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So a normal GmbH, which would be the equivalent of what I'm talking about, can be incorporated online for 25 EUR in 30 minutes? I thought that's what the artic
by throwaway11460 3y ago
So a normal GmbH, which would be the equivalent of what I'm talking about, can be incorporated online for 25 EUR in 30 minutes?
I thought that's what the article is about. What's so specific about the form of incorporation they are talking about? A limited liability company is the most basic form of a corporation...
Sole proprietorship / self-employment can be started here for around 20 EUR too, but that's not a company. Or does Germany have some other forms of companies that I don't know?
- qayxc 3y ago> Or does Germany have some other forms of companies that I don't know? There are 9 forms of companies in Germany, only two of which (GmbH and AG [stock corporation/PLC/...]) require fixed capital and a notary.
- throwaway11460 3y agoThere are many more in my country too, but they don't offer the liability protection and legal personality that is usually expected of "a company". What other kind of corporation could be used in Germany to do the job of a limited liability company?