Founding a GmbH in Germany

Suppose you are a foreign investor and want to open a German company for more significant business. In that case, a full German limited liability company or with its German acronym “GmbH” will be your best choice. On the other hand, a “Gesellschaft mit beschränkter Haftung” offers a simple structure typically designed for private companies.

Incorporating German GmbH

Requirements

There are not many requirements for opening a GmbH:

  • minimum share capital for a GmbH is € 25,000,
  • minimum number of shareholders is one,
  • minimum number of directors is one,
  • a physical address is required,
    which can be realized with a virtual office,
  • the legal description of the line of business,
  • the notarization of the articles of association,
  • the application of registering the company with the commercial registry via the notary,
  • shareholder (or his special representative, based on a notarized power of attorney) has to sign a deed on the incorporation, and the appointment of one or several director(s) before a German notary (in the event of their absence, you need a remote founding),
  • then the new director(s) has/have to open a bank account
  • afterwards the company has to fund this bank account with at least € 12,500 (= half of the company stock capital),
  • upon proof of capitalizing your company, the notary will apply to register your company with the commercial registry.

After the incorporation, the company has to be registered with

as a minimum. Depending on your company’s line of business, you might need a permit. In seldom cases, you need the permission first before you may have the company registered.

 

Basic Offer

Our standardized offer for setting up your company instantly:

 

Supported Founding

Do you think the form is too complicated, or do you want a healthy mix of “do it yourself” and professional support? We can accommodate your request! So make your appointment for your live support right here.

Are you in a hurry?

If you are in a hurry or are a non-European without a residence permit for Germany, we recommend that you purchase a shelf company. We have detailed the difference here. For regular incorporation, it can take about 2.5 - 3 months to receive your VAT ID.

Foreigners outside of Europe who do not reside here will generally not obtain a checking account with a German bank. However, with a shelf company from our partner, Beam my Presence to Germany UG (haftungsbeschränkt), you can start selling your goods or services in Germany and outside Europe right after the notary visit! The company also has an account, which can also be taken over if a European is an authorized signatory or managing director of this company. We can then make an appointment with the notary within about a week.

 

Fees (ex VAT)

  Individual
GmbH
Standard
GmbH
Basic Fee Instant Company Formation – as above 992 € 727 €
Surcharge for Optional Services
Considering more than three Persons – per Person  58 €
Corporate Founder from EU – per company 288 €
Corporate Founder from certain Commonwealth countries – per company 403 €
Corporate Founder – rest of the world – per company 575 €
Trade Registration – standard service 173 €
Trade Registration – budget service  58 €
Trade Registration – urgent service 345 €  
Registration with Tax Office 805 €
Payroll Set-up 345 €
Applying for a VAT-ID  58 €
Remote Founding 1530 € 943 €
Interpreting @ Notary 345 €
Installing Alexander as your company’s proxy director   58 €
Registration at IHK   35 €
Applying for EORI Number – normal processing   46 €
Applying for EORI Number – urgent application   69 €
Providing your Website with an Imprint   35 €
Registering with Chamber of Handicrafts – standard service 173 €
Registering with Chamber of Handicrafts – budget service   58 €
Registering with Chamber of Handicrafts – urgent service 460 €

By filling out and submitting the form, you accept the standard terms and conditions and assure that you act as a business!

If you still have questions, please visit our FAQs on incorporation by clicking this sentence.

Order your company right here and now !

Steps to Found your Company


Get your readymade company with a virtual office from BeamIf you really want to start business quickly, then consider buying a readymade company right off the shelf !

Do you want to have a business address without renting physical space? Take out a virtual office!

Beam my Presence to Berlin UG (limited liability) is our associate business partner in providing virtual offices for your business in Germany. This approach keeps your private life outside of business.