except most of it goes to tax, when you want to transfer money from your company account to personal.
In case of Sweden, minimum %54 to pay salary to yourself from your contract/freelancing company. Then you pay %25 VAT when you buy anything. As an individual, you would pay a hefty %76 marginal tax in Sweden from that base earning.
That also explains why salaries are lower. Because there are hidden costs to employer.
54% is maximum and if you have your own company you can optimize that.
76% marginal tax is incorrect.
25% VAT isn’t added on everything.
Freelancing in Sweden is definitely a path for becoming wealthy.
Our rates are up to €100 an hour. The minimum rate we’re currently working at is 60