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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

#751

Earlier quoted context omitted.

Germany is generally averse to any kind of social mobility.

I would say Europe in general. And I get the sense they don't aspire to social mobility either, the way Americans do.

Honestly why should I? As long as I have anything I want.

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

#752

Earlier quoted context omitted.

and just read these awful comments defending this nonsense and shifting the blame. so much arrogance its nauseating

There's a German proverb I enjoy. "Am deutschen Wesen soll die Welt genesen", which roughly means "The world shall be healed through the German spirit/nature." It implies German cultural and/or moral superiority and was used in earnest during the 19th century by nationalists. It's use often has a more ironic character now, but it's proponents are alive and well.

Yeah that is the idea which materialized in getting colonies at the turn of the previous century and in the actions of the third empire. I don't think that sentiment is shared by a sizable population anymore.

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

#753

Earlier quoted context omitted.

No one of your debtors - ever - will see any of these 25000. If you file for bankruptcy / insolvency, your insolvency manager and the processes of dissolving the company will swallow that money before it sees the light of day.

Yeah, that's what it's there for, to cover risk .

Does it really cover `risk` if none of the risk-takers get any?

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

#754

Earlier quoted context omitted.

German notaries, unlike anywhere in the world, get a percantage of a done deal. That is just insane.

Why is this insane? "The notary serves as a neutral party ensuring both buyer and seller understand their obligations. In 2026, combined notary and land registry fees typically range from 1.5% to 2% of the property price." This is actually lower than the real estate agent percentage in USA which can be 5 to 6% split between two agents. Also, the GP "The German notary is the highest-paid notary in the world, and the h…

Notaries aren't real estate agents. Real estate agent's are optional, but if you use one you'll pay 3.5% to 7%. You can't skip a notary, even if you're doing a deal for many millions or even billions of Euros.

> I thought for sure pilots, aviation specialists, medical fields would earn more

You'd be thinking wrong. A notary in Germany's largest cities can earn in a day what a doctor earns in a year.

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

#755

Earlier quoted context omitted.

"...notaries, historically the highest-paid freelancers in the country. On average, they earn €356,000 per year. Or, put another way: the equivalent of 37.4 years' salary for a childcare worker." https://www.wiwo.de/erfolg/beruf/grosse-einkommensunterschie... A German notary handling a €1 million residential purchase typically earns 3 to 6 times as much in fees as a Dutch notary handling an equivalent transaction and…

That's very strange, because I look at the highest paid professions in Germany and I consistently don't see notary in the top five. https://www.ue-germany.com/blog/top-10-highest-paying-jobs-i... https://www.euronews.com/business/2025/06/21/highest-paying-... Lastly, https://optisalary.com/salary?job=notary-public&country=germ... shows notarys making Estimated Yearly Salary: 34,593 EUR which is about 1/10th of what h…

That's because the professions you're looking for are sorted by fixed income.

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

#756
post #288

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> The optimal solution is just to leave Germany Just go to one of them Baltic states. They actually have a functioning electronic ids and other necessary infrastructure. There’s no reason to live in Germany if you’re working with international clients.

Malta and Cyprus offer much better quality of life and also significantly less taxes . Also Polands IP Box(5% tax rate) regime can be very interesting to software engineers right across the border.

> Malta and Cyprus offer much better quality of life and also significantly less taxes .

To each their own, I guess. I can't imagine living on those islands.

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

#757
post #660

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American monopolies are not much regulated, they are entirely above the law. The legal system heavily biased toward rich corporations. I did not said europe does not have monopolies. I said America has "winner takes all" economy that systematically creates monopolies everywhere you look. It does not create competition, it creates what you call "incumbent". Americans look down on markets where middle sized companies c…

I think you may be conflating "dominant player(s)" with "monopoly". The US has close to zero monopolies if you disregard natural/patent/IP monopolies. Its not illegal to have a product that consumers overwhelming prefer over the competitors. Google was ruled a monopoly because it was paying other services to default to Google. But it was ultimately foolish for Google because people given the choice still overwhelming…

> ultimately foolish for Google

Yes and no. i.e. MS would just pay Apple instead if Google chose not to. In a way the EU “neutral” list/wizard for picking the default browser and search engine could be somewhat beneficial to Google.

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

#758
post #724

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That's why they are dying (those who tell you to take a hike). Why would I buy from a small business without a possibility to return if I can buy from Amazon with guaranteed 30 days? It's your choice. Honestly, I bought enough stuff from small to medium companies and most of them allow returns. If not, it's my choice not to buy. Not everything should be a law, and laws are not free, somebody has to pay (just like for…

> Why would I buy from a small business without a possibility to return if I can buy from Amazon with guaranteed 30 days? Perhaps because you don't want all retail to be Amazon? > laws are not free, somebody has to pay Isn't that a bit hyperbole? That law is written once, and delivers its effects afterwards. In contrast, millions of buyers have to investigate return policies every day without such a law. Is that real…

It's not a hyperbole. Generous return terms means you are paying more for goods, everybody does. Where do you think goods returned to Amazon go to die? They are sold at discount, and Amazon is not dumb, they are not working at a loss, so you pay more for new goods. The less risk, the higher the price. If you have a law, that means no matter where you buy, you pay a premium as it's already included. I would prefer to have a choice.

And you don't have to buy on Amazon, most companies in the US accept returns in this way or another. Some ask you to pay a small premium for returns, it's up to you to pay it or not. Those who don't accept back damaged goods (no matter what policy is) usually got chargebacks which are commonly approved by the banks, and it's pretty expensive for sellers. So there are many ways to regulate returns, law is not the only one.

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

#759
post #723

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Don't buy if you don't like company policy, no need to have a law. There is plenty of choice in the US. Some companies even offer 90 days (again, no laws required).

I'd find it tiresome real quick to always have to research before purchasing anything if the vendor will treat me with respect. Having a baseline of what you can expect from any business relation guaranteed by law is pretty great, really.

Really? There are tons of ways to cheat and game any system, including consumer protection. No laws can close this completely. Darwin award is still a thing and will always be.

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

#760

Earlier quoted context omitted.

It's funny, so it's not even an authorized capital? That one can usually be spent. So these 25K is simply put in the bank as a guarantee? For what exactly? Like if somebody wants go give me a loan they will look at this number and limit a loan to 25K so they are "guaranteed"? It's a great idea, put money in the bank, take 25K loan and ... what would my net assets be? What am I missing?

For debtors during an insolvency.

So the only companies in Germany that are accepted are those that have positive net assets (equity), otherwise it doesn't work. Let's say I took a 100K loan, 25K won't solve any problem here. Can't take 100K loan with 25K net assets? That means what I said, you are never underwater, and it will put most startups in the US out of business.
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