Latest Posts in the WINHELLER Blog:

Competencies of the German Foundation Board: Considerations for Founders when Drafting the Articles of Association

Nov 14, 24 • Assets, Foundations, Succession • No Comments • Boris Piekarek

Foundations, both charitable and private family foundations, typically have both a board of directors and a foundation board. The latter is often also referred to as a board of trustees, supervisory board, administrative board or similar. Strong and weak foundation boards […]
German Family Foundations with Foreign Beneficiaries: Beware of Tax Traps!

Nov 8, 24 • Assets, Foundations, Succession • No Comments • Stefan Winheller

Managing and planning international wealth through foundations is a complex task, posing a myriad of legal and tax challenges. This is particularly true for German family foundations with beneficiaries who are tax residents abroad, as they often face specific issues. To […]
Cryptobusiness Models: Germany, Estonia, or Liechtenstein?

Nov 1, 24 • Banking Regulations, Digital Currencies • No Comments • Dr. Annette Wagemann

Caution when setting up a business in another EU country In the recent past, Estonia and Liechtenstein have surfaced as enticing locations for the initiation of companies, especially within the realm of innovative finance and cryptobusiness models. These nations lure entrepreneurs […]
Exchange Program for Frozen Assets in Russia

Oct 8, 24 • Assets, Foundations, Succession • No Comments • Alexander Romanov

German and European investment funds and family offices with frozen securities The escalating geopolitical tensions arising from Russia’s incursion into Ukraine and the ongoing conflict have resulted in a substantial freeze of Russian investors’ assets in the West, as well as […]
EU Yacht Export: Customs and Tax Regulations

Oct 2, 24 • International Tax Planning • No Comments • Stefan Winheller

Yachts, often regarded as the playthings of the affluent, are frequently produced in European countries such as Germany, the Netherlands, and Italy. These nations are home to luxury shipyards like Lürssen in Bremen and Blohm + Voss in Hamburg, where the […]
MiCAR: Updated Regulations for Cryptocurrency Issuers Effective from 30.06.2024

Sep 18, 24 • Banking Regulations, Digital Currencies • No Comments • Dr. Annette Wagemann

Since June 30, 2024, the German Financial Supervisory Authority BaFin has been overseeing issuers of ART (as per Title III of MiCAR) and EMT (as per Title IV of MiCAR), ensuring their compliance with the provisions of the MiCAR (Markets in […]
Thailand’s New Tax Rules: How They Affect Foreign Income

Sep 12, 24 • International Tax Planning • No Comments • Stefan Winheller

Thailand, while a favorite vacation spot for many Germans, also holds allure for expatriates. Tax amendments in Thailand Thai income tax rates, although not exceedingly low, are unable to contest with rates in conventional tax havens like Dubai. These rates fluctuate […]
Crypto Business Models in Germany: No License? No Crypto ATMs!

Sep 10, 24 • Banking Regulations, Digital Currencies • No Comments • Dr. Annette Wagemann

The German Federal Financial Supervisory Authority (BaFin) has issued a fresh reminder via a press release, highlighting the stringent regulatory requirements for operators of crypto business models in Germany. Services encompassing trading, custody, and advising in relation to cryptocurrencies are particularly […]
Cashing out Cryptos in Germany: Proof of Origin Necessary

May 13, 24 • Cryptocurrency taxation, Digital Currencies • No Comments • Stefan Winheller

Crypto investors looking to convert their digital currencies into fiat money, such as U.S. dollars or euros, and transfer the proceeds to their bank account, face the challenge of providing a proof of origin. This proof is essential to avoid suspicion […]
Private Handwritten Will in Germany

May 10, 24 • Inheritance Law • No Comments • Johanna Rengel

Essential considerations when creating a handwritten will The issue of what should transpire with one’s assets after one’s demise is one that eventually concerns many individuals. The larger the assets and the more offspring there are, the more challenging decisions become. […]