Plainly LP is the coordination layer for international investors in US funds, SPVs, and syndicates. Clarity on structure, obligations, and risk. One point of contact across the entire process.
When a German investor puts money into a US fund, nobody is responsible for what happens next on the local side. US funds focus on US tax and operations. They are not responsible for non-US obligations. German tax advisors are unfamiliar with US fund structures and K-1s. The investor is left to piece it together alone.
The result is missed filings, incorrect withholding, phantom taxation, and in some cases tax bills that dwarf the original investment gain. The gap is real. It is largely unmanaged. And it is structural.
Not tax advice. Not fund administration. Coordination, preparation, and navigation across every stage of the investor lifecycle.
The first question of every engagement. Everything downstream depends on whether you invest as a private individual or through a German holding company.
Investing as a German individual directly into a US fund or SPV. The classification question is critical. A misstep can mean the difference between 26% tax and 50%+, or paying German tax on money you have not yet received.
Based on €100k investment, 5x exit, 7-year hold. Tax cost at fund level only.
Investing through a German holding company. The tax profile is significantly more favourable. 95% of capital gains are exempt under §8b KStG, producing an effective rate around 1.5% on exit. The risks shift to compliance and threshold monitoring.
Based on €100k investment, 5x exit, 7-year hold. Tax cost at fund level only. Distribution to private shareholder triggers additional Abgeltungssteuer.
Most German LPs investing into US funds are missing at least three of these twelve items. Some are missing all of them. Covers the Rechtstypenvergleich classification analysis, W-8BEN/E filing, §180 AO unified tax assessment, AStG threshold monitoring, K-1 preparation, and exit documentation.
One email. One document. No follow-up sequence. We will only contact you again if you ask us to. Open the checklist page →
The problem exists across Europe and globally. Different intensity in each market, the same structural gap. Austria is near-identical to Germany. The Netherlands, Switzerland, Belgium, Luxembourg, France, Italy, Spain, Ireland, the Nordics, and the UK all have variants of the same challenge.
The methodology built for Germany transfers. The relationships built with LPs, advisors, and funds compound. Education is the wedge. Community is the moat.
We are in the early stages. The first cohort of investors will help shape the service, inform the workflow, and contribute to something that does not yet exist properly anywhere.
No commitment. No invoice. Register your interest and we will be in touch to understand your situation.
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