What's better: employee or contractor?

It depends on many factors such as income level, deductible expenses, social security category, and contractor type. Our calculator compares all options based on the same cost to the company.

What is freelancer income taxed as salary?

When the conditions of article 12 §2(f) of the Greek Tax Code are met, freelancer income is taxed as employment income, without the right to deduct business expenses.

How are LLC taxes calculated?

The LLC pays 22% corporate tax on its profits. When distributing profits, the partner pays 5% dividend tax. Additionally, the manager's fee is subject to self-employed social security.

What is deemed income for sole proprietorships?

A statutory minimum taxable income can apply to sole proprietorships even when declared profit is lower. This calculator does not model that minimum, so low-profit cases need a separate check.

Employee vs Contractor Greece

How to read the comparison

Illustrative 2026 scenarios for a sole proprietorship with 15% expenses, 0 children and age 31+. The statutory minimum presumed business income is not modelled.

What does “same company budget” mean?

For employment, the budget includes gross salary and employer contributions. For B2B, it becomes contractor turnover before expenses, contributions and tax.

Why does the EFKA category matter?

A higher category reduces current take-home income but increases pension contributions. The displayed amount follows the selected tax year.

How are business expenses handled?

Enter expenses excluding EFKA. Paid EFKA is shown separately and is deducted from the estimated taxable profit of a sole proprietorship.

Is advance tax an extra annual cost?

It is mainly a cash-flow item credited against the following year, so it is displayed separately and is not deducted again from annual net income.

Why compare legal forms separately?

A sole proprietorship uses personal income-tax brackets. An IKE or partnership uses corporate tax and may also incur dividend tax.

When is employment better?

Net income is only one factor. Paid leave, severance protection, unemployment cover, administrative work and commercial risk can outweigh a small numerical difference.

Use the calculator above for personalized comparisons with different expenses, entity types, or family situations.

Employee vs Contractor Comparison (B2B)

Budget and business type

Employee tax details

Professional costs

Net income comparison

Employee

Contractor