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Rather than creating a foreign corporation, why not create a German one? A GmbH (Gesellschaft mit beschränkter Haftung) is limited liability but requires a sta
by MarkCole 10y ago
Rather than creating a foreign corporation, why not create a German one?
A GmbH (Gesellschaft mit beschränkter Haftung) is limited liability but requires a starting capital of €25.000. However a UG (Unternehmergesellschaft) also has limited liability and a €1 starting capital. With a UG 25% of the profits need to be retained until you acquire €25.000 and can convert to a GmbH.
You would have to consult someone else regarding the Zweigniederlassung but I would imagine so as you'll need to be able to pay into the German tax system to pay your payroll/health insurance contributions/pension.