Having to pay VAT on management services received has often proved to be a serious disadvantage for German venture capital funds in recent years. The introduction of a VAT exemption for the management of venture capital funds through the Fund Jurisdiction Act should bring considerable relief. The Federal Ministry of Finance’s administrative decree dated 24 June 2022 provides practitioners with an interpretation of the term “venture capital fund”.
We present this interpretation in our GSK Update.
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Dr. Petra Eckl
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Dr. Dirk Koch
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Dominik Berka
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Felix Schill, LL.M.
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Esther Seibt-Pfitzner
Senior Associate
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Stephan Wachsmuth, LL.M.
Senior Associate
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stephan.wachsmuth@gsk.de
Sebastian Gerhards
Associate
+49 89 288174-95
sebastian.gerhards@gsk.de
