Accounting for you as
Notary
Discover a new dimension in accounting with Seewara, customised for you as a Notary 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.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 Notary?
A notary is a legal professional who plays an important role in the legal system, particularly in the area of notarisation and legal advice. The tasks and responsibilities of a notary include:
- Notarising documents: notaries notarise important documents, such as contracts, wills, property transfers and articles of association. This involves verifying the authenticity of signatures and the identity of the signatories.
- Providing legal advice: notaries advise their clients on legal matters related to the documents they notarise and help them understand the legal consequences of their decisions.
- Drafting contracts: They draft and draw up contracts and other legal documents that meet legal requirements and protect the interests of the parties.
- Safekeeping of deeds: Notaries keep important documents, such as wills and contracts, safe and ensure that they are available when needed.
- Witnessing: Notaries can act as witnesses when documents are signed to confirm validity and authenticity.
- Issuing certificates of inheritance: In inheritance law, notaries are often responsible for issuing certificates of inheritance, which confirm the rightful heirs to the inheritance.
- Mediation: In some cases, notaries can also act as mediators to resolve conflicts between parties before legal action is taken.
- Verifying identities: Notaries are required to verify the identity of signatories to ensure that they are authorised to sign the documents.
- Advising on tax and financial matters: They often provide guidance on the tax and financial implications of transactions, particularly in the real estate sector.
- Compliance with regulations: Notaries must adhere to legal regulations and ethical standards to ensure the integrity and confidentiality of their services.
Overall, a notary plays a crucial role in the legal system by ensuring that important documents are properly created, notarised and stored, thus strengthening trust between parties in legal matters.