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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

#81
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 the UK it used to be one form and a fee of £25 or something like that. I think, nowadays, that's probably just done online as well.

Yep, it is straight-forward.

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

#82
post #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 (…

But his clients aren't all the the greater Munich area so how is that even similar? Surely having a complex form is the issue as this is what fits his needs. Why does the form need to be complicated?

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

#83

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.

Yeah, ease of doing business is always proportional to the amount of money you spend to grease the wheels of bureaucracy, so to speak.

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

#85
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!

> 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! Wait, how does that work? Are you saying that if the bank doesn't like me, instead of just denying me a loan, they can convince other banks not to loan to me as well?

it sounds more like they can choose not to work with you just like in America, but maybe the reasons are allowed to be more spurious

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

#86

The only way to start a company in Germany is Societas Europaea and have lawyer parents. Otherwise don't bother.

How do you create an SE from scratch?

lawyer parents

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

#87
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!

> 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! Wait, how does that work? Are you saying that if the bank doesn't like me, instead of just denying me a loan, they can convince other banks not to loan to me as well?

It's not about a loan. You have to put ~2,000 EUR in your company account in order to start it, and they might refuse opening an account for you. They're not going to talk with other banks, but if they have a good reason to think working with you is going to be difficult, chances are other banks will think so as well.

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

#89
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!

Same in Poland. Almost 100% things regarding companies or personal things you can do online. Self employment company can be set even via bank app. Ltd a bit longer online (unless you need a custom ltd agreement).
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