How to establish a company in Germany

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Company types in Germany

• Limited Liability Company

• Joint Stock Company

• General Partnership

• Limited Partnership

• Sole proprietor

Limited Liability Company • This company can be formed by one or more

individuals or legal entities• The minimum share capital consists of 25.000 EUR• The paid-in share capital requirement is of 12,500

EUR• The shares of this company are not negotiable • The shareholders' liability is fixed only to the

amount of the contribution made to the company's capital.

• The company must be registered at the Commercial Register

Joint Stock Company • This type of company is controlled by a very

strict law Joint Stock Corporation Act, or Aktiengesetz

• The minimum capital for such a company is EUR 50.000 divided into shares

• The company may be formed by at least one person, who is liable only to the extent of the contribution to the share capital

General Partnership

• This type of company can be established by at least two members

• The shareholders are general partners

• The general partners hold full liability to the company's obligations

Limited Partnership

• This company can be founded by at least two members

• This type of company is regulated by the Commercial Code

• The shareholders are divided into two types: general and limited

Sole proprietor

• This company is owned and run by one person

• This person is liable for company's obligations, but also benefits of the profit

• The company must be registered at the Trade Office if the entrepreneur engages in trading activities, or hires employees.

Steps for company formation in Germany

• Providing a unique name for the company

• Providing a set of identification documents

• Drafting the registration documents

• Opening a bank account

• Submitting the company registration documents with the Commercial Register

Necessary documentation and information

• providing utility bills as proof of address

• providing passport copies of the shareholders and directors

• setting-up a bank account for the injection of the share capital

• submitting the company registration file with the Commercial Register

Requirements for Company  Formation in Germany

• Any person of any nationality or residence can be a shareholder in a German company

• The Board of Directors can be comprised of at least one member

• The company must hold a local registered office

Services Provided for Company Registration in Germany

• drafting the Articles of Association

• offering a Registered Office in Germany

• setting up a share capital bank account

• recommending a German accountant

Thank you for your attention

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