We. Enable.
Taxcellence.
Our business? Decomplexing yours!
Services. Expertise. Portfolio.
Tax consulting
Compliance
Auditing
Payroll accounting
Reporting
Mergers & Aquisitions
Inbound-Service
Digitization
Start-up consultancy
Funding advice
Company. Clients. Partners.
Munich as Germany's "Silicon Valley", has strongly influenced our client base. The local tech sector is dynamic and growing rapidly - which can bring as many challenges as benefits. We understand agile tech companies and their issues in the areas of commercial and tax law. International tech companies in particular do not 'fit' into the current world of transfer pricing approaches. With our expertise, we can deliver efficient, fast and practical solutions.
That phase in a founder's journey, when the "innovator" becomes an "entrepreneur" and all the attendant duties beckon - this is where we add value. We truly believe that potential is maximized when everyone focuses on what they do best: so that start-ups remain fully dedicated to their idea, product or service, we are happy to take care of all accounting and tax-related issues.
We typically jump in at the bootstrapping stage, but we also support VC-funded start-ups and dynamic growth companies (with or without an exit). In the areas of software, sports, food tech, fintech, and mobility, we advise and support the around the following fields, usually as an extended part of the team:
- Preparation of the business plan
- Selection of the (tax-) appropriate legal form
- Preparation and partnering during financing rounds and meetings
- Funding opportunities
- Preparation of the financial, liquidity and profitability plan
- Tax advice on internationalization
- Tax and financial transaction advice
- Digitalization and automation of bookkeeping processes
- Comprehensive support for all tax-related issues (annual accounts, tax return, audit) as well as payroll and financial accounting.
As a judge in business plan competitions, Florian Völkner is in regular contact with founders and knows for their pain points, where risks lie, how to exploit potential, how to achieve efficiency and how to generate growth.
Let's talk!
In our view, exciting developments are taking place in buy-and-build projects in the private equity industry. We find it particularly interesting to support such platform projects, as they require a wide range of expertise in the area of taxation and commercial law. We support both, holding structures with management partnerships and operational buy-and-build corporations, and a team of experts is put together with careful consideration paid to the project at hand. Cooperation within team typically takes place through common, dedicated interfaces. Efficiency and accuracy are crucial drivers in these projects and form the basis of our daily work.
Is your company importing and/or exporting goods or services? Do you have subsidiaries abroad or joint venture partners in other countries? We optimize your tax related data flows - we start by looking after your recapitulative statements or Intrastat declarations, but we are also happy to advise you on your international organizational structure and topics of special interest such as transfer pricing. Our wholesale experts are looking forward to hearing from you.
Working around the world? Being your own boss, no matter where you are or what time it is? TikTok, YouTube, Twitch - defining where the magic happens?
With new, exciting professions (awesome!) there are some special tax considerations (not so awesome!) that require attention - but these can be quickly and easily resolved once you know about them.
We have been advising and supporting national and international clients in new professions since 2017 and have the right answers to the following tax-related questions:
Revenue: How do I pay tax income from partnerships (products and goods / gifts), product placement, affiliate revenue, Google AdSense, bartering (free dinner for an Instagram post), merchandise, royalties, shoots, subscriptions, etc.?
Operating expenses: Which purchases can I deduct?
Travel costs: Which travel costs are tax-relevant?
Setting up a business: Which type of business is suitable and what do I need to consider?
Trade tax / definition issue: Do I generate income from a trade or from self-employment?
Get in touch to discuss your exciting business!
Cryptocurrencies are becoming increasingly established as an investment option - for private individuals and companies alike, we offer expertise in the following areas:
- Relevant expert opinions
- Proper declaration of income from cryptocurrencies
- Tax classification of profits from trading and mining with cryptocurrencies
- Representation of your interests before the tax office and the tax court.
Let's talk about how we can support your activities!
Project developer, property developer or housing cooperative? The planning and implementation of your projects is subject to many bureaucratic hurdles - our experts well-versed in the commercial and tax law challenges in the construction and real estate sector and can support you in the successful implementation of your projects.
Foundations can preserve wealth over generations, but the path to setting up a foundation should be carefully considered. Whether a nonprofit or a family foundation, our team is happy to handle the establishment, structuring; and all related services for you.
- "KMpro is a certified Personio partner and a pioneer in the industry as a digital tax consulting firm. They support you as a client to make your human resources and billing processes more digital and efficient!"Martin Wagner, Senior Partner Development Managerhttps://www.personio.deKontaktiere uns
- "KMpro is a dynamic, digital, and forward-thinking tax firm that adds value to their client’s bottom line. Modern and digitally savvy accountants and tax advisors are important partners for us because they are key to digitalizing their client’s financial processes. Together with KMpro, we want to continue to make clients happy and set up their accounting processes in the best possible way."Nico Mutisse, Business Developer Candiscandis.ioKontaktiere uns
Not found what you are looking for? Let's talk!
Tax
Tax consulting starts with the facts and encompasses far more than simply complying with legal obligations. We provide advice - proactively, pragmatically and comprehensively - only when we have a clear understanding of your challenges. We then work with you to develop a strategy so that you can focus on operational processes while steering your business safely and profitably into the future.
Our tax consulting services include the following:
- Tax planning
- Tax optimization
- International tax
- Transfer pricing
- Permanent establishments
- Foreign tax law
- International rollouts
- Group tax law
- VAT
- M&A
- Tax due diligence
- German Transformation Tax Act
- Succession planning
The complexity of German tax law is best tackled together. Our clients have access to a team of experts from a wide range of tax disciplines who regularly exchange ideas in specialist round-table discussions. Whether it's succession planning, transfer pricing documentation; or VAT, we always provide the right team member for the needs of the project, and thereby offer the best solution for our clients.
Compliance
Your requirements and expectations guide our approach in determining the scope of our services: from simple bookkeeping to outsourcing your entire finance team with CFO functions. We respond flexibly to the needs of our clients, making us far more than a service provider; instead, we are often counted as part of the client's team.
Financial accounting
Our bookkeeping services cover all steps of
- ongoing financial accounting
- bookkeeping fixed asset management
- cost accounting
as well as tax returns of any form.
Our bookkeeping does not start with uploading receipts into DATEV's cloud software. Our experts will already have analyzed existing processes and, together with our clients, worked out ways to optimize compliance.
As experts in digitilization, we work with our clients to find the right tools for preparing financial accounting. For this, we work in partnership with the major players in the FinTech industry and have the knowhow to implement the best solutions for the differing needs of different companies - from simple bookkeeping to complex group accounting. Our aim? In many cases, our approach not only facilitates cost optimization, but also access to financial accounting, irrespective of time or place.
Annual Financial Statements
Our in range of services for annual financial statements includes:
- Preparation of annual financial statements according to HGB and IFRS
- Preparation of consolidated accounts according to HGB and IFRS
- Preparation of balance sheets
- Consolidated reporting packages
- Covenant reports
Whether a micro-entity or a large consolidated financial statement for a corporate group, we provide a team that meets your requirements and the legal obligations - both in terms of quality and time. In addition to preparing commercial and tax-law financial statements, we also prepare accounts according to IFRS.
Within the preparation process, we document the relevant facts of the case, along with the financial and tax treatment. This in-house documentation leads to significant advantages, saving time and money in the event of future audits.
Tax returns
For us, tax compliance doesn't just mean filling out tax returns and preparing tax balance-sheets.
We understand this assignment more comprehensively and together with you analyze the possibilities within the scope of your tax return. In addition, we also take your international circumstances into account, which may entail obligations to notify the financial authorities.
We prepare your tax balance sheets and not only tax reconciliation statements. In line with our approach, this is a considerable simplification for you as well as for the tax office, increasing the clarity and understandability of your tax results.
Furthermore, we support you in planning your upcoming tax payments for your cash flow forecasts in as much detail as you need.
Audit
Auditing, valuation services
For us, an annual financial statement audit is not just about auditing annual financial statements. Our audit teams are led by partners and accompanied by at least one experienced tax advisor and one audit assistant. We consciously schedule time to understand your company - this ensures that we maintain our high service standard, which goes beyond the IDW standards. Our gratifyingly high employee retention rate ensures continuity from year to year for our clients.
Our audit reports naturally include all requirements set down in law, and we go one step further: Our clients also receive feedback from our audits, including a final management letter, detailed comments on the financial statements, and as well as an analysis of and recommendations for internal processes (e.g. in the areas of accounting and finance), the functionality of internal control mechanisms, and the current digitalization potential.
Our scope of services in auditing includes:
- Statutory audits
- Group audits
- Audit of public interest entity (PIE)
- Restructuring report (IDW S 6)
- Audit of compliance management systems (CMS)
- Embezzlement Audit (Fraud)
- Financial due diligence
We also offer expertise in corporate valuations. Depending on the occasion, whether on the basis of legal, corporate or tax law or for other reasons, we create both objective and subjective valuations. We issue fairness opinions
- for determining the purchase price of transactions
- for evaluating assets (e.g. goodwill, cash generating unit)
- in allocating purchase prices (PPA - Purchase Price Allocation)
- as proof of hidden reserves (in accordance with § 8c of the German Corporation Tax Act), or in the valuation of intangible assets (IP - intellectual property) according to IDW S 5.
The commonly used valuation methods (Discounted Cash Flow (DCF) or the Income Approach, as well as other industry-standard valuation methods) are standard practice for our expert team.
Payroll
Our payroll accountants are solely focused and specialized in payroll accounting. In addition to a comprehensive working knowledge of tax issues in the payroll area, our team also offers wide-ranging expertise in the field of social security.
We support you in the following areas:
- Monthly payroll accounting
- Wage tax consulting
- Social Security consulting
- payroll tax audits as well as
- social security audits
Payroll processes are complex and subject to strict guidelines. Our team members regularly participate in specialist payroll training to provide our clients with a service that is based on the most up-to-date knowledge and thereby ensures that the payments of their employees' salaries, as well as all upstream and downstream processes are carried out correctly.
Reporting
Up-to-date figures are the basis of every corporate decision-making process. We are in constant communication with our clients to enrich the monthly results with information that is otherwise only taken into account in the annual financial statements. Our goal? To make relevant information available to various stakeholders at any desired time. Our tools? Whether Excel, Microsoft Power BI or LucaNet - we will find the right solution for you.
Mergers & Aquisitions
Whether sale, acquisition, merger or cooperation of companies our experts support the complete transaction process with the following services:
- M&A advice (Sell-side, Buy-side, Distressed M&A), Spin-Offs, Carve Outs, Mergers and Cooperations)
- Financial Due Diligence
- Tax Due Diligence
- Tax consulting in the design of purchase agreements
- ESOP/VSOP Programs
We deliver tailor-made solutions for your challenges and can draw on extensive experience through our regular cooperation with M&A lawyers.
Inbound Services
We offer international corporate groups with subsidiaries in Germany a complete local compliance service.
Our team is experienced in working with international clients. This includes the preparation of international accounting (e.g. according to IFRS/US-GAAP) for the requirements of the German tax authorities and the preparation of reconciliation statements in order to fulfil the legal obligations in Germany.
Our inbound experts build bridges for international contacts to promote understanding for Germany's bureaucratic regulations first and foremost though, our focus is on ensuring compliance in Germany.
Start-up consulting
Our network in the Munich growth scene makes start-up consulting an exciting and ongoing topic for us. We regularly support founders, especially from the Munich area, with advice and assistance. Initial introductions often turn directly into coaching sessions - these are, of course, pro bono and we are also proud and happy to be able to share our experiences.
For more information regarding our expertise for founders and start-ups please click here
Funding advice
Closely linked to consulting on founding, restructuring, and digitalization is the support in finding the right opportunities for funding. The availability, requirements and access to funding are constantly changing, making the search complex - but in many cases lucrative.
Our experienced team will support you on whole journey: from the search, through the application process to the review of funding decisions.