International Corporate Law Hamburg - Tax Advisory, Audits, Legal Advice

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Nordic
Brilliant
Smart

High-quality consulting

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NORDIC
BRILLIANT
SMART

HIGH-QUALITY-CONSULTING

WE LOVE SUCCESS.
THAT IS WHY WE WANT
YOU TO BE SUCCESSFUL.

International corporate law

nbs partners advises mid-sized and capital market-oriented companies as well as private individuals from Hamburg. Personal. Interdisciplinary. Forward looking. For more than 40 years.

Our aspiration: We stand by your side. At all times. We make your project our joint project – and create real added value. By not only guiding, but also pointing out new opportunities and paths. We understand entrepreneurs, because we are entrepreneurs. You can count on that.

LAW

We understand the law – and look after your rights.

AUDIT

We do not just audit your financials. We examine your opportunities.

TAX

We know what you need to know – create room for you to manoeuvre.

CURRENT ISSUES

2.July.2025

News

Discontinuation of the EU Online Dispute Resolution Platform on 20 July 2025 – Essential Information and Actions for Businesses

As of 20 July 2025, the European Commission will permanently discontinue the Online Dispute Resolution (ODR) platform. From that date forward, the platform will no longer be available and access will be deactivated. Background Launched in 2016, the ODR platform was intended to provide consumers and businesses with a simple and centralized means of resolving disputes out of court. However, despite its EU-wide applicability, the platform was rarely used in practice. For reasons of efficiency and cost, the European Commission has therefore decided to discontinue the platform. This decision …

19.March.2025

News

Suspicion of money laundering: Bank does not have to pay a customer’s legal fees even if there is a delayed repayment when suspicious activity is reported (OLG Frankfurt am Main)

On February 25, 2025, the Higher Regional Court of Frankfurt am Main ruled (Case No. 10 U 18/24) that a bank that does not disburse a customer's funds for several days due to a suspicious activity report filed under money laundering law is not obliged to reimburse the customer's legal fees. Background to the case Within a few days, the plaintiff's account was credited with two large amounts (totaling EUR 1 million). Due to these unusually high amounts, the bank reported the transaction to the Financial Intelligence Unit (FIU) in accordance with Section 43 of the German Money Laundering A…

4.March.2025

Audit News Mandates

Uncertainties of CSRD adjustment: The VSME reporting standard as a way forward?

Background: Uncertainties of CSRD adjustment Last week, the EU Commission presented its proposals for revising the Corporate Sustainability Reporting Directive and other legal acts (see our previous post for more on this). Since it is unclear at this stage which simplifications will pass through parliament, large companies (according to the German Commercial Code, i.e. HGB) with fewer than 1000 employees are facing a great deal of uncertainty. Even if a two-year postponement to 2028 (report on the 2027 financial year) is considered likely, companies could receive data requests from large bu…

4.March.2025

News

Federal Court of Justice ruling on data reporting to SCHUFA – Non-material claim for damages in the event of impermissible reporting of disputed or non-enforceable claims

In its judgment of January 28, 2025 (Case No. VI ZR 183/22), the 6th Civil Senate of the Federal Court of Justice ruled that the defendant is entitled to non-pecuniary damages in the amount of 500 € under Art. 82 (1) GDPR as the plaintiff had reported the defendant's personal data to SCHUFA without authorization. This report was inadmissible because the plaintiff's claims were disputed and not legally enforceable. The unjustified entry affected the defendant's creditworthiness and made it more difficult for her to participate in economic life. In this case, a mobile phone provider had arran…

27.February.2025

Audit News

European Commission’s omnibus proposal on sustainability reporting

On 26 February, the European Commission published its proposals to relieve the burden on businesses by adapting several sustainability regulations. The proposals for the so-called Omnibus Directive address the Corporate Sustainability Reporting Directive (CSRD), EU Taxonomy, Corporate Sustainability Due Diligence Directive (CSDDD) and the Carbon Border Adjustment Mechanism (CBAM). In the following, we summarise the far-reaching proposed changes for CSRD, CSDDD and Taxonomy. Changes to the scope of application and shifts First of all, the thresholds are to be aligned and increased. The in…

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International corporate law

LAW

AUDIT

TAX

CURRENT ISSUES

NEIGHBOURLY
BRILLIANT
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People

Pascal Verma

Partner

Charlotte Thiede

Tobias Schreiber

Partner

Dr. Karsten Bornholdt

Partner

Nadine Garir

Jelena Marie Hiebl

Dr. Simon Norris

Senior Consultant

Tino Rühmkorb

Partner

Dr. Martin F. Köhler

Of Counsel

Boris Michels

Partner

Wolfgang Paul

Jaroslaw Norbert Nowak LL.M.

Daniel-André Danneberg

Director

Steffen Lohmann

Kolja Spee

Dirk Kohlenberg

Partner

Tatjana Sigl

Director

Olaf Matschernus

International corporate law

LAW

AUDIT

TAX

CURRENT ISSUES

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