| Pension plan | The pension plan concept of the pension commitment has been recommended by many tax advisors in order to reduce taxes and increase liquidity in the company. However, this commitment can lead to coverage gaps in the company. Experts estimate that more than 90 percent of all GmbH managing directors have been […]
*by Dr. Johannes Fiala, lawyer (Munich), mediator (Univ.), MBA Financial Services (Univ.Wales), MM (Univ.), certified financial and investment advisor (A.F.A.), lecturer for civil and insurance law (BA Heidenheim, Univ. of Cooperative Education), banker (www.fiala.de) and Andreas M. Bosl, management consultant (Pöcking/Starnberg) Managing Director of Mittelstands- Strategie-Beratung GmbH and owner of MBD Mittelstands-Beratungs-Dienst e.K. (www.mbdbav. de) […]
It happens again and again that typical medium-sized GmbHs get into a crisis situation because a managing director suddenly becomes professionally incapacitated. Read where the causes and liability traps lie. If the boss is absent due to health problems, it often becomes critical for the GmbH. This is not an isolated incident. Insolvency administrators observe […]
No occupational disability pension (BU pension) for managing directors of GmbHs despite pension commitment The Mittelstands-GmbH gets more and more often into a crisis, because a managing director becomes professionally unfit. An isolated incident? No. Insolvency administrators observe that the occupational disability of the managing director has become an increasing reason for insolvency. But what […]
Advantages and risks of the English Limited Company For the entrepreneur (in this case: financial service provider), the need to limit liability as much as possible arises in view of the many liability lawsuits per year. Typical means of structuring this are the insurance of the residual risk through a pecuniary loss liability insurance, but […]
Company pension scheme in the event of insolvency Insolvency administrator can collect reinsurance of a pension commitment of the shareholder-managing director Alleged bankruptcy protection: At sales training courses it is often claimed that company pension schemes are protected against insolvency. Even an insolvency administrator cannot access this money – in particular the reinsurance – […]
*by Johannes Fiala, Attorney at Law (Munich), M.B.A. (Univ.Wales), M.M. (Univ.), Certified Financial and Investment Advisor (A.F.A.), Banker (www.fiala.de) At sales training courses it is often claimed that company pension schemes are protected against insolvency. Even an insolvency administrator cannot access this money of the managing partner (GGF) – in particular the reinsurance – if, […]
Currently, the typical medium-sized GmbH (limited liability company) finds itself more and more often in a crisis situation because a managing director suddenly becomes incapacitated for work. An isolated incident? No, because insolvency administrators observe that the occupational disability of the managing director has become an increasing reason for insolvency. But what are the causes […]
If the boss drops out due to health problems, it can become critical for a GmbH, because often there is no occupational disability pension for managing directors despite pension commitments. At present, the typical medium-sized GmbH is increasingly finding itself in a crisis situation because a managing director suddenly becomes incapacitated. An isolated incident? No, […]
If the man (or woman) in the executive suite drops out due to health problems, it can become critical for the GmbH. What to look for. In a nutshell – a medium-sized limited company cannot afford the disability of its managing director. – A BU component built into the entire supply contract has disadvantages. – […]
