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Where in Europe, parental leave is very different from country to country. It is difficult to say, as a consultant you normally focus on keeping the tax down, which means less salary each month and more dividends, and the dividends part works very different in the different countries. You also need to remember that you will have to pay for your own pension, as well as your salary during vacations. With that said, I am a freelance consultant in Sweden and bill 120 euro per hour and have always had full-time engagements.