Frequently Asked Questions about Germany

The following are some of the most frequently asked questions about Germany Company Formation:

How long does it take to incorporate a Germany company?

How difficult is it to open a corporate bank account for a Germany company?

Am I required to visit Germany to incorporate a company there?

What is the minimum number of directors required for a Germany company?

What is the minimum number of shareholders required for a Germany company?

What are the minimum capital requirements for a German company?

Is a Germany company required to submit an annual tax return and/or financial statements?

What are the tax implications for a Germany company?

Does a German company benefit from double taxation treaties?

How long does it take to incorporate a Germany company?
Registering a Germany company can be completed within ten weeks.

How difficult is it to open a corporate bank account for a Germany company?
Since Germany is one of the most developed economies therefore opening a corporate bank account with a reputable international bank is simple and easy.

Am I required to visit Germany to incorporate a company there?
No. Healy Consultants can legally incorporate your Germany company without you needing to travel.

What is the minimum number of directors required for a Germany company?
Under statutory regulations, a Germany company requires a minimum of one director.

What is the minimum number of shareholders required for a Germany company?
A Germany company requires a minimum of one shareholder.

What are the minimum capital requirements for a German company?
To set up a German limited company, a minimum of US$32,000 is required.

Is a Germany company required to submit an annual tax return and/or financial statements?
A Germany company is obliged maintain accounts and submit annual financial statements.

What are the tax implications for a German company?

- Corporation income tax rate is a flat 15%, excluding tax rates levied at the municipal-level.

- Value-Added Tax (VAT) is 19% on all chargeable goods and services delivered in Germany, including intra-company transactions. A lower rate of 7% is charged for daily convenience goods (eg. food, public transport).

Does a German company benefit from double taxation treaties?
A German company can access double taxation treaties with 75 countries.

Contact Us

For more information on any of our Germany corporate services, email email@healyconsultants.com or telephone us at (+65) 6735 0120.

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