Latest Posts in the WINHELLER Blog:

German Corporate Liability Act: Internal Investigations Are Worthwhile for Companies!

Jul 3, 20 • Compliance • No Comments • Bartosz Dzionsko

For a long time, there was silence about the “Law on Combating Corporate Crime” agreed in the German coalition agreement. The Federal Ministry of Justice has now presented a revised draft law under the new name “Law to Strengthen the Integrity […]
Cookie Permissions Must Be Actively Ticked in Germany

Jun 30, 20 • IT Law, Privacy Law • No Comments • Olga Stepanova

Nowadays, many websites use cookies to track user behavior or to display customized advertising. Anyone wishing to take advantage of the benefits associated with these cookies must obtain the users’ consent. In the opinion of the German Federal Court of Justice […]
Short-time Work in Germany to Avoid Layoffs

Jun 30, 20 • Employment Law • No Comments • Dr. Eric Uftring

The corona crisis has shown that external circumstances can lead to considerable productivity losses for companies. As the employment opportunities for employees in affected companies are temporarily lost, the German legislator has created the possibility of short-time work. What is short-time […]
Customs Debt: Are Criminal Customs Offences Remediable in Germany?

Jun 30, 20 • Customs Law • No Comments • Bartosz Dzionsko

Since May 2016, the Union Customs Code (UCC) of the European Union applies to all importers of goods into the European Union. A very welcome provision is that the customs debt incurred at the time of the violation – e.g. in […]
In Germany Individually Legal Contractual Clauses Can Be Inadmissible in Combination

Jun 30, 20 • Commercial Law • No Comments • Thomas Schwab

Whoever wants to rent or lease business premises in Germany has to accept or draft general terms and conditions. But please note: Individual contract clauses, which were previously permissible on their own under the law on general terms and conditions, may […]
New BaFin Information Sheets: An Overview of The Most Important Changes

Jun 30, 20 • Banking Regulations • No Comments • Dr. Annette Wagemann

Changes for managers and supervisory bodies of regulated institutions under German supervisory law On June 3, 2020, the German Federal Financial Supervisory Authority (BaFin) submitted drafts of the information sheets it had revised as well as various forms of the Ordinance on […]
Advance Payments in Germany During Corona Times – Secure Your Business

Jun 30, 20 • Banking Law • No Comments • Dr. Annette Wagemann

We are currently increasingly noticing that many companies in Germany are demanding advance payments for their goods and services. Entrepreneurs often go into high financial outlay (working time, materials, etc.). Therefore, they use the possibilities to reduce the financial risk by […]
German Corporate And Family Foundations: Success Through Principles of Good Foundation Management

Jun 30, 20 • Assets, Foundations, Succession • No Comments • Lars-Olaf Leskovar

Foundation boards face similar challenges in managing foundations as the managing directors of commercial enterprises. Consequently, the need for a binding code of conduct for foundation bodies when implementing the foundation’s purpose is also increasingly being discussed in the foundation sector […]
VAT Reduction in Germany: These Are The Measures Companies Should Implement Now!

Jun 19, 20 • Value Added Tax • No Comments • Patrick Rizzo

On June 3, 2020, the German government adopted a new economic stimulus package announcing targeted measures totaling 130 billion euros to support and stabilize the economy in Germany. In order to help entrepreneurs and provide incentives for investment, the German stimulus […]
Payments Made Abroad From EUR 12,500 Must Be Reported to The German Bundesbank

Jun 10, 20 • Customs Law • No Comments • Bartosz Dzionsko

According to the German Foreign Trade and Payments Regulation (Außenwirtschaftsverordnung, AWV), incoming or outgoing payments from abroad must be reported to the Deutsche Bundesbank. What counts as incoming and what as outgoing payment? “Incoming payments” refers to payments that someone accepts […]