Free Umbrella Company Simulator 2026

Convert your daily rate to net salary: management fees, charges and tax

Parameters

Daily rate (TJM)

Working days per month

Management fees

Usually between 5% and 10%

Monthly meal expenses

Monthly transport expenses

Paid leave provision

Employer charges

Employee charges

Marginal tax bracket

Net before tax

3 913 €

/ month

Net after tax

2 856 €

/ month

Revenue to net conversion rate

43.5%

Rate after income tax 31.7%

Waterfall breakdown

Revenue9 000 €

Management fees (8%)- 720 €

Professional expenses- 178 €

Paid leave provision (10%)- 828 €

Employer charges (45%)- 2 258 €

Gross salary5 017 €

Employee charges (22%)- 1 104 €

Net before tax3 913 €

Income tax- 1 057 €

Net after tax2 856 €

Revenue breakdown

Comparison with self-employment

For the same revenue

Indicative comparison, social protection differs between statuses.

How does umbrella company work?

Umbrella company (portage salarial) is a hybrid status between freelance and employee. You invoice your assignments through an umbrella company that pays you a salary after deducting management fees and social charges.

Employee status

You benefit from employee social protection: unemployment, pension, health insurance, disability.

Freelance freedom

You choose your assignments, clients and rate. The umbrella company handles administration.

Management fees

The umbrella company charges 5-10% of revenue for management and billing services.

From daily rate to net salary

The conversion from daily rate to net salary follows a waterfall: gross revenue → management fees → professional expenses → paid leave → employer charges → gross salary → employee charges → net before tax.

Umbrella vs self-employed

Umbrella company offers better social protection (unemployment, pension) but a lower revenue-to-net conversion rate (~45-50% vs ~70-75% for self-employed). The choice depends on your need for security and revenue level.

Frequently asked questions

What daily rate for what net salary?▼

As a rule of thumb, the conversion rate is 45-50% of gross revenue. For a €500 daily rate and 20 working days, monthly revenue is €10,000 and net before tax is approximately €4,500-5,000.

What are the management fees?▼

Management fees vary from 5 to 10% of gross revenue depending on the umbrella company and included services. Some companies offer degressive fees based on revenue volume.

Can professional expenses be deducted?▼

Yes, professional expenses (meals, transport, equipment) are deducted from revenue before calculating social charges. This reduces your contribution base and increases your net.

Does umbrella company qualify for unemployment?▼

Yes, that's one of the main advantages. You contribute to unemployment insurance and can receive benefits between assignments, subject to conditions.