The ranks of pensioners receiving benefits from Germany’s federal pension fund, while residing abroad, keep on growing. Over 1.7 million people (220,000 German citizens and approximately 1.5 million people of foreign nationality) received these payments in 2013. Their decision to live in a foreign country or to return home, often increases quality of living, marking the end of her journey to fulfill a lifelong dream.
We should, however, not forget that living in another jurisdiction it’s another layer of laws to the existing one, wide special regulations in both legal spheres apply. Straight fiscal records and well organized personal affairs regarding inheritance and other matters, preserve the joy of living abroad.
It is estimated that Germany is about to witness approximately 135,000 corporate successions between 2014 and 2018 regarding middle sized companies alone, affecting about 2 million employees. In many cases, not only questions of labor at inheritance law, but also in the corporate sphere, e.g. statutes and reorganizations, arise. These challenges have to be met against the background of optimizing future taxation.
Obviously, such a situation cannot be dealt with by corporate housekeeping alone (even though can be greatly supported by it) and require special care of your legal department and/or external advisors.
Online advice is a quick and fairly cheap way of obtaining legal advice today. KARST offers you this kind of service using the contact form on this website. Should you decide to opt for such advice, please list all parties involved, their legal relations, course of events and time of the respective actions.
Please read the guidelines on privacy protection carefully and note that only cases providing a clear state of facts and evidence, regarding which you have one or more specific questions, are suitable for such advice. Please also note that cases bound to a deadline by court or other authorities are generally not suitable for this form of counseling.