Company formation audits
Section 33 of the German Stock Corporation Act (AktG) requires a company formation audit conducted by external auditors for stock if any of the following four factors apply
- share takeover on account of a member of the managing or supervisory board
- a member of the managing or supervisory board is a founding member
- formation with contributions in kind or asset transfers
- granting benefits, compensation, reward to a member of the managing or supervisory board