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throwaway15805today at 1:11 PM2 repliesview on HN

Been there too. Paying thousands of € for a notary just to read some text you wrote out loud to you is absurd.

The cherry on top is the exit tax:

> And no, I could not just leave instead. My first company, Freshflow, is valuable enough that walking out of Germany would trigger a massive six-figure exit tax, on gains I have not even realised, purely for the privilege of leaving.

This is ostensibly there to prevent large-scale tax fraud but has ridiculously low thresholds that make life difficult for anybody who is shareholder of even a small company.


Replies

Sweepitoday at 1:21 PM

Maybe I am missing the point, but what is the alternative? You found a company in Germany, dont realize your gains, therefore dont pay taxes, then leave the country, realize your gains, and still dont pay taxes? Why should Germany or any other country allow this?

show 2 replies
ExpertAdvisor01today at 1:22 PM

You can delay the exit tax until the sale of the company , if your move is within the EU.