The KUHNLE-TOURS boat charter GmbH & Co. Müritz KG offers name benefit rights, which are entered in the profit participation register of the company. This is an indirect participation in the activities of the KUHNLE group of companies. The KUHNLE Group is active in the water sports market, with the mainstays of the business being boat chartering, marinas, boat building and boat service & refit.
Profit participation rights have a securities law basis and grant a share in the profits and losses of KUHNLE-TOURS boat charter GmbH & Co. Müritz KG. The transferability is restricted for capital market legal reasons. The profit participation rights are accordingly issued as so-called registered rights of participation without securities securitization.
There is no margin requirement. In tax law, income from profit participation rights is classified as income from capital assets and is subject to the final withholding tax plus solidarity surcharge plus any church tax. The withholding tax plus solidarity surcharge and church tax for the basic distribution will be withheld and paid by the Company. Withholding taxes accruing on monetary benefits are to be paid by the shareholder himself. Exemption orders for capital gains can be deposited for the basic distribution. The church tax liability must be announced to the issuer.
Basic distribution: 5% p.a.
Minimum subscription: € 2,500 (maximum € 100,000 in 12 months)
Duration at least 5 years
The profit participation right
Type: Return-oriented, direct company participation in the form of profit participation rights for a limited group of investors (maximum 100,000 euros of the sum of all investment amounts received over a period of 12 months = small-capital investment)
Design:
- participation rights
- Participation in the profit and loss of the Issuer
- Entitlement to dividend payment
- Claim for surplus dividend
- Entitlement to repayment at book value after termination
Running time: at least 5 full years
Issue size: Max. 100,000 euros (sum of all investment amounts received in the period of 12 months in accordance with § 2 no. 3b VermAnlG)
notice period: two years to the end of the financial year
minimum subscription: One-time deposit from € 2,500 (maximum € 100,000 in 12 months)
Issue costs: no agio
Start-up losses: none
RIGHTS AND OBLIGATIONS OF THE PARTICIPANT
Dividend / Bonus:
- Basic distribution: 5% p.a. of the participation amount
- Surplus dividend pro rata from 15% of net income
- Basic discount: 2,5% p.a. of the participation amount
- Basic distribution bonus as seasonal conversion surcharge:
Rides in May until September = 30% on basic distribution
Ride in April and October = 50% on basic distribution
Payment of the dividend: once a year
The acquisition of this investment involves considerable risks and can lead to the complete loss of the invested assets.
The prospective yield is not guaranteed and may be lower.