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Old 27.11.2012, 16:37
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Pension Fund Withdrawal (BVG)

Hello

I need some insight on the following situation :

I am in process of starting my own GmbH as a sole subscriber and employee.I wish to withdraw my pension to use the amount as a capital/working capital.I did had a mail corrospondence with my pension fund managing company and they reverted that I cannot withdraw my pension in case of GmbH but if I start a sole propritorship, they can allow me to withdraw.

Due to my permit renewal, (B permit-expired), I was advised by my lawyer that I stand a chance to get a permit in case I start a GmbH.

I need to know :

1. Is it correct that the pension withdrawal is allowed only in case of a propritorship firm and not for GmbH even though I would be the sole person in that?

2 I know that I can initially start a sole propriorship firm and than convert in GmbH to withdraw, but than the chane for getting my permit renewed is reduced .

Your inputs would be highly appreciated.

Thanks in advance..

Pani

P S: Mods if you think I am posting this in wrong forum, please shift it to the correct one.

Thanks
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