How to pay dividends with LLC in 2017

In companies with the legal form "Limited Liability Company" is supposed to pay dividends to the founders of the organization. This procedure is drawn up by the protocol of the council of participants, where shares from retained earnings are distributed. Based on this document, funds are issued through the cash desk of the enterprise or transferred to the settlement accounts of the founders.

You will need

• - balance sheet;

• - Norms of legislation on LLC;

• - articles of association;

• - withdrawal slip;

• - payment order;

• - minutes of the constituent assembly.

Instruction manual

1

The term for the payment of dividends should be specified in the charter of the company. As a rule, limited liability companies charge them to their members every quarter. The amount of cash depends on the share of the founder in the authorized capital.

2

Dividends are paid on retained earnings received by the company for a quarter or other period (which is specified in the charter). Interest is accrued to each of the participants depending on the share that he contributed to the authorized capital when creating the company. If an organization has bought some part, then dividends are not paid from it.

3

For the distribution of dividends, a board of participants is convened at which a decision is made on the shares and amounts of cash in the form of a protocol. The name of the Company and the city of its location are written on the document. The protocol is dated, numbered.

4

The first paragraph of the protocol will be the approval of the financial results of the enterprise for the quarter in the form of a balance sheet. The second is the allocation of five percent of net profit to reserve capital, which is recommended to be done in accordance with the norms of the legislation on LLCs.

5

In the third section, indicate the percentage of profit that each of the participants is entitled to. Write the amount of cash dividends. Enter the personal data of the founders.

6

Indicate the terms by which dividends should be paid to the participants of the company. As a rule, money is issued within a month from the moment the founders sign the protocol. Verify the document with the signatures of each participant.

7

Issue money to individuals from the cash desk of the company using a cash disbursement warrant. To legal entities (companies that have a stake in the Company) transfer dividends through the bank by printing a payment order.

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