LeftRight

Members
  • Content count

    2
  • Joined

  • Last visited

Community Reputation

0 Neutral

About LeftRight

  • Rank
    Newbie

Profile Information

  • Location Germany
  • Nationality British+EU citizen
  1. Hello @scook17 Thanks so much for your kind reply!   1. That’s very good to know, I’d read some other things that hinted this. I had more-or-less understood that if the majority of the shares, directors and activities were actually taking place in the UK, then the German government would not view the company as taxable in Germany, but, I am very much an amateur and happy to be corrected on this.   If anybody else who might be on here knows the precise rules about this, then I would be very grateful to hear.   2. This is very helpful too.   3. Indeed, that is why I’m hoping to just be a regular old Freiberufler!   4. This is an interesting idea. One piece of information that I didn’t mention (for the sake of not bringing too many variables into it) was that when I found out I was being made redundant I spoke with my business partners and suggested that for the time being that it might be best for me to resign my Directorship while I worked out more the implications of everything, which I have done.   Therefore, at the moment I am just a shareholder who used to be a director. Do you by any chance have any idea how this might affect things? If you don’t, do you know of anyone on this wonderful forum who might have more of an idea?   I and my business partners are happy for me to not be a director, though, if possible, I would rather continue to be a shareholder.   (At some point in the near future I will seek advice from a Steuerberater on all this, but I’m just trying to get as much figured out before I do.)   Thanks again!
  2. Hi all,   I’ve been reading some of the other threads of similar topics regarding UK Ltd companies being run from Germany, but most seem to relate to owners solely based in the Germany, whereas I am only a co-owner/shareholder of a UK Ltd and would like to spend the majority of my time doing freelance work in Germany.   I was previously in full time employed in an artistic journalistic role in Germany since May 2019, since the start of February I have been unemployed having been made redundant.   My plan is to become a Freiberufler (eventually – I’m trying to get coaching and apply for a Gründungszuschuss, but that’s another story).   As someone employed in an artistic journalistic field, I understand that I would also be eligible for the KSK.   Up to that point, I think it seems straightforward enough.   However, towards the end of last year I set up a Ltd company in the UK with two other people. Both other people are based in the UK, contracts are made and signed from the UK, there is an accountant in the UK handling accounts, the registered office address is in the UK.   I hold 1/3 of the shares.   The business is artistic, at least in part, and has an artistic journalistic element, which is, at least in part, what I am in charge of.   It is not close to making a profit at the moment, but hopefully in the next few years it will.   My main questions are as follows:   –Would being a Director of a UK company holding 1/3 of the shares affect my status at all in Germany? Would I still be able to register as a Freiberufler?   –Would being the Director and shareholder of a UK based company affect my eligibility for the KSK? I will need to speak to a KSK expert about this, in particular to discuss the nature of the business and how they would regard any potential income from there, but if anyone has any insight, that would be great.   –As a Freelancer, my revenue for year 1 and 2 would probably be under €22,000 and €50,000 respectively, I would be aiming to go over the €22,000 limit in year 2 so is there any advantage of me registering as a Kleinunternehmer? If it does make sense, would I be able to register as a Kleinunternehmer given that I am a partner in the UK company and would revenue generated by the company have any impact on these thresholds?   –If we do start drawing money from the UK Ltd company, would I just draw it as a salary not subject to PAYE and/or as dividends (the tax implications here are not entirely clear to me). Is there any easy way to say if one would be favourable to the another? My income from freelance journalistic work here in Germany will probably be €30–40,000 per annum.   Any help on the above would be massively appreciated!