Where a US fund has more than one German investor, a unified tax assessment for the group is generally required. Their advisors confirm whether it applies. Plainly coordinates the work, without the fund taking on any of the responsibility.
A US fund with more than one German LP typically triggers a group filing in Germany. The fund does not file it. Each LP's own tax advisor cannot file it alone, because the filing covers all German investors in the fund together.
Left unmanaged, LPs can face double taxation, phantom taxation, and late-filing penalties, all of which a licensed advisor assesses case by case. The fund is left with frustrated investors and a question it cannot answer.
We collect each LP's consent and cost acknowledgment. We receive documents from you and your fund administrator only after written release consent. We package everything into an advisor-ready file, and a licensed German tax advisor prepares and files.
Questions flow through one thread you can see. Your LPs pay their own costs. You pay nothing.
Your LPs are supported across the whole life of their investment, not just at filing time. You stay out of all of it.
Works alongside any fund administrator.
Built by an experienced cross-border operations team.
Germany first, other European jurisdictions on the roadmap.
Nothing. Plainly charges the fund no fees. Each LP pays their own share of the actual advisory costs, disclosed before any work begins.
No. The fund does not file on behalf of its LPs, give tax advice, or take responsibility for their home-country obligations. The filing is between each LP and their licensed advisor.
Germany is the first jurisdiction. The same coordination model is being prepared for other European markets as advisor partnerships and local filing mechanics are confirmed.
No. Plainly works alongside your existing fund administrator. Your fund admin continues to handle accounting, capital calls, and reporting.
Each LP is the advisor's client. The fund is not a party to the advisor engagement unless it explicitly chooses to be.
Tell us roughly how many non-US LPs you have and we will walk you through what coordination would look like. No cost to the fund, at any point.