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Company Formation in Germany

Company formation service in Germany is a professional service that helps foreign investors and entrepreneurs to start and register their businesses in Germany. Germany is one of the largest and most developed economies in Europe and the world, offering a favorable business environment, a skilled workforce, a high level of innovation, and a strong legal system. Germany also provides access to the European Single Market, which is a huge advantage for trade and investment.

There are different types of legal entities that can be established in Germany, such as:

•  Limited liability company (GmbH)

•  Stock corporation (AG)

•  European stock corporation (SE)

•  Mini-GmbH (UG)

•  Partnership (OHG, KG, GbR)

•  Sole proprietorship (Einzelunternehmen)

Setting up a German GmbH

Registration of GmbH company in Germany is a process that involves several steps and documents, such as:

•  Choosing a unique and suitable company name and reserving it with the local Chamber of Commerce and Industry (IHK)

•  Drafting and signing the articles of association (Gesellschaftsvertrag) with the help of a German notary. The articles of association must contain information such as the company name, address, object of activity, share capital, and shareholders

•  Opening a bank account and depositing the minimum share capital of 25,000 euros. At least 12,500 euros must be paid in cash before registration

•  Submitting a notarized application to the Commercial Register (Handelsregister) via the notary. The application must include the articles of association, the proof of share capital deposit, the identification documents of the managing directors, and the tax identification number of the company

•  Registering the company with the local trade office (Gewerbeamt) and obtaining a trade license (Gewerbeschein)

•  Registering the company with the tax office (Finanzamt) and obtaining a VAT number (Umsatzsteuer-Identifikationsnummer)

The registration of GmbH company in Germany can take from a few days to a few weeks, depending on the complexity and completeness of the documents and the workload of the authoritieshttps://www.lawyersgermany.com/starting-a-gmbh-in-germany. The registration of GmbH company in Germany can also be done online, as the German government has extended the online procedures for commercial register applications since August 2022

The registration of GmbH company in Germany can be a complicated and time-consuming process, especially for foreign investors who are not familiar with the German legal system and language. Therefore, it is advisable to hire a service provider for business expansion in Europe, who can assist with the entire process, from choosing the best legal form, preparing and filing the documents, opening the bank account, registering the company, and complying with the tax and legal obligations. A service provider for business expansion in Europe can also provide other benefits, such as providing a registered address and a virtual office, offering accounting and bookkeeping services, advising on the best tax and business strategies, and helping with the visa and immigration issues. A service provider for business expansion in Europe can be a valuable partner for any foreign investor or entrepreneur who wants to enter the German market and benefit from its opportunities and advantages.

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