Are you willing want to set up a business in Germany? There are different ways to start an Company Registration in Germany. Germany corporate lawyers, as well as tax lawyers and company registration lawyers, will be pleased to advise in the matters relating to the establishment of your business in Germany. Our Enterslice team will guide you through the company's registration process in Germany.
Germany has tens of thousands of companies ranging from small sole ownership to large conglomerates. Indeed, a large part of the reason Germany's has the global economy's prominence can be linked to the Mittelstand's small and medium-sized enterprises (SMEs). The German government is very open to setting up all types of businesses–irrespective of whether a German or a foreigner is involved.
The five main forms for the Germany company Registration is
Limited Liability Corporation (GmbH)
GmbH-Private Limited Liability Company may be formed in cash or kind by at least one investor with a minimum share capital of EUR 25,000. In the last case, it is necessary to show the items used to make the contribution and their values in the association articles.
Stock Corporation (AG)
The German Joint Stock Company requires a higher share capital, at least EUR 50,000 and its members ' liability is limited by their capital contribution. A supervisory board and auditor must be appointed by the founding investors.
Mini GmbH – UG
The mini-GmbH is much like a corporation as a legal entity. It has a board of directors, and is subjected to corporate taxes, and able to purchase property, own assets. It's not that complicated to found the UG.
Partnerships
The limited partnership consists of two types of partners: limited partnership (silent partners) and unlimited partnership (general partners). Only general partners can make managerial decisions, and in the event of the entity's uncovered liabilities, their assets are not protected.
Sole Proprietor
If the entity faces bankruptcy, for the sole proprietorship is formed by a single individual without partners and having its assets not protected to Company Registration in Germany.
Steps for incorporation a Company Registration In Germany
- The legal form: This will be included for selecting among the types of companies available, as well as setting the business plan and structure management.
- Legal documents: One of our lawyers in Germany who specializes in enterprise formation will prepare the Association Articles for the new enterprise.
- Name: In the German Trade Register unique names can be registered. This is why investors are advised to check it at the local industry and trade chamber at the beginning.
- Setup: The association articles and the association memorandum must be notarized, and therefore the company is set up in Germany before a notary public.
- Bank account: The name of the company and a bank account in Germany must be open, and the minimum share capital has to deposit and the bank certificate proving this has to be issue. A notice of this deposit is presented to the notary public who handled the company's establishment along with bank statements.
- Document submission: Notarised documents must be deposited in the local courts along with the certificate of deposit to Company Registration in Germany in the local business register.
For more information, contact the team of experts at Enterslice.
