learn about setting up a business in Germany
Setting up a business can be quite a complicated task. Individuals must be familiar with Germany’s five form companies, as well as legal requirements, the registration process and how much tax they need to pay.
how much tax you have to pay as an employer
Germany is the 8th safest tax country in the world. There are many direct and indirect taxes in Germany and an individual wishing to start up their own business must be familiar with the most significant ones.
what you should know about the German business culture
Germans are known as the masters of planning. Their serious outlook on business makes them a proud, strong, individualistic nation and their business etiquette must be followed and respected.
do’s and don’ts of self-employment
The first thing you have to do if you are moving to Germany with the intention of being self-employed is to apply for a residence permit. The permit will only be valid for a certain period of time with an option of renewal.
how much do you have to pay as a self-employed individual?
If you have lived in Germany for more than 6 months in a 2 year period you are required to pay tax on your worldwide income and German property. Individuals living in Germany for less than 6 months are not considered as tax residents and are only obliged to pay tax on the income earned in the country. You should also check you never pay tax twice on the same income received from other EU countries.