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COMPANY REGISTRATION IN GERMANY
COMPANY REGISTRATION IN GERMANY RAHUL AGARWAL FORMATION OF A GERMAN COMPANY German is a highly developed social market economy which is a largest national economy in Europe and fourth largest in World. The country with resources and advanced technology to explore the resources in a meaningful manner for the growth of the nation and its residents do remarkable progress in Industrialization even after devastating of war. BUSINESS STRUCTURE There are altogether three types of Sole Proprietorship Partnership (Includes Limited Private Limited Company Business Structure which is given as Liability Partnership) below with brief and procedure for Company Registration in Germany:- PRIVATE LIMITED LIABILITY COMPANY(GMBH) The minimum share capital for a mini GMBH (UG) company is 1EUR. A benefit of incorporation of UG Company is that when it gains 25000 EUR it will automatically become a GMBH Company at no additional cost. This is great for companies that don’t require a high startup investment. It can be incorporated with share capital of minimum 50000 EUR which can be JOINT increased and the registration of share to the stock market. The liability of its STOCK members is limited and contribution to COMPANY(A capital. The management is assured by G) the management board which is checked periodically by a supervisory board which is formed by at least three members. •Apply for Verification of Name Uniqueness at Local Chamber of Industry and Commerce. •Notarize the Company’s AOA and opening of Bank Account. PROCEDURE •Application for registration, notarized AOA, document showing management board structure, certificate OF showing that share capital was deposit has to be send to the German Commercial Register in order to start registration process. REGISTRATI •Trading license from the local office of Business ON Standards and at the chamber of industry and commerce and the labor office. •Company then need to apply to tax office regarding newly formed business entity, required for registration of corporate taxes and VAT. •The company can start the business in Germany. THANK YOU
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