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.
Press contact
presse@gsk.de
+49 30 203907-7763
Dr. Petra Eckl
Partner*
+49 69 710003-0
petra.eckl@gsk.de
Dr. Dirk Koch
Partner*
+49 89 288174-676
dirk.koch@gsk.de
Dominik Berka
Counsel
+49 69 710003-194
dominik.berka@gsk.de
Felix Schill, LL.M.
Senior Associate
+49 69 710003-199
felix.schill@gsk.de
Esther Seibt-Pfitzner
Senior Associate
+49 89 288174 - 676
esther.seibt-pfitzner@gsk.de
Stephan Wachsmuth, LL.M.
Senior Associate
+49 89 288174-676
stephan.wachsmuth@gsk.de
Sebastian Gerhards
Associate
+49 89 288174-95
sebastian.gerhards@gsk.de
For reasons of better readability, we use the gender-neutral generic masculine. However, the information expressly refers to all genders.
