High performance for
fund administration
and tax compliance
The success of private equity and venture capital funds is primarily a question of investment strategy and the right investment decisions. Efficient fund administration and tax compliance that is transparent and flawless in all tax aspects play a key role in meeting the information requirements of investors from the subscription of fund units to the termination of the fund and sheltering fund investors from compliance risks.
How you benefit
For managers of private equity and venture capital funds, focusing on investors and investments is crucial. Efficient fund administration and tax compliance – which takes into account all aspects of common fund structures – support their core responsibilities. Outsourcing administration to a specialized and highly efficient service provider has significant cost advantages over building an in-house fund administration – and it can also be the safer option.
Tax compliance requirements must be met uniformly for all investors and take into account the special features of different fund structures. This is the only way to identify risks in good time and avoid surprises later on, for example during tax audits.
Why LM Audit?
Thanks to our many years of working for private equity and venture capital funds, we are familiar with the sector-specific issues and business opportunities. This applies to funds of funds as well as directly investing fund companies, their co-investment vehicles and managers. We are familiar with the usual corporate law structures – whether transparent partnerships or investment funds – and profit distribution mechanisms. Our extensive experience enables us to provide a professional and efficient service. Depending on the client’s requirements, we offer a full service, but also individual service packages as a desired supplement at the interface to existing in-house resources.
Clients
Our clients in fund administration and tax compliance consist of foreign and domestic private equity and venture capital investment companies, independent fund managers, as well as private equity and venture capital divisions of large industrial corporations, insurance companies and banks. Our customer base has been built solely on references that we have acquired in the industry through reliable operations over many years, and our clients know that we always stand by them and work as proficient and committed partners.
Services
- Taking over of complete accounting processes
- Preparation and, if necessary, execution of payment transactions
- Preparation of quarterly fund reports
- Preparation and analysis of portfolio companies reporting
- Data preparation and creation of fundraising presentations
- Management of capital calls and dividend distributions to investors
- Determination of compensation payments and interest up to the final closing
- Preparation of statutory financial statements in accordance with HGB and IFRS
- Preparation of tax returns and tax information for investors and carry-holders
- Reconciliation of domestic shareholders profit share in foreign funds from local GAAP to German tax
- Applications for repayment of capital (RoC) and analysis/declarations for PFIC (passive foreign income)
- Assistance with tax audits
- Support to auditors
- Trustee services in relation to escrow accounts when exiting portfolio companies
- Financial due diligence/quick reviews for the acquisition of portfolio companies
Contacts
What can we do for you?
Do you have open questions or need more information? Our team has a sympathetic ear for your questions and will be happy to assist you. You can reach us by e-mail as well as by phone at info@lmat.de and 089 896044-20.
