News for hackers. Stuff that matters.

A comment on Just how complicated could it be to register a German company?.

Re:Just how complicated could it be to register a German com... by callamdelaney on Monday November 14, 2022 @05:50AM (#33592354)
25,000euros to just register a company? That's hilariously stupid.
[ Parent | on HN ]
Re:Just how complicated could it be to register a German com... by SuperSandro2000 on Monday November 14, 2022 @05:53AM (#33592380)
It's only for a GmbH and the minimum liability. You can also found a UG but then your private money is on risk.
[ Parent | on HN ]
Re:Just how complicated could it be to register a German com... by zcombynator on Monday November 14, 2022 @05:51AM (#33592364)
That's the minimum deposit. You keep the money 100%, and can then start investing it.

It serves as basic legitimacy.

[ Parent | on HN ]
Re:Just how complicated could it be to register a German com... by Ekaros on Monday November 14, 2022 @05:54AM (#33592387)
As operating capital. Doesn't seem too unreasonable for most industries. Maybe it is high for consulting and software. But with anything you need to buy inventory, machinery, rent space and so on. It makes perfect sense to demand.
[ Parent | on HN ]