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Company Formation in Bavaria

By 19 February 2022October 31st, 2022No Comments

In this article, Att. Ieva Thibodeaux will mention Company Formation in Bavaria and the advantages of the state. We summarize the required process for setting up a company in Germany.

Company Formation in Bavaria

           

About Bavaria in General

Bavaria is the southern federal state of Germany. It is the biggest German state with an area of 70,550.19 square kilometers.  It´s capital Munich is one of the most beautiful and largest cities in Germany.

Other important cities are Nuremberg, Augsburg, Ingolstadt.

Bavaria is the most prosperous economic area in Germany, many well-known companies like Siemens, BMW, MAN, Allianz, and AUDI are located in Bavaria. It´s a beautiful landscape with lakes, mountains and its historical treasures attract the most of tourism to this region.  Many international investors also find Bavaria attractive as a place to live and to develop their business.

 

Some interesting economic facts about Bavaria:

  1. The Free State is the number one location in Germany for insurance and number two for banking
  2. Bavaria is number one in Germany for tourism 
  3. It is the biggest federal state in Germany with 13 million inhabitants
  4. It is the strongest economic area in Germany with 18,4 % GDP growth
  5. The two trade show centers in Munich and Nuremberg are of great international significance
  6. Bavaria offers optimum provision in the fields of transportation, telecommunications, and energy
  7. Bavaria supports new technologies and innovation; 31,9 % of the German patents were registered in Bavaria
  8. Bavaria is the most popular state for immigration; it has the biggest population growth in Germany
  9. Bavaria has the lowest unemployment rate (2,1%) in Germany
  10. Bavaria is well known for its strong educational system; Bavarian schools and universities are considered as the best in Germany

 

Gurcan Partners is an international law firm, specializing in a company set up in Germany. 

Please contact us for Company Formation in Bavaria and different states.

We will back to you within 24 hours.

@: [email protected]

Or Call Us

+49 211 97635818

Company Formation in Bavaria

a) Limited Liability Corporation (GmbH)

Advantages of a German Limited Liability Corporation ( GmbH):

  1. Credibility for the business partners in a serious jurisdiction
  2. Exemption of personal liability
  3. No limitations to set up a German company on citizenship

 

So far we have assisted over 400 companies. Check out our experiences.

 

Necessary documentation:
  1. A passport or identity card
  2. A confirmation of an address
  3. 25,000,- Euros of Capital Share

 

Please check our article on Company Formation in Germany for more details.

 

b) German Entrepreneur’s Company (UG):

Advantages of German entrepreneur’s company (UG):

  1. Share capital starts at 1 EUR
  2. Quick incorporation in a few days
  3. Credibility for the business partners in a serious jurisdiction
  4. Exemption of personal liability
  5. No limitations to set up a German company on citizenship

 

Necessary documentation:
  • A passport or identity card
  • A confirmation of an address

Our Team provides comprehensive services for international customers in Munich/Bavaria.

 

Gurcan Partners provides tailor-made legal and tax consultation in Germany. 

Please contact us 

We will back to you within 24 hours.

@: [email protected]

Or Call Us

+49 211 97635818

 

All the process of Company Formation in Bavaria and other legal matters regarding doing business in Germany, our international team is ready to help you in 13 languages. Please do not hesitate to contact us.

Gurcan Consultancy provides full scope bookkeeping services in Germany. Please contact us.

Check out Gurcan Journal for more articles in 13 languages. 
To read our other articles about Germany:
  1. Company Formation in Germany
  2. Buying Property in Germany
  3. Business Immigration in Germany
  4. Doing Business in Germany
  5. ICO Regulations in Germany
  6. Company Taxation in Germany

Company Formation in Bavaria

Written By: Att. Ieva Thibodeaux

Gurcan Partners Germany Office

@: [email protected]

P: +49 211 97635818

Gurcan Partners 

All rights reserved. All rights of Company Formation in Bavaria article belong to Gurcan Partners. The author has no responsibilities from the information in this article. This article is prepared just to inform.

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