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Keyword archive for: business registration

According to Statista, there was Years 2018 in Germany alone through 720.000 corporations, which includes the GmbH. The "limited liability company" connects banks, companies and individuals with security and liquidity. In today's article, we address the question of how to set up a GmbH and what conditions, advantages and disadvantages brings such a foundation with it.

What is a GmbH and what are the prerequisites for the foundation?

As already mentioned, the limited liability company is a "limited liability company", which exists in three different forms:

  • UG (haftungsbeschränkt) - entrepreneurial company
  • gGmbH - a non-profit limited company
  • One-person-GmbH / one-man-GmbH

To found a GmbH, at least one natural person and a share capital of 25.000 Euro is required. At the same time, a GmbH can accommodate any number of shareholders (natural and legal persons).

The advantages & disadvantages of a GmbH

The GmbH is extremely popular not only because of the high reputation, but also because of the limited liability. As a shareholder, you are liable only with the business assets - your private assets will remain intact in any case.

Advantages:

  • Liability exclusively with the business assets
  • Very good reputation with companies and banks
  • Suitable for individuals as well as cooperations
  • Covers many industries and businesses
  • Tax benefits from numerous business expenses (eg wages)
  • Partnership agreement for more transparency and security of the individual parties

Disadvantages:

  • High share capital of 25.000 Euro necessary (at least half when founded)
  • Elaborate accounting and strict controls
Step by step to success

Step by step to success

GmbH are founded in 5 steps

It is comparatively expensive to found a GmbH. For this reason, we have summarized in five easy steps, which places you should look for and what you should pay attention to.

  1. First of all, it is important to set up a social contract with all participants and to regulate the business idea as well as further formalities. Legal aid can not do any harm here - especially in view of the high turnover that can be expected from a limited liability company.
  2. The second step is the notarization of the articles of association. In this case, all parties involved must be present and be informed by the notary once again about their rights and obligations.
  3. This is followed by the opening of a business account and the deposit of at least 12.500 Euro, ie half of the share capital.

Attention: It is important to have the disposition of the share capital certified by the bank, as the notary must present this document to the competent court.

  1. After depositing the share capital, an entry must be made in the commercial register and the notary re-visited. He contacts the court, certifies the deposit of the capital and takes care of the further formalities.
  2. Finally, contact the tax office and fill out the questionnaire for tax collection. Most likely, additional documents such as the articles of association or extract from the commercial register will be requested.

At the same time, you must visit the Trade Licensing Office and register your trade there, quoting the following information:

  • Company name
  • legal form
  • Business location
  • Activity of the company
  • Handelsregistereintrag
  • Legal representatives of the company and their contact details

After completing the above steps, it is important to register with government agencies such as the IHK / HWK, all insurance carriers and the Federal Employment Agency.

 

Conclusion: The establishment of a limited liability company is comparatively time-consuming and costly, but brings with it numerous advantages.

 

Do you have questions or suggestions about starting a business? Feel free to contact us!

Last year alone in Germany, according to the Statista Research Departments over half a million founders.

They all had the decision to make whether they run their business or their freelance on the private address, rent an expensive office or fall back on a virtual business address. The Business Center Niederrhein is the first point of contact when it comes to the discrete registration of a trade or other freelance.

Why an external business address and above all the associated discretion are so important, you will find out below!

Building a business - 3 good reasons for discretion

The opening of a business brings numerous organizational challenges. One of them refers to the address to which the respective trade is to be registered. The easiest way is to register the business on your own home address. However, this strategy is not an alternative in the long run and involves many inconveniences and even risks.

Home Office - A dream comes true

Working in the home office - A dream comes true

1. Separate private and business matters

Probably the most important reason for prospective entrepreneurs to register their trade at a foreign address is the separation of private and business life.

On average, founders work more than full-time employees to build their business as fast as possible and to be in the black. Everyone is looking forward to a relaxing evening with the family or a well-deserved weekend.

However, if you have registered your business on your private address, you must always expect to have to receive deliveries or customers and prospects in your free time.

The Niederrhein business center offers relief and offers you a virtual business address with numerous bonuses of your choice for little money. Inform yourself!

2. Build a business on the side

You are an employee and would like to set up your own business, incidentally? It goes without saying that your boss does not find out about your intended self-employment and seeks a replacement prematurely.

We at the Business Center Niederrhein pay attention to highest discretion, respect your desire for anonymity and offer the best possible service!

3. Second mainstay in the other profession

You are already self-employed and now intend to take a second step in another profession? Of course, it makes more sense if suppliers, customers and prospects are not directly pointed to all your business, which may be in very different niches.

A discrete business registration via the business center Niederrhein enables you to separate your clientele and to fully develop your possibilities in the various business areas.

Dream Realization - Business Center Niederrhein supports you

Dream Realization - The Business Center Niederrhein supports you

Business Center Niederrhein offers you discretion at the highest level

A discrete business registration has a direct influence on your positioning and thus on your success in the respective industry.

Make the right choice and separate your business from the very beginning.

At the Business Center Niederrhein, you do not have to make a huge investment to rent a whole office. You acquire a virtual business address in one of Krefeld's prestige districts, which you can present to your potential customers and suppliers in good conscience.

Despite the numerous Zubuchungsmöglichkeiten our prices remain very clear and thus allow even founders to rent a virtual business address!

 

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