Choosing the right German legal form is key to successful operations and overall growth for your business in Germany!
Managers determine the identity of any company. Get for a good manager your company that will carry out brilliantly all responsibilities!
Gearing up or reducing red-tape is a complex, diverse and pluralistic process. We help to staying compliant in Germany!
Starting companies in Germany often find it very difficult at the beginning of their market entry initiative to evaluate the legal form that is supporting their business growth objectives in Germany. This is typically because entering companies in Germany fail to consider one or many of the following business levers:
The right German legal form needs to be chosen to support the specific business objectives of an individual expanding business. Aligning the defined business model, supported by the right legal form, will drive a successful executed market entry strategy. Consultinghouse’s management consultants will help companies to evaluate the right legal form.
It is a significant challenge identifying customers want and tailoring your marketing around the challenge. The process of registering may look tedious and rigorous when faced with smaller problems like over planning, depending on clients and serving customers better. When you over plan, there is tendency you provide limited time for execution. However, keeping customer’s data base, bad decision making and fear of competition are larger challenges. The best way to gain potential new customers and avoid negative judgment is to make a practical effort to foster a positive culture.
To define a business plan that supports your long-term business objectives as well as is generally accepted by German banks and thorities might be first first challenge for expanding companies to master. Also, deciding which business type is best for your business aims and goals may be another obstacle. Appointing the best directors members or managers may also look simple at the surface but it requires strategic selection.
Consultinghouse works closely together with exapnding companies to evaluate the right German legal form that supports the long-term objective of the new business to be developed in Germany. We will help expanding companies to successfully incorporate a new legal entity in Germany.
Whether you are importing or exporting, you need to understand what paper work is required! Missing or inaccurate documents can increase risks, lead to delays and extra costs, or even prevent the completion of an important deal. Most companies do not understand what should be in their contracts and what paperwork needed for customs, transport and payment.
To comply with German laws, it is mandatory to have a VAT number for financial trading. Consultinghouse helps expanding companies to open corporate bank accounts in Germany, as well as is making sure that registered companies will stay compliant with local rules and regulations.
The first employee of an incorporated business in Germany will always be the managing director. We know this, as this is of course mandatory and required by the Germany statutory law. But how should an employment contract be designed to really support the interest of both, the company as well as the managing director. It gets even more interesting when the managing director joins the incorporated company actually from a foreign country, maybe even a country that is not part of the European Union.
Counselhouse will guide you on how to apply for work permits as weill as how to design and implement an employment contract for your management directors. Keep in mind that Counselhouse’s legal services are not purely focusing on the initial incorporation stage of your new company but also to provide legal advice in the moment when new legal-specific challenges arise.
