Interim dividends are possible as of 1 January 2023

With the revision of company law, dividends can now be distributed from profits of the current year.

For the distribution of such a dividend from current profits, interim financial statements must be prepared during the year. These include the same items as the regular annual financial statements: balance sheet, income statement and notes, whereby the purpose of the preparation of the interim financial statements must be stated in the notes. The interim financial statements must be audited by an auditor unless all shareholders agree to the distribution and the claims of creditors are not at risk or in case of an opting-out.

The distribution of an interim dividend must be recorded in a general meeting resolution. Furthermore, as with the distribution of an ordinary dividend, the submission of the forms to the Federal Tax Administration and the payment of withholding tax must also be considered.