According to the explanatory memorandum to the Act, the primary objective of the Fondsstandortgesetz was to improve Germany's international competitiveness as a location for employee share ownership, particularly with regard to start-ups. In addition, the disadvantage for Germany as a fund location caused by the levying of VAT on the administrative services of venture capital funds should also be eliminated. Almost unnoticed and shortly before its adoption by the Bundesrat, a significant improvement in the so-called "taxation" of the German economy has also been achieved.
extended reduction for real estate companies found its way into the law. This article will briefly introduce the latter two topics with a view to practical applications.