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A comment on How to Found a Company in Germany: 14 "Easy" Steps and Lots of Pain. Parent comment

Re:How to Found a Company in Germany: 14 "Easy" Steps and Lo... by tdullien on Sunday April 07, 2024 @02:00PM (#39962463)
A GmbH is not like an LLC, it's more like a Delaware C-Corp. People forget this all the time.
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Re:How to Found a Company in Germany: 14 "Easy" Steps and Lo... by ufocia on Sunday April 07, 2024 @06:36PM (#39964567)
Why Delaware?
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Re:How to Found a Company in Germany: 14 "Easy" Steps and Lo... by novaRom on Monday April 08, 2024 @04:44AM (#39967580)
Delaware is a popular state for incorporation in the United States due to its favorable corporate laws and established legal precedents. A C-Corporation (C-Corp) is a type of business structure that is a separate legal entity from its owners (shareholders). Shareholders have limited liability, and the corporation itself pays taxes on its profits. This is different from an LLC, where the owners report the profits and losses on their individual tax returns.
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