Formation of a company in Germany involves a number of formalities which are quite straightforward in approach. The regulations and procedures, which are required to be followed for setting up the company, are not that different as present in the other countries. Usually a time of 2-5 days is taken for forming a company in Germany. To make you aware about each and every aspect of forming a company in Germany, let’s dig deeper into the subject. Let’s decode the reasons which have made company formation Germany so popular: Usually, 4 types of companies can be formed in Germany, namely, Limited companies, Joint companies and partnership concerns.
1. German UG
2. German GmbH
3. German AG
4. German-KG
Forming a GmbH in Germany requires a minimum share capital of € 25,000 which can be pumped into the business in the form of either assets or cash. The shares of the GmbH companies are not permitted to be traded publicly and thus cannot be listed on the stock exchange.
