News for hackers. Stuff that matters.
Re:How to Found a Company in Germany: 14 "Easy" Steps and Lo... by yau8edq12i on Sunday April 07, 2024 @01:30PM (#39962264)
> It's big enough to lock out many potential small business founders.

They can open an Einzelunternehmen (sole proprietorship) instead. You shouldn't (and cannot) go all the way to the complexities of a GmbH (LLC) if your company is that tiny.

> But also many ordinary inexperienced people can have that amount of money up front, yet still be deterred by the complexity of a 6 week long incorporation process as described in this article.

Back to my point then. If they're not ready to put up with okay-ish bureaucratic friction in the founding phase, they're not ready to open a company. Because if you think opening the company is hard, wait until payroll or tax season is upon you.

> I am generally suspicious of rhetoric like "you're a little well off, so we can heap arbitrary amounts of bullshit on you and you shouldn't complain".

You're completely mischaracterizing what I said. Don't do that.

Re:How to Found a Company in Germany: 14 "Easy" Steps and Lo... by _dain_ on Sunday April 07, 2024 @02:19PM (#39962603)
>They can open an Einzelunternehmen (sole proprietorship) instead.

Sole proprietorship doesn't have liability protection. That's not a small thing.

>You shouldn't (and cannot) go all the way to the complexities of a GmbH (LLC) if your company is that tiny.

"[Thing] is too complex, don't bother with it" is not an argument against making [thing] less complex. It's actually just a restatement of the problem!

Other countries make it easy to set up a limited company. UK, US, Singapore, they're all just a token fee and a handful of forms. I see no reason for Germany to make it so difficult as described in the article.

A lot of successful companies were started by broke college grads out of their dorms; they would never have gotten off the ground if they had to scrounge together the equivalent 25k euros before even getting started. Hell, I don't have a spare 25k lying around and I've been working full time for 4 years.

Re:How to Found a Company in Germany: 14 "Easy" Steps and Lo... by pantalaimon on Sunday April 07, 2024 @05:03PM (#39963900)
You can create a UG (haftungsbeschränkt) with all the lability protection of a GmbH with 1€ capital.
Re:How to Found a Company in Germany: 14 "Easy" Steps and Lo... by rad_gruchalski on Monday April 08, 2024 @06:21AM (#39968197)
Yes, but you need to keep one third of the profit in the company until you reach the €25k, then you convert to GmbH.
Re:How to Found a Company in Germany: 14 "Easy" Steps and Lo... by tainted_blood on Monday April 08, 2024 @08:29AM (#39969003)
i don't see a problem with that.
Re:How to Found a Company in Germany: 14 "Easy" Steps and Lo... by rad_gruchalski on Monday April 08, 2024 @08:54AM (#39969205)
I haven't said it's a problem but virtually everyone pointing at UG as a fix to GmbH Stammkapital fails to mention it.
Re:How to Found a Company in Germany: 14 "Easy" Steps and Lo... by data_maan on Monday April 08, 2024 @03:29AM (#39967134)
> If they're not ready to put up with okay-ish bureaucratic friction in the founding phase, they're not ready to open a company.

With this mentality, it's actually a miracle a German startup scene exists at all.

The _last thing_ a founder wants is to wade through useless bureaucracy when there's a product to push and Vacs to talk to.

But Germany never really was a founder's country, and much more ruled by big conglomerates it seems or small family business who did non-innovative things (the bakery at the corner - necessary&nice, but not innovative), than startup culture.