Overview Corona Emergency Aid (“Corona Soforthilfe”) could be applied for by companies and solo self-employed persons in the period from March 27, 2020 to May 31, 2020. Starting in mid-June…
Coronavirus
The German Federal Government extends Überbrückungshilfe III (Bridging Assistance III) until end of September 2021. According to a press release issued by the Federal Ministry for Economic Affairs and Energy…
The German Federal Ministry of Finance (BMF) is extending the existing tax equity measures in their temporal scope due to the effects of the coronavirus. Selected contents of the BMF…
Background and recent improvements to Überbrückungshilfe III (corona subsidy) Who can apply for the subsidy? Companies, solo self-employed persons, and freelancers with annual sales of up to EUR 750 million…
From January 1, 2021, certain questionnaires for tax registration must be submitted electronically Taxpayers must provide the relevant tax office with further information on the legal and factual circumstances relevant…
Under 4.16 of the FAQ of the Federal Ministry of Economics, (in German language only) a note was included that the Bridging Assistance (Corona-Überbrückungshilfe) is limited to a maximum of…
Dear customer, dear business friend As you can read in the press, public life in Germany will be severely cut back in November. The goal is to stop the uncontrolled…
Background Since the beginning of the Corona crisis, we have recently seen a recovery of the market for company acquisitions and sales (M&A), especially in the segment of medium-sized M&A…
Economic stimulus package of the German Government: Measures at a glance The German Federal Government agreed yesterday, June 3, 2020, on measures to stimulate the German economy as a response to…
Short-time allowance (Kurzarbeitergeld or KUG) during corona: FAQs A difficult economic development or an unpredictable event such as corona can make short-time work necessary in a company. The resulting loss…