Accountancy

Contents DIY bookkeeping Compliance requirements Bookkeeping strategies Time is money   Should I do the bookkeeping for my GmbH myself? It is a widespread belief that one can save tax adviser costs by handling the bookkeeping of a GmbH or any other type of company oneself. But does this really make sense, and does it …

Contents What is the One-Stop-Shop procedure in the EU? Who can use the One-Stop-Shop procedure? What are intra-Community distance sales? Do companies have to use the One-Stop-Shop procedure? Why use the One-Stop-Shop procedure? When can a company use the de minimis rule? What are the One-Stop-Shop obligations? What are the deadlines for One-Stop-Shop tax returns? …

How are incorporated companies taxed? Your tax liability as a shareholder of an incorporated company is naturally different from a partnership or a sole proprietorship. The amount of taxation and which types of taxes you have to pay depend on many factors. Some taxation applies to all commercial enterprises, while others are unique to limited …

Contents What is the Vorsteuerabzug (input tax deduction)? Can all businesses make input tax deductions? Which invoices are suitable? When can I make input tax deductions? Which invoices can I not deduct input tax from? What are the common pitfalls?  Would you like to know more?    What is the Vorsteuerabzug (input tax deduction) exactly? …

Contents Holding structures for SMEs Splitting up a company Case study: Forming 4 UGs in 40 minutes Advice from experienced entrepreneurs An insider tip for selling a company Would you like to know more?    [BEGIN: Insert an Image between this tag] [END insert Image] I can help you set up a holding structure I’m …

What exactly is double-entry bookkeeping? As the name suggests, doppelte Buchführung is the double-entry method of bookkeeping that involves entering each business transaction into two different accounts. Double-entry bookkeeping involves significantly more effort than single-entry bookkeeping, but it also provides more transparency, as discrepancies are much more noticeable. Each transaction is recorded in the debit …