Germany as one of the four largest economies in Europe, in the EU countries has a good reputation, and in the international market is not to be outdone, with the rapid development of the global economy in recent years, Germany in the global economic environment at the same time, but also with excellent development results, successfully brought together the world's well-known enterprises to invest in. So just now we know this overseas company Germany is still good. Then follow me to see how registration needs to be handled, so that the company can open a quick bet. I'll show you how to sign up, you sign up.
Several types of German companies
1. German GMBH: GmbH-Private GmbH may be incorporated in Germany by at least one investor with a minimum share capital of €25,000. The capital of the company can be submitted in cash or in kind (in this case, the value of the assets must be specifically indicated in the articles of incorporation). One issue to consider is that shares in the German GMBH cannot be transferred to the public and cannot be registered on the stock market. A general meeting of shareholders is a meeting to ensure the management of GMBH. Day-to-day corporate decisions are made by the directors of the company, who are appointed by the general meeting of shareholders.
2. German joint-stock companies: This applies to large enterprises, as it is possible to increase the initial capital by registering shares on the stock market. German joint stock companies require a share capital of not less than 50,000 euros. As with a joint-stock company, members are only responsible for the amount of their capital contribution. Management is guaranteed by the Management Committee and regularly inspected by a Supervisory Board composed of at least three members. For this type of business, the accounts must be assessed by a statutory auditor.
3. German limited partnership companies: consisting of two types of partners: silent partners who must contribute to the capital of the entity and have limited liability within the scope of that contribution, and the debts of the general partner entity that does not necessarily contribute to the capital of the entity but has unlimited liability and who can claim profits. The general partner is a partner with decision-making power in a German limited partnership, while a silent partner cannot participate in any management decisions.
4. Self-employment: If the entity faces bankruptcy, it is not protected in any way.
5. Branches: Branches are also a popular way to enter the German market, and many foreign investors choose branches as the first step in their business development. A branch is not a legal entity, which is why the assets and liabilities of its branch belong to the parent company.
German company registration process
1. The customer determines the business scope of the company for the purpose of registering the company.
2. Provide the company name, conduct a name search, and determine its company name.
3. Sign the entrustment agreement and pay the down payment.
4. Submit the application materials to the German Company Registry for verification.
5. Obtain the company registration documents and scan them to confirm to the customer.