Structure
A limited company is a separate legal entity. Its profits are taxed at 23% corporate tax. Dividend distribution - additional tax 25%-30%.
Total burden
Total tax burden (company + dividend): about 42%. Compared to an individual: up to 50% + social security.
Important Note: The information on this website is for general informational purposes only and does not constitute professional tax advice. Consult a qualified tax advisor before making financial decisions.