Company Registration Germany
With a friendly time zone and a GDP per ca-pita of $37,900, Germany is an ideal country to set up a business. Germany’s location in the middle of Europe offers great opportunities for networking and business. Every European country can be accessed from Germany within a few hours either by car, train, or plane.
Germany is considered one of the most successful countries within the Eur-ozone it has a booming economy along with solid infrastructure, skilled work force and education system. Germany has a highly advanced banking system and has double tax agreements with over 80 countries worldwide.
Company Registration Germany is an extremely rigid but straightforward process when completed correctly. Company Registrations Worldwide.com can assist you in the process of registering a company in Germany. We work with locally based professionals who are familiar with all aspects of German company law; this will ensure the smooth set up of your German company.
Company formation in Germany can be a complicated and laborious process. CompanyRegistrationsWorldwide.com can help with this. Local knowledge is essential and our professional staff can assist you with every aspect of company formation in Germany. We will streamline the process and have your German company set up in the quickest possible time frame.
Company Registration Germany – what are the main types of companies?
There are five main forms of German company incorporation:
- Limited Liability Corporation (GmbH)
- Mini GmbH – UG
- Stock Corporation (AG)
- Sole Proprietor
Setting up a GmbH company – what is involved?
- The minimum share capital is €25,000
- It is the most common form of business venture in Germany
- Simple structure designed for private companies only
- The minimum number of shareholders is one.
- A registered office is required.
- A visit to Germany is required.
Mini GmbH – UG - what is involved?
- Smaller version of the GmbH.
- Minimum share capital of €1 (We recommend between €500 and €1000).
- Minimum number of shareholders and Directors is one.
- A registered office is required.
- Visit to Germany is required.
Setting up an AG company – what is involved?
- The minimum share capital for an AG is €50,000
- The standard corporate form for major public companies
- The minimum number of shareholders is one
- Subject to heavy regulation as a listed company
Setting up a partnership – what is involved?
- Available as a general (oHG) or limited (KG) partnership
- Foreign investors tend to prefer limited-liability KG partnerships
- Minimum of two partners, one of which can be a GmbH company
- Generally used in Germany for small and family-owned businesses
Setting up a sole proprietor company – what is involved?
- The simplest and least-regulated form of company type
- Registration required in commercial register and local trade office
- Sole trader has unlimited liability for all liabilities and debts
- Profits are subject to German income tax at individual rates
Can I get a German VAT number?
CompanyRegistrationsWorldwide.com can assist you with getting your new German company VAT registered. CompanyRegistrationsWorldwide.com work with fiscal advisers based throughout Germany such as Berlin and munich. Obtaining a VAT number is an essential part of German company formations.
*Please note that in order to obtain a VAT number for your German company a virtual office is an essential requirement.