Business Model
Finhol AG (Switzerland - Canton Zug)
Company
Name:
Finhol PLC
Legal form:
Public limited company
Headquarters:
CH-6315 Morgarten, Oberacher 1
Commercial register no:
CHE-188.900.452
Share capital:
EUR 100,000
Shares
1,000 units (registered shares with a nominal value of EUR 100 per unit)
Shareholder:
Prof. Dr. Udo Amend – 100% of the shares
Supply:
Cash, no contributions in kind
Executive bodies of Finhol AG
Management Board / Board of Directors:
Prof. Dr. Udo Amend
Address:
CH-6315 Morgarten, Oberacher 1
Citizenship:
German
Born:
12.05.1954
Vita:
Visible on the platform -> Executive Board
Publications
Financial report:
Financial position quarterly in EUR (https://finhol.ch/en/financial-report/)
Proof:
Acquisition and storage of the underlying assets gold and Bitcoin
Target group
Offer:
Non-public offer to private investors
This offer is not aimed at the general public, but is limited to customers who contact Finhol on their own initiative, request a password via EMAIL and receive the password via EMAIL. Only then do customers have access to information regarding Finhol products.
Profile of the target group
Investor:
Qualified wealthy individuals (QWI)
Target group limitation
Number of investors:
Maximum 270 (QWP)
Citizenship limitation
Limited to:
Swiss, Germans, Austrians, Dutch
Consulting
No investment advice is provided regarding the privately placed individual products and their underlying assets, gold and Bitcoin.
Object
Product:
Privately placed products
Coverage:
Physically backed by gold and Bitcoin
Underlying values:
Gold & Bitcoin spot prices (EUR)
Deposit:
Sparkasse Karlsruhe Germany
Guarantee:
Finhol AG guarantees the repurchase of the shares at any time.
Products:
Issue value nominal EUR 5,000
Deposit protection Switzerland
In contrast to deposits, custody account assets, such as shares and fund units, crypto assets, are the property of the customer. In bankruptcy proceedings, they are completely segregated from the bankruptcy estate by law and handed over.
Gold holdings in the vault are also completely segregated from the bankruptcy estate by law in bankruptcy proceedings and are also handed over.
Fees
Purchase:
5 percent
Sale:
5 percent
Custody fees:
are not collected
Trading currency
Currency:
exclusively EUR
Payment:
must be made in EUR
Repayment:
must also be made in EUR
Product risk warning
Product risk:
Product risk: Gold and Bitcoin are subject to strong price fluctuations, and Bitcoin in particular is subject to extremely strong price fluctuations. Against this background, 7 different privately placed products are offered. These have different mix ratios. The higher the proportion of Bitcoin, the higher the risk. There is a significant risk of loss when buying and selling the privately placed products.
Privately placed products
Single product: 100% gold
Combi product: 10 % Bitcoin / 90 % gold
Combi product: 25 % Bitcoin / 75 % gold
Combi product: 50 % Bitcoin / 50 % gold
Combi product: 75 % Bitcoin / 25 % gold
Combi product: 90 % Bitcoin / 10 % gold
Single product: 100 % Bitcoin
Payment transactions
Payment / Repayment:
Exclusively via bank transfer
Platform activity
Trade:
The purchase and sale of products is only possible on working days.
Platform opening hours
Trading hours:
Online store: 9.00 to 17.00 (CET)
Privately placed certificate purchase
Purchase:
Upon receipt of the order (date, time), the spot base price of the underlying assets of gold and Bitcoin is automatically confirmed to the customer in EUR in writing by EMAIL.
Privately placed product sale
Sale:
Upon receipt of the sell order, the spot base price of the underlying assets of gold and Bitcoin in EUR is automatically confirmed to the customer in writing by EMAIL; payment is made immediately in EUR via bank transfer.
Marketing
Website:
(finhol.ch) not publicly accessible (password protected)
Website:
(finhol.li) not publicly accessible (password protected)
Website:
(finhol.de) not publicly accessible (password protected)
Search engines:
Crawler index blocked, cannot be found
Social media:
No existence at all
Investor approach:
Personal, not public
Investor communication:
KYC (Know Your Customer)
Examination:
Identity verification by uploading identification documents
When:
When opening an account before trading is possible
AML (Anti Money Laundering)
Limitation:
Purchase on the platform limited to a maximum of EUR 15,000
Extension of the limit:
Written proof of funds
Self-declaration by the investor
Investor confirms:
Private assets (net) without real estate at least EUR 500,000
Investor confirms:
Experience in trading gold and Bitcoin
GTC (General Terms and Conditions)
Investor:
Confirms to have read the GTC and declares consent
Automatic exchange of information (AEOI)
Since 2017, Swiss banks have been implementing the automatic exchange of information (AEOI) with other countries. Under the AEOI, information on accounts and securities custody accounts held by clients resident in country A at a financial institution in another country B is first reported by this financial institution to the national tax authority in country B. The tax authority of country B then sends the information to the tax authority of the client’s country A, which can compare it with the client’s personal tax return. The flow of information between the AEOI partner states is based on reciprocity, creating a network of data exchange. Translated with DeepL.com (free version)
Finhol PLC (not a bank, private company) is not subject to this system; no reports are prepared and forwarded with regard to investors.
Tax liability
Every investor is obliged to declare profits and losses from trading in the privately placed certificates of Finhol AG to their local tax office as part of their annual tax return.