Capital:
BerlinForm of government:
Federal Parliamentary RepublicArea:
357 021 km2Population:
82 millionCurrency:
Euro (EUR)Germany
The Federal Republic of Germany is one of the most developed countries in Central Europe and throughout the world. The country is a member of such influential organizations as the EU, NATO, G-8 and claims to be a permanent member of the UN Security Council.
Germany currently ranks tenth in the world in terms of living standards in terms of its Human Development Index.
The geographical position of the Federal Republic of Germany contributes to a large extent to the strong financial and economic position of the state. At the same time, the peculiarities of the German mentality are no less powerful engine for the constant strengthening of the country's position. Opening a company in Germany has the following important advantages:
Advantages of a company in Germany
- Maximum reliability and security provided by the stability of the political situation in the country.
- High authority of the state, contributing to the prestige of the company registered in it.
- Lack of currency control and reliability of local banks.
- Possibility of opening a non-resident and/or holding company.
- The relevance of effective asset ownership schemes.
Confidentiality
German law allows the use of nominee directors and shareholders. Therefore, with this approach to doing business, the real owner of the company will not be established. Thus, it can be argued that opening a company in Germany will provide you with maximum privacy.
Annual reporting and audit
Like most other European countries, Germany requires mandatory accounting and annual tax returns.
Corporate law of Germany
Limited Liability Companies Act
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Foreign Trade and Payments Ordinanc
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The Fiscal Code of Germany
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GmbHG
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