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You can pay yourself a salary. This doesn't count as 'distributing income' and is taxed according to the laws of your residence location. That being said, if y
by Andrew_nenakhov 6y ago
You can pay yourself a salary. This doesn't count as 'distributing income' and is taxed according to the laws of your residence location.
That being said, if your salary will be more than 80% of corporate expenses, that might attract unwanted attention from tax service.
- PeterisP 6y agoIn general, paying out dividends would have a lower total tax rate than paying the same amount to yourself as salary.
- Andrew_nenakhov 6y agoTrue, but not everywhere. In my particular country it would be far lower due to some loopholes.