(2023)
Who qualifies as a joint entrepreneur?
A joint partner is someone who, together with at least one other partner, is an owner, tenant, and/or beneficiary of a business.
This means you are in a position to make economic decisions only together with your business partner(s) and to decide on the company's profit share. Such a partnership must take the form of a partnership for which the legislator provides three specific types:
- Civil Law Partnership (GbR)
- General Partnership (OHG)
- Limited Partnership (KG)
The type of partnership determines the extent to which joint partners participate in the profit and how the company is to be treated for tax purposes. In the tax return, you specify the type of business you operate or lease as a joint partner in the form of a partnership. Possible entries could be: "craft business", "real estate agent", "restaurant", etc. In addition to this information, you must also enter the tax number of each business and the respective tax office in the tax return.
The result of the respective profit calculation is entered in Form G for traders or in Form S for freelancers and other self-employed persons.
