A parent company must prepare consolidated accounts if it has a majority of the voting rights in its subsidiary or if it controls the subsidiary in some other way (through the ability to appoint or remove members of the management or supervisory body, or through an agreement with other shareholders).
This obligation applies to Public Limited Companies, Limited Liability Companies, Partnerships limited by shares as well as to certain General Partnerships and Limited Partnerships.
Insurance and reinsurance companies and credit institutions are exempt.
Our team prepares the consolidation package for you, determines the consolidation methods, prepares the accounts and assists with the audit.