How do you Pay Yourself (Salary vs Draw)
Hi everyone,
After 15 months, my SaaS bank account has enough balance for me to start receiving monthly compensations.
Also, I am struggling to find out the best way to pay myself (my company is US-based, and I am from Brazil).
I've read this article about Salary vs Draw: https://bench.co/blog/accounting/owners-draw/
Do you people have any advice to share?
Congrats on the success :)
But you can't pay yourself a salary since you're not from the US. But you can pay yourself as a contractor. This is what I did.
Or you can use a service like Deel.com and pay a salary.
Good to hear that! Thanks for sharing, @yxngdano, I will check with Deel ;)