| I incorporated in German as well and while I studied all of the procedure and book keeping in school, it was still extremely scary and I would never ever do it again without an accountant. I want to emphasize on the "less than 2000 Euro" part. There is a good amount of people who literally start with 1 euro, pay the notary and have to file bankruptcy because the 1 euro can't cover the notary fee. Bank accounts are tricky as well. Only some banks allow accounts for companies and they usually cost a lot more than normal ones. Internet banks recently changed that so definitely go with something like Fidor. (Again, careful that the bank account fee doesn't get your company bankrupt) Then papers papers and papers. Don't attempt to file the entire stuff by yourself unless you are 100% sure you know what you're doing. Even tax exemptions for smaller businesses you have to explicitly pick on the first documents otherwise you will be treated as a normal company. I forgot to file some and almost got fined thousands of euros. Then be aware of scammers. The register is public so a lot of companies just send mass scary letters to everyone that look like they come from the government. Once you sign one (which naive me did) you have to get a lawyer. You will almost always win against them but still need to pay the lawyer. Lastly if you completely screw up, you can apply for "deletion" of your company if you have no money debt to any entity and your company is officially without money (a balance around 0 euro, but not under since this means you have to file for bankruptcy). This skips the long and tedious liquidation process and gets rid of the company immediately once the court confirms it. |