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Nuances of opening a branch of a foreign company in Germany
Publication date/update: 05.01.2023
Registering a representative office in Germany is one of the most progressive and balanced decisions in 2022 for developing your business, as well as obtaining new customers and markets.
The main advantages of doing business in Germany
As you know, Germany is an EU member country, which gives a businessman an undeniable advantage when creating a branch in this state. Among the main features are:
- 1Germany is one of the largest industrial and commercial centers of the European Union.
- 2Availability of a transparent tax system and reliable legal system.
- 3A developed network to market products or services to consumers.
- 4One of the world's innovation centers for the development and launch of modern products.
- 5A developed network of banks.
- 6Partnership relations with many developed and developing world states. DTA agreements have been signed with more than 80 countries of the world.
- 7It is possible to register a company if the founder is outside the country.
Opening a branch office in Germany
Registering a subsidiary of a Russian company in Germany is an excellent opportunity for independent work in a foreign market. At the first stage of opening a business, a businessman needs to choose a form for registering a company. There are several options:
- 1A subsidiary registered as a German organization with legal independence.
- 2A branch that will not be an independent company. Working within a branch in Germany involves copying the goods and services offered by the main company.
- 3A department that has an auxiliary function (call center, marketing department, overseas warehouse) for carrying out the activities of the parent company.
- 4A representative office, which implies the expansion of the company's influence on the German market.
Please note that a representative office and department do not require registration with the relevant authority or entry in the Commercial Register. However, when choosing a branch or a subsidiary form of doing business, you will have to collect a certain package of documents. As a rule, they include:
- 1Application.
- 2Corporate charter with notarization.
- 3Statement of the management structure.
- 4Certificate of deposit of the authorized capital in a German bank.
- 5Visas of Russian founders.
- 6Legal address in Germany.
- 7Information about shareholders or participants.
Business owners prefer the GmbH form for their business registration. Please note that the minimum authorized capital is 25,000 euros, and the founders are not liable for the company's obligations.
In case of problems when opening a branch company in Germany, it is necessary to seek competent legal assistance. Lawyers and auditors of the DVP Audit consulting company provide a full range of services for registering your business in this European country.
In case of problems when opening a branch company in Germany, it is necessary to seek competent legal assistance. Lawyers and auditors of the DVP Audit consulting company provide a full range of services for registering your business in this European country.
You are most welcome to meet us both in Russia and Germany!
DVP | Moscow
ООО „Dr. Voigt & Partner"
107031, Moscow, Petrovka Street, 27 , Room 1/5
info@partnery-audit.com
+7 495 690 92 62
ООО „Dr. Voigt & Partner"
107031, Moscow, Petrovka Street, 27 , Room 1/5
info@partnery-audit.com
+7 495 690 92 62
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DVP Audit GmbH Wirtschaftsprüfungsgesellschaft
Erik-Blumenfeld-Platz 27 b, 22587 Hamburg, Germany
info@partnery-audit.com
Tel. +49 40 866 6740 Fax +49 40 866 67444
DVP | Los Angeles
DVP Consulting LLC
1401 21st ST STE R Sacramento, CA, USA
DVP Audit GmbH Wirtschaftsprüfungsgesellschaft
Erik-Blumenfeld-Platz 27 b, 22587 Hamburg, Germany
info@partnery-audit.com
Tel. +49 40 866 6740 Fax +49 40 866 67444
DVP | Los Angeles
DVP Consulting LLC
1401 21st ST STE R Sacramento, CA, USA
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