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ARTICLE · 26 MAY 2023

Update Future Financing Act – Focus On Employee Participation In Germany

McDermott Will & Emery
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On April 12, 2023, Germany's Federal Ministry of Finance and the Federal Ministry of Justice published the draft bill for a law on the financing

GermanyFinance and Banking
Dr. Florian Schiefer
Dr. Florian Schiefer
Sebastian Bonk
Sebastian Bonk

On 12 April 2023, the Federal Ministry of Finance and the Federal Ministry of Justice published the draft bill for a law on the financing of future-proof investments(Zukunftsfinanzierungsgesetz - "ZuFinG-E").

The draft pursues the ambitious goal of strengthening the performance of the German capital market and increasing the attractiveness of the German financial location in the European financial center through a large number of proposed amendments to company, financial market and tax law.

Among other things, improved tax framework conditions for employee equity participation are intended to make it easier for young companies to attract employees and to hold their own in the international competition for talent.

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