A way to enter the
German business market is by establishing a
publishing company. The
publishing industry is thriving in this country and the projections up to 2020 are showing a stable and developed market. In order to
open a company in Germany in this industry, the investors will have to follow the regulations related to the
procedures of company formation which are available for
commercial companies. This
type of business will also require obtaining business permits and
our team of company formation representatives in Germany can help foreign businessmen in this process.
Start a company in Germany
In order to
register a company in Germany, foreign investors will need to respect a set of rules. However, businessmen who are citizens of a member state of the European Union (EU) will be able to
set up a company with no restrictions.
The first aspect related to the procedure of
company registration in Germany refers to the
legal entity of the
future company. This will provide the rights and obligations the investors will have, their liability in respect to the
company’s assets and many more. Most of the
businesses in Germany are registered as
limited liability companies, but there are numerous options which can provide benefits and
our team of specialists in company formation can provide more details in this sense.
It is also important to study the
taxation system applicable in
Germany. All
companies in Germany are required to pay the
corporate tax and the
Value Added Tax (VAT). Businesses set up in the
publishing industry are imposed with a
smaller VAT rate, established at 10%, but only for the
printed books. At the moment,
companies providing
e-books are imposed with the regular VAT.
E-book industry in Germany
The persons who want to
open a German company should know that the local market is very well developed in the field of
digital books.
Germany has one of the most developed industries at a global level. For example, in 2014, the
German digital book industry accounted for EUR 24,8 million. Overall,
Germany is the
world’s second most important book industry, as more than 25% of the
German population reads on a daily basis.