PETERS, SCHÖNBERGER & PARTNER

PORTRAIT OF A FIRM PHOTOS: KARSTEN DE RIESE, 83623 DIETRAMSZELL PORTRAIT PHOTOS: ELEANA HEGERICH, 81925 PHOTOS: KARSTEN DE RIESE, 83623 DIETRAMSZELL PORTRAIT

Legal Advice Audit Tax Advice Family Office

MUNICH ZURICH

SCHACKSTRASSE 2 80539 MUNICH PHONE: +49 89 38172-0 FAX: +49 89 38172-204

[email protected] www.psp.eu THE FIRM BETWEEN SIEGESTOR AND UNIVERSITY

On the basis of its successful history spanning more than 35 years, Peters, Schönberger & Partner is one of the most highly regarded mid-sized firms in . As tax consultants, auditors and lawyers, we assist you when you make important decisions and help you put them into effect.

Our clients include small and medium-sized firms, family enterprises, wealthy private persons and private equity firms that seek interdisciplinary and customised advice. You will find that we are a professional, reliable and assertive partner that represents your legal and tax interests with passion and also performs the traditional tasks of auditors. The PSP Family Office also assists you in structuring your wealth and has proven expertise in the fields of succession, foundations and real estate.

“We offer interdisciplinary and customised advice.” INTERDISCIPLINARY ADVICE TO SECURE YOUR SUCCESS

Peters, Schönberger & Partner has long taken an interdisciplinary approach in which tax consultants, auditors, lawyers and our Family Office work together. This is also a key element in our business culture. On the basis of the combined efforts of various disciplines, we develop solutions that are specially tailored to you and therefore take account of your specific concerns. In this way, we avoid inefficiencies, communication gaps and duplicate costs. We work in a result-oriented manner and stand for clear statements, adherence to deadlines, a sense of proportion, tact and individual solutions.

“Our top priority is the long-term satisfaction and success of our clients.” LEGAL ADVICE

As entrepreneurs, managging direcctors and private persons, you are confronted with a steadily growing number of national and in- ternational laws and regulations in your decision-making. We assist you in legally implementing and securing your business and private decisions. In addition, we offer you professional support when you have to enforce or defend your rights before the court.

Thanks to our interdisciplinary approach, we do not deal merely with the purely legal issues. We also always focus on the commercial back- ground and peculiarities of the different sectors and corporate forms. In this way, we provide efficient, understandable, practical and results- oriented support.

Internationally, we cooperate with law firms with whom we have worked for many years and who, on the basis of our personal experience, have the necessary expertise.

“We combine legal skills with commercial expertise.” LEGAL ADVICE

Examples of our advisory expertise

n Corporate, business and contract law n M&A and corporate finance (legal due diligence, structuring of transactions, contract negotiations, post-closing disputes) n Structuring asset transfers under family and inheritance law, developing succession models and estate planning n Real estate (acquisition, financing and development of properties, fund structures, planning and implementing building projects, assisting communities of owners, commercial rent) n Compliance (risk analyses), Compliance management, advice in an emergency situation, Compliance due diligence n Technology transfer, research cooperation agreements, patent law, trademark law, copyright and copyright contract law n Foundation law, law of associations, non-profit tax law

Further areas of advice

n Labour law n Intellectual property law n Information technology law n Reorganisation and insolvency law n Anti trust law issues n Industrial distribution and supply relationships AUDIT

Our auditors help you achieve your business With our transaction advisory team, we offer objectives. A significant part of our work involves private equity and investment firms a particular auditing separate and consolidated financial partnership. We assist you prior to, during and statements of larger and global mid-sized firms or after a transaction, advise you when you make family businesses. In addition, our work includes decisions and support you in structuring and auditing subsidiaries of international groups as implementing a transaction. well as public sector enterprises and foundations. Internationally, we cooperate with DFK Interna‑ In our audits, we always focus on understan- tional – a globally organised association of inde- ding your individual business processes and on pendent audit and consulting firms. This enables the informative value of your reports. Besides us to offer you services of the highest quality our pure audit work, we view ourselves as a even in cross-border engagements. sparring partner that can offer ideas to manage- ment and the supervisory board and as a trusted partner for your business. Accordingly, we analyse your business from the standpoint of the decision- makers or those that prepare the decisions.

“We offer you a partnership based on trust.” AUDIT

Examples of our advisory expertise

n Statutory and voluntary separate and consolidated audits under German standards (HGB) and IFRS n Corporate transactions / M&A projects (financial and tax due diligence, business valuations, determining methods and models to calculate a purchase price) n Compliance audits and further special audits (forensic examinations and fraud audits, compliance and process audits) n Handling business transfers (buying and selling of com- panies, restructurings, changes among shareholders or partners, advising on management buy-outs and buy-ins) n Performing IT audits (IT systems audit, software selection and software introduction processes, IT due diligence, IT forensic services) n Certification of Compliance systems in accordance with IDW PS 980

Further areas of advice

n Preparing business valuation opinions in arbitration proceedings n Organising international reportings, preparation of reports and consolidations n Advising on introduction of IFRS n Setting up reporting systems n Consolidation organisation and projects n Controlling and risk management TAX ADVICE

With its numerous exceptions and special rules, We are conversant with the special needs of mid- national and international tax law is in a state sized and family-managed firms and the particu- of constant flux. While you are confronted with lar issues facing investors. We develop optimised ever-changing challenges as an entrepreneur recommendations for your ideas and strategies and private person, this also offers you a wide to strengthen your market position. In assisting range of opportunities. private individuals in their tax affairs, we take into consideration their family background and Our tax advice always takes account of your personal life plans as well as the next genera­ needs and your personal situation. Whether you tion. Our services cover compliance with tax re- are an entrepreneur, investor or private person, turn obligations, issues concerning personal tax our wealth of experience and interdisciplinary planning and optimisation as well as structuring approach enables us to offer you in-depth and wealth succession arrangements. comprehensive advice in all areas of tax law. It goes without saying that we look beyond natio- nal borders.

“Tax creativity for your individual requirements.” TAX ADVICE

Examples of our advisory expertise

n Advising on tax-optimised structures and tax planning (choice of legal form, structuring of capital measures, tax planning calculations, designing acquisition and invest- ment models) n Preparing tax returns and separate financial statements n International tax law (inbound and outbound planning, cross-border corporate transactions and investments) n Business succession (inheritance and gift tax, succession planning, tax issues associated with moving to and leaving Germany) n National and European VAT law (exports and imports of goods and services, acting as expert, assisting in tax audits) n Implementation, design and audit of tax compliance systems n Setting up, supporting and reviewing transfer pricing systems n Tax disputes and criminal tax law (voluntary disclosures­ of unreported income, assistance in tax investigations and criminal tax proceedings) n Advice concerning special IT audits

Further areas of advice

n Optimising M&A transactions from a tax perspective n Assisting in tax audits n Company pension plans n Tax opinions for fellow professionals FAMILY OFFICE

Large estates are normally complex and mana- A key element of our work covers wealth ging them involves a great deal of time and effort. monitoring, in the course of which we regularly It is therefore often difficult for owners to keep report on the performance of your assets. You can track of everything. To enable you to make the decide on the scope of the reports. right decisions at all times and to protect your wealth in a financial world that changes from As independent advisers, our sole obligation is to day to day, we help you develop a customised you, your objectives and your financial future in wealth profile that reflects your life plan. order to justify the trust you place in us.

Our interdisciplinary approach enables us, as tax consultants, certified financial planners, auditors and lawyers, to offer you expert advice in all aspects of wealth management. Together with you, our Family Office draws up individual wealth strategies and supports you in implementing them. In doing so, we are guided by your family situation, your risk profile and your return expectations. Our constant goal is to create and preserve value jointly with you.

“Our only obligation is to you and your wealth.” FAMILY OFFICE

Examples of our advisory expertise

n Wealth analysis and preparing a statement of assets n Wealth planning and selecting wealth managers n Devising and implementing a wealth strategy n Monitoring asset performance, investment and cost management n Comprehensive asset reports and tax planning n Transferring wealth inter vivos and on death, administration of wills, health care proxy and living wills n Devising and implementing a foundation-based solution n Auditing the financial statements of foundations and monitoring foundation assets A NATIONAL AND INTERNATIONAL PRESENCE

We operate wherever our clients need us, as we are aware that personal advice does not end at the border. This is why we have been a member of DFK International for many years. DFK is a signifi cant international association of independent audit and tax consulting fi rms. It embraces more than 400 offi ces in 85 countries. Through DFK International, we always have a local presence and can also advise you on cross-border matters individually and personally. With the combined expertise of DFK International, we are able to support you worldwide with the services that you expect from us.

In addition, we maintain personal contacts to many excellent advisers abroad. These have grown over the years and also enable us to give you prompt and effi cient advice on complex international issues.

Moreover, in complex matters we ourselves work abroad locally. Besides overall coordination, we ensure that examinations, negotiations and the fi nal documentation meet your requirements.

Through DFK, we have a local presence in 85 countries. PARTNERS

DR. JÜRGEN PETERS CHRISTOPHER SCHÖNBERGER BERNHARD WINTERSTETTER HARALD DÖRFLER ROLAND W. GRAF STEPHAN NOWACK STEFAN GROß DR. AXEL-MICHAEL WAGNER Born in 1942 Born in 1948 Born in 1951 Born in 1959 Born in 1963 Born in 1967 Born in 1968 Born in 1973

Qualifi cation as attorney-at-law and Qualifi cation as public auditor and Qualifi cation as public auditor and Qualifi cation as public auditor and Qualifi cation as attorney-at-law and Qualifi cation as public auditor and Qualifi cation as tax consultant and Qualifi cation as attorney-at-law. tax consultant; doctor of law. tax consultant. He worked as a tax consultant. tax consultant. He started his career tax consultant. He began his tax consultant. He started his certifi ed information systems auditor He began his career in 1999 at Before founding Peters, Schönberger & manager in the audit department of He worked as a manager in the audit in 1984 at Peters, Schönberger & career in 1991 at KPMG in Munich career in 1993 in Deloitte‘s audit (CISA). He began his career in 1997 Peters, Schönberger & Partner. Partner in 1979, he worked as a tax Peat, Marwick, Mitchell & Co (now department of Peat, Marwick, Mitchell Partner. Partner. and worked as a senior manager department in and joined at Haarmann Hemmelrath in Munich. Partner. manager at Peat, Marwick, Mitchell & KPMG) in Munich and prior to & Co (now KPMG) in Munich. In in the tax department prior to joining Peters, Schönberger & Partner in He joined Peters, Schönberger & Managing director of the PSP GmbH Musician and badminton player. Co. (now KPMG) in Munich. founding Peters, Schönberger & Partner 1982, he teamed up with Dr. Jürgen Peters, Schönberger & Partner in 1998. Partner in 1998. Steuerberatungsgesellschaft in Partner. in 1979 with Dr. Jürgen Peters. Peters and Christopher Schönberger. 2000. Partner. Partner. Bad Tölz. Partner. Partner. Partner. Impro actor and ”olivant”. Skier and mountain biker. Hobby-sommelier and car enthusiast. Harley rider and hobby cook. Family father and in-house psychologist. Drummer and “Hutzenbauer”. Tennis player and skier.

ANDREAS VOGL DR. HANNSPETER RIEDEL MAIK PAUKSTADT DR. ALEXANDER REICHL MAX BOETTCHER, LL.M.* DR. CHRISTOPH WALLNER* STEFAN HEINRICHSHOFEN* DR. CHRISTIAN WIGGERS* Born in 1974 Born in 1959 Born in 1971 Born in 1976 Born in 1968 Born in 1968 Born in 1960 Born in 1969

Qualifi cation as public auditor and Qualifi cation as attorney-at-law, tax Qualifi cation as tax consultant and Qualifi cation as tax consultant. Qualifi cation as attorney-at-law and Qualifi cation as attorney-at-law. Qualifi cation as attorney-at-law, Qualifi cation as attorney-at-law. tax consultant. lawyer and lawyer specialised in certifi ed fi nancial planner (CFP). He began his career in 2005 at tax consultant. He began his career He began his career in 1995 at tax lawyer and tax consultant. He He began his career in 2002 at He began his career at Peters, Schön- commercial and corporate law. He He began his career in 1997 at Peters, Schönberger & Partner and in 1996 at Hasche Eschenlohr (today Gaedertz Rechtsanwälte in Munich. began his career in 1993 at Haar- Haarmann Hemmelrath & Partner berger & Partner in 1999. began his career in 1988 as attorney- Haarmann Hemmelrath in Munich. He moved to Flick Gocke Schaumburg CMS Hasche Sigle) in Munich. He He joined Peters, Schönberger & mann Hemmelrath & Partner and was and afterwards was a lawyer at Partner. at-law at Buse Heberer Fromm joined Peters, Schönberger & Partner in 2010. He returned to Peters, joined Peters, Schönberger & Partner Partner in 2000. later a partner at Nörr, Stiefenhofer & Noerr LLP from 2007. He joined (formerly Spitzweg) and later became in 1998. Schönberger & Partner in 2013. in 1999. Partner. Lutz. He joined Peters, Schönberger & Peters, Schönberger & Partner in Pianist and skier. a partner in the fi rm. He moved to Partner. Partner. Partner. Partner in 2012. Partner. 2013. Partner. Skier and sailor. Peters, Schönberger & Partner in 2013. Mountain biker and surfer. Angler and hiker. Tennis and golf player. Family father and soccer fan. Vintage car fan and hiker. Partner.

Literature fan and hiker.

DR. CHRISTIAN ESCHNER* GABRIELE ERHART* DR. THOMAS FRITZ* DR. EIKE W. GRUNERT* DR. HENNING BLAUFUß* HANS ROBERT RÖTHEL* DR. AXEL VON BREDOW, MBR* OLIVER MÜNZ* Born in 1975 Born in 1969 Born in 1972 Born in 1970 Born in 1975 Born in 1951 Born in 1981 Born in 1968

Qualifi cation as public auditor and Qualifi cation as public auditor and Qualifi cation as tax consultant. He Qualifi cation as attorney-at-law; Qualifi cation as attorney-at-law and Qualifi cation as attorney-at-law. He Qualifi cation as tax consultant; Qualifi cation as public auditor and tax consultant. He began his tax consultant. She began her began his career in 2003 as tax doctoral degree dr. jur. He started his lawyer specialised in commercial worked as a partner in a law fi rm doctorate (Dr. oec. publ.) at the tax consultant. He began his profes- career in the audit department of career in the tax consulting and audit consultant at Ernst & Young and was career in 2002 in the Munich-based and corporate law. He started his specialised in industrial property Ludwig-Maximilians University in sional career at KPMG in KPMG in Munich. He joined Peters, department of a mid-sized fi rm. later a partner at Dr. Mohren & branch of the international law career at Peters, Schönberger & protection as well as in a law fi rm Munich. He began his career in in 1996. Since 2007, he was in a Schönberger & Partner in 2009. She joined Peters, Schönberger & Partner. fi rm Gibson, Dunn & Crutcher LLP. Partner in 2008. specialised in non-profi t organisations. 2007 and joined Peters, Schönberger leadership position in a commercial Partner. Partner in 2015. Partner. He joined Peters, Schönberger & Partner. Furthermore, he was sole managing & Partner in 2011. management in the USA and was Partner. Partner in 2015. director of a factory for prefabricated Partner. working for medium-sized multidisci- Sportsman and hobby political Graphic novel fan and medievalist. Cellist and Alfi sta. Partner. parts und partner at LKC from 2007. plinary law fi rms. He joined Peters, scientist. Travel fan and literature enthusiast. Alpine touring enthusiast and He joined Peters, Schönberger & Schönberger & Partner in 2017. Producer of operas and mountain mountain biker. Partner in 2016. Partner. Partner. hiker. Hunter and patron of concert halls. Skier and baseball fan. *non-shareholder of the partnership ASSOCIATES OF COUNSEL

ANJA PETERSHAGEN HEIKE SCHWAB INA BESTLER NICOLA KETTERL PROF. DR. KURT FALTLHAUSER PROF. DR. MANFRED ORTH Born in 1969 Born in 1968 Born in 1968 Born in 1977 Born in 1940 Born in 1948

Qualifi cation as public auditor and Qualifi cation as tax consultant. Qualifi cation as public auditor and Qualifi cation as public auditor and Former Bavarian fi nance minister; Qualifi cation as attorney-at-law, tax tax consultant. She began her career She began her career in 1997 tax consultant. She began her career tax consultant. She began her career former head of the Bavarian consultant and public auditor; he in 1994 at Peters, Schönberger & at Peters, Schönberger & Partner. in the tax consulting and audit depart- in 2001 at Peters, Schönberger & Prime Minister’s Offi ce; former was formerly working in the fi nancial Partner. Associated partner. ment of a mid-sized fi rm. She joined Partner. parliamentary secretary of state in the administration of Hesse and as a Associated partner. Peters, Schönberger & Partner in Associated partner. Federal Finance Ministry; honorary partner in the tax departments of Cinéaste and yogi. 2001. Associated partner. professor of the economics faculty KPMG as well as Ernst & Young and Mother and book lover. Photographer and Canada fan. at the Ludwig-Maximilians-University in a law fi rm (Oppenhoff & Rädler); Runner and sailor. in Munich. He joined Peters, honorary professor at the Justus-Liebig Schönberger & Partner in 2008. University in Gießen. He joined Of counsel. Peters, Schönberger & Partner in 2015. Of counsel. Tennis player and arts lover. Skier and hiker.

ANDREAS BRAUN MARTIN NETTER CHRISTIAN PALM, LL.M. NICOLE AMMERLAHN Born in 1975 Born in 1978 Born in 1976 Born in 1984

Qualifi cation as public auditor and Qualifi cation as Certifi ed Financial Qualifi cation as attorney-at-law Qualifi cation as public auditor. She tax consultant. He began his career Planner (CFP). He began his career in and tax consultant. He began his began her career in 2007 at KPMG in tax consulting and auditing at a 2003 in the private banking sector at career at Peters, Schönberger & in . From 2009 she worked multidisciplinary fi rm. Moved to a big German bank and afterwards Partner in 2008. at KPMG in Munich, most recently Peters, Schönberger & Partner in worked as a portfolio manager in an Associated partner. as authorised representative in 2008. Associated partner. independent asset management fi rm. auditing. She joined Peters, Skier and mountain biker. He joined Peters, Schönberger & Schönberger & Partner in 2014. Golfer and hobby gourmet. Partner in 2008. Associated partner. Associated partner.

Trader and mountain athlete. Jogger and skier.

SVEN JACOB ANDREAS BAUER BENJAMIN RAPP DR. KRISTIN HEIDLER Born in 1976 Born in 1980 Born in 1983 Born in 1975

Qualifi cation as public auditor and Qualifi cation as public auditor and Qualifi cation as tax consultant. Qualifi cation as tax consultant. She tax consultant. He started his career tax consultant. He began his He started his career in a tax began her professional career at a in 2011 at Pricewaterhouse Coopers career in auditing in 2006 at Ernst consulting fi rm focussing on consul- law company specialised in tax in Munich. He joined Peters, & Young in Munich. He joined ting family-owned enterprises and advice and audit of non-profi t Schönberger & Partner in 2014. Peters, Schönberger & Partner in then changed to the Munich-based corporations in 2007. She joined Associated partner. 2014. Associated partner. offi ce of the international law Peters, Schönberger & Partner in fi rm Allen & Overy LLP in 2011. He 2015. Associated Partner. Racing cyclist and barista. Hobby soccer player and stock joined Peters, Schönberger & market expert. “Fasslerin” and mountain climber. Partner in 2016. Associated partner.

Asia fan and sportsman. You will find further information on our range of services in the following brochures:

Small and mid-sized firms

Family businesses and entrepreneurs

Family Office / private clients

Private equity firms

PSP 500 01/17 STEP