Market entry in Germany

Market entry in Germany

In order to successfully gain a foothold as a foreign company, expertise is required. With KPMG Direct Services, we have created an efficient range of services for the specific issues of each investment phase – so that you can focus on your goals.

Would you like to get involved in Germany, but are not familiar with the complex regulations and tax issues? We can help you avoid pitfalls and set the right course right from the start.

Foreign companies wishing to provide services or offer supplies in Germany must be registered for VAT purposes with the relevant tax office.  Companies entered in the commercial register in Germany must also present their business transactions and prepare annual financial statements.  Our experienced experts will be happy to assist you with these and other obligations. Speed is important to you? Simply click on our services below and select the desired service online.

Compliance

VAT registration in Germany

We provide VAT compliance support to foreign-based businesses that supply goods or services in Germany.

  • Identification of the competent tax authority
  • Preparation of the required information and documentation
  • Assistance with preparation of response to official requests
  • Application for a tax number and VAT identification number
Compliance

Financial Accounting Services

You can count on us for all your contemporary accounting needs.

  • Transaction allocation and booking
  • Compliance with German accounting standards (GoB/GoBD)
  • Preliminary VAT declarations
Compliance

Annual Financial Statements

We take care of all commercial annual statement-relevant preparation tasks.

  • Balance sheet
  • Profit and loss statement
  • Note to financial statements
KPMG Law

Trademark protection 360

Nowadays, trademarks are more than company logos or product labels. They can provide you with the crucial competitive edge that needs to be protected.

 

  • Registering trademarks with the German Patent and Trademark Office DPMA, EUIPO, WIPO
  • Monitoring the relevant deadlines
  • Representing the client before trademark offices
Tax Advice

Preparation of benchmark analyses

Using benchmark analyses to document that transfer prices are at arm's length.

  • Developing a search strategy
  • Systematically screening company data
  • Preparing a benchmark report

Foreign companies operating in Germany must comply with local deadlines: For example, annual tax returns must be submitted for corporation tax, trade tax and value-added tax. The latter are also subject to declarations during the year. Payroll declarations for employees must be submitted monthly. Selling real estate, paying dividends or opening permanent establishments several municipalities also involve declaration obligations. Whether the issues relate to tax or compliance, you maintain an overview using our services.

Compliance | IT Solutions

KPMG DAC6 Processor - Trial Version

Analysis and management of reportable transactions under the DAC6 EU Directive

  • Fully functional trial environment
  • Fictitious master data for testing purposes
  • Most recent questionnaires based on the EU Directive
  • Great flexibility through adjustable workflow and stage concept
Tax Advice

Property tax – obtaining clarity already prior to reform

Prepare yourself for property tax reform with this inhouse workshop

  • Half-day workshop in-house
  • Analysis of your current property tax situation
  • Implications of property tax reform
Compliance

Preparation of VAT and income tax returns

Meet all of your main tax return obligations at once and gain time for what really matters.

  • Preparation of income tax and VAT return
  • Kick-off call, including schedule coordination
  • Data request and plausibility check of data made available
  • Electronic submission to the tax office
Compliance

Preparation of income tax returns

Efficient processes based on practice for use in practice. Our basic package includes:

  • Preparation of corporate income tax return
  • Preparation of trade income tax return
  • Kick-off Call, including schedule coordination
  • Data request and plausibility check of data made available
  • Electronic submission to the tax office
Compliance

Preparation of VAT return

Extensive range of services for preparing your VAT and income tax returns. Our basic package includes:

  • Preparation of VAT and income tax returns
  • Plausibility check of data made available
  • Validation of the value-added tax return (VAT return) against financial statements
  • Electronic submission of the tax office
IT Solutions | Compliance

VAT-Web | value added tax return at a glance

Meet all requirements for your value added tax return efficiently and easily with VAT Web.

  • Digital VAT declaration
  • Consolidation of VAT groups
  • Data import from ERP system
IT Solutions | Compliance

V.I.S. – The Value Added Tax Identification Number Information System

V.I.S. checks VAT ID numbers and corrects address errors.

  • Monitor VAT IDs
  • Validation of customer address and corresponding VAT ID
  • Quick address data update
  • Automatic request for a written official confirmation possible with V.I.S.
Compliance

Financial Accounting Services

You can count on us for all your contemporary accounting needs.

  • Transaction allocation and booking
  • Compliance with German accounting standards (GoB/GoBD)
  • Preliminary VAT declarations
Compliance

Annual Financial Statements

We take care of all commercial annual statement-relevant preparation tasks.

  • Balance sheet
  • Profit and loss statement
  • Note to financial statements
Tax Advice

Income tax audit of a profit and loss transfer agreement

Ein wirksamer Ergebnisabführungsvertrag ist Basis für eine ertragssteuerliche Organschaft.

  • Audit of the PLTA
  • Identification of risks
  • Recommended actions
IT Solutions | Tax Advice

International Business Traveler Compliance (IBTC)

Comprehensive approach for your international projects and employee mobility.

  • Initial location determination / Indication of IBTC on fixed price basis
  • Established basis for decision-making to define further procedure
  • Step-by-step approach with focus on transparency and costs

Globalization entails uncertainty, but also opportunities. Make use of optimisation opportunities and raise the tax efficiency of your company when entering the German market – for instance by establishing fiscal entities, obtaining an exemption from capital gains taxes on dividends or by adjusting financing structures. An effective compliance management system also helps to manage your risk profile. Rely on our specialist expertise: With KPMG Direct Services, we provide you with a cost-transparent range of services for these issues.

Tax Advice | Compliance

Quick Check for Intercompany Financing Transactions

Putting internal financing to the test.

  • As-is analysis of transfer pricing methodology and documentation
  • Vulnerability analysis
  • Focus on loans, cash pooling and guarantees
Compliance

IAS 12-Compliance-Quick-Check

Presenting income taxes correctly in IFRS financial statements is a complex matter. Our experts will show you where you stand. 

  • Review of correct entry of actual and deferred taxes
  • Completeness of disclosures in the notes
  • Identification of specific issues, e.g. loss history, estimated need for action (according to traffic light system)
IT Solutions | Compliance

V.I.S. – The Value Added Tax Identification Number Information System

V.I.S. checks VAT ID numbers and corrects address errors.

  • Monitor VAT IDs
  • Validation of customer address and corresponding VAT ID
  • Quick address data update
  • Automatic request for a written official confirmation possible with V.I.S.
Tax Advice | Training & Education

Employee retention programs under the “tax loupe”

Selected employee incentives in a tax context

  • Half-day workshop in-house
  • Analysis of the components or your employee retention program
  • Examination of current legal changes
Tax Advice

Tax Compliance Management System – Quick Check

Enables a comprehensive overview of your current Tax CMS status according to IDW PS 980.

  • Reliable assessment
  • Basis for deducting specific measures
  • Legal certainty
Tax Advice

FTA Health Check

Ensure group-wide compliance with CFC tax rules.

  • Documentation of compliance with FTA legal requirements
  • Release of liability due to establishment of corresponding analysis processes
Tax Advice

Brexit Quick Check

Potential customs effects of a hard Brexit.

  • Preparation and analysis of your Intrastat data (or comparable data)
  • Hard Brexit cost simulation (customs duties/customs declaration costs)
Tax Advice

Income tax audit of a profit and loss transfer agreement

An effective profit and loss transfer agreement is the basis for income tax consolidation.

  • Audit of the PLTA
  • Identification of risks
  • Recommended actions
In-house training courses

Fit for BEPS – In-house tax workshop

Understand the risks and opportunities of the BEPS initiative on your business.

  • BEPS knowledge at a glance
  • Knowledge building to identify tax-related opportunities and risks
  • Develop strategies for action
IT Solutions | Tax Advice

International Business Traveler Compliance (IBTC)

Comprehensive approach for your international projects and employee mobility.

  • Initial location determination / Indication of IBTC on fixed price basis
  • Established basis for decision-making to define further procedure
  • Step-by-step approach with focus on transparency and costs
Web seminars

Yearly Tax Update subscription (4 webinars)

Currently applicable corporate tax law-relevant legislation, jurisdiction and administration.

  • Quarterly update of current tax in German developments
  • Available as live webinar and video-on-demand
  • Course language: German

Stay flexible: New business processes, changes in legislation or measures to minimise risk can make restructuring necessary. Current measures to combat tax avoidance – such as OECD BEPS or the EU’s ATAD – may also require action in some circumstances.

Would you like to know whether it makes sense to adjust your structures? Our experts are happy to advise you.

Tax Advice

FTA Health Check

Ensure group-wide compliance with CFC tax rules.

  • Documentation of compliance with FTA legal requirements
  • Release of liability due to establishment of corresponding analysis processes
Tax Advice

Tax Compliance Management System – Quick Check

Enables a comprehensive overview of your current Tax CMS status according to IDW PS 980.

  • Reliable assessment
  • Basis for deducting specific measures
  • Legal certainty
In-house training courses

Fit for BEPS – In-house tax workshop

Understand the risks and opportunities of the BEPS initiative on your business.

  • BEPS knowledge at a glance
  • Knowledge building to identify tax-related opportunities and risks
  • Develop strategies for action
Web seminars

Yearly Tax Update subscription (4 webinars)

Currently applicable corporate tax law-relevant legislation, jurisdiction and administration.

  • Quarterly update of current tax in German developments
  • Available as live webinar and video-on-demand
  • Course language: German