Business Management

How to close down a GmbH or UG   Initiation of dissolution proceedings Liquidation (winding up) Removal from the commercial register   If you want to dissolve your UG or GmbH (limited liability company) in Germany, you must officially start the liquidation (winding up) process. Only after the company has been wound up can the …

Contents When life gets in the way of business Permanent closure vs. taking a hiatus Liquidation vs. dissolution Winding up a Gewerbetreibender or Freiberufler business Tax advantages of selling a business  Avoiding tax pitfalls Want to know more?  Introduction There are many reasons for closing down a business: You can’t find a suitable successor, you …

Contents What is a loan agreement according to German law? Kredit (credit) vs. Darlehen (loan) What should be in a loan agreement? Maximum loan amount Acknowledgement of debt, guarantees & transfer of ownership What is a loan-in-kind contract? Loan agreement sample Would you like to know more?  What is a loan agreement according to German …

Table of Contents What is the Rundfunkbeitrag? General Obligation Broadcasting Fee for Businesses  How to Calculate Your Broadcasting Fee Self-Employed with a Home Office Private and Commercial Vehicles Exemptions Rented Business Address Tax deduction Deregistration Examples   Conclusion Summary: What is the Rundfunkbeitrag in Germany? The German broadcasting fee (Rundfunkbeitrag) is a mandatory public service fee …

Contents AGB: What are GT&Cs in Germany?   Are GT&Cs mandatory? What should GT&Cs contain? What to watch out for Troubleshooting for GT&Cs Are template GT&Cs legally sound? When are GT&Cs not valid?   AGB: Understanding GT&Cs in Germany Allgemeine Geschäftsbedingungen, or AGB for short, are what are called general terms and conditions (GT&Cs) in English. …

Contents Business number for employers Employee documentation Draw up an employment contract Register employees Social security Accident insurance Tax office Health department   1. Betriebsnummer: Apply for an employer business number Before hiring your first employee, you need to get a Betriebsnummer (business number) from the Bundesagentur für Arbeit (federal employment agency). This number is …