Accrual and payment of dividends

Dividends are a part of the company's net profit, which is distributed among its shareholders (participants) in proportion to the share of their ownership of shares (shares in the authorized capital). Payment of dividends is a right, not an obligation of the company. The decision on the payment of dividends, as well as their amount and payment procedure, is made by the general meeting of shareholders (participants) of the company.

Errors are possible when calculating dividends

Errors in the calculation of dividends can have serious consequences, both for the company and for its shareholders (participants). The most common mistakes:

1. Incorrect determination of net profit: when calculating the net profit from which dividends are paid, not all expenses and liabilities of the company can be taken into account.
2. Incorrect calculation of the shareholder's (participant's) share: the amount of dividends due to the shareholder (participant) may be calculated incorrectly, which will result in him not receiving or exceeding the due amount.
3. Violation of the terms of payment of dividends: they may not be paid in the terms established by the law or the statutory documents of the company.
4. Improper taxation of dividends: dividends paid to shareholders (participants) may not be subject to income tax and other tax obligations may be violated.

Consult on issues of accrual and payment of dividends

How can a competent accountant help calculate dividends correctly?

A competent accountant has the knowledge and experience necessary for the correct calculation and payment of dividends. It will help you:

• Determine the net profit of the company from which dividends can be paid.
• Correctly calculate the share of each shareholder (participant) in the net profit.
• Draw up minutes of the general meeting of shareholders (participants) on the payment of dividends.
• Issue settlement documents confirming the payment of dividends.
• Ensure compliance with all requirements of the law regarding the calculation and payment of dividends.

Contact "Prykhodko and partners": the calculation of dividends will be competent and transparent

The legal company "Prykhodko and partners" offers a wide range of services in matters of accrual and payment of dividends. Our specialists have extensive experience in this field and will help you avoid mistakes related to the payment of dividends.

We offer:

• Consultations on the calculation and payment of dividends.
• Analysis of the company's statutory documents and legislation.
• Development of the protocol of the general meeting of shareholders (participants) on the payment of dividends.
• Calculation of dividends belonging to each shareholder (participant).
• Preparation of settlement documents confirming the payment of dividends.
• Representation of the client's interests in state authorities and control bodies.

By contacting "Prykhodko and partners", you can be sure that the calculation and payment of dividends of your company will be carried out competently, transparently and in compliance with all legal requirements.

We carefully take into account all the personalities of your company and thoroughly study the documentation in order to calculate dividends competently and honestly.

If you want to get advice or find out the cost of calculating and paying dividends - fill out the form below.