Relocating accounting operations abroad: regulations and how to avoid penalties German regulations on the relocation of electronic invoicing have become more flexible in recent years. Companies can now maintain and manage electronic books and records not only within the EU/EEA, but also in other countries, provided that the legal requirements are met. These include countries such as the USA, Switzerland […]
§13a Inheritance Tax Act 2026: Business succession – between tax relief and constitutional risk Business succession is not only a matter of family, leadership, and strategy, but also a key tax decision. Section 13a of the German Inheritance Tax Act (ErbStG) can significantly reduce the tax burden on business assets in the event of inheritance or a gift—provided that the […]
E‑Invoicing from 2025: Requirements, Transitional Regime and Practical Impacts As an entrepreneur or service provider, you inevitably have to deal with invoices. However, starting from 2025, businesses must observe changes because of the e-invoicing obligation. This article deals with these innovations and further information. Paper invoices and e-invoices Invoices are part of day-to-day business for entrepreneurs, service providers and customers. […]
Inheritance in Germany: allowances for less inheritance tax Usually, anyone who experiences a death in the family also deals with inheritance. In Germany, inheritance is subject to tax. However, there are allowances that vary depending on the degree of relatedness and the amount of the inheritance. These allowances make it possible to pay less levy. This article explains the various […]
Growing digitally: Our presence at JTL Connect 2024 Dear readers, We are pleased to announce that we will be participating as a digital tax consultant at the JTL Connect 2024 which will take place on September 27, 2024. The event will showcase the latest developments in e-commerce. It enables an exchange on important tax aspects in the digital age. As […]
CBAM 2023 guide: Obligations, reporting and strategies From October 1, 2023, the Carbon Border Adjustment Mechanism (CBAM) will bring new statutory reporting obligations for energy-intensive imported goods. This blog article sheds light on the background, affected companies and their obligations under this EU regulation. Climate protection, and in particular limiting global warming, is one of the greatest challenges of our […]
Private wallbox: tax-free charging at home The wallbox is a charging device for fast charging in the own four walls. Anyone who drives an electric car or hybrid vehicle as a company car and is also allowed to use it privately is often faced with the question of whether it is worth having their own charging device, because connecting it […]
How Japanese managers in Germany can overcome challenges Japanese expat managers in Germany face challenges with culture, language, colleagues, clients, authorities, and requests from the headquarter. Japanese managers often become department heads or chief financial officers without a technical background. Japanese companies prefer this challenging environment to find the best candidates for advancement: either with our withour success. This article […]
Starting a business in Germany as a foreigner: the GmbH Starting a business in Germany? Consider the popular option of Gesellschaft mit beschränkter Haftung (GmbH), which stands for Limited Liability Company. This article outlines necessary steps and a typical timeline and costs to establish a GmbH. Options to establish a company in Germany Various options exist to opening a business […]
Inheritance and gift tax Germany: all you need to know Inheritances and gifts with a foreign link are becoming more common, including implications on inheritance and gift tax in Germany. This occurs when someone involved in the process resides in another country. Transferring assets in a different country can also cause this to happen. For example, this could include a […]
