Set of constituent documents
Preparation of a full package of constituent documents of the company of any form of ownership in accordance with the laws of the jurisdiction
Preparation of a full package of documents depending on the chosen form of ownership, communication with authorities on all matters during the registration
Support during visit to notary office
A qualified specialist will accompany you when contacting a notary. This is necessary to register a company in this jurisdiction
Interpreter services when at notary office
Interpreter services at meetings with a notary
Full notary support of all procedures required for company incorporation and further business activities within the jurisdiction
Contact person of the company
In order to promptly respond on all inquiries incoming from the local businesses and authorities it is comfortable to have a local contact person
Legal address for 1 year
We provide a legal address for your company in this jurisdiction, eliminating the need to purchase or rent a property. The cost is indicated for 1 year of use.
Bank account in any banks on your choice
|VAT number for an incorporated company||On request|
|Total cost||3500 EUR|
|Cost of monthly service||350 EUR|
|Cost of annual service (paid from the second year)||2500 EUR|
|Annual submission of required accounting statements||1500 EUR|
| Choose your service |
and request an offer
Germany is the powerhouse and the largest economy in Europe. It is widely recognized for its innovative business culture and large consumer spending power. Situated right in the center of Europe, it is a perfect location for further commercial expansion into neighbouring countries. The country provides favorable conditions for the company formation due to the advanced transportation infrastructure and highly skilled labor force.
Advantages of setting up a new business in Germany:
German government welcomes establishment of any type of business – regardless a founder is a German national or not.
Prifinance lawyers with vast expertise in company formation in Germany will assist you in starting a company in Germany as a foreigner by directing how to follow some mandatory steps.
There are general legal requirements investors have to meet before starting up a business in Germany: you need to be at least 18 y.o. adult and must not have any criminal record.
Process of incorporating company in Germany starts by submitting an application for a trade license at a local Office of Business and Standards. The next steps are: registration with the Office of Statistics, the Chamber of Industry and Commerce and with the Federal Employment Agency that assigns an 8-digit number. A newly formed company must further apply for registration at the federal medical insurance office. Lastly, a letter has to be sent to the Federal Tax Office for it to report the establishment of a new company.
Currently nationals of 62 countries can visit Germany visa free. Citizens of other countries must have a visa or a residence permit to travel to Germany. In order to get a German residence permit, applicants have to prove that their businesses serve economic interests of the country.
Prifinance’s experts have been handling numerous business formation cases and can provide support to investors for setting a company in Germany in the shortest period of time by strictly adhering to the current laws and regulations.
Investors have these options to choose from when setting up a business in Germany:
- GesellschaftmitbeschränkterHaftung (GmbH) is a limited company with liability of shareholders limited to their original investment. In order to set up a limited company, the share capital must be minimum EUR 25,000.
- Aktiengesellschaft (AG) is a corporation with shareholders’ liability limited to their investment. This type of business is preferred by large companies. A start-up AG share capital must be minimum EUR 50,000.
- OffeneHandelsgesellschaft (OHG) is a general commercial partnership of SMEs formed by minimum two investors with unlimited liability.
- Kommanditgesellschaft (KG) is a limited partnership company with an option of limiting liability for some partners. A KG has two kinds of partners: limited partners that provide investment but do not participate in the KG management and general partners liable without limitation within their personal assets.
- Sole proprietorship is established by a single person with no partners.
- Branch is a company completely dependent on the main office.
Currently a VAT rate is 19%, corporation tax rate is 15%. There is a solidarity surcharge levied at a rate of 5.5% on income tax for higher incomes. A municipal surcharge of 14-17% vary among municipalities. Taxable profits is the money your business makes from investments, operating business and selling assets above the cost. The combined tax rate on businesses is between 30-33%.
As soon as the trade office issues a registration number for your business, the tax office will contact you to fill up a document, Fragenbogen zur steuerlichen Erfassung. Fragenbogen is a mandatory form available in German only. If you do not know how to complete it on your own, Prifinance’s team will gladly assist you.
Below is a short list of mandatory documents to be drafted and submitted electronically in order to set up a business in Germany:
Prifinance is a licensed registrar of businesses. It is a group of highly professional lawyers with expertise in providing financial and legal services.
Being our client, your business will benefit from the combined expertise of our highly qualified team of lawyers. Prifinance can assist you in company formation in Germany as expeditiously as possible.