Everybody knows that founding a startup is about brilliant ideas, Club Mate, passion, tech blog reading, St Oberholz and much more great-sounding stuff you overhear when buying lunch at the Currywurst joint on Rosenthaler Platz.
Only that there is a dark side to it as well. Founding a company is not only your entry into the world of potential fortune, but also into the sinister Realm of Legal Constraints and Tax Requirements. It's bad enough when you're freelancing and need to acquaint yourself with Umsatzsteuervorauszahlung and the like. But getting a company started means that from now on, you will have to take legal and taxation care not only for yourself, but also for the entity you're founding (UG? GmbH? GmbH & Co KG?) - AND its employees, co-founders, and service providers. Involving sharp-edged points like
- balance sheet setup
- employment contracts
- Terms & Conditions
- Geschäftsführergehalt v Gewinnausschüttung?
- term sheet clauses
It's the stuff that everybody hates, which is why you should love to attend "Quiz Show from Hell: Sued, taxed, and quartered". Our evil henchmen (aka Berlin Startup Academy mentors) Christian Musfeldt from Osborne Clarke, an international law firm specializing in startup law, and Daniel Frischkorn from Ecovis, a no less international tax consultancy, will get you up to speed regarding what you need to know before you make a fateful step into incorporating or hiring that could cause painful consequences.
Attendees will get documentation to prepare. After keynotes, two teams with three people each will be selected from the audience, to be tortured on stage with questions about legal and tax pitfalls to be avoided. Correct answers will be awarded with points. The team that first scores 7 points will get THREE FREE TICKETS TO CAMPUS PARTY CONFERENCE (www.campus-party.eu).
The losing team will be tarred and feathered.
ATTENTION: For practical reasons - namely, the sheer density of terms specific to the German tax system that will have to be examined -, keynote and discussion about tax topics will be in German.