Master list: Company Formation
The Company Formation section of firma.de’s blog is filled with blog articles aimed at educating you on the legal ins and outs of establishing a business in Germany. We’ve categorised all the posts so you can quickly search and go! Contents GmbH UG (haftungsbeschränkt) Holding companies GbR Einzelunternehmen/sole proprietorships/freelancing AG Types of businesses (specific industries) … Read more
How to register a company in Germany: A company formation checklist
Want to set up a limited liability company (UG or GmbH) in Germany? We’ve put together a roadmap to help guide you through the formation process. This will save you hours of research as we’ve included everything you need to get registered in one neat checklist. Get ready for some fun German terminology! In true … Read more
How to find the perfect company name for your UG or GmbH
A cleverly chosen company name gives a company the necessary recognition value and sets it apart from the competition. But not every arbitrary name is allowed. You can find out here which legal regulations you must follow and how to choose a viable company name. The company name of the GmbH and UG: What is … Read more
Why entrepreneurs should have five bank accounts in Germany or: The problem of terminated German bank accounts
Entrepreneurs should maintain at least five bank accounts: two corporate current/checking/cheque accounts at different banks, two business instant access savings accounts (geschäftliches Tagesgeldkonto) either at the bank that offers current accounts (Girokonto) or another banking institution, and a private current account at another bank. But why all this effort? Because it gives the entrepreneur more … Read more
Should I use the Musterprotokoll or bespoke articles of association when incorporating a UG in Germany?
When forming any UG (the German entrepreneurial company with limited liability), an appointment with the notary is a must: For this, all shareholders sign the articles of association (known as Gesellschaftsvertrag or Satzung in German), which is then certified by the notary. Only after this date can the documents for the UG be sent by … Read more
Forming a UG: Should I use the calendar year as my company’s financial year in Germany?
A financial year that differs from the normal calendar year allows entrepreneurs to prepare their year-end financial statement at a time of their choosing instead of at the end of the calendar year. This enables them to concentrate on what is often the most lucrative time of year. Businesses formed shortly before the end of … Read more