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Stable environment, dynamic markets:
Germany as a location for business

Every year, many entrepreneurs decide to establish a company in Germany. Why?

1. Dynamic economy
In 2017, Germany had the fourth largest gross domestic product in the world, behind the USA, China, and Japan. It has been growing continuously since 2009. This dynamic environment offers excellent commercial opportunities for newly established companies.

2. Positive image
German companies are well respected abroad. “Made in Germany” still stands for quality. People who establish a company in Germany benefit from this image.

3. Highly-qualified workforce
The amount of money spent on public education in Germany has increased every year since 1995. Germany is also an attractive labour market for immigrants. Consequently, people establishing a business encounter a highly qualified workforce.

4. Open doors
Due to demographic changes, the German government welcomes the idea of people from other countries working in Germany. Depending on the German state and the type of the company, it might even offer financial incentives. Since 2012, establishing a GmbH in Germany has also become easier for people from countries outside of the EU.

5. Stable political environment
The stable democracy and rule of law in Germany constitute a reliable environment for doing business long-term and for creating a livelihood.

6. Settlement permit
Non-EU citizens can get a settlement permit via gainful employment.

 

The legal form of a GmbH: simple and safe

GmbH stands for “Gesellschaft mit beschränkter Haftung” (limited liability company). This means the financial risk is limited. Provided the required capital contribution of at least EUR 25,000 has been paid, only the GmbH, and not the shareholder or the managing director is personally liable for the debts. If the company ever gets into difficulties, creditors cannot access the personal funds of the entrepreneur. In this respect, the GmbH works like a protective shield for the entrepreneur.

At the same time, it is well respected by customers and business partners. A GmbH can be established easily and quickly.

RESPECTED LEGAL FORM
PROFESSIONAL APPEARANCE
NO PERSONAL LIABILITY
FEW FORMALITIES
'ONE-MAN' COMPANY POSSIBLE (“EIN-MANN-GMBH”)
SEPARATE LEGAL ENTITY WITH ITS OWN NAME
EASY TO SELL
QUICK AND EASY TO ESTABLISH

What other advantages does a GmbH offer?

The GmbH offers many advantages. However, we believe that the eight aspects listed on the left/on the right are sufficient for showing clearly that, in today’s legal world, setting up as a GmbH is essential for people who are self-employed.

More information!

Nicole Mutschke
Lawyer specialising in banking and capital markets law

Henning Linnenberg
Lawyer specialising in banking and capital markets law

Claudia Halstenberg
Lawyer specialising in banking and capital markets law

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