Company Formation

What is required to open a business bank account in Germany?

Contents What exactly is a Geschäftskonto? Who has to open one? Why should I open one? What should I look for? What are the costs? What documents do I need? SCHUFA Business vs. private bank accounts Can I use an existing bank account? When should I open one? Who must be at the bank appointment? …

Company objective: How to define the your business activities in Germany

Contents What is a company objective? Company objective vs. business purpose Who needs a company objective? What non-profits need to know Why is it so important? How to formulate one correctly Tips for a perfect company objective Extending additions Examples Summary [BEGIN: Insert an Image between this tag] [END insert Image] Got questions about …

Certificate of incorporation for German limited liability companies

Contents What are the Handelsregister basics? What role does it play in company formation? What’s included in the Handelsregister entry? What is the appendix to the Handelsregister? How can I update the entry? How can I remove my company from it? How can I get a Handelsregister excerpt? Delayed or omitted entries Transmission of data …

UG in Germany: Learn the basics about Unternehmergesellschaft

Summary The UG or Unternehmergesellschaft is a type of German limited liability company that can be founded with as little as €1 in capital. It is suitable for one or more founders, must be entered in the commercial register, and comes with advanced accounting and tax obligations. The UG offers legal protection and business credibility …

Musterprotokoll vs custom articles of association: A concise comparison

Contents Introduction Musterprotokoll vs Gesellschaftsvertrag What impact does the choice have? What is a Musterprotokoll? The right statutes for your company Articles of association in Germany DIY company statutes More to read [BEGIN: Insert an Image between this tag] [END insert Image] Got questions about setting up a business in Germany? Startup expert 10+ …

Opening a German bank account as a non-German: How it works

Contents Can I open a bank account as a non-German citizen? How to open a bank account as a non-German citizen Getting a representative to open your bank account Necessary documents for verifying your identity Which non-German citizens can open an account? Apostilles not recognised in Germany Legalisations that are recognised in Germany Which nationalities …