self employment in Germany

February 14, 2024
Part-time self-employment in Germany

Part-time self-employment in Germany

Part-time self-employment in Germany at a glance Is it possible to be part-time self-employed while having a blue card residence and an employment contract in Germany? Yes, the blue card holder can register a company in Germany and hand over its executive management to his spouse or trusted person until obtaining a permanent residence permit. They can also work part-time in this company. If the blue card holder does not have a trusted person in Germany, they can still be self-employed part-time by registering a side business at the Trade Office. In this case, they should pay attention to the requirements of self-employment in the target city, which is included in the Zusatzblatt sheet. Also, their employment contract should not contain clauses that limit or prohibit them from starting a business. With part-time self-employment in Germany, you can realize your business idea and have a reliable source of income through your primary job. In such a case, it will be easier to finance the new business, and the time investment and mental pressure to generate income will be less. As a result, you can safely test your business idea and increase your income if it is successful. Before starting the activity, inform your employer that you intend to be self-employed part-time. In addition, you need to register your business, register with the tax office, and obtain the necessary permits and certificates.
March 4, 2024
legal form in Germany

Legal form in Germany

A brief overview of the types of legal forms in Germany The legal form of a company specifies the ownership structures and the distribution of risk and liability in that company. Therefore, choosing it before starting a business is especially important. Legal forms in Germany are divided into three categories: corporations, partnerships, and sole proprietorships. Each of them also has different subsets as follows: Corporations in Germany • Limited Liability Company (GmbH) • Company with limited liability and limited partnership (GmbH & Co. KG) • Entrepreneurial Company (UG) • Public joint stock company (AG) • Private limited company based on shares (Ltd.) Partnerships in Germany • Civil Law Partnership (GbR) • General partnership (OHG) • Limited Partnership (KG) Sole proprietorships in Germany • Sole proprietors • Sole merchants • Freelancers • Small business owners To choose an appropriate legal form for your business in Germany, you should pay attention to the number of founders, required share capital, start-up process and costs, liability, and accounting requirements. You can also consult experts in this field.
March 11, 2024
“Made in Germany” product

“Made in Germany” product

A review on "Made in Germany" label provision "Made in Germany" label is somehow equals a guarantee for high quality products. To sum up, for using this label, you should follow some rules: Your production process including development, design, production and quality assurance must be done in Germany. The parts determine the nature of your products should be made in Germany. In other words, the base of value chain should be in Germany.
March 19, 2024
The new immigration rules in Germany

The new immigration rules in Germany

The new immigration rules in Germany at a glance In 2023, the German government created new changes to the immigration rules for skilled workers. These changes have been made to attract skilled foreign labor and solve the labor shortage in Germany. The significant changes are related to the following: • Requirements for obtaining a blue card • Recognition of educational qualifications • Introduction of opportunity card Generally, according to the changes made in the immigration laws to Germany, a broader range of jobs with lower earnings will be eligible to obtain the German Blue Card. There is no requirement to recognize educational qualifications before entering Germany. If specialists get enough points, they can enter Germany using the opportunity card and search for their qualified job.
April 29, 2024
GmbH purchase agreement in Germany

GmbH purchase agreement in Germany

One of the common questions of our clients is often related to the purchase conditions and how to conclude a GmbH company purchase agreement in Germany. […]
May 19, 2024
UG company in Germany

UG company in Germany

Information on UG or mini-GmbH companies at a glance • The entrepreneurial company (UG) has existed since 2008. • It is a particular form of limited liability company (GmbH), not an independent legal form. • It is also colloquially called a mini-GmbH. • The required capital for establishing a UG in Germany is 1 euro. • Shareholders must keep one-quarter of the company's annual net profit to compensate the initial capital. • By providing 25000 euros, you can convert it to a GmbH.
June 25, 2024
KGaA legal form in Germany

KGaA in Germany

The legal form of limited partnership with shares (Kommanditgesellschaft auf Aktien, KGaA) in Germany is a combination of the structure of both joint stock companies (AG) and limited partnership (Kommanditgesellschaft). A limited partnership with shares (KGaA) like stock companies in Germany must be commercially registered. Also, it should register its activity with the regional trade office.
July 17, 2024
Start-up grant in Germany

Start-up grant in Germany

An overview of start-up grants in Germany If you dream of starting your own business in Germany, you must be very persistent and incur huge expenses. Most start-up entrepreneurs in Germany cannot provide enough capital to start a business alone. There are many options for financing businesses in Germany, especially in the start-up phase. The most important is the start-up grant awarded to young entrepreneurs by the German Employment Office. To apply for it, you must have a coherent business plan and obtain confirmation from specialized and reliable institutions in Germany indicating that your business idea is viable. You can also use a KfW start-up loan to finance your business or receive a grant from other development or guarantee banks in Germany.
August 24, 2024
Querying the information about a company in Germany

Querying the information about a company in Germany

A brief about querying the information of a company in Germany You can use the following sources if you intend to buy a specific company in Germany and want to inquire about some tax, legal, and credit information before purchasing the company: 1. Inquiring about the company's registration history, legal status, and its managers through the Handelsregister website 2. Access to annual reports, balance sheets, and financial information of the company through the Bundesanzeiger website 3. Inquiring about the company's possible lawsuits through local judicial authorities in Germany 4. Inquiring about the company's tax situation through tax consultants or local auditors 5. Receiving a comprehensive report of the company's financial, credit, and judicial status through validation companies
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