Electronics is one of the most fast developing and universally needed technology at the moment. Those who want to
set up a business in Germany in this sector can find in this country a suitable working environment, with prestigious tradition in the field and experienced workforce. Our
consultants in company formation in Germany can help you implement your project, by advising you on the registration process and legal requirements for
starting a company in this country.
Steps for the opening of an electronics company in Germany
In order to
set up an electronics company in Germany you will have to follow the steps of
company formation in Germany according to the
Commercial Law. Our consultants in company incorporation can help you decide on a type of legal structure in which to organize your enterprise. The local legal framework offers the possibility of
setting up a company in Germany with a minimum share capital of 25.000 Euro. This company is called
Gesellschaftmitbeschränkter Haftung – GmbH and works as a Private Limited Liability Company. There are other types of legal structures as well that can serve you in
opening an electronic business in Germany. For example in case your business has only one owner you can choose to start a sole proprietorship, which is the simplest business form in this country.
Another thing to do, when starting an electronics company in Germany, is to ensure the unicity of the name for your company and reserve it to the German Commercial Register. The name should manage to express your companies' area of activity and its representative values.
Our specialists can help you along the steps of
opening a business in Germany by providing assistance with the paperwork elaboration required for the company establishing application.
Requirements for setting up an electronics company in Germany
If
foreign investors want to
open an electronics company in Germany, they must elaborate a business plan in which to decide on the types of services they intend to provide to the public. As such you might choose to provide:
- • manufacture services, if you intend to be a provider of electronic components to the market;
- • design of new components or software;
- • test services, for identifying the bugs in already proposed products;
- • distribution;
- • return/repair services for electronic components;
- • assemblies for original equipment manufacturers.
Depending on the area in which you intend to operate you might need to make sure that you respect the intellectual property legislation. For new components and software you can apply for patent recognition.
You are invited to
contact our experts in
German company formation who remain at your disposal with more specialized advice regarding the intellectual property legislation in Germany and the establishing requirements for a business in this country.