Real Reddit question

Is there any difference between opening in Germany as a sole trader or setting up a limited company? [Reddit]

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Answer

Yes, there is a difference, and it is an important decision that you should not make on a whim or based on what you have read out there. The Filnet advisor analyses your case and explains the practical difference in Germany: liability, taxes and procedures for each option. They recommend the structure that fits your size, your activity and your future plans. That way you choose with judgement and not because one option sounded better in theory. Moreover, you understand before deciding what each one involves for your day-to-day. That clear contrast is what prevents you from setting up the wrong structure that is then costly to undo.

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Incorporating a company abroad🇩🇪 AlemaniaReddit question

🇩🇪 Incorporate a company in Alemania

Minimum capital

€25,000 (€13,999 at the start)

Timeline

6-14 semanas

Corporation tax

IS 30-33%

Legal form

GmbH

No commitment · Local advisor in English

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