Salary or dividends
What reaches your hand from the money the company has, three ways, and why the answer turns on a rule about contributions rather than on a tax rate.
Salary, dividends, or both
Every rate below is read from the ledger in the founder compensation guide, which is where the numbers are sourced and re-checked.
What the company can spend on paying you, before any tax or contributions.
If yes, contributions on a minimum wage base are due whether or not anyone is paid.
Minimum wage plus dividends puts the most in your hand: EUR 46,669.59 of EUR 60,000.00, which is 77.8% of what the company spent. It is ahead of the next route by EUR 1,222.25.
- Gross salaryEUR 48,547.62
- Employer contributions(EUR 11,452.38)
- Employee contributions(EUR 5,097.50)
- Personal income tax(EUR 9,396.78)
- Contributions the director rule makes due anyway(EUR 3,190.82)
- Corporate income tax on the distribution(EUR 11,361.84)
- Dividend in handEUR 45,447.34
- Gross salary at the minimum wageEUR 9,360.00
- Employer contributions(EUR 2,208.02)
- Employee contributions(EUR 982.80)
- Personal income tax(EUR 453.19)
- Salary in handEUR 7,924.01
- Corporate income tax on what is left(EUR 9,686.40)
- Dividend in handEUR 38,745.58
The all-dividends column carries the contributions the director rule makes due anyway. That is why the mixed route wins by a fixed sum rather than a percentage: the minimum wage buys pay with money that was leaving regardless. This assumes one founder, no other income and no dependants. A company with no distributable profit, or with investors who take their share of any dividend, has only the salary column.
Every rate above is read from the ledger in How to Pay Yourself From a Latvian Company, last checked 18 September 2026. That guide carries what a calculator cannot: who each rule does not apply to, what changes above a threshold, when a declaration is required, and what the figure is not.