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

paolino.me

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

#31
post #12
post #10

Earlier quoted context omitted.

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.

DE & EE should have a double taxation agreement.

https://www.fin.ee/en/double-taxation-agreements

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

#32
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 quote is not "one", it's "The one".

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

#33

[flagged]

This does bring its own share of problems. 1000s of companies are registered in the UK with literally no checks. No address checking so people just pick a random address to register from the phone book!

When it comes to tax issues etc. it turns out the company registration is meaningless. The sweet spot has to be somewhere in the middle. Starting a company shouldn't be something you expect to do in a day but it also shouldn't require you to sell a kidney or fill in pointless forms.

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

#34
post #28

Not sure what he means with "2000€ share capital", which allegedly is locked. Typically, you can spend your "Stammkapital" for business purposes (e.g. in a GmbH). It doesn't need to stay in your bank account.

The Stammkapital was required for the UG, and it's very much locked since the whole purpose of that is to take liability.

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

#35
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!

Yeah it’s also very easy to do in the UK.

Getting a little bit more annoying year-on-year for maintenance with stuff like identity checks and software requirements for eg tax information, but still trivial to initially create

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

#36
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!

I paid someone 100 euros for a title, i said hi, and I send quarterly 0 euro issues. That's all the effort I need to do in The Netherlands

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

#37
post #6

Earlier quoted context omitted.

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.

But hey, at least they get to write about their mid company name ("Plenty" - lol) got (rightfully) rejected...

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

#38

Earlier quoted context omitted.

[flagged]

I don't think it's that different from pointing out that registering and/or operating a company in e.g. Delaware or Texas is a very different experience from doing so in New York.

It didn't actually click for me until this post that there was an actual US State called Delaware. I just thought it was a type of company.

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

#39
I think most red tapes and bureaucracies have loop holes. For example, a different, simpler type of business type, then conversion to the actual desired type. At least, this has been my experience in a few countries I worked in. Sometimes it will cost more up front, but if the end result is significantly faster, maybe it is worth it.

I am sorry he has to go through this just to start a business.

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