Small companies are not subject to an audit
Small companies are not subject to an audit requirement, and may satisfy the
publication requirement by depositing electronically a condensed balance sheet
and notes thereto, but without a profit and loss account.
Medium-size and large companies must have their financial statements audited, but the publication
requirements for medium-size companies are easier to fulfil, and these
companies are exempt from various otherwise required disclosures. Large
companies are subject to the full publication requirement, i.e., depositing their
full annual report with the trade register and electronic publication in the
Federal Gazette (e-Bundesanzeiger) and one other newspaper as well as on the
internet.
There are additional publication requirements for companies that are
listed, or publically issue bonds, in Germany.
EU Forecast
euf:ba18e:102/nws-01