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How to Pay Yourself as a Freelancer in 2025 (Without Getting Crushed by Taxes)

A remote freelancer in 2025 receiving international payments using legal business structures and borderless accounts
Freelancers in 2025 using smart tax strategies and global tools like doola and Wise to legally pay themselves and reduce income taxes.

How to Pay Yourself as a Freelancer in 2025 (Without Getting Crushed by Taxes)

In 2025, freelancers are earning more than ever — but many are unknowingly giving away huge chunks of that income to unnecessary taxes. If you're working with international clients, getting paid in multiple currencies, or using platforms like Upwork, Fiverr, or Deel, it's time to rethink how you pay yourself.

Common Freelancer Payment Mistakes

  • Getting paid into a personal bank account with no tax planning
  • Not separating business and personal income streams
  • Missing out on deductions and expense tracking

Smart Ways to Pay Yourself in 2025

Here are strategies the smartest freelancers are using today:

  • 1. Set Up an LLC or Global Entity: This lets you bill clients professionally, reduce liability, and deduct business expenses. You can use doola to set one up in minutes — no U.S. citizenship required.
  • 2. Use a Borderless Payment System: Avoid bank fees and hold your money in USD, EUR, or GBP with Wise. It’s the go-to for global freelancers.
  • 3. Pay Yourself a Fixed Salary + Distributions: This hybrid model is key to lowering self-employment taxes and maintaining steady income flow.

Related Money Optimization Reads

Bottom Line

Freelancing gives you freedom — but it also means you're responsible for your income strategy. If you're still using a personal account to get paid, you're leaking money.

Ready to earn smart and pay yourself the right way? Form your LLC with doola and use Wise to take control of your global income like a pro.

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