Business Management

Contents What are Umlagen 1 & 2? U1: The sick pay levy U2: Maternity benefits Calculating U1 contributions Would you like to know more?    What are Umlagen 1 & 2? Both levies are so-called continued remuneration insurances, which are regulated by the AAG (Expenditure Compensation Act). The aim is to provide financial support, especially …

Contents When life gets in the way of business Permanent closure vs. taking a hiatus Liquidation vs. dissolution Winding up a Gewerbetreibender or Freiberufler business Tax advantages of selling a business  Avoiding tax pitfalls Want to know more?  Introduction There are many reasons for closing down a business: You can’t find a suitable successor, you …

Contents The difficulties of classification  What points to full-time self-employment? Who qualifies as full-time self-employed? Full-time self-employed with a part-time job  Full-time self-employment & mini jobs Want to know more?   Classification for compulsory insurance is often difficult For a long time, Krankenkassen considered the non-self-employed activity of the self-employed as their main activity. But, …

Contents Rights, primary & secondary obligations of the employee The legal basis of the employment relationship How is an employee defined in Germany? Rights & obligations in the employment contract Breaches of duty Want to know more?    Rights, primary & secondary obligations of the employee Employment contracts set out the obligations of each party …

Contents: Purpose of an employment contract Drafting employment contracts Mandatory content per the Verification Act Key clauses of a German employment contract Contract duration Job description Right to transfer  Working hours Remuneration Notice period Incapacity for work  Secondary employment Confidentiality Cut-off period Non-compete clause Severability clause Create an employment contract for part-time work Prohibited clauses …

Contents What is a loan agreement according to German law? Kredit (credit) vs. Darlehen (loan) What should be in a loan agreement? Maximum loan amount Acknowledgement of debt, guarantees & transfer of ownership What is a loan-in-kind contract? Loan agreement sample Would you like to know more?  What is a loan agreement according to German …