Determine the company type
There are several types of company options for setting up a company in Germany. These include Limited Liability Company (GmbH), Joint Stock Company (AG) and Sole Proprietorship (Einzelunternehmen). Decide which type of company is best for you.
Identify company name and purpose:
You must determine the name and purpose of your company. This is required to set up a company in Germany.
Identify your partners or shareholders:
If you are going to co-found the company, identify your partners or shareholders. This will affect the company's management and decision-making processes.
Get tax number:
When you set up a company in Germany, you must obtain a tax number. This ensures that your company is a taxpayer.
Register your company
You must register your company in Germany. This process takes place in the presence of a notary public.
Register in the trade register:
You must register your company in the trade registry. This gives the company official recognition.
Open a bank account
Open a bank account for your company. Thus, it will be easier for you to manage the financial transactions of the company.
Get the relevant permissions:
You must obtain the necessary permits for your company to operate. This ensures that your company is legally recognized and operates in a lawful manner.