Cosmotax GmbH

About Cosmotax GmbH

Based in Munich's Neuhausen-Nymphenburg district, this tax consultancy firm works mainly for companies, entrepreneurs and investors from abroad who set up, run or expand business activities in Germany. Its advisers previously worked at large international audit firms, and the practice is supervised by the Munich chamber of tax advisers. Advice, correspondence and even posting texts in the books are handled in English, German or Russian, so that foreign head offices can follow their German accounts. For newcomers it guides the choice between a subsidiary, a branch or a permanent establishment, organises the incorporation of a GmbH or other entity with the notary, and completes tax, trade and social security registrations. Foreign online sellers without a German establishment are supported with VAT registration and filings. Ongoing work covers bookkeeping in DATEV or the client's own system, payroll, annual accounts, reconciliations to group GAAP and corporate, trade and VAT returns, alongside acquisition and property tax advice.

Services

Formation support includes advice on legal form, arranging the notary appointment, office premises and bank account, and applying for the tax number and VAT identification number. Ongoing services cover bookkeeping, management reporting, payroll with social security notifications, preliminary and annual VAT returns, EC sales lists, financial statements, filing with the company register, and corporate income and trade tax returns. Further work includes tax due diligence, holding structures, property taxation and income tax returns for expats and contractors.

• ✓ Company formation: offered
• ✓ Accounting and bookkeeping: offered
• ✓ Tax compliance: offered
• ✓ VAT: offered
• ✓ Payroll: offered
• ✕ Audit: not listed
• ✓ Bank account assistance: offered
• ✕ Residency and visas: not listed
• ✕ Corporate secretarial: not listed
• ✕ Virtual office: not listed

Licences and registrations

• Tax consultancy firm (Steuerberatungsgesellschaft) supervised by the Steuerberaterkammer München

As declared by the firm. Check a licence with the regulator before you rely on it.