Germany has the most powerful economy in Europe. In terms of purchasing power parity, the country’s GDP closes the top five world leaders. Thanks to the use of advanced technologies and modern equipment, Germany holds the first positions in the production of steel, cement, vehicles, machine tools, electronics, automobiles, shipbuilding, and other industries.

Considering Germany

Additional benefits of doing business in Germany:

The money invested in the company is reliably protected as foreign investment.

Insurance at preferential rates, as for all German companies.

Receiving grants and subsidies in Germany.

Obtaining loans from German banks.

Opening branches or representative offices in the EU.

Business formation steps

Entrepreneurs who are interested in starting a business in Germany must meet several requirements to quickly and correctly get started on the

Germany market.

1st Market research

The very first step in the company formation process is market research and entry. In 2020, the population of Germany is about 83 million people.

2nd Choosing the company name

The second step is to choose the legal name of a company in Germany. The selected option must be submitted to the Chamber of Commerce. the company name must be unique and not contain special characters: ( ) ? ! * # /.

3rd Document preparation

The third step includes a lot of paperwork and document preparation. We will help you prepare the necessary documents for registering a company.

4th Bank account

Every company goes through a corporate bank account opening step. If you need help choosing corporate banking options in Germany then our experts can help with that.

5th Tax identification number

Obtaining from the tax service a tax identification number and a VAT number. The entire process of applying for a VAT number can be completed within 5 business days. Our specialists will provide the best service for representing your company in German tax authorities.

6th License acquisition

The last step is to acquire a business license for the company. We also provide assistance in obtaining a license in Germany.

Our company offers comprehensive services for the formation of a company, we will help you prepare documents, obtain the necessary licenses, open a bank account so that your company successfully enters the Germany market.

https://www.deutsche.ltd/en/business/formation/