The Corona pandemic has changed Germany and the global economy forever. The immediate consequences of the crisis have hit certain industries and companies hard – others have been less affected. The long-term, lasting consequences of the pandemic are often not yet fully predictable: We need to prepare for a future in a "new normality".
Many questions and uncertainties continue to dominate day-to-day business, while far-reaching decisions still have to be made in order to flexibly adapt to the changed conditions and to make the company as crisis-proof and resilient as possible.
Our accountants, tax consultants, lawyers and management consultants develop the right answers to your questions and challenges from 4 perspectives in an interdisciplinary way in order to ensure continuity and to react to sustainable change with the right solutions and the right measures.
Together, we set the course for your successful future!
News and regular updates around the Corona crisis can be found here »
Please feel free to contact our colleagues directly:
- Support with applications
- Preparation of liquidity planning
- Bridge loan until disbursement (negotiations with house bank)
- Suspension of obligation to file for insolvency
Heinrich
Thiele
Attorney-at-Law (Rechtsanwalt), Certified Tax Advisor
Partner
Jens
Weber
German CPA, Attorney-at-Law (Rechtsanwalt), Certified Tax Advisor
Partner
Heiner
Stemmer
German CPA, Certified Tax Advisor
Partner
- ort-time work and the calculation of short-time compensation as well as time off and operational restrictions.
- Remuneration issues / continued remuneration
- Flexible working conditions (home office etc.)
- Data protection / data security
Jacob
Keyl
Attorney-at-Law, Business Mediator, Specialist Lawyer in Labor Law
Partner
Christian
Eisele
Certified Tax Advisor
Partner
- Adjust strategy, update budget / business plans
- Maintain competitiveness: Optimize liquidity / working capital, rethink control of supply chain and distribution channels
- Technical emergency management
- Identifying the opportunities of the crisis, driving digitalization
Thorsten
Lorenzen
Partner
Jannik
Bayat
Partner, International Business Leader Consulting
- AG, KGaA, VVaG & SE – Facilitated conduct of (electronic/virtual) annual general meetings
- GmbH – circular resolution instead of shareholders’ on-site meetings
- Merger, demerger, spin-off, and the like – more time for reorganization measures in 2020
- Cooperatives, associations and foundations – Avoidance of an absence of management and conduct of (electronic/virtual) members’ resolutions / general meetings
Bernhard
Rehbein
Attorney-at-Law
Partner
Andreas
Metzner, LL. M.
Attorney-at-Law
Director
- Legal and contractual regulations in the event of non-performance or delivery failures
- Adjustments of external and intra-group supply and service relationships (transfer prices)
- Relocation of functions through adapted value-added processes
- Effects on financing relationships within the company group
Dr. Christian
Engelhardt
Attorney-at-Law (Rechtsanwalt)
Partner
Carsten
Hüning
Partner, Global Leader Transfer Pricing
Bernhard
Rehbein
Attorney-at-Law
Partner
Dr. Christian
Teuber
Attorney-at-Law (Rechtsanwalt)
Partner
- Reduction / non-determination of income, corporation and trade tax advance payments from 2020
- Abstaining from / reduction of the fixing of interest on additional claims
- Deferment and payment in instalments and stay of execution
Ines
Paucksch
German CPA, Certified Tax Advisor
Partner
Marc
Roth-Lebeau
Certified Tax Advisor
Partner
Dr. Ingo
Bäcker
CIA, CRMA, Quality Assessor (DIIR)
Partner
Baker Tilly News and Updates around the Corona Crisis
Corona Emergency Aid Act: doubling of the research allowance
With the second Corona Emergency Aid Act, the German Federal Government has once more increased tax research allowances in order to create additional...
Tax Alert on the Corona economic stimulus package: short-term reduction of VAT rates
This week, the coalition committee approved an economic stimulus and crisis management package. In the area of VAT, two changes were agreed upon: One...
Corona aids: KfW and federal states’ business development bank subsidies
In Germany, the government addresses the coronavirus’ economic effects in particular with loans and the assumption of risks by the business...
The Corona Crisis and its Impact on Rental Obligations
Hardly any other topic is currently more predominant than the continuing spread of the Coronavirus in Germany and worldwide. Increasingly drastic...
First adjustments of insolvency law during the pandemic
Obligations to file for insolvency are temporarily suspended // Payment bans are temporarily adjusted // Insolvent companies’ contractual partners are...
Corona Crisis: Government decides on Online General Meeting without the Need for Attendance
On 23 March 2020, the German federal government passed a reform of the German Stock Corporation Act to enable companies to hold a general meeting...
Package of Corona-Measures by the Federal Government: Benefits for Consumers, Companies and Banks
The subject of this article is the package of measures presented by the Federal Government in the cabinet bill of 22 March 2020 to provide short-term...
Corona Crisis: Free State of Saxony grants Liquidity Aid to Small Businesses
The Free State of Saxony intends to provide financial support to small companies and freelancers with up to 5 employees and headquarters or permanent...