Establishment of and support for branches and subsidiaries

Increasing globalisation and complexity

To support your planning, which includes tapping new sales markets abroad and adjusting operations in line with the increasing global economy, you are looking for comprehensive and competent advice in respect of the fiscal and economic aspects of such activities.

In our International Tax Consulting Division we work with you to create individual practical solutions for your inquiries in respect of international corporate activities. Our know-how means we can provide you with competent support in respect of double taxation risks and balance sheet statements in English in conjunction with our partners abroad.

Establishing branches and subsidiaries in Germany

A lack of understanding of the legal and fiscal structures in place in Germany and language barriers often make it difficult to know whether a decision in favour of a branch, a local representative or a subsidiary is appropriate in respect of performing business activities in Germany as a foreign entrepreneur.

To support you in your decision-making process, we provide a comprehensive overview of the basic fiscal structures in place in Germany, and draw up an appropriate model for your successful start in Germany.

We subsequently implement your company start-up.

On request we prepare the articles of association and memorandum, attend meetings with notaries on your behalf, open bank accounts, file applications with all the authorities and file an application on your behalf for a Germany tax number. The outcome is a company that has been properly established and registered in Germany.

We explain and talk you through the key international tax matters. Our partner law firm, whose staff also speak English, draws up employment contracts, general terms and conditions of business etc. where necessary, and provides advice in other legal matters.
In the case of the following ongoing support, which includes the classic tax consulting services such as financial accounting; payroll accounting; preparing annual financial statements; completing tax returns and representation at the financial authorities, further-reaching services are often required.

We provide support by preparing your accounting data for your internal Group controlling, and on request incorporate such data directly.

Our range of services also includes carrying out transfers to your suppliers and communicating with employees.

We draw your attention to tax risks, structure and plan fiscally recognised billing prices with you and your tax representatives at home.

At this stage you often require support for the launch of your products, or someone to start-up your office in Germany and temporarily manage it. Our specialists assume management tasks for a specific time, establish the market and perform M&A activities - something they have been doing successfully for many years.
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Our services for English and German language foreign companies at a glance:

• Consulting and planning to achieve the best possible launch in the German market
• Establishing the company in Germany including drawing up the articles of association and memorandum; registration with the financial authorities; representation at notary meetings; opening bank accounts and preparing opening balance sheets
• Clarification of tax matters in respect of double taxation treaties
• Fiscal optimisation of international billing pricing
• Reviewing problems involving international branches
• International factual assessment regarding the reimbursement of VAT
• Consulting in respect of seconding employees
• Drawing up employment contracts and articles of association and memorandum
• Dealing with the ongoing accounting, payroll computation
• Transferring salaries
• Reviewing invoices as to whether they meet fiscal requirements
• Preparing the monthly sales tax advance returns
• Ongoing review of tax notices
• Preparing annual financial tax returns and annual financial statements
• Rendering classic tax consulting services (link to 1c)
• Ongoing communication with the company's pertinent employees
• Consulting in respect of fiscal changes and organisational variations
• Communication with the financial authorities
• Drawing up the internal Group controlling
• Effecting all payments following consultation with the company management
• Assumption of management tasks for a specific time
• M&A
• Market establishment

If you would like to benefit from the experience and contacts of more than 80 company foundations, please arrange a non-binding initial consultation with us.