Accounting and Reporting for Nonprofits in Germany

Accounting and Reporting for Nonprofits in Germany

Declarations and accounting for nonprofit organizations (NPOs) in Germany are subject to special legal and tax requirements that must be carefully observed. As a law firm specializing in the law of nonprofit organizations, we support our clients with a broad portfolio of services to ensure compliance with all legal requirements.

Accounting and Reporting for Nonprofits in Germany | Law Firm

Tax declarations, accounting & proof in accordance with nonprofit law

Correct tax declarations and compliance with German nonprofit requirements are essential for nonprofit organizations. We are therefore happy to take on the following for you

  • Preparation of corporation tax and VAT returns, taking into account the special features of nonprofit law, in particular the correct allocation of spheres
  • Preparation of annual financial statements with balance sheet, profit and loss statement and, if applicable, notes in accordance with the principles of commercial and tax law as well as foundation and nonprofit law
  • Preparation of annual financial statements by means of an income and expenditure account (Einnahmen-Ausgaben-Rechnung, EAR) or alternatively an income and surplus account (Einnahmen-Überschuss-Rechnung, EÜR) with a balance sheet
  • Preparation of accounts for the use of funds and administrative cost calculations as proof of the actual management and fulfillment of the tax-privileged purposes in accordance with the articles of association

Tax registration, applications & register entries

Our service portfolio:

  • Tax recording and transmission of the opening balance sheet to the tax office
  • Application for determination of the statutory requirements for nonprofit status in accordance with Section 60a AO (60a notice) as well as certificates for exemption from capital gains tax deduction
  • Ensuring/maintaining and coordinating entries in the
    • Transparency register
    • Charity register
    • Register of foundations
    • Lobby register
  • Support and preparation of entries in the commercial register and register of associations as well as coordination with the notary's offices

Efficient financial, securities & payroll accounting for NPOs

Efficient accounting is crucial for the financial transparency of NPOs. Our service portfolio therefore consists of:

  • Use of the DATEV SKR42 chart of accounts specially developed for nonprofit corporations and foundations with allocation of business transactions to the 4 spheres of nonprofit status: charitable sphere, asset management, special-purpose operations and taxable business operations
  • Digital bank and Paypal account retrievals as well as automated document retrievals for platform transactions
  • Automated securities accounting for large asset-managing securities accounts
  • Postings with document images and digital, GoBD-compliant and audit-proof document archiving
  • Digital personnel file and recording of transaction data in the payroll area

Complete process digitization in the DATEV environment

The digitization of processes increases efficiency and simplifies administration. Our solutions include:

  • E-invoice receipt, cloud-based document processing and provision for bookkeeping
  • Digital cash management and integration of other digital upstream systems and interfaces
  • Statute-compliant digital auditing, approval and payment processes
  • Digital provision of evaluation packages, e.g. BWA and cost accounting, as well as financial reports to banks

Who we advise

Our team of experienced tax advisors and specialist lawyers for tax law advises numerous

  • registered nonprofit associations (e.V.),
  • professional and business associations and federations (e.V.),
  • associations without legal personality within the meaning of § 54 BGB (unregistered associations),
  • nonprofit limited liability companies (gGmbH),
  • nonprofit entrepreneurial companies with limited liability (gUG),
  • nonprofit stock corporations (gAG),
  • nonprofit registered cooperatives (g-eG),
  • charitable foundations under private law,
  • foundations under public law,
  • charitable trust foundations and
  • foundation gGmbHs/gAGs/e.V.

Your tax advisors for accounting in nonprofits in Germany

Our experienced tax advisors for reporting and accounting in nonprofit organizations are at your disposal. Feel free to contact us for a non-binding offer. The easiest way is via info@winheller.com.

Do you need support?

Do you have questions about our services or would you like to arrange a personal consultation? We look forward to hearing from you! Please fill in the following information.

Or give us a call: +49 69 76 75 77 85 24
 

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