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Trustee & Escrow Services

German LawGerman ProbateGerman Succession & Inheritance LawGerman Tax LawTrustee & Escrow Services

German Tax Clearance Certificate (Inheritance Tax)

What is required to get German assets released to British or US-American executors or beneficiaries? In order to get German assets released, the executors or beneficiaries must be able to provide the German banks or insurers with a German (or European) Grant of Probate - unless the testator has made the will in notarial form or the testator has granted a transmortal power of attorney. For more on how to access German assets without having…
Bernhard Schmeilzl
February 13, 2017
Business in GermanyBusiness Tax & Fiscal ObligationsGerman Labor LawGerman Tax LawStarting BusinessStarting or Expanding BusinessTrustee & Escrow Services

10 Things to do when starting a German Business

Get started on the fast track If you have read our previous postings "Guide for doing Business in Germany", "Establish a German Limited Company (GmbH): FAQ and Checklist" and "Open a Business Bank Account in Germany?" you already have a pretty good idea how to go about starting your own German business. With this posting we provide ten - personal and probably subjectively biased - practical tips how to get a head start: #1: Choose…
Bernhard Schmeilzl
August 9, 2013
Business in GermanyGerman Corporate LawStarting or Expanding BusinessTrustee & Escrow Services

Buying a German Company: A quick Checklist

How to acquire a German Business In case you think about buying or merging with an existing German enterprise there are many legal and tax aspects to consider (for the formation of a new Germany company see here). Below we have compiled a few issues from the perspective of a German lawyer that may be of interest for a potential buyer: What kind of legal entity is the target company? There are various legal forms…
Bernhard Schmeilzl
May 13, 2013
Business in GermanyStarting BusinessStarting or Expanding BusinessTrustee & Escrow Services

Fiduciary, Trustee and Escrow Services in Germany

To start or expand a business in Germany an existing enterprise can: (i) either trade directly from the UK; (ii) use a German partner as agent or distributor; (iii) set up a branch office in Germany or (iv) establish a separate legal entity for the German activities, which makes good sense when one wants to separate the risks of the specific German business. The best choice for option (iv) will in most cases be a…
Bernhard Schmeilzl
February 22, 2013