Archiv für die Kategorie ‘Assets, Foundations, Succession’

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 […]
How Much Capital Is Required to Set Up A German Family Foundation?

Apr 16, 20 • Assets, Foundations, Succession • No Comments • Boris Piekarek

This question comes up again and again: How much starting capital is actually required for a family foundation? Capital endowment of approx. 1 million euros is advisable In our experience, it is advisable to set up a long-term independent family foundation […]
Suspension of Rental Payments in Germany Due to Corona Crisis as From April 1, 2020

Apr 3, 20 • German Business Law, Real Estate Law • No Comments • Phillipp von Raven

Last week, the German Federal Government and the Bundestag, with the support of the Bundesrat, passed various laws in a fast-track process to mitigate the economic consequences of the corona pandemic. A whole bouquet of such regulations is contained in the […]
Company Succession in Germany: Avoid The Restructuring of Securities!

Apr 3, 20 • Assets, Foundations, Succession • No Comments • Boris Piekarek

The daily practice of many German companies or entrepreneurs to restructure their securities portfolio, i.e. the purchase and sale of company securities and similar, is associated with considerable tax risks when it comes to company succession. Securities can be partly transferred […]
What are the Possible Functions of a Holding Company in Germany?

Jun 28, 19 • Assets, Foundations, Succession • No Comments • Susanne H. Articus

In our last article we presented the legal and tax advantages of holding structures. All holding companies have one thing in common: the main operational purpose is to hold shares in companies. Apart from this, holding companies perform a variety of […]
Financial benefits for German companies through holding structures

Mar 29, 19 • Assets, Foundations, Succession • No Comments • Boris Piekarek

Business profits are exposed to various risks. Among distribution to the shareholders, they are subject to taxation with 25%, which is the regular German income tax on capital income. Simple holding structures help German residents and international investors to receive tax […]
A Face-off between Facebook and Digital Heirs in Germany

Jul 13, 18 • Digital Currencies, Inheritance Law, Privacy Law • No Comments • Dr. H. Elizabeth Kroeger

Karlsruhe, Germany, July 12, 2018. It’s another tiny notch in David’s belt in his battle with Goliath. Germany’s Federal Court of Justice (Bundesgerichtshof – BGH) has cast the die in a five-and-a-half year struggle between the parents of a deceased teenager […]
Rent Control – Caution when increasing rents

Mar 31, 17 • Real Estate Law • No Comments • Boris Piekarek

Since June 2015, the German federal states can designate areas with a particularly tense housing market and apply a so-called rent control. When renting out a property in such area to a new tenant, the rent must not exceed the local […]
Termination due to outstanding rent despite the lapse of a lengthy period of time

Dec 28, 16 • Real Estate Law • No Comments • Boris Piekarek

The Federal Supreme Court (Bundesgerichtshof; “BGH”) has again given an important judgment for all tenants and landlords. The court ruled that an extraordinary termination of a (residential) tenancy agreement due to outstanding rent was still possible if the failure to pay […]
Taking a close look at high real estate prices in Germany

Sep 29, 16 • Real Estate Law • No Comments • Boris Piekarek

Time and again, real estate buyers pay purchase prices far exceeding the market value of the real estate. One of the main reasons for this is a lack of knowledge about the local market. In such cases, the question inevitably arises […]