self employment in Germany

February 23, 2024
10 tax tips for startups in Germany

10 tax tips for startups in Germany

An overview of important tax tips for startups in Germany As the founder of a startup in Germany, you should be fully familiar with the types of taxes that you will be required to pay after starting your business. For this purpose, it is better to get help from a tax advisor in Germany. Here, we briefly mention ten important tax tips for startups in Germany: 1. After registering your business in Germany, complete the tax registration questionnaire and submit it to the tax office. Then, apply for a tax number. 2. Estimate the profit from your business in the first year for the tax office. 3. Read German tax paragraphs and learn about tax saving tricks. 4. Reduce your tax burden by forecasting your business expenses. 5. If you start your business in Germany after a period of unemployment, you can use German tax laws to optimize your business tax. 6. Take advantage of tax benefits for founders in Germany. 7. In the first two years after registering your business in Germany, you must calculate your tax monthly for the pre-registration of the tax return and report it to the tax authorities. 8. According to the amount of profit, the legal form and the size of your business in Germany, use the correct method of determining the profit. 9. Pay attention to corporate performance tax. 10. You can reduce your business tax burden by registering a Gewerbe business in Germany.
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.
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