Apologies, but I do not speak Estonian.
I am considering moving to Estonia, creating an OU, and trading stocks from there to reduce my taxes. The 0%-25% tax structure could be phenomenal for compounding profits. Also, Tallinn seems like a very livable city.
As a one man OU, are you allowed to pay in dividends only? If a salary must be paid, the higher this number is, the less appealing 0%-25% becomes.
So far I’ve found 3 conflicting interpretations of the tax law:
1. You do not have to pay yourself a salary. You are allowed to withdraw only dividends.
2. You must pay a salary, but it can be the minimum wage.
3. You must pay yourself a salary in an amount that is commensurate with your profession.
In the case of #3, how much should a trader managing his own money be paid? Trading is my only source of income.
There are also several articles about the Estonian tax authority suing one man OUs but never winning a case. As many others say that dividends may not replace salary.
Thank you in advance for your help.