Tax consultancy for corporate law issues: Tax structuring for partnerships and corporations
- Concepts for a reduced tax burden (1.5% and less)
- Legally binding statements by the tax authorities
- Considerations of other legal fields in order to achieve the best possible results
Thomas Breit
- Expert for tax optimization
- Experience with 3,500 mandates
- Tax consultant since 2006
Our services as tax consultants for corporate law
Minimize taxes on profits to 1.5% or even less (for a period of 7 years)
We can help you reduce the taxes on your profits to a minimum of just 1.5% for the next 7 years.
Minimize tax rates on profits to 14% (for an indefinite period)
Following our advice you will be able to permanently reduce the tax rate charged on your profits to 14%. This favorable tax rate will apply for an indefinite period of time.
Optimize the tax burden on disposal
The concepts developed by us guarantee that the disposal of your company will be taxed at a rate of just 1.5%.
Reducing taxes on profit distribution
Instead of your usual income tax rate, we can ensure that taxes on profit distribution amount to just 1.5%.
We do not offer the following services
Routine accounting services
We are not the right partner if you are looking for a tax advisor to take care of your routine tax returns or payroll accounting. We focus on complex tax structuring and tax planning (set link to home page) for companies that require highly sophisticated solutions.
Providing answers to individual unrelated tax issues
We do not deal with isolated corporate law questions. Instead, our approach is to offer holistic tax structuring and consultancy for companies that wish to implement a long-term tax-optimization project.
Profit below EUR 500,000
Furthermore, we do not provide our services to companies that have less than EUR 500,000 profit. Our concepts are devised for companies with a certain minimum size. For smaller companies, the cost-benefit ratio would be unfavorable.
How can you benefit from our tax consultancy services for corporate law?
No standard solutions
Irrespective of your company’s legal structure (AG, GmbH or other type of company, you can rest assured that we have the expertise to develop a legally compliant and individual tax-optimizing concept that is tailored to your needs. In doing so, we will consider your specific circumstances, rather than pulling a ready-made concept off the shelf.
Legal certainty
We attach great importance to legal certainty and the sustainability of our tax structuring concepts. We only work with German and European legal company structures and avoid dubious tax havens in the rest of the world. By obtaining a legally binding statement from the tax authorities, we ensure that your tax affairs are dealt with in accordance with all ethical principles and legal provisions.
A wealth of experience
Our extensive expertise in corporate law covers more than 30 different company types, while our long-standing experience allows us to judge reliably which type of company is best suited to the case at hand.
Tax consults for corporate law issues: Case study
Situation at the outset
Mr. K. is the sole shareholder and managing director of V-GmbH with approximately 10 employees and profit of about EUR 120,000. Mr. K. wants to keep open the possibility that his daughter may continue running the company, but would also like to consider the option of selling it.
How did we solve the issue?
Mr. K. asked us to plan a new corporate structure for V-GmbH. The main objective of the restructuring was to enable long-term asset accumulation and to achieve the lowest possible tax rate for the current taxes on the company’s profits. Furthermore, the new corporate structure was supposed to allow for the tax-optimized and flexible transfer of the company to either the daughter or a potential buyer.
We set up a holding with two subsidiaries and V-GmbH was transferred to one of these subsidiaries, also a GmbH (limited liability company). The shareholding in V-GmbH was contributed to a holding partnership while maintaining the legal identity of V-GmbH intact.
What advantages does this have?
Tax structuring
Transfer into a holding structure
No waiting period applied to the shares in V-GmbH
Interim valuation approach
Tax exempt distribution potential
Subsequent sale of “New V-GmbH”
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.