No. The transfer is a standard procedure involving handover of documents and records, opening entries and authorisations. We carry it out seamlessly by timing the transition to the period-end, and in the first months we check the soundness of the previous records and report any risks. Two practical parts of the handover are easy to underestimate: the integrity of the records has to be preserved across the retention periods the Tax Procedure Law (No. 213) sets for books and documents, and the e-ledger, e-invoice, tax office and SGK authorisations all have to be migrated to the new arrangement. Handled that way the transfer completes without a break in operations and without a penalty exposure.
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