When you want to take over another company, the employees are often the ones that can tip the scales in one direction or another. Most buyers would prefer to get rid of unprofitable employees and keep profitable ones. But is it as easy as that for you as a business...
You have just founded a GmbH and are wondering whether you should transfer your private car to your GmbH? Are there any tax benefits you can claim here or is this a “tax trap” that you need to avoid? My short answer: When transferring your own car to the GmbH, the...
In one out of three cases of insolvency, the managing director fails to file the request for insolvency in good time (often unintentionally). The consequences can be devastating: as the managing director you are personally liable, and in the worst case you may even...
Does the profit you make every year shrink because part of it falls victim to trade tax? What exactly is this tax? And are there ways to cut how much trade tax you pay? Although (almost) all of my clients pay it, many entrepreneurs do not know what the purpose of...
![The three biggest mistakes in GmbH profit distribution [explained simply]](https://www.steuerberatung-breit.de/wp-content/uploads/2021/10/gewinnausschuettung-symbolbild-1.jpg)
Are you the owner or shareholder of a limited liability company (GmbH)? Then you are entitled to a share of the company’s profits. But how does the actual distribution of profits work? Are any shareholders’ resolutions necessary for this or can you simply have your...
Are you the owner of a limited liability company (GmbH) and at the same time its managing director? Then, in addition to any annual dividend, you will also receive a monthly managing director’s salary. But, how do you determine the salary amount? Do you have...
Are you the owner of a partnership such as a civil law partnership (GbR) or a general partnership (oHG) and would like to transform your business into a limited liability company (GmbH)? Perhaps you have heard about accrual (Anwachsung) in this context, but you don’t...
You are the proprietor of an oHG (general partnership), KG (limited partnership) or GmbH & Co. KG (limited partnership with a GmbH as general partner) and are looking for ways to optimize the high tax burden on your profits? For exactly this purpose, the option...
You have already heard about European company forms such as an SE or EEIG and ask yourself if you could benefit from changing your current legal form? Are there any tax advantages, you could gain from this? And how are they actually different compared to German legal...
Are you a company owner and considering whether you should draw up a business will to protect your partners and heirs in the event of your death? Is this really worthwhile or is drawing up a business will an unnecessary expense? My short answer: Yes, every company...
The best tips on tax structuring and succession planning:
