Skill

legalcode-venture-financing-de

German venture financing skill covering the full lifecycle from pre-seed instrument selection through Series A and beyond. Use when advising on Wandeldarlehen (convertible loans under BGB §488), GESSI standard bilingual documents, GmbH/UG startup structure, mandatory § 15 GmbHG notarization for share transfers, the INVEST federal angel grant (15% acquisition + 25% exit via BAFA), founder liability under § 43 GmbHG, VSOP/ESOP under German law including § 19a EStG deferral, the EuVECA passport (Regulation EU 345/2013), and German VC market term sheet standards (Gesellschaftervereinbarung, Liquidationspräferenz, Verwässerungsschutz, Mitverkaufspflicht). Also triggers on: Wandeldarlehen valuation cap, Qualifizierter Rangrücktritt, GmbH capital increase, Gesellschafterliste, Handelsregister, DiRUG online GmbH formation, BAFA INVEST Zuschuss, Jahressteuergesetz 2024 equity reform, VSOP good/bad leaver BAG 2025 ruling, virtual options Lohnsteuer, phantom shares Germany, BaFin KAGB vs EuVECA, German down round anti-dilution, drag-along GmbH, UG haftungsbeschränkt Series A conversion, pre-money valuation cap Germany, GESSI bilingual convertible, INVEST Zuschuss angel tax-free. Germany-specific jurisdiction skill. Routes to deeper analysis modules for specific topics. Complements legalcode-de-gmbh-formation (formation) and legalcode-venture-financing-suite (cross-border router).