Business Management

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Insurance for the self-employed in Germany: What do I need?

Summary Businesses in Germany face a range of risks, so it’s crucial to build a tailored insurance portfolio rather than rely on a one-size-fits-all solution. Key policies include the commercial public liability insurance 💬Betriebshaftpflichtversicherung, which covers third-party personal injury, property or financial damage and the professional indemnity insurance 💬 Berufshaftpflicht-/Vermögensschadenhaftpflicht-versicherung for service providers facing pure …

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Employment contract in Germany: How to draft contents and clauses

Summary An employment contract in Germany defines the legal relationship between employer and employee, ensuring clarity and compliance with German labour law. It must include details such as job description, working hours, salary, and termination conditions. Written contracts are strongly recommended, as oral agreements offer little protection. Including clauses on probation periods, confidentiality, and notice …

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Loan in Germany: Understanding the legal basics

Summary A loan agreement under German law involves the lender transferring money to the borrower, who becomes free to use it but must repay it later. Agreements should be in writing, outlining loan amount, term, repayment schedule, interest rate, default terms, and termination rights. Larger or formal contracts often include acknowledgement of debt or guarantees …

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How to find investors in Germany: Strategies for funding your company

Summary Finding investors in Germany requires a structured approach and a clear understanding of your company’s needs. Investor types include venture capitalists, business angels, crowdfunding participants, and even friends and family. Each offers specific benefits and risks, from professional expertise to emotional involvement. Once you’ve identified suitable investors, networking, events, and personal introductions become key. …

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Where can I check if a company name is taken in Germany?

Summary Choosing a company name in Germany requires ensuring it’s unique, compliant, and not already trademarked. Check business and trademark databases, and confirm domain availability before using it for branding or registration.  Contents Firmenname, Unternehmensbezeichnung or Geschäftsbezeichnung? The road map to a viable company name  Step 1: Choose a company name Step 2: Assess your …

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