Eternity Law International News Company registration in Germany

Company registration in Germany

Published:
December 10, 2020

By registering an organization in Germany, any business-person will be able to bring it to the international arena in the shortest time possible.

Jurisdiction features

Persons who are not residents of Germany or other states of the Eurozone can establish their own project only as a capital community, namely:

  • GmbH. This is one of the analogues of LLC. An entrepreneurial community can be created as a stage when establishing a GmbH.
  • AG. This is a Joint Stock Company.

Legal features of the registration of GmbH

  • The GmbH registration is regulated by a special law. The foundation agreement is the fundamental document for GmbH.
  • As for capital, its min amount is 25 thous. euros. If the number of founders is two or more, then during registration only half of the authorized capital will be demanded. The rest must be entered during the 1st year of the organization’s functioning.
  • Individuals or legal residents and non-residents can act as founders.
  • Organization must be managed by a minimum one person. A non-resident can also hold the post of director.

Legal features of the AG registration

  • AG registration is regulated by a special law.
  • The minimum statutory fund requirement is 50 thousand euros. 25% of this amount can be paid directly upon registration. Any shares of the company must be recorded in the register.
  • Foreign individuals or legal entities can act as shareholders.
  • “Management top” is created, consisting of at least one person, and a supervisory board of three members. A non-resident can also be a chairman.

Taxation

The base rates specific to this jurisdiction are the following:

  • VAT is 19%. Some activities are subject to a preferential rate (in some cases, zero).
  • Corporate – 15%. Foreign firms also pay a certain premium called the solidarity pay.
  • Capital gain – 26, 375.
  • Companies with a profit of more than 24.5 thousand euros pay a tax fee of 14 to 17 +%. Each individual case requires an individual calculation of the tax amount.
  • The tax rate on dividends is 25%. This amount must be paid by the subsidiaries of the company, which are also registered in Germany.
  • Giving – 7-50%. Amounts up to 75 thousand euros are taxed at the min rate.

Instructions for company establishment in Germany

In order to start doing business in Germany, the owner of a GmbH needs to sign a power of attorney and notarize it. If the owner also holds the post of director of the firm, then he/she should visit Germany in order to sign constituent documents and get an account in one of the country’s banking institutions.

In order for this procedure to go through as quickly as possible and not require significant costs, it is necessary to have a clear understanding of each stage. Therefore, it is advisable to contact specialists who have been working in this field for more than 1 year. Next, we will consider main registration steps in general.

  1. Choose a firm name and decide on the direction of business. You need a unique name that doesn’t mislead consumers and accurately reflects the essence of the business. Company’s Statute should contain only those areas in which the company will work and develop.
  2. Take legal address. All constituent documents must contain legal address – via this address the company will receive all correspondence, including notifications and letters from government representatives.
  3. Sign foundation documents. Both the founders and their trusted representatives can put their signature on such documents. This procedure requires the involvement of a notary.
  4. Bank account creation and capital deposit. The process of creating an account does not take much time – about 30 minutes. After the firm is listed in the commercial register, the contributed capital can be used to develop the project.
  5. The owner receives tax numbers for the organization. in addition, the company needs a customs number (if necessary), a number for submission to insurance services, etc.

If you need to register a company in Germany, our specialists will help you register a company quickly and efficiently. Also, you can buy a ready-made company in Germany. Write to us in the CRM form and we will help you register a company.

Eternity Law International specialists will provide you with qualified advice on the acquisition of an offshore company, opening a bank account in any jurisdiction, as well as further support of your company’s activities at any stage.

We offer ready-made European and offshore companies. It takes 2 days to reissue documents for new owners.

If you have any questions or need advice on registering or buying a company, call us at the phone numbers listed on the website, or write to us in the CRM form located at the bottom of the page. Our specialists will answer you online.

You can order Company registration in Germany now!

Order now

You could be interested

Open a bank account in Slovakia

If you need to open a bank account abroad, but you are not sure what country to choose, pay attention to Slovakia. It is a small country, situated in Eastern Europe, and its economy is growing rapidly. The bank account will help you to travel across the country and enjoy all the tourist attractions. Also,...

Dubai- business hub of the 21st century

Unlocking Business Opportunities in the UAE: A Comprehensive Guide to Commencing Your Entrepreneurial Endeavor Initiating a business venture within the United Arab Emirates (UAE) has undergone a profound transformation, courtesy of the groundbreaking Bashr service, instituted by the UAE Government. This seamlessly integrated eService has heralded a new epoch for entrepreneurs, conferring upon them the...

DLT provider license in Gibraltar

In 2017, Gibraltar’s authority released The Distributed Ledger Technology Regulatory Framework. In this article, you can get more info about the DLT license in Gibraltar, its limitations and ideas connected with it. The Fundamental Ideas for Gibraltar’s Regulatory Framework for Distributed Ledger These ideas aim to safeguard customers as well as the economy and prestige...

PSP license in Switzerland

Switzerland is one of the most prestigious and profitable jurisdictions for establishing and developing a business. To open a payment institution in Switzerland, you must obtain a special PSP-license from the regulatory authorities. The financial industry regulator in this jurisdiction is FINMA. It is important to understand that licensing a business in Switzerland has many...

Features of Legal Opinion for High Risk Business

The concept of a legal opinion A legal opinion is understood as a document that contains the professional opinion and conclusion of a lawyer who has studied a particular legal problem. Through such a document, the parties to the transaction will be able to understand all the nuances of concluding an agreement, explained from a...

EMI license in Ireland

‍Application for EMI license in Ireland In Ireland, the Central Bank of Ireland is in charge of financial sector regulation and oversight, accordingly, it considers applications for an EMI license in Ireland. The appropriate legislation is the European Communities (Electronic Money) Regulations 2011, which transposed the E-Money Directive into Irish law. Why Ireland? In recent...
Fill the blank:

Zurich

Dreikonigstrasse, 31A, Stockerhof

Kyiv

Baseina street, 7

London

Grosvenor Gardens, 52

Washington

1629 K St. Suite 300 N.W.

Vilnius

Gediminas Avenue, 44A

Tallinn

Kesklinna linnaosa, Tuukri 19

Edinburgh

Lochrin Square, 1

Nicosia

Jacovides Tower, 5 floor

Riga

Esplanade, 7 floor

Hong Kong

18 Harbour Road, 35/F, Central Plaza, Wanchai

Singapore

Level 42, Suntec Tower Three, 8 Temasek Boulevard

Sydney

20 Martin Place

Porto

2609 Avenida da Boavista

Tbilisi

Revaz Tabukashvili Str., N 45, area N 7