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Keyword archive for: company formation

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!

 

You want to start a business or already have one, but want to separate private and business and are now looking for the optimal solution?

Business Center Niederrhein now offers you the opportunity to rent a virtual business address on the Lower Rhine in the middle of the Rhine-Ruhr metropolis. This will allow you to have your mail delivered to the rented address and show it in invoices and other documents without revealing your home address. This has the great advantage of being able to separate private and business affairs from the start and not get any annoying shipments and packages delivered to your home. Of course, you can also publish this address in the commercial register or at the authorities as the company's registered office.

Especially for young entrepreneurs and founders, it can be very convenient to rent a business address.

Why a business address in the business center is worthwhile for founders

Everyone knows that a successful business involves warehousing and office space, and the more exclusive the company's address is, the more successful the company will be. If it may be possible for founders to rent warehouses rather than a backyard garage, renting specialized office space is often well above budget.

At the latest, when arranging customer meetings or meetings with potential partners, it is convenient to have a special conference room or at least an office.

Ask yourself, how come your contractors feel welcome in a small 1 apartment on the outskirts? The answer you will be able to imagine: a large part will not do business with you in the future, since it is assumed that a successful entrepreneur can afford proper office space.

By renting a business address at the Businesscenter Niederrhein, you will be able to use our in-house conference rooms and leave a good impression with your customers and business partners right from the start.

How to rent a business address works

To rent a business address at the Businesscenter Niederrhein, all you have to do is fill in a form and send it to us by e-mail, fax or post. You will then receive a timely confirmation of your successful rental and will be able to use the profitable business address.

We accept the mail and forward it to you after agreement, as well as other services such as digitization of content, a telephone service or a virtual assistant can be booked.

Are you interested in our services? Then call us without any obligation and inform yourself about the extensive possibilities of cooperation with Businesscenter Niederrhein - we will gladly take time for your concerns!

Rent Business Address: The Benefits

You want to rent a business address and want to know in advance about the benefits of our service? That is their right!

Advantages:

  • A chargeable address that complies with the statutory provisions
  • No toggle contracts, which are often associated with rental properties
  • Call improvement due to a preferred office location
  • Better separation of private and business through separate addresses

By booking a virtual business address, you'll never have to worry about annoying agents suddenly standing at your doorstep! Your home address will remain private and business matters will come to your virtual business address and will be processed by us as desired.

Benefits of a business address

What a virtual business address can be used for

A business address serves primarily the separation between the private and the business. In addition, a business address, especially if it is in a sought-after, trendy area, has a confidence-inspiring effect. Clients want to be sure that the future cooperation will be fruitful and that they have found an expert.

The problem with this is that especially company founders are usually not able to invest a few hundred or even a thousand euros a month in a business address. The representativeness suffers however massively, if one wants to establish itself in an industry as an expert and still works in Home Office. This subliminally suggests to customers that they are unable to rent business premises. Even if in such a case you answer the question of a business address truthfully and say that you are in the start-up phase, it may be that you shun customers. This is because many large companies do not want to work with business start-ups because they think they lack the necessary expertise.

A virtual business address in one of Duisburg's most fashionable districts makes you look professional and reputable, while at the same time allowing you to separate private and business matters.

Why starting a business in your own living room is not the ideal way

Imagine, you are looking for a cooperation partner for a larger project. You will come across an attractive website, find many positive references, and now want to get in touch with your potential business partner to complete the project details. You google it and find an apartment house in the Plattenbauviertel at this address. Would you still contact this potential candidate or would you rather search for another partner?

Especially for larger customers, it simply does not make you feel confident when you search the Internet for a business address of a potential contractor or partner and this is located in a residential area. So, if you plan to work with larger companies in the future, who usually have large, lucrative jobs, you should definitely look into renting business premises.

Which requirements a business address in Germany has to fulfill

Before you rent a virtual business address, you should familiarize yourself with the German case law, because not every address is also necessarily a business address.

The following 3 things must be given at a business address

Before deciding on a business address, you should make sure that it complies with current case law. There are three basic points to consider:

  1. A business address must have a chargeable address. This means that even formal correspondence, for example, received from state organs and at Post office boxNeed to be acknowledged by you personally or by a proxy. If an authorized representative accepts your letters, it must be ensured that all letters are forwarded to you within a reasonable period of time.
  2. If you publish the business address on your website or on other platforms, in addition to the full address and tax-relevant data, you must also be able to make electronic contact quickly. This usually happens in the form of a telephone number, a fax number or an e-mail address. With these electronic contact possibilities you must be reachable during normal business hours or at least be able to call back promptly.
  3. In addition to documents, it must also be possible to send parcels and formal letters, which can be received either by you or by a proxy. These packages must also be forwarded to you within a reasonable period if necessary.

Important: A business address must not only consist of the specification of electronic contact options and a PO Box.

What are the costs associated with renting a business address?

Renting a business address does not necessarily have to be expensive. The price is based mainly on the services that you can book on request and need.

The simplest option is simply renting a business address. Here, letters, parcels and parcels are accepted by us and forwarded to you.

If it is a lot of mail or important documents that you mainly receive, it would be useful to add a digitization service. In this case, we accept your mail, digitize it and send you all documents as encrypted PDFs via e-mail or upload them to a cloud upon request.

Another useful service that many of our clients use is the virtual secretariat. Thus, calls can be made by our employees and recalls can be arranged. What advantages a virtual secretary can offer you can be found in a separate section on our website.

Of course, it is also possible to receive customers in the offices of Businesscenter Niederrhein, hold meetings and arrange other business meetings. This service is available by arrangement with our management, but we can also take over the catering on request.

 

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