Company incorporation in Germany.
The company registration process in Germany is straightforward If you know the process and requirements well. YKG Global’s team of professionals can assist our international clients in incorporating a company in Germany.
Our services include the end-to-end process.
- Name Reservation
- Preparation of documents as MOA/AOA/Shareholder agreement
- Registered office, Physical or virtual
- Tax Registration
- Trade license registration
- Corporate bank account opening
Process and timeline.
- Generally, it takes up to 2 weeks to complete the registration process in Germany.
- After the company's incorporation within 4 weeks, YKG Global will complete the trade registration.
- The next step is to open a corporate bank account, a client must visit the bank branch for the face-to-face interview. Our team will assist the client in arranging the meeting with the bank and prepare all the required documents.
Types of companies in Germany
- Sole Proprietorship (Einzelunternehmen): A business that is run and owned by one individual. The owner then becomes personally liable for any kind of debt that the business will owe.
- Limited Liability Company (Gesellschaft mit beschränkter Haftung, GmbH): This is one of the most popular types of companies in Germany. The responsibility of the owners is confined only to the amount that they have invested in the company.
- Joint Stock Company (Aktiengesellschaft, AG):: this is a company that issues the shares to the public and can normally be utilised for big businesses. Besides, the shareholders have limited liability towards their shareholding in the company.
- Limited Partnership with a Limited Liability Company as General Partner (GmbH & Co. KG): In this construction, a general partner is a GmbH, and the other partner is a KG. The KG does allow flexibility with investors, but again, the general partner's liability remains limited only to its share.
- Entrepreneurial Company (Unternehmergesellschaft, UG): Also called "mini-GmbH," this form of company is comparable to GmbH but requires only less starting capital. This usually is used by most startups.
- Registered Association (eingetragener Verein, e.V.): It is a non-profit organization used for clubs, charities, and other groups not operated to make a profit.
- Civil Law Partnership (Gesellschaft bürgerlichen Rechts, GbR): It means Gesellschaft bürgerlichen Rechts, abbreviated as GbR. A simple partnership utilized for small businesses or freelancers. All partners have personal liability regarding the debts of the business.
Benefits of company registration in Germany.
- Strong Economy:
- Access to the European Market:
- High-Quality Infrastructure:
- Skilled Workforce
- Legal and Political Stability:
- Attractive Tax Incentives:
- Strong Intellectual Property Protection:
- Ease of Doing Business
- Reputation and Credibility:
- Support for Startups and Innovation:
- Access to Funding:
How YKG Global will assist you in Company Registration in Germany
End-to-end assistance: With YKG Global, you will get assistance from expert Chartered Accountants (CA) and Certified Practicing Accountants (CPA) who understand Canadian corporate laws and regulations. We handle the complete registration process and post-registration compliance with bank account support.
Online Process: You can register your company in Germany remotely and there is no need to visit Germany. At YKG Global, our team in Germany will handle the entire process, from due diligence and name reservation to obtaining incorporation certificates, and tax registrations. For the corporate bank accounts you may need to visit there, it depends on the bank's requirement.
Fast & Transparent Timelines: Once all documents are received, our team will conduct due diligence and reserve your preferred company name. after the company incorporation, our team will provide you with RJSC registration documents, and certificate of incorporation, and other key documents.
We will assist you in opening your bank account within 30 days of incorporation, providing you with all required forms and support for KYC (Know Your Customer) processes.
Customized Solutions according to Business Activities: YKG Global advises you to choose the best company structure that suits your business needs, whether it is a Private Limited company, public company, sole trader, branch office, or representative office. Our expert will advise you through the legal and operational implications of each type.
Over Four Decades of Expertise: With over 40 years of experience and a global presence in more than 40 countries, YKG Global has a very good understanding of Germany's business registration and compliance.
Global Connectivity and Strong Relationships: Our team has very strong relationships with banks and regulatory authorities enabling us to smoothen your entry into the Canadian market.
