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Founding a company in Germany: €9600, 152 days and I still can't send an invoice

paolino.me

11–20 of 789 posts

Re: Founding a company in Germany: €9600, 152 days and I still can't send an invoice

#11
the real problems with administration dome starts after founding in many but not all European countries.

There is light at the end of the tunnel as an EU Inc. is proposed.

However the bureaucrats in probable but all countries will try to water it down to pointless to keep or extend their responsibility territory and duties.

Re: Founding a company in Germany: €9600, 152 days and I still can't send an invoice

#12
post #10
post #8

Before Europe gets lumped in as one country, founding a company in Netherlands and Sweden, speaking from personal experience, is a breeze. Although Sweden is a bit strange in the fact that banks have as much equal say as the government authority does in you starting a company, and if they don't want you as a customer, they can simply deny the right for your company to start!

In Germany it might be easier to open a company remotely via Estonia

That way, AFAIK, the German government will determine that the "place of effective management" is Germany, and tax you also there.

Double taxation is not better.

Re: Founding a company in Germany: €9600, 152 days and I still can't send an invoice

#13
post #8

Before Europe gets lumped in as one country, founding a company in Netherlands and Sweden, speaking from personal experience, is a breeze. Although Sweden is a bit strange in the fact that banks have as much equal say as the government authority does in you starting a company, and if they don't want you as a customer, they can simply deny the right for your company to start!

[flagged]

Re: Founding a company in Germany: €9600, 152 days and I still can't send an invoice

#17
post #9

"The one thing the state exists to let me do, bill them cleanly, is the one thing I still can’t." I sympathize but I'm not sure that is the sole reason the German state exists.

"one" != "only one"

"The one thing" actually does == "only one"

Re: Founding a company in Germany: €9600, 152 days and I still can't send an invoice

#18
post #2

For information: GmbH & Co. KG is one of the most complicated forms an company can be founded, the same goes if the inner company is an UG. Many things have to be done twice. The only good thing is that an investor or an owner are not liable with their private money.

He wanted to go all out and maximise "company form". Same as optimizing your website for hundred of thousands of visitors even if you have only like one hundred visitors...

You get one chance at getting your company form right. Any other new chance costs a ton of money in restructuring. Software is malleable, companies are less so.

Re: Founding a company in Germany: €9600, 152 days and I still can't send an invoice

#19
I am an electrician. Got my certification done with Handwerkskammer, went to the city hall, registered my company and filled online form rejecting the option with VAT number since all my clients are in greater Munich area. Same path could be chosen with VAT number. Ranting about choosing most complex business form and having no money for a consultant is not adequate in my eyes. Btw I am always liable as electrician (since it is dangerous) and can’t hide behind limited liability company in Germany.

Re: Founding a company in Germany: €9600, 152 days and I still can't send an invoice

#20
post #6

Earlier quoted context omitted.

It is one of the most complicated forms. A GmbH alone is good enough in 99.99% of cases, and its usually done really quick. Also, if you believe in your product there usually isn't a reason to go for a GmbH this early. You can send invoices a lot earlier with just a eK or GbR. Its not an issue to adhere with your private money if your product isn't causing damages.

Not in mine. Check the post.

So basically you go for the legal stuff only really big companies use (instead of changing once its necessary) because you dont believe in your own product and dont want to be held liable, got it.
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