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FAQs About Company Establishment Germany
Frequently Asked Questions
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Company Establishment Germany
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Aside from being the strongest economy of Europe, Germany is also one of the strongest economies in the world. According to TUIK data, it consistently ranks at the top of the list of most importing countries in the world every year.
Germany is also very appealing to foreign investors. Alongside being the country investors in European Union invest in the most, it also attracts many investors from outside the European Union.
Germany is a member of the European Union, it uses Euro.
A Gesellschaft mit beschränkter Haftung (GmbH) is the best-known form of corporations in Germany.
With more than 1 M. companies, the formerly popular partnerships are overtaken now by this form of company.
To provide detailed information about GmbH, please consult our article, Company Formation in Germany.
The minimum capital needed to establish a GmbH is EUR 25,000. %50 of this amount must be paid during incorporation.
Our team can help to incorporate without paid capital. Please contact us for details.
GmbH formation process consists of 11 steps in total:
- Check company’s name at the local chamber of industry and commerce
- Notarize the Articles of Association and Memorandum of Association
- Creating a company bank account
- Deposit minimum capital into a bank
- File the Articles of Association through the notary public and register the company with the local Commercial Register
- Local Commercial Register
- Notify the Local Office of Business and Standards of the establishment of the company
- Register with the Professional Association of the relevant trade
- Notify the local Labor Office of the establishment of the company
- Register employees for health and social insurance
- Register with the local Tax Office and obtain VAT number:
Our team provides full service for all incorporation process in Germany.
Our team will provide you key service for incorporation with all steps as:
1- 15 Min Free Online Meeting
2- Get Offer including official cost, and also accounting
3- Make contract with us and fill out the form
4- We send documents to get notarized back
5- Pre-Incorporate Company
6- Apply for a bank account and assistance of depositing capital (If it is UG Form, no need for the capital of 25.000€)
7- Apply for a tax number
8- Start accounting and manage a company remotely and start issuing invoice
All are in 30 days to 60 days procedure (Bank Account may take longer it depends on mother country)
For more details and arrange 15 Min Free Call Keep in Touch with us
The GMBH formation process takes 8 to 15 business days.
However, opening bank account to deposit capital may take longer. Obtaining tax number may take up to 2 months.
The cost of the GmbH formation process depends on many factors such as the number of shareholders and the amount of capital.
Please contact us to provide more information and our experts will calculate the cost for you.
In Germany, it will be much easier to be represented by a lawyer during the registration process since the procures are a bit complicated.
Our lawyers provide transparent service for all steps of incorporation in Germany. Please contact us.
In Germany the corporate income tax is 15%, the trade tax is %11-17, the tax on insurance contracts is %19.
To provide detailed information about tax rates in Germany, please consult our article at Taxation in Germany
The main industries in Germany according to the DEIK Germany report are;
- Electronics Industry,
- Chemical Industry,
- Aviation and Aerospace Industry,
- Automotive Industry,
- Tourism,
- Banking,
- Energy,
- Construction,
- Mechanical Industry,
- Food Industry and
- Agriculture.
Company formation in Germany can be carried out by the power of attorney by our lawyers remotely. Our team will provide comprehensive services to cover all requirements until your business is ready to issue an invoice.
During company formation VAT and company tax number registration will be registered by our team. VAT registration takes up to 2 months.
Gurcan Consultancy provides tax advising and account services after incorporation.
Although it is more expensive to invest in Germany for Eastern European countries, it gives more appealing results.
Germany has a very high rank in Doing Business Rank.
German Economy is leading the European Economy.
Before dividend payment, the effective tax rate for the corporation is about 30%.
In case of a dividend payment to the shareholder, the dividend is taxed with 25% Kapitalertragsteuer (Capital Gains Tax).
Gurcan Consultancy provides international tax consultancy and optimization services.
Please contact us. For more information, you can also consult our article from here: Taxation in Germany
There are several steps of incorporation in Germany. Please get in touch with us.
Our team will inform you about all steps.
Our team will provide you key service for incorporation with all steps as:
1- 15 Min Free Online Meeting
2- Get Offer including official cost, and also accounting
3- Make contract with us and fill out the form
4- We send documents to get notarized back
5- Pre-Incorporate Company
6- Apply for a bank account and assistance of depositing capital (If it is UG Form, no need for the capital of 25.000€)
7- Apply for a tax number
8- Start accounting and manage a company remotely and start issuing invoice
All are in 30 days to 60 days procedure (Bank Account may take longer it depends on mother country)
For more details and arrange 15 Min Free Call Keep in Touch with us
The best-known form of corporations in Germany is GmbHs.
Joint Stock Company in Germany is called Aktiengesellschaft (AG).
General partnership In Germany, is called Offene Handelsgesellschaft (OHG).
Our team will assist you with all the detailed documents for incorporation. There will be a difference for individual and corporate ownership.
There are several business activities has an obligation to obtain a specific business license as HR, Medical, Finance companies.
Our team provides comprehensive service for business license procedures.
The cost of incorporation varies depending on several factors as number of shareholders, capital, licenses etc. Our team provides a transparent service for incorporation in Germany. Please contact us to know more about the total costs of incorporation in Germany.
To work in Germany foreigners need a work permit. The procedure will depend on the origin country. Our team will assist you with the work permit process in Germany.
Please check our article on Business Immigration in Germany .
No. Our team will provide all incorporation steps on behalf of you.
After incorporation Gurcan Consultancy will provide accounting services as well. We help our clients to avoid any bureaucratic obstacle to sustain their business.
No. Foreigners can incorporate without a local manager. However, the opening a bank account would be easier with local manager.
Establishing a company does not give the right to residency automatically. There are several ways to obtain a residence permit in Germany.
Our expert immigration lawyer provides assistance for the residency process in Germany. Please contact us.
For Company Establishment Germany, No.
Our team can incorporate the company with the power of attorney.
However, to open a bank account in Germany, the company manager should visit Germany for a day. We will organize all process and complete within a day.
We also have a partnership in some online tech solutions to open a bank account remotely. Please contact us.
Contact Us
Company Establishment Germany
We endeavor to respond within 24 hours to your e-mails.
Please get in touch with us via e-mail.
Gurcan Partners Germany Office
Address:
Goethestr. 30 40237 Düsseldorf/Germany
Phone:
P: +49 211 976 35 818
