If exemption from personal liability is a determining factor in choosing the suitable legal form for your business in Germany, both of the following will be on your final list:
• Limited liability company (GmbH)
• Limited liability and limited partnership company (GmbH & Co. KG)
Both companies are among the most popular legal forms in Germany. However, they have some differences.
Are you interested in setting up a business in Germany? If so, you will need a special residence permit. In this article from Wise Business Group, we provide you with information about self-employment visas in Germany. We will also highlight the requirements for obtaining a self-employment residence permit in Germany.
Germany has a distinct business culture, reflecting its history, values, and economic structure. Familiarity with this unique culture is essential for successfully starting a business in Germany. In this article from Wise Business Group, we will mention ten fundamental features of German business culture.
How can hosts rent out their property on Airbnb in Germany? Are there any requirements to comply with? Should their property have specific characteristics? Should the hosts take particular legal action before renting their property on this platform? Here at Wise Business Group, we explain the Airbnb regulations in Germany in detail.
One of the questions we often face is which businesses in Germany can quickly become profitable. Business profitability depends on many factors. In this article from Wise Business Group, we mention some examples of profitable businesses in Germany and describe the factors affecting the profitability of businesses.