Our team provides comprehensive support and expert advice on all tax and financial matters:

 

For Corporations

Accounting Services

We provide full-scope services in all areas of accounting for foreign investors and German corporations.


Our services include:

  • Preparation of German GAAP financial statements
  • Preparation of Reporting Packages for Group Reporting
  • Advice on all aspects of statutory and tax accounting
  • Bookkeeping and preparation of monthly VAT returns
  • Payment management for German bank accounts

Tax Compliance Services

We take care of the complete German tax compliance process of your investment and provide specialised advice on all day-to-day tax questions of international investors and German corporations.


Our tax compliance services include:

 

  • Preparation of corporate income tax, trade tax and VAT returns
  • Communication with the Fiscal Authorities
  • Assistance with German Transfer Pricing Documentation
  • Group Tax Reporting
  • Management of Tax Audits

Tax Optimising

We help to tax-optimise the structure of your German investment and advise how you can use specific German tax saving opportunities.


Our advice includes:

  • Tax-efficient choice of legal form (GmbH, partnership, permanent establishment etc) and financing of your investment in Germany
  • Efficient use of tax and accounting electoral rights
  • Transfer pricing optimisation
  • Tax planning and forecasts
  • Arrangement for binding rulings of the German Fiscal Authorities
  • Negotiations with the Fiscal Authorities, appeal and court proceedings

Setting up a business in Germany

We advise international companies and entrepreneurs on the start-up of a German business or a subsidiary in Germany. We help to find the optimal legal and financing structure for your German business and assist you in the complete process of registering a company in Germany. We also advise on relevant non-tax aspects of your investment in Germany.


This includes the following:

  • Advice on pros and cons of different legal structures (GmbH, partnership, permanent establishment, etc)
  • Advice on tax efficient transfer of cash-flow to the shareholders
  • We can also provide and advise on all legal documents needed to set up and register the subsidiary (together with associated lawyers)
  • We advise on the acquisition of German target companies.
  • We help to arrange the financing for your investment.
  • We help to arrange for German and EU subsidies.
  • Preparation of business plans and forecasts

Payroll Accounting

We take care of the payroll accounting for German subsidiaries and optimise the wagetax and social security burden of expatriates and local employees.


Our services include:

  • Wage and salary administration
  • Filing of all wagetax and social security returns
  • Tax advise for expatriates when moving in and out of Germany
  • Tax optimised management participation structures
  • Tax optimised employment income structuring (company car, incentives, etc)
  • Management of wage tax and social security audits

For Private Clients

German Tax Returns

We prepare all necessary tax returns and advise on the optimal exercise of electoral tax laws. We help to assert your interests vis-à-vis the tax authorities.


Our tax services include:

  • Preparation of income tax returns
  • Preparation of tax returns for non-trading asset management partnerships
  • Preparation of tax returns for non-trading investment vehicles 
  • Determination of taxable income and cash flow accounting
  • Inheritance and gift tax returns and tax valuation of assets
  • Management of the complete tax compliance process and correspondence with the tax office

Please find a helpful checklist for the documents that will be required to prepare your German Income Tax Returns here.

The fees for our tax compliance services are based on the federal decree regarding the fees of tax advisors and our usual hourly rates. The preparation of a standard German Income Tax Return of salary income with some foreign language documents generally triggers costs of approx. € 700-1,000 (plus VAT). In case complex relocation or double household costs need to be considered additional time is needed leading to additional costs of approx. each € 300-500 (plus VAT).

Tax Advice and Optimising

We help to optimise your tax burden and provide advice on how to structure your transactions in order to minimise tax and other costs. We aim to find easy solutions that reflect your personal needs - and provide for tax efficiency.


We advise you on:

  • the tax implications of moving to Germany and moving out of Germany
  • structures to avoid expatriation taxation of equity investments (Wegzugsbesteuerung)
  • tax efficient set-up of contractual agreements
  • questions on international tax law
  • gift and inheritance tax optimisation and planning
  • the tax-optimal design of succession and wills
  • negotiations with the Fiscal Authorities, appeals and court proceedings
  • personal tax planning and optimisation

Tax Aspects of Private Wealth Planning

We advise on the tax aspects of private wealth planning and investment strategies and help you to structure your assets in a tax optimised way.


Our advice includes:

  • Tax optimised financial planning
  • Acquisition and sale of capital investments
  • Acquisition and sale of equity participations
  • Real estate investments

 

© 2013 FMT Tax Advisors & Accountants, Frankfurt, Germany