NakedPuts2011

Vinceroy,

it's not as easy as it sounds. Yes, setting up a GmbH & Co KG is not that difficult. Grasping the implications for your and every Limited Partner's tax return is a much different issue. GmbH & Co KG are mostly used for tax purposes, that's about the whole reason for their existence.

Also, there are things like officer's liability and liability for under-capitalization, apart from all the BaFin requirements.

Please do talk - at least shortly - to a lawyer about your preferred structure and the purposes you want to accomplish with it. Otherwise it might very well work out for you, it might just as well go very wrong and you're on the hook personally.

I'm a German lawyer-in-training (Rechtsreferendar), so of course I err on the side of caution on these matters, so take it for what it's worth. But there's a reason there are lawyers doing nothing else than setting up new investment funds all day - and they are primarily tax law specialists. The company law part is not the difficult one.

Cheers



Edited 1 time(s). Last edit at Monday, April 18, 2011 at 02:18AM by dsp.