Small and medium-sized businesses
We are a full-service tax provider for small and medium-sized businesses, covering your current bookkeeping and payroll-accounting as well as your annual financial accounts and business tax returns.
We assist you with your plans exceeding the day-to-day business such as the acquisition or sale of businesses and shares, and investment in real property. You can rely on years of experience with business restructuring (change of legal form, mergers, spin-offs etc.), with cross-border transactions and many other complex tax issues.
Business succession is also one of our focuses: sale, donation, tax structuring of the will.
Real estate investment
One of our key areas of practice is tax advisory for real property investment – acquisition, letting and sale of both residential and commercial properties.
Some of the key words in this area are: tax-exempt sale after a certain minimum-holding period, “three-property rule”, avoiding trade tax for special purpose vehicles (“extended trade tax deduction”), VAT implications of acquisition, sale and even in case of a mere change of tenants, avoiding or mitigating real estate transfer tax (RETT) in case of share deals.
We offer years of experience in tax and audit services for non-profit organizations of all legal forms including foundations (Stiftungen). Non-profit organizations benefit from an exemption from corporate income tax and trade tax. However, the law does not offer this benefit “for free”. In order to qualify for it, the organization must fulfil quite a lot of conditions. This applies to the process of incorporation as well as to the day-to-day business, and certainly also to restructuring measures. These rules do provide for a lot of restrictions for the management - hence, the management board should make sure that no tax restrictions apply to what he envisages to do.
In addition, the tax exemption does not apply to all taxes – in particular, there is no exemption from value added tax (VAT). From the perspective of the tax law, what is meant to be a “donation” can turn out to be subject to VAT. We show you how to deal with this issue or how to avoid it.
Tax compliance services
We prepare annual income tax returns for employees, shareholders or managers for all sources of income, e.g. from letting of property.
This includes one-time tax returns due for inheritance or gift tax or real estate transfer tax (RETT).