Income tax – Most legal forms of business are subject to taxation. Depending on the legal form, income tax, corporate income tax, sales tax, trade tax and/or capital gains tax are due by law. Under certain circumstances, it is possible for some companies to be exempt from one or more of these types of tax. […]
Corporate income tax – Most legal forms of business are subject to taxation. Depending on the legal form, income tax, corporate income tax, sales tax, trade tax and/or capital gains tax are due by law. Under certain circumstances, it is possible for some companies to be exempt from one or more of these types of […]
Annual General Meeting – A stock corporation consists of several bodies. The management board deals with the day-to-day business and other matters of the company and represents the stock corporation externally. The supervisory board is a legally prescribed self-controlling body that appoints and monitors the individual members of the management board and, in case of […]
Supervisory Board – The Supervisory Board is a legally prescribed self-monitoring body that appoints and monitors the individual members of the Management Board and, in case of doubt, also removes them. Furthermore, it is responsible for the written reporting of the annual financial statements as well as for annual reports. The Management Board deals with […]
Management board – The management board of a stock corporation deals with the day-to-day business and other affairs of the company and represents the stock corporation externally. The supervisory board is a legally prescribed self-controlling body that appoints and monitors the individual members of the management board and, in case of doubt, also removes them. […]
Types of Stocks – A corporation, as the name suggests, deals with stock trading. I’m sure you’ve heard that stocks can go up and down. You may also know someone who has invested their wealth in stocks. But what exactly is a share? In a nutshell, a share is a document that determines your entitlement […]
USA – Everything you need to know about income tax. How does income tax work, how to calculate income tax, what are the income tax rates. We answer all your questions, and explain everything from definitions to calculations, examples, etc. Most importantly, we’ve attached a simple way to find out how much income tax you […]
Limited Liability Company (Gesellschaft mit beschränkter Haftung, GmbH) – The limited liability company is a German legal form that is founded by at least one person and managed by at least one shareholder. As the name already indicates, this corporate legal form is characterized by a limitation of liability for its shareholder(s). The GmbH is […]
Founding a company (real estate) – You want to found your first company? Requirements for you as a founder, share capital, shareholder agreements, costs for the foundation, legal forms and checklists. This sounds complicated for beginners, but it is actually quite simple. The process of founding a company is usually relatively the same. I have […]
Legal forms – What types of company are there? If you want to found your first company, then the choice of the legal form is one of the first steps in the process of founding a company. Whether it is a special real estate company or a start-up, here I have summarized all types of […]
Limited partnership (KG) – The limited partnership is a German legal form founded by two or more persons and managed by at least one partner. The main feature of this legal form of business is the division of liability risk: at least one partner has unlimited liability and at least one partner has exclusive business […]
General partnership (OHG) – The general partnership is a German legal form founded by two or more persons and managed by at least one partner. As the name suggests, it is primarily focused on commercial enterprise and is thus subject to the German Commercial Code (HGB) in the legal sense. Back to all: Legal forms. […]
