Incorporating a limited company in Germany
thomas.skowron.biz
Incorporating a limited company in Germany
1–10 of 113 posts
Re: Incorporating a limited company in Germany
#2Although designed for investors, rather than founders, this is an interesting (English-language) primer on different corporate structures available under German business law, and the regulations that pertain to each: http://www.fr-lawfirm.de/fileadmin/user_upload/Aufsaetze/Doi...
Re: Incorporating a limited company in Germany
#3The same story in Switzerland, perhaps even worse. Any company here generally requires a full-time administrator to handle the paperwork (and salaries here are huge). Or you can outsource it to the agency, but it will cost at least $10k/year, even for the smallest operations (cheaper than hiring a full-time administrator, however, agencies tend to miss things).
Re: Incorporating a limited company in Germany
#4Try Singapore!
Re: Incorporating a limited company in Germany
#5There is missing ("Gewerbeamt") and partially wrong information there (the 17.500 VAT thing), so use with caution!
My best advice: get a tax-guy. They do all this crap and more and while they come with a price (German tax laws are no laughing matters) it's money well spent and also acts as security because said tax-guy shoulders a lot of accountability (pun intended).
Re: Incorporating a limited company in Germany
#6Infinitely easier in the UK: you don't need capital, the forms are simple, it costs virtually nothing and you'll be done in less than a day.
https://www.gov.uk/limited-company-formation/register-your-c...
Re: Incorporating a limited company in Germany
#7I really love this quote: "only available in German, but don’t worry most Germans don’t understand it either, because it contains a million juristic and fiscal terms".
I guess this applies to any human language ;-)
Re: Incorporating a limited company in Germany
#8There is missing ("Gewerbeamt") and partially wrong information there (the 17.500 VAT thing), so use with caution! My best advice: get a tax-guy. They do all this crap and more and while they come with a price (German tax laws are no laughing matters) it's money well spent and also acts as security because said tax-guy shoulders a lot of accountability (pun intended).
> German tax laws are no laughing matters
Which are?
Re: Incorporating a limited company in Germany
#9Infinitely easier in the UK: you don't need capital, the forms are simple, it costs virtually nothing and you'll be done in less than a day. https://www.gov.uk/limited-company-formation/register-your-c...
I guess that's the reason a lot of companies work in the UK. I remember a lot of recruiters doing business from there because looks like it's easy to start.
Probably after brexit this will be still a competitive advantage of the UK against other markets.
Re: Incorporating a limited company in Germany
#10Germany is probably bad option within EU. I would recommend Bulgaria: flat tax rate 10% on corporate income and capital gains. Considerably cheaper office and accounting cost.