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Incorporate Company in Germany: Start Your Successful Business

Germany has always been attracting foreign investments because of its location, access to EU markets and good infrastructure. Its research and development provide great investment opportunities for several businesses. It is one of the most important exporters provides stable labor relations. Its social security system is well structured and promotes foreign investments.

At 3E accounting service, we are able to provide you with the best investment options and assist you with incentives offered to incorporate company in Germany. Direct subsidies, grants, and loans are provided by the government to encourage such investments. We can help the entrepreneurs to find solutions that are perfect for them as well as make use of all these incentives.

There are many main types of companies in Germany. These are Private Limited Liability Company, Joint Stock Company, Limited partnership, and branches. The different forms of business may suit different entrepreneurs and companies and we can help you identify what suits your company best and also guide you on setting up that form of Incorporate company in Germany.

 

Steps Involved:

In order to incorporate company in Germany, there are a few basic steps involved. These steps include preparation of a company’s documents and its registration with the authorities of Germany. Our agents and managers will help you in every step to draft the documents, obtain necessary signatures and plan the process and expenditure. Let us look at some of these basic processes.

• The first step is the verification of the company name at the local Chamber of Industry and Commerce. You need to identify what your company should be called in Germany based on your existing brands and area-specific criteria.
• Then you have to prepare the Articles of Association. This is done clearly and carefully by our experienced professionals.
• The next step is to open a bank account in Germany. This facilitates money flow for your business.
• The documents prepared are submitted to the German Commercial Register to start registration of your Incorporate company in Germany. All necessary documents asked for by them must be provided in the appropriate format to facilitate quick processing.
• Following this, the application procedure for Trading License is initiated. The entire process is overseen by our team as these processes could get cumbersome and time-consuming, if not done right.
• Once the company is registered, the commercial activity can be started. Hiring employees, conducting sales or manufacturing, selection of projects etc can be commenced.

 

The company, once in operation, must comply with accounting, filing, and auditing rules. Thus the financial reports and other supporting documents must be updated and put in order regularly. By setting up a company abroad you are eligible for tax exemptions or paying relatively low tax. This encourages people to incorporate company in Germany and expand their businesses in many countries around the world and there is often no restrictions based on your nationality. Most banks also support such endeavors and allow you to open an offshore bank account to carry out your business transactions.

For more information and guidance on setting up a company in Germany, please contact us, 3E Accounting will help you set up a German company smoothly.