COMPANY FORMATION IN BAVARIA

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

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

Other important cities are Nuremberg, Augsburg, and 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, and mountains and its historical treasures attract the most tourism to this region.  Many international investors also find Bavaria attractive as a place to live and to develop their businesses.

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 centres 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 the best in Germany

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

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 setting up a German company on citizenship

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 setting 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. 

Company Formation in Bavaria

Att. Ieva Thibodeaux

All rights reserved. All rights of the Company Formation in Bavaria article belong to Gurcan Partners International Law Firm. The author has no responsibility for the information in this article. This article is prepared just to inform.

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As Gurcan Partners International Law Firm, we provide services with our office in five EU and five non-EU countries. Please find our articles below.

• Company Taxation in Germany
• Company Foundation in NRW
• Establishing a Branch in Germany
  
• Germany Skilled Immigration
• Buying Property in Germany
• Business Immigration in Germany
• Real Estate Investments in Germany
• ICO Regulations in Germany
• Company Formation in Europe

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