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Comment by bogdanu | Hacker News Reader

Have you considered moving to a EU country, especially from eastern EU, to pay lower taxes? For example, where I live, I only pay around 230 EUR per month for an income of 7k EUR/month (of which half of it is for pension and 50 eur for medical insurance).

In your case I think you'll be paying around 8% because you have a higher income and you'll need to start an actual company.

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How easy is it to get a job in eastern European countries? And how does one go about finding jobs if you are outside EU? I have tried a couple of job sites, but haven't received any leads. Appreciate any pointers.

Where do you live? How is that possible?

Romania. I'm registered as a "persoana fizica autorizata" (PFA), which has 2 types of taxation systems: - real (which means you're taxed ~40% based on how much you earn). - norma de venit, where you'll need to pay taxes for a fixed amount of money, even if you make less. This system is only for persons making below 100k eur/year, after that you'll be moved to the "real" taxation.

In op case, he exceeds the 100k limit and he'll need to register a company instead where there's a 3% revenue tax plus a 5% income tax.

This site [1] says self-employed (PFA) has an income tax of 16% and national insurance of 10.5% or 26.3%, and another 5.5% (I didn't understand that part very well).

Micro-LLCs [2] have a 3% (no employees) or 1% (1 to 3 employees) corporation tax and 16% tax on dividends.

1 - http://www.fnsadscagrostar.ro/centre-de-formare/item/1891-ce...

2 - https://taxsummaries.pwc.com/romania/corporate/taxes-on-corp...

Yeah, that's the real system, there's also "norma de venit" which is quite different - you'll pay for a fix amount per year.

Also, the dividend tax was lowered to 5%.

In Poland software engineers are able to pay 5% linear income tax if they can proove they do R&D and sell copyrights to their code. The rules seem to be quite loose in this regard and thus lots of developers qualify for the discount.

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