Foreign investors who intend starting an IT business in Germany
should know that this industry receives each year more than 10.5 percent of the budget allocated to innovation in this country. In Germany you will find highly skilled workforce which may bring your business objectives to a quick accomplishment. Our team of specialists in company formation in Germany
may offer you support with the procedure of business registration and can accommodate you to the local legislation regarding the corporations.
Steps for opening an IT company in Germany
Setting up a company in Germany
requires a standard procedure. Our consultants in company formation in Germany
can explain you step by step the process of business registration with the local authority. The official institution which receives the application for the opening of a new company
is the Business Register. This is the place where the investor needs to file documents which provide information on the name and commercial activity of the company to be.
One of the first issues on which you need to take a decision is the type of legal structure which can best accommodate your IT business.
If you choose a Gesellschaftmitbeschränkter Haftung – GmbH
your company will function as Private Limited Liability Company. You can open this business structure with a minimum capital of 25.000 Euro. Other legal structures may be more appropriate for your business plan and you can rely on the advice provided by our specialists in German company formation
for more information on this matter.
Legislation regarding the setting up of an IT company in Germany
When you open a German company in the IT sector
you must be aware of the specific legislation which applies to foreign investment
in this country. In Germany your profits will be taxed according to the local tax provisions. Whether you intend to obtain profits from more than one country you might consult as well the double taxation agreements signed by Germany
with other states.
The Germany Company law requires that the name that you choose for your business to respect certain regulations. The registration of your brand as well as the business activity you perform through your IT company, should take place in compliance with the provisions of the Intellectual Property Law in Germany.
For more information of the legal framework regulating company registration
and functioning, don’t hesitate to contact
our specialists in company formation in Germany