Relocation of electronic accounting and electronic records abroad
March 30, 2021
Relocation of electronic accounting and electronic records abroadMarch 30, 2021 Due to the global interdependence, the German subsidiaries of foreign corporations are increasingly required to relocate account¬ing and recording activities to the corpora¬tion's headquarters or central accounting departments abroad. As a side effect, such centralisation usually reduces the costs of accounting and recording activities. Subject to certain prerequisites under German law, it has been possible for quite some time now to relo¬cate electronic accounting and electronic records abroad. Read the full briefing here. Key contacts
Latest InsightsLatest Eventslegal updates September 14, 2026 Global Sustainability & ESG Insights - August 2026 legal updates September 10, 2026 Global Life Sciences & Healthcare Bulletin legal updates September 10, 2026 Hong Kong: PCPD issues further guidance on best practices in the use of age... legal updates September 10, 2026 EU WEEE Directive Reform: Tighter Rules, Rising Costs |