Foreign businessmen who want to open a company in Koln
are advised to invest in the fields of automotive and chemicals, as they are the most important sectors. However, investment opportunities can appear in other fields as well. Regardless of the business field in which the company
is incorporated, the investors should know that the procedure of company formation in Germany
is applied in the same manner at the level of the entire country, including Koln
. Our team of company formation representatives in Germany
can offer more details and assistance to the investors who want to operate here.
Register with the Company Register
When opening a company in Germany
, the investors will need to register with the Company Register
, the main institution which provides information on all the companies
registered in this country. It provides legal details on the businesses set up here, including their legal entity
, information on their business addresses, current financial situation and many others.
Choose a legal entity in Koln
In order to set up a company
here, the investors will need to designate a legal entity
for their business. Depending on the size of the company
, its operations and capital, businessmen can set up one of the following legal entities
• joint stock company;
• general partnership;
• limited partnership.
Investors should also be aware of the fact that they can also set up a sole proprietorship
, which is recommended for businessmen who want to operate a company
in their own name. However, this type of legal representation is indicated for small businesses
, with fewer operations. It is also important to know that its taxation system
differs greatly in comparison with other business forms
. Our team of company formation experts in Germany
can assist investors with more details on this business structure
Register for taxation in Koln, Germany
Companies in Koln
are liable for numerous corporate taxes
, including those related to the company’s employees
performing taxable activities in Germany
are required to pay the corporate tax
. They are also required to collect the Value Added Tax (VAT)
from their customers and during the procedure of company registration in Germany
, the investors have to register with the relevant authorities.
It is important to know that Germany imposes different levels of taxation related to the VAT.