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Why choose Germany?
Germany is a federal state composed of 16 states. It is the most crowded country in the EU, with a population of more than 82 million.
Germany is not only the strongest economy in Europe, but also one of the strongest economies in the world. Because of its stability, it can easily overcome the global economic crisis of 2007/2008. According to data released by the Federal Statistical Office, Germany's budget in the first half of 2019 exceeded the budget by 45 billion to 300 million euros. According to TUIK data, Germany always ranks first in most importing countries in the world every year.
Germany is also attractive to foreign investors. In addition to becoming the most invested country in the EU countries, it also attracts many investors from outside the EU.
Although investing in Germany is more expensive than Eastern European countries, it can bring more attractive results.
On Demand International has an office in Düsseldorf and provides legal services to experts in this field, helping many foreign investors who wish to set up companies in Germany.
Type of company established and required capital
In Germany, the most common type of company is GmbH (Gesellschaft mitbeschränkterHaftung), with more than one million instances. This type of company (equivalent to a limited liability company) has its own legal entity.
The establishment of a limited liability company in Germany is not limited to many shareholders. Can only be created by one shareholder. The board of directors must be real and fully capable.
The institution ’s capital must be at least 25,000 euros, and at least half of the budget must be deposited in a bank account when applying for transaction records.
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