Today we would like to remind you of a mandatory reporting obligation since 2013.
You are subject to this reporting requirement if ALL of the following three conditions apply to you:
– You have invested as a company or private person outside of Germany
– In a company with total assets of (converted) more than 3 million euros
– And you own at least 10% of the shares of the company
Or you are subject to mandatory reporting if these two conditions apply to you:
– Your German company has a balance sheet total of more than 3 million euros and
– You have foreign shareholders holding at least 10% of the units individually or in an economical related entity
The reference point for determining residency is the registered office or the domicile of an individual.
If one of the two options can be applied to your situation, then you are obliged to report to the Bundesbank by the last working day in June of the year following the balance sheet preparation, so-called K3 or K4 report.
You can make the notifications via the Foreign Trade Reporting Portal Statistics (AMS in German) as well as the “File Transfer”. For security reasons, a one-time registration is necessary.
Please refer to the appropriate website:
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