Tax consultant for company disposals: Reduce tax burden to 1.5%
- Sell your company and pay 1.5% tax or less
- Avoid tax risks by devising a legally sound concept
- Generate a high disposal gain while paying minimal taxes
Thomas Breit
- Expert for tax optimization
- Experience with 3,500 mandates
- Tax consultant since 2006
Our services as tax consultants for company disposals
Reduce your overall tax burden to no more than 1.5%
We manage to reduce the overall tax burden on company disposals to the astonishingly low rate of just 1.5%.
Legally watertight solutions
As we obtain a written and legally binding statement from the tax office you can rest assured that our proposals are legally watertight.
International tax consultancy
Let’s assume you are planning to sell your company with business units in several countries. Such a cross-border sale presents numerous tax-related challenges that require sound international tax advice.
Maximize sales proceeds
If the purchase price of your company is in the range of 8-12 x the annual net profit, a sophisticated tax concept can generate substantial tax savings.
Our aim is to reduce your tax burden despite a high purchase price thus enabling maximum returns.
We do not offer the following services
We do not provide answers to individual unrelated tax-related questions
Please note that we do not provide answers to individual tax issues regarding company disposals that are not part of a larger project. Our services focus on rendering comprehensive advice and providing support during the entire disposal process.
Order volume of less than EUR 20,000
Our hourly rates take account of the effort and the expertise required to render comprehensive tax advice for company disposals. If the order volume is less than EUR 20,000, the added value from our services is usually not economical in relation to the hourly rates we charge.
How can you benefit from our tax consultancy services for company disposals?
Taxes play a crucial role in structuring and carrying out company disposals. It is therefore important to analyze and consider the tax-related consequences right from the start.
When disposing of a company, rather than merely reviewing one’s own tax situation, the entire structure of the deal must be tax-optimized in order to facilitate the sales process or render it feasible. Our project team is excellent at developing individual tax concepts that cover all these aspects.
Substantiated company valuations
To ensure that you do not sell your company below value you need to know the exact value of your company. Thanks to our longstanding expertise we can carry out a thorough and accurate valuation of the company, helping our clients to negotiate an appropriate purchase price and benefit to the largest possible extent from the disposal.
Legal certainty
Our tax consultancy office can obtain a legally binding statement from the tax authorities on your behalf to ensure that all tax provisions and laws are complied with. Thus we ensure that your transaction is legally sound and that potential risks or conflicts are avoided.
Experience
In more than 23 years of offering tax advice for company disposals we have gathered extensive experience and developed tried and tested strategies. We have accompanied numerous successful transactions and have the know-how required to guide you through the entire disposal process.
Tax consultant for company disposals: Case study
Situation at the outset
Mr. S wants to prepare the sale of his company Z-GmbH. The company currently generates profit of EUR 3 million per year, which would mean that a purchase price of about EUR 30 million would be adequate.
How did we solve the issue?
In order to keep Mr. S.’ tax burden low, we established a two-tier GmbH structure (holding with a parent-subsidiary structure).
Mr. S. set up an S Family GmbH that holds all the shares in the successful Z-GmbH. This structure would make it possible to sell Z-GmbH, while the tax burden for S Family GmbH would amount to a mere 1.5%. S Family GmbH is thereafter wholly owned by Mr. S.
What is the objective?
The objective is to prepare the future sale in the most tax-efficient way for Mr S.
What advantages does this have?
Common questions regarding Thomas Breit Tax Services
What does the consultation cost?
My consulting services are billed by the hour (Thomas Breit: EUR 580 net/hour, employee: EUR 380 net/hour). The analysis and your objectives will determine which concept is the best fit for your needs. The total cost of implementing this chosen concept will depend on the actual amount of time needed for the implementation. An advance of EUR 20,000 plus statutory VAT is payable when the order is placed (equivalent to the minimum fee). This advance is enough to finance the smallest project. A cost-benefit analysis always comes before concept and implementation.
My fees are generally financed by the tax savings you achieve. The return on investment is between six months and no more than two years.
Additional costs may be incurred for court fees, notary costs and an expert for corporate law, depending on the project.
Can I work together with my own lawyer/notary?
We can of course work together with your usual partners. Should you need experts, we have a good network of corporate law experts and notaries.
Do I have to transfer my entire mandate to Thomas Breit Tax Services?
No, we only work on a project basis. We do not offer any financial or payroll accounting as we are highly specialized. In some cases, however, it makes sense for us to prepare your annual financial statements incl. tax returns for the years around the restructuring. We will then return these tasks to your tax consultant and draw attention to the particulars.
Has there ever been a case of poor advice being given?
No, never. 3,500 cases in 23 years – no slip ups.
How long does it take to develop a concept?
Developing a concept can take between three and eighteen months, depending on the project. In rare cases, it may take as many as three years to implement a concept.
Will you answer my other tax questions?
Yes and no.We are basically able to answer any questions concerning tax law. However, many of these questions can be answered just as well by other tax consultants with lower hourly rates, which is why we recommend you retain your usual tax consultant for such questions.
Why can’t other tax consultants do what you do?
My expertise covers every legal aspect of civil law, such as private law, company law, commercial law, international tax law, inheritance law and much more. In a way, you can compare it to a general practitioner who knows about the heart but is not able to perform heart surgery. I am the cardiologist among tax consultants and my specialty lies in providing comprehensive advice that goes beyond tax law itself.