Rent a company with dividend payout

[Tdcarl75]

Hello!

Is there a companyservice similar to Winglio that has a dividend payout system instead of salary?

Dividends are taxed less where I live.

 

[kokunut]

Have you asked them if they are able to help you?

There are tons of‌ services like the one mentioned i.e. https://rentacompany.com/

also check this thread

 

[solotisorin]

Interested in this

 

[Tdcarl75]

Winglio don't do it and rentacompany.com reviews aren't that good. Anyone knows of︂ any other companies like this?

 

[daniels27]

I guess you just open a company‍ yourself. The problem with dividends is that they are most often paid out in relation⁠ to ownership. While possible with different ownership classes in some countries, it is much more⁤ difficult to structure it so that everybody can get his appropriate share of dividends.

 

[Tdcarl75]

Unfortunately single person owned⁤ company dividends are paid like salary here. I am looking for a multi person company⁣ to get dividends from. Any suggestions?

 

[daniels27]

Should not be too hard to set up with some nominees and classes of shares.⁠ Depends a bit which country you are in as there may be more options depending⁤ on withholding tax reduction by treaties.

 

[Tdcarl75]

Need about ten persons to have it setup as a non single person company here.‌ Would be nice if there where a service for this.

 

[daniels27]

But what turnover are we talking about?

 

[Tdcarl75]

Equivalent of 80k-100k USD

 

[daniels27]

Per year? Not too much room.‌ But du you know 10 others from your country?

Do you know which one? Maybe‍ they are others here?

 

[Tdcarl75]

I would prefer a service like Winglio but to get divided instead. But I can't‌ find any.

 

[EliasIT]

You'll have a hard time finding a company that offers that option, at least among‌ those specializing in invoicing solutions for small businesses. Maybe you should consider setting up your‍ own company instead; that way, you can do things exactly the way you want.

 

[daniels27]

As explained there is probably none that does‍ this. Dividends are paid out as a reward for capital contributions to a company. You⁠ would need to be an owner and own a share in most countries. As such⁤ company would need dozens of clients with each different payout, they would need dozens of⁣ share classes to accommodate for different payouts. Then comes the problem that many counties to⁢ not allow interim dividends, i.e. you would only be able to get dividends after the︀ fiscal year is over and only once per year. And then comes the next issue︁ that the company would have to pay taxes on the profit first before paying dividends.︂ And what is next? Withholding taxes. Cool.

Maybe a silent partnership structure would do the︃ job. But not many counties allow that. And those who do must often have withholding︄ taxes. Hence it would be good to know where you want to receive them.

In any case bespoke setups are possible. But probably not worth at such low income level︅ unless you do all by yourself in your free time.