Starting a New Business in the UK

How to Incorporate a Company. What You Need to Know

Are you thinking about establishing a business in the UK? Where do you start? This note will give you a brief understanding of the Companies Act 2006 and what you need to know in order to set up a business in the UK. The Companies Act 2006 provides for three types of companies to be established:

  1. Company limited by shares;
  2. Company limited by guarantee; and
  3. Unlimited Company.

The most common form is the company limited by shares, which will be discussed here. Continue reading

When starting a Business in Germany: Don’t Forget the Trade Register Notification (Gewerbeanmeldung)

Under German law (see section 14 Gewerbeordnung, i.e. German Trade Regulation), the commencement of a business activity must be notified in writing (Gewerbeanmeldung) to the local Ordnungsamt (Trades Office), which is a department of the municipal government, for example the city of Munich. This notification obligation also applies to any change in the business (e.g. move, modification to the nature of the business or staff recruitment) and to the termination of the trade activity, which requires a termination notification (Gewerbeabmeldung). More information on the various options in terms of how to start a business in Germany is available here. For an overview of German company forms see here. Continue reading

How to read a German Commercial Register Extract

Every German company, partnership and association must be officially registered in the Handelsregister (Commercial Register). In contrast to England, where this information is collected centrally by Companies House, Germany uses a decentralised system.The “original” records of a company are kept at the respective local District Court (Amtsgericht) where the company has its official seat. This legal seat does not necessarily need to be the actual place of business. Continue reading

Beware of the horrid Monster of German Labour Law: Ficticious Self-Employment

German labour law is strictly regulated and employees are well protected against dismissal if the employer’s workforce exceeeds 10 full time employees (details here). Furthermore, German wage tax (Lohnsteuer), health insurance, social security and state pension contributions are rather hefty (for more see here: Statutory Pension Insurance in Germany). Therefore, to try to avoid these labour costs, some employers but also employees are tempted to make it look as if the employee was a freelancer. They enter into a “consulting” or “freelance” agreement. But in reality the employer still expects the so called “freelancer” to be there at certain hours and the “freelancer” does not have any other clients. This is extremely risky:  Continue reading

London Chamber of Commerce: 10 practical tips for doing business in Germany

In this issue of „London Business Matters“, the London Chamber of Commerce’s monthly magazine, German corporate and business lawyer Bernhard Schmeilzl has compiled 10 Top Tips when starting a Business in Germany”. The magazine also contains helpful information about the trading relations between the UK and Germany. Just browse the online issue. For more details on how to establish a business in Germany please see the articles below

– 3 Ways to expand your Business to Germany
– What is a German “Mini-GmbH” or “Unternehmergesellschaft”?
– 10 Things to do when starting a German Business
– Guide for doing Business in Germany

 

The law firm Graf & Partners (Germany) assists entrepreneurs and businesses with their international expansion to Germany since 2003. Also, we have a network of professionals in the areas tax, IT, marketing and business consulting. Do not hesitate to contact us by calling solicitor Bernhard Schmeilzl at +49 941 785 3053 or send an email to: mail [at] grafpartner.com

3 Ways to expand your Business to Germany

Establish a real German Company, register a Branch Office or start with a mere Representative Office

If you want to sell your goods or services to Germans it is in most cases a huge advantage to be actually present in Germany. A German business address and phone number shows that you are seriously committed to doing business in Germany long term and thus builds trust with customers and business partners. But how to go about it technically? Continue reading

10 Things to do when starting a German Business

If you have read our previous postings “Guide for doing Business in Germany“, “Establish a German Limited Company (GmbH): FAQ and Checklist“, “Taxation for UK Expats or Freelancers in Germany” and “Open a Business Bank Account in Germany?” you already have a pretty good idea how to go about starting your own German business. With this posting we provide ten – personal and probably subjectively biased – practical tips how to get a head start: Continue reading

Establish a German Limited Company (GmbH): FAQ and Checklist

If you wish to establish a German Limited Company (Gesellschaft mit beschränkter Haftung, in short: GmbH) from abroad, you will probably not get very far without the assistance of experienced professional service providers. For more than 10 years the German law firm Graf & Partners advises and assists foreign shareholders and company directors on how to: Continue reading