The Trade Register in Germany is known as Handelsregister, which means Companies House. This is actually the official institution whith which all companies have the obligation to register. All businessmen who are considering setting up a company in Germany must choose a company type and register it with the Handelsregister.
The German trade register falls under the regulations and supervision of the local district courts, also known as Amtsgericht. The trade register in Germany mainly deals with the registration of companies in this country, but also with facilitating information about companies to the public. It is the duty of the trade register in Germany to supervise and observe if the companies respect the German Commercial Code.
The trade register in Germany is divided into two parts. One is responsible with all that involves company registration procedures for all types of businesses, from the articles of association to the shareholders and board of directors. The second division deals with ensuring the good functioning of companies according to the legislation in Germany.
Our German consultants can handle the entire registration procedure for local and foreign businessmen interested in opening a business in Germany.
Company registration in Germany can only be completed if some documents of the company are submitted. These papers must be notarized and sent via Internet or submitted at the local district court. The local authorities must decide within a month if the application is complete and after issuing the registration certificate, the German trade register provides information to the Chamber of Industry and Commerce, as well as tax authorities in order to announce the new company.
The trade register in Germany is a public institution, therefore it allows the public to have access to the database. Besides, it is one of the main roles of the German Trade Register. Anyone can come to an office of the local trade register and search through the numerous companies that are registered or ask for details on a specific company in Germany.
If you are thinking of setting up a company in Germany, you are invited to contact our team of German company incorporation experts.