Purchase of a company in Germany

Registering a new legal entity in Germany typically takes up to 3 months, involving meetings with a notary and visits to government agencies. However, this process can be expedited by purchasing an existing company, reducing the registration time significantly.

Buying a company in Germany offers several advantages, including reduced tax burden, exemption from contributing authorized capital, and avoidance of mandatory government payments for newly registered entities. Additionally, acquiring an established business provides access to a trusted brand, potential clients, export opportunities, preferential insurance rates, and state subsidies.

Purchasing an existing company in Germany saves significant time, typically 3 weeks to 1.5 months, excluding the time needed for other organizational tasks. It eliminates the need for processes like obtaining a registration number, opening a bank account, and depositing capital, thereby streamlining the business setup process.

The buyer needs to provide documents such as information about future managers, proof of identity, details about the buyer as a legal entity (including activities and address), and a power of attorney if the buyer or their representatives cannot attend the transaction registration with a notary

After purchasing an existing company in Germany, re-registration involves selecting the payment method, scheduling a meeting with a notary for registration, and completing standard steps such as obtaining a business permit from the Fire Department and registering for a tax number if necessary.

Before buying a ready-made company in Germany, buyers should assess factors such as the firm’s profitability, reputation, and the reason for sale. Conducting a financial assessment and understanding the company’s credit history can help identify strengths and weaknesses.

Yes, after purchasing a company in Germany, the new owner can make changes such as altering the official address, rebranding, or changing the form of entrepreneurship to suit their business goals and preferences.

Purchasing a company with a positive reputation in Germany provides assurance of a promising business venture. An established reputation can attract customers, partners, and investors, facilitating business growth and success.

After purchasing a ready-made company in Germany, buyers may need to complete additional steps such as obtaining necessary permits or registrations from authorities like the Fire Department and tax authorities, depending on the specific requirements of the business.

To ensure a smooth transaction when purchasing a company in Germany, buyers should seek professional assistance from legal and financial experts familiar with local regulations. Thorough due diligence, clear communication, and proper documentation can help avoid complications and ensure a successful acquisition process.