Pr贸-labore Calculator
The owner's salary: INSS of 11% and deductions from Simples Nacional.
What is Pro-labore?
From Latin \"for the work,\" pr贸-labore is the official remuneration that the managing partner receives from their own company for working there on a daily basis. Do not confuse it with Profit Sharing! Profit sharing is exempt from income tax, but pr贸-labore is subject to taxation.
The Rules of the National Simple
If your company is under the Simples Nacional (in the vast majority of conventional trade and service annexes), the INSS rule for partners is different from that of CLT employees. Instead of a table full of various percentages, your INSS as a business owner is taxed at a fixed rate of11%(limited to the Social Security Cap).
After applying the 11%, accounting is also required to withhold your Income Tax (IRPF) at the source following the same table as all Brazilians. Our calculator makes these two crucial withholdings to reveal the clean money that can be transferred from the corporate bank account to your personal account!