Sounds challenging but in fact this is only playing on intermediate difficulty! The real fun begins when you want a GmbH as a subsidiary of a foreign parent co

Sounds challenging but in fact this is only playing on intermediate difficulty! The real fun begins when you want a GmbH as a subsidiary of a foreign parent company (HQ is in the US for example). Now no bank will accept you as a business customer due to money laundering / compliance reasons -- that is unless you're already incorporated as GmbH. But guess what, to get the GmbH formed you need to show proof of deposit of the EUR 25k in share capital - in a bank account! There's a trick to break this chicken-and-egg and it involves a notary (of course!), putting 25k in cash in an envelope, writing down some numbers into a notebook and then storing that envelope in a safe place until you can deposit it in your bank acct. Receive letter from the Bundesanzeiger Verlag (this translates to “people that send letters that look like a scam, but are in fact not a scam”). Live long enough in Germany and you realise that it is, in fact, a scam. Just a legally sanctioned one. Same as IHK, Rundfunkgebuehr and overpriced mandatory work insurance for office workers.