> This is NOT correct. As a GmbH, you have to do double accounting (doppelte Buchführung), whereas as Einzelunternehmer, you can go with a simple Einnahmen-Ausg

> This is NOT correct. As a GmbH, you have to do double accounting (doppelte Buchführung), whereas as Einzelunternehmer, you can go with a simple Einnahmen-Ausgaben-Rechnung, which is easier and also cheaper if you let a Steuerberater do it. This is not correct. The default case is Einnahmen-Überschuss-Rechnung, but if you surpass either 400k/year (or in some cases 600k per year) for two years, you're subject to double accounting even as Einzelunternehmer or GbR. The tax administration can even compel you to double accounting in other cases (like high earnings in a couple of month). I know, since our GbR was subject to double accounting. Sadly.