
Germany is not only one of the places where the modern car, as we know it, was invented, but this country hosts as well one of the most innovative and
competitive automotive industries of the planet. There are several top
automobile producers who have their headquarters in Germany therefore investors who want to
set up a business with auto parts in this country will find a welcoming environment.
Our
specialists in company formation in Germany can provide all needed information on the incorporation process.
Key aspects for opening an auto parts business in Germany
The consumers of the
German automotive market are an informed public who have high demands on the quality of products they purchase. It is recommendable that an
investor in this sector to be informed on the license production in Germany and to work with licensed companies in order to meet the expectations of the market.
It is important for an investor to decide on whether his/her
German company is going to
manufacture car components or to involve only in selling them. While selling will not require investment in technology, an
auto parts manufacturing business will definitely need serious
investment in equipment and in highly trained workforce in domains like engineering and product design.
Our consultants in company registration in Germany can offer you more information on the automotive environment in Germany and on the legal requirements for opening a business in this sector.
Company formation process for auto parts business in Germany
The incorporation procedure for a Germany company starts with choosing a suitable company type and making a name reservation. The following step implies the elaboration of the articles of association for your enterprise which consist of the
mission of the business along with the board structure in which the company will function.
Our specialists in
company registration in Germany can help you decide on the legal structure which is most suitable to your projects. The
Company Act in this country explains the conditions for opening a limited liability company or another type of business structure.
The application for company registration must be filed with the
Trade Register, and upon approval you may immediately start your commercial activity.
Please
contact our
German company formation experts
who can help you elaborate the required documentation and assist you along the registration process in this country.