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Starting a Business in Germany If you are considering starting a business in Germany, GRP Rainer LLP can advise you on the various types of business structures available in the country and which one is best suited to your needs. Our English-speaking German lawyers and German tax advisors are experienced at assisting entrepreneurs in the United Kingdom, Asia and the U.S. Business Structures in Germany German business associations generally resemble those in other English-speaking countries and include corporate forms such as:
Steps to Starting a Company A number of procedures must be followed once you are ready to start a business in Germany. GRP Rainer LLP www.grprainer.com/en/Corporate-Law are well equipped to provide guidance regarding any specific questions you have relevant to the process of starting a business in Germany, but generally, you will need to take the following basic steps:
Financial Considerations Although the UK Limited business structure has gained in popularity in the last decade, the German equivalent – the GmbH – is still the most common type of enterprise in Germany. The minimum amount of capital required to start a GmbH is 25,000 euros. If you are hoping to start a stock corporation, or an “AG,” you will need a minimum share capital of 50,000 euros, and the minimum number of shareholders is one. About GRP Rainer LLP GRP Rainer LLP is an international firm of lawyers and tax advisors who are specialists in commercial law. The firm counsels commercial and industrial companies and corporations, as well as associations, small- and mid-sized businesses, self-employed freelancers and private individuals worldwide from offices in Cologne, Berlin, Bonn and Düsseldorf, Germany.
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