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If you are based in Germany, you still have to pay German social insurances (health, retirement, care, occupational accidents) for yourself and all employees. T
by captainmuon 9y ago
If you are based in Germany, you still have to pay German social insurances (health, retirement, care, occupational accidents) for yourself and all employees. These are probably a greater expense of money and time than having to set up a GmbH.
And the whole purpose of GmbH or LTD is to limit liability if something goes wrong - but I wouldn't want to have to defend myself or liquidate my company in a irish or maltese jurisdiction...