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| You have a good year and prepay several years BVG. This goes in your company "pot". On Jan 1 of each year it is then paid over to your employees accounts or paid monthly as you wish. Once it is paid into the pot of the accounts it can't be touched. Only you have several years of money paid in and when you liquidate the company you get to collect the pot into your personal pension fund. | |
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Former employees also have a claim on the liquidated company pension. Moreover, the tax officer can assess such windfalls as tax evasion and "deemed dividends" (in German verdeckte Ausschuttung) because the same person is both the employer and the beneficiary employee.