Start a German Business: Steps to Turn Your Vision Into Reality
Start a German Business: Steps to Turn Your Vision Into Reality
Blog Article
A Gesellschaft mit beschränkter Haftung (GmbH) is a popular legal structure for businesses in Germany. Registering a GmbH offers limited liability and credibility. Here’s how to get started:
Prepare Articles of Association: Draft the company’s articles of association, outlining its purpose, structure, and share distribution. This document must be notarized.
Deposit Share Capital: The minimum share capital for a GmbH is €25,000. At least half must be deposited into a business bank account before registration.
Register with the Commercial Register: File your registration application with the commercial register (Handelsregister). This process requires a notarized application and supporting documents, including the articles of association and proof of capital deposit.
Obtain a Tax Number: Register with the tax office to obtain a tax identification number and, if applicable, a VAT ID.
Comply with Licensing Requirements: Depending on your industry, additional licenses or permits may be required.
Registering a German GmbH involves multiple steps but provides significant benefits, including credibility with clients and partners. Working with a legal expert can streamline the process.
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