Skip to main content

Accounting for you as
Broker

Discover a new dimension in accounting with Seewara, customised for you as a Broker with mandatory accounting – without do-it-yourself software and without sole dependence on artificial intelligence.

The good news for you

As a freelancer without a business, you are exempt from the obligation to keep double-entry accounts under the Income Tax Act (EStG), regardless of turnover and profit. The principle of so-called simple bookkeeping applies to you.

Seewara is the best choice for you to have your bookkeeping done by professionals. Find out more about your field of activity and industry here.

Basic knowledge
Broker
Occupational groups

What you should know

Simple bookkeeping for businesses and the self-employed

Do you understand your accounting requirements? With Seewara, we offer a simple, transparent solution for businesses and the self-employed who want to keep track of their finances.

Who counts as a commercial enterprise?
Commercial enterprises include all companies that do not fall under the category of freelancers according to §18 EStG. This includes, for example, all commercial activities that are not exempt from the accounting obligation by law. Typical commercial enterprises are, for example, trading companies, craft businesses or limited liability companies (e.g. GmbH) that are either voluntarily or legally entered in the commercial register.

Limits for simple bookkeeping
Certain limits apply to commercial enterprises that are not required to keep accounts:

  • Turnover limit: 800,000 euros
  • Profit limit: 80,000 euros
    If your business does not exceed these limits, you can use the simplified income statement (EÜR) instead of complex double-entry bookkeeping.

Self-employed persons according to Section 18 EStG
Self-employed persons who work in one of the catalogue professions are also affected by special regulations. The catalogue professions include, among others:

  • Artistic activities
  • Scientific activities
  • Teaching and writing activities
  • Educational activities
    These professions are mentioned in the exhaustive list of §18 EStG and are considered to be self-employed regardless of the level of income.

Less bureaucracy, more freedom
Whether you are a tradesperson or self-employed – with our simple accounting solution, you can keep track of everything and save yourself unnecessary bureaucracy. Get in touch with us to customise your bookkeeping to your needs!

What do you actually do as a Broker?

A broker is a financial service provider who acts as an intermediary between buyers and sellers of financial instruments such as stocks, bonds, commodities or currencies. Brokers usually work for private individuals, institutional investors or companies. Their main task is to facilitate trading in securities or other assets and to execute transactions on behalf of their clients. Here are the main tasks of a broker:

  1. Facilitating purchases and sales: brokers accept orders to buy or sell various financial products on behalf of their clients and execute these on exchanges or over-the-counter trading venues.
  2. Market analysis and advice: many brokers also offer their clients advice on financial markets. They analyse market trends, company data and economic factors to make investment recommendations. This advice can range from the general to the highly specific.
  3. Managing client portfolios: Some brokers manage their clients’ portfolios under a discretionary mandate. They actively decide when and which securities to buy or sell in order to achieve the best returns and manage risk.
  4. Providing trading platforms: Online brokers provide trading platforms that their customers can use to buy and sell securities independently. These platforms offer access to real-time quotes, charts and analytical tools.
  5. Fees and commissions: Brokers typically earn money through transaction fees or commissions that they charge for each trade executed. These fees can vary depending on the broker and the type of transaction.
  6. Risk management: Some brokers also offer risk management services, for example, by using hedging strategies to minimise potential losses in client portfolios.
  7. Regulatory compliance: Brokers must comply with the laws and regulations of the relevant regulatory authorities. In many countries, brokers must be licensed and must adhere to strict rules regarding transparency and customer protection.
  8. Forex and commodity trading: In addition to stock and bond trading, many brokers also offer forex and commodity trading services, executing transactions for their clients.
  9. Client support: Brokers often provide support for their clients, helping with questions about transactions, explaining market movements and offering technical support for their trading platforms.

In summary: a broker facilitates trading in financial instruments and often also offers market analyses and advice. They act as a link between the financial markets and investors, efficiently processing transactions and sometimes also actively managing their clients’ portfolios.

Simple. Secure. Monthly subscription.

Easy payment by direct debit. Can be customised monthly.

Company

Support

Community

Legal

Do you have any questions or suggestions?

We are here for you every day from 6 a.m. to 10 p.m. – via WhatsApp or write an e-mail, or feel free to call us.

For better readability, we use the generic masculine.
The personal designations used throughout our range of products and services refer to all genders unless otherwise indicated.
For better readability, we use the generic masculine. The personal designations used throughout our range of products and services refer to all genders unless otherwise indicated.