Stock Corporation (AG) – The Stock Corporation is a German legal form, founded by at least one person and managed by several legally prescribed organs. Instead of a classic managing director, a board of directors leads the Company, supervised by the supervisory board. The shareholders’ meeting functions as the highest decision-making body. With a minimum […]
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. […]
Selling a house – A faulty approach to selling your house can lead to high tax charges. If the profit from the house sale is considered taxable income, you will be liable to pay speculation tax. In the case of houses that were purchased as an investment and generated a return by renting them out, […]
Property management contract – condominium associations usually have a property manager who takes over the management of the common property. Explore back to overview. A management contract is drawn up for the transfer of this task. This management contract defines the rights and obligations of the manager vis-à-vis the condominium owners’ association. The administrator’s remuneration […]
