Foreign investors have two possibilities of establishing a company in Germany: by incorporating a new business or by purchasing a shelf company. German shelf companies are already incorporated companies with no previous business activities. The German Companies Law does not discriminate foreign investors when it comes to registering a company, moreover, the Government encourages foreign businessmen by providing them several types of companies they may register. Among these the most preferred are:
One of the greatest advantages of German shelf companies is that being already registered, an investor will no longer waste time with the incorporation procedure. Aged German shelf companies allow the incorporation of any previous history and thus will provide more credibility to its owner when going into business. Our specialists in company registration in Germany can also customize the company according to the client’s needs.
Among the advantages of purchasing shelf companies in Germany is also the exclusion from accountability compared to registering a new company. Depending on where a businessman buys a shelf company from, our agents in Germany may conduct an extensive due diligence procedure before the purchase is concluded.
Purchasing a shelf company in Germany is quite simple. The only requirement is to transfer the shares from the company to the new owner. The transfer must be completed before a public notary in Germany. Also, when purchasing a German shelf company, all documents must be authenticated by the notary and the buyer must provide his or her identification documents. Once the transfer is completed, the new owner may bring the following changes to the company:
Once all modifications are in accordance to the new owner’s requirements, one must notify the German Trade Register.
If you are interested in setting up a company in Germany, our team can help you. Moreover, our German consultants in company formation will provide you information about corporate requirements for companies. You can also contact us if you need accounting services such as registration for taxation purposes or preparing annual financial statements.