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Why Do the Majority of German Businesses Prefer to Structure Their Companies as GmbH Instead of AG ?

The majority of German businesses prefer to structure their companies as GmbH rather than AG. In this article, we will explore why German businesses generally opt for GmbH, focusing on the key differences between GmbH and AG.

The German VAT Number for Foreign Companies: A Simple Guide

In Germany, the Value Added Tax Identification Number (VAT Number) is a crucial component of international business transactions.

What is an Audit Report?

An audit report is a document that contains essential information about your financial evaluation and serves as evidence of your financial status.

Preparation of a business plan

A business plan is a detailed written document outlining the essential aspects of a business concept. This includes information about the company's purpose, the products or services offered, the relevant markets, as well as the goals and strategies of the business.

Liability of the Managing Director in the Event of an Insolvency

If a limited liability company is unable to obtain sufficient funds within three weeks to meet due debts, it is considered to be insolvent.

Essential Information in the Articles of Association of a GmbH in Germany

Establishing a Gesellschaft mit beschränkter Haftung (GmbH) in Germany requires a carefully crafted Articles of Association. In this post, we would like to present the essential information that must be included in the Articles of Association of a GmbH to define the legal foundation and organization of the company.‍

Formation of a limited liability company (GmbH) in Germany

We have summarized the establishment of a limited liability company (GmbH) in Germany, the types of taxes that need to be paid, and the associated costs.