employee.
USC: 2% on income up to €10,036, 4% from €10,036 to €16,016, 7% on balance (or up to €100,000 if income is from self employment. 10% USC applied to income above €100,000 gained from self-employment). If income is less than €10,036, no USC is payable.
SS contributions, health insurance (employer) 10.75% is typical though lower rates may apply, depending on the classification and income of the employee.
Tax on dividends (individuals) 20%

Lithuania

Tax Value
Corporate income tax 15%
VAT General rate is 21%, 9 %, 5 % and 0 % is applied to certain goods and services
Personal income tax 20% (if the wage doesn't exceed 120 average wages which is Eur 136 344 per year), 27% (if the salary does exceed 120 average wages per year)
SS contributions, health insurance (employee) State social insurance (Sodra taxes): 19.5%
Tier II pension: 2% (optional).
SS contributions, health insurance (employer) 2,49% for fixed-term employment contracts and 1,77% for employment contracts of indefinite duration
Tax on dividends (individuals) 15%

Romania

Tax Value
Corporate income tax 16%
VAT 19% for most goods, 9%for certain goods (pharmaceuticals for human and veterinarian use, hotel accommodation, prostheses and orthopedic products, bread and related bakery, food and beverages with the exception of alcohol water used for consumption and for agricultural irrigation), 5% for books, newspapers, periodicals, admission to cinemas, museums, historical monuments, trade fairs and exhibitions).
Personal income tax 16%
SS contributions, health insurance (employee) 5.5%
SS contributions, health insurance (employer) 5.2%
Tax on dividends (individuals) 5%

Spain

Tax Value
Corporate income tax General rate 25% . Reduced tax rates are applied in certain cases and certain activities, including those relating to R&D and technological innovation.
VAT General rate is 21% for most goods and services. The reduced rate: 10%. The super reduced rate: 4%.
Personal income tax Tax rates in Spain are not uniform across the country.

Basic income tax rates:
Up to 12.450 € - 19%
from 12.450 € up to 20.200 € - 24%
from 20.200 € up to 35.200 € - 30%
from 35.200 € up to 60.000 € - 37%
over 60.000 € - 45%
SS contributions, health insurance (employee) 6.35%
SS contributions, health insurance (employer) 30.9%
Tax on dividends (individuals) from 0 to 6.000 € - 19%
from 6.000 € up to 50.000 € - 21%
over 50.000 € - 23%
More information: http://www.investinspain.org