Do I need a local advisor to set up a company in Germany? [Reddit]

Answer

We recommend working with a local advisor because each country's accounting and tax rules have nuances that are worth understanding in depth and that can only be mastered from the inside. An expert in the jurisdiction prevents mistakes that later prove costly to correct and that can leave your assets poorly protected. Distance or unfamiliarity with a regime without a manager are the source of many problems that arise even in already established companies. Having someone who knows exactly what to do and when to do it is what makes the difference between a healthy structure and one that deteriorates. Filnet puts at your disposal local Spanish-speaking advisors who are experts in asset structures, who assess your specific case and help you set up and maintain a legal and stable structure. This way your assets remain protected, with the ongoing management of your assets under control and without you having to deal with every formality. Doing it in Germany has a setup cost from , a timeframe of 6-14 weeks and a corporate tax of IS 30-33%.