Germany Company Types

  • Home
  • Germany Company Types

GmbH is also familiar with Limited Liability Company. This is the most common type of business in Germany and is correspondent to a Limited Liability company (LTD). Currently, the minimum share capital is €25,000. It can bring Capital to the business through assets or cash. It should reveal the value of the original assets in the articles of association if it merges assets. They may not plan the shares of the German company GMBH on the stock exchange since they are not intently traded. The annual shareholder meeting ensured the management of GMBH. The director of the company, who is selected by the general meeting of shareholders, took day-to-day decisions. There is no constraint on the withdrawal of profits. The German Residence Act ultimately determines the situation and circumstances for pursuing a self-employed activity in Germany. Under European law, citizens of the EU can set up a business in any European country. Though, it is necessary to inform the local registrar and give the funds.

Gmbh company Formation
German UG

 

 

German UG They can establish (UG), the English correspondent of LTD, known as ‘mini-GmbH’ with a capital of only €1. This unit is the most admired for new firms because it is more active than the normal GmbH. We can conclude UG training in less than a week. We can take care of the corporation formation of UG companies remotely. Entrepreneurs have the option of obtaining eternal residence consent as a director of the company.

Transparency and Customer-centricity

 

 

 

German KG -Limited Partnership – When two or more partners team up, forming a KG is also an alternative. General partners are only accountable for the capital contributed, and they are fully responsible. The Silent partners may not interfere in day-to-day business and administration decisions.

German AG

 

 

 

German AG – Joint Stock Company- Large companies and publicly traded businesses are used. AG requires a minimum of EUR 50,000 to form a company. Members are accountable for the contribution of capital. The Council manages the company and supervises a separate board of directors. The accounts of German AG must be audited by a registered auditor.

Transparency and Customer-centricity

GERMAN SUBSIDIARY

 

 

 

German Subsidiary – A German subsidiary is a separate official body used to enter the market with a self-determining business, the shares of which may be owned by a foreign legal entity.

German Branch It is possible to set up a branch in Germany to come into the market. However, it is not a legal entity. The accountability and the profits are set with the parent company.
GERMAN BRANCH
Join the Conversation
Asia:+91-9643-460-171 Europe:+31-(0)20-244-1878
Company Profile
Download Proposal