How To Open A Company In Germany

Table of contents:

How To Open A Company In Germany
How To Open A Company In Germany

Video: How To Open A Company In Germany

Video: How To Open A Company In Germany
Video: How to start a company in Germany I Be your own boss I Our GmbH Story 2024, November
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Germany attracts businessmen as a country that is able to maintain relative economic stability even in the most difficult conditions. So if it seems to you that it is time to enter the world market, opening a company in Germany is the best option.

How to open a company in Germany
How to open a company in Germany

Instructions

Step 1

Study the situation on the European and world market in the segment in which your company will operate. Think over the concept of your business. If you have not had any work experience in Europe before, consult with specialists about this.

Step 2

Come up with a name for your company. But do not forget that it must not infringe on existing copyrights and trademarks. To register a name, contact the German Federal Patent Office, whose staff will inform you as soon as possible whether there is a similar name in their database or not.

Step 3

In order for you to have as many advantages as possible for the development of your business in Europe and for control over it, it is worth opening a limited liability company (GmbH). But you can also open companies with other forms of ownership (GmbH & Co. KG, AG, or UG).

Step 4

Determine the activities of the company and contact a notary from Germany to draw up a standard package of constituent documents and articles of association. Conduct a meeting of founders at which to adopt the charter of the future firm and approve the officers. However, the manager of the company (not necessarily one of the founders) must be a person with permanent residence in Germany. Find a suitable manager, enter into an employment agreement with him and bring him up to date in accordance with the terms of the contract.

Step 5

Contact a notary again to certify all constituent documents of the company. Send the certified documents to the bank to open a company account and transfer the share capital (at least € 12.500). Give the bank account statement to the notary or ask the bank employees to fax it. This is necessary for the notary to be able to transfer the entire package of documents to the Trade Register (Handelsregister).

Step 6

Obtain an extract from the Trade Register from a notary, obtain a tax number and register with the municipality.

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