Dividend payments are one of several legal ways to take profits out of an LLC. At its core, dividends are part of the net profit that an organization allocates to pay out to the founders of the company. Payment occurs in several stages. First, the participants in the company need to make a decision on the distribution of profits. It must contain the following data: the amount of profit and the period of distribution; proportions of founders during distribution; a list of participants who should receive payment with an indication of its amount; terms and form of payment of income.
There is a right to pay dividends disproportionately to the share in the authorized capital of the organization, but this must be specified in the charter. It is also important that the decision on payment can be made not only at the end of the year, but also in three, six, or nine months.
After the decision is made, a protocol must be drawn up with the following information:
date and number;
signatures of founders with transcript.
Do not forget that the organization has the right to pay dividends Germany WhatsApp Number List only if the amount of net income is greater than the authorized capital. The next step is to draw up a director's order for payment. Then the accountant, on the basis of the above documents, calculates the amounts indicated in them, draws up accounting entries.
Debit 84 Credit 70 - if the recipient of dividends is employed in the company;
Debit 84 Credit 75 sub-account "Settlements with founders" - in the case when the recipient of dividends does not work in the organization or is another company (legal entity).
Postings are dated according to the date of the relevant protocol (decision) of the founders (founder) on payment. Then there is, directly, the payment of the amount to the participants minus the tax withheld. Funds can be issued from the cash desk for cash settlement, or you can transfer money to the card (account) of the recipient by compiling a payment order.
It is necessary to withhold tax from the paid dividends no later than the 1st business day following the day of payment.
Personal income tax for individuals - 13% (clause 1 of article 224 of the Tax Code of the Russian Federation) for citizens of the Russian Federation and 15% (clause 3 of article 224 of the Tax Code of the Russian Federation) for foreigners;
income tax for legal entities - 13% (subclause 2, clause 3, article 284 of the Tax Code of the Russian Federation) for Russian companies and 15% (subclause 3, clause 3, article 284 of the Tax Code of the Russian Federation) for foreign legal entities.
For example, we will give the calculation of dividends with the STS%, the recipient will be an individual.