Taxes are a tedious and complicated topic. Since startups are often still in the process of developing their business model and frequently deal with complex business transactions (such as funding rounds and changes in ownership), it’s important for you, as founders, to have a solid basic understanding of taxes—even if you have a tax advisor on your side. This tutorial is intended to serve as a first step in that direction.

In this tutorial, we’ll cover how the taxation of a corporation generally works, why sales tax translates to cash for your company, and what special tax issues startups face:

• What is the process for founding a GmbH?
• Should you (co-)found a holding company or not?
• Which tax topics should I be familiar with (sales tax, income tax, corporate and trade tax, loss utilization and loss carryforward, expiration of tax losses under Section 8c of the German Corporate Income Tax Act)?
• Side Note: Social Security

Speakers:
Matthias Sappl, Certified Public Accountant, Tax Advisor, Partner
Diana Arnold, Tax Advisor
Anna Stechl, Tax Advisor
Pape & Co. Tax Consulting - Auditing