Foundation & Registration
Opening a representative office, branch or legal entity in GermanyOnce you are set up, the regular business operation begins and various contracts need to be concluded.
- We render employment contracts for your work force (LEGAL)
- We recommend to implement an ERP system for SME in order to have working processes. We can assist in selecting the suitable ERP software. (ACCOUNTING & TAX)
- VAT Advice: How to issue correct invoices , implement a VAT compliance management system (TAX)
- TP Advice: How to define the business model compliant wit transfer pricing rules (TAX)
- Intercompany contracts: TP compliant contracting (TAX & LEGAL)
- Work Rules and Company handbooks will provide guidance for your staff (LEGAL)
- Accounting & Tax Services provided:
- Monthly bookkeeping and controlling reports
- Monthly VAT reporting
- Monthly statistical reporting
- Monthly payroll calculation
- Annual tax declarations
- Financial Statements (German GAAP) and digital publication at the Bundesanzeiger
- Group reportings (IFRS, US GAAP, Japanese GAAP)
Adam Wolkanowski
Tax advisor
FRANKUS uses the comprehensive accounting and tax return software from DATEV. This software enables cloud-based digital reporting. It also supports online banking, for example, by automatically recording bank transactions in the accounting system.
Most German ERP systems also have a compatible data interface to the DATEV system. This enables efficient and cost-saving accounting while maintaining high quality.
With the DATEV tool Unternehmen Online, all accounting records such as invoices and other documents can also be conveniently transmitted to us digitally and archived accordingly after posting.