Business Management

Summary In liquidation, a company such as a GmbH or UG is formally closed through a structured legal process. The shareholders pass a resolution to dissolve the company and appoint liquidators to settle its affairs. All assets must be sold, debts paid, and creditors publicly notified. A mandatory waiting period allows any remaining claims to surface. …

Summary A loan agreement under German law involves the lender transferring money to the borrower, who becomes free to use it but must repay it later. Agreements should be in writing, outlining loan amount, term, repayment schedule, interest rate, default terms, and termination rights. Larger or formal contracts often include acknowledgement of debt or guarantees …

  Key Takeaways A business address is the official location where your company receives mail and legal correspondence. 💬Geschäftsadresse The address must be physically located in Germany. Corporations and LLCs (e.g., UG, GmbH, gGmbH, GmbH & Co. KG, AG) require a registered office address. 💬Ladungsfähige Geschäftsadresse A virtual business address is only valid if it …

Summary: What is the Rundfunkbeitrag in Germany? The German broadcasting fee (Rundfunkbeitrag) is a mandatory public service fee in Germany that funds public broadcasters such as ARD, ZDF and Deutschlandradio. Introduced as a universal fee, it ensures that all citizens have access to non-commercial broadcasting (TV, content on demand, radio, podcasts). The contribution is required …

Summary General Terms and Conditions 💬AGB in Germany are pre-defined contractual rules that standardise agreements between businesses and their customers. They simplify contract management and ensure clarity, especially for online shops. Although not legally mandatory, AGB help protect both sides by defining payment terms, cancellation rights, liability clauses, and other core conditions. To be valid, customers …

Summary Before hiring employees in Germany, every employer must apply for an employer business number 💬Betriebsnummer from the Federal Employment Agency. Employers are required to collect and record key employee data such as identity documents, tax ID, pension insurance number and health insurance certificate. The employment contract must be provided in writing and include details on …