Neumann capital AG

All costs related to the business activity can usually be claimed, e.g. administrative costs (tax advisor, office supplies, set-up costs, salary, etc.) and costs such as a company car, business trips, etc.

When the GmbH is founded, a deposit of €12,500 must be made immediately. A further 12,500 € must be deposited at a later date. However, this deposit is available to the business without restrictions and can thus be invested.

By granting a loan to the GmbH, which can be used fully for the business purpose (i.e. investing), the owner can withdraw this loan at a later time. Moreover, the owner can consider paying herself a managing director's salary since no social security contributions are necessary. There is also the possibility of a profit distribution. However, the salary option is the better alternative because it reduces the operating result.

Usually employment contracts contain a non-compete clause. Managing your own capital assets and founding your own asset-managing "Investment GmbH" are not considered a sideline and should therefore be possible.

The formation of your own asset-managing "Investment GmbH" costs approximately € 2,500 plus the statutory value added tax. The ongoing costs for annual financial statements and accounting are generally based on the Tax Advisor Remuneration Ordinance (StBVV) and depend, among other things, on the balance sheet total. If required, we will be happy to provide you with an individual cost assessment.

As a rule of thumb, it is worthwhile to have your own asset-managing "Investment GmbH" starting from a portfolio size of approximately €100,000.

No, as a managing director you can work without remuneration.

When a company is entered in the commercial register, the founder becomes managing director. An employment contract is not mandatory. A written employment contract is mandatory for tax reasons as soon as the managing director draws a salary.