The underlying idea is: holding company hires a director to the operating company and therefore sends an invoice. The director is employed by the holding company and is therefore on its payroll. Holding therefore transfers wages to the employee, the director, and pays wage tax following the wage declaration that the Bookie submits.
In brief:
- Entrepreneur sends invoice from Holding admin to Operating company admin.
- Operating company pays invoice from Holding and includes it in admin of operating company
- Bookie prepares a pay slip from/for the DGA of Holding and submits the pay slip to the Tax Authorities
- Holding pays wages to DGA (personal account) and pays payroll taxes to the tax authorities, based on information provided by The Bookie
Since you have to complete these tasks every month, we recommend that you put them recurring in your calendar at the end of the month. This way you avoid missing a deadline and getting a fine.