Commonly Asked Questions About Setting Up A GmbH In Germany
GmBH is one of the most popular business setups used by both local and foreign investors in Germany. It is the equivalent of a limited liability company setup used in other parts of the world. Even though the process of setting up a company in Germany is relatively easy, there are various queries and doubts that investors might have about the process. The most common of these questions and their answers are discussed in brief as follows. What Is GmBH? A GmBH is the most widespread business structure and is a company with limited liability. The company can be as big or as small as the investors want it to be and can be run by a single individual without any support staff. At the same time, a GmBH can also take the form of a massive conglomerate, although it cannot trade publicly. How Is GmBH Incorporated In Germany? For setting up GmBH in Germany, the founders need to draw up and then notarize the articles of association as well as the formation deed for the company....