The most commonly used legal model by international businesses in Germany is a GmbH or the Gesellschaft mitbeschränkterHaftung, which is basically a limited liability partnership. The reason why this structure is popular is because the liability of the members is only limited to the amount of capital that they invest in the partnership while forming a company in Germany.
Setting up a GmbH in Germany is not easy. It involves several time consuming tedious tasks. You have to take care of registrations to the tax and other social security rules, apply for employer number, etc. As an employer you will also have to hire staff and get them registered for social as well as health insurance. There has to be a dedicated tax number and register.
It can take up to six weeks or more to register the company and set up bank accounts. It is not mandatory to pay your employees from a bank account in German. However, it is good to have one account where the Government can issue reimbursements. Nevertheless, you need to set up payroll for your employees. It is always easier to outsource your payroll services to International Payroll Services. We can help you with deciding time, place, kinds of payment, pay slip, etc.
We can also help you determine the right time for forming a GmbH in Germany and when you can start employing fully without a full set up. In whichever local country of your choice, we can register your business as an international employer. Meanwhile we can handle all your compliance requirements, paperwork, etc. while keeping your updated. Our HR team can also work with your local HR team and provide you insight and advice when you hire internationally. While you do the hiring we make sure that your complying with local labour laws.
We have years of international experience and local knowledge to ensure that all your initiatives and practices are in accordance to the local laws, market practices and regulations.Additionally, all your important data will be management and reported by us. This data will be safely stored in a central location. This makes sure that you do not have to work with different systems and that everything can be accessed easily in one place.
We are also available 24/7 to give you advice and assistance. We are active on all social media platforms, making it easier to contact us and clear your questions. Our expert advice can be easily accessed. Other than payroll services we also advise our clients on HR, legal, tax, etc.
All our advises will be tailor made for you. We firstly assess and understand your business and your needs and then find out the best possible solution that can benefit you both in short term and long term.
Our dedicated team of experts have helped several businesses to expand into different countries with the help of our great knowledge in legislations of different countries and with best possible ways to implement our payroll solutions across the world.
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