4.1 Decision for a type of enterprise

• For doing Bizz in Germany you would have to make the decision for the type of enterprise you want to build up in Germany.
  
  Normally this will be just a representative office at the first step and the legal situation won't be difficult.
  
  For completeness here you'll find a list of types of enterprises existing in Germany:
  
  
  • Representative Office
  • Parent Company
  • Branch Office
  • Sole Proprietorship
  • GmbH: Limited to share Capital
  • GbR: non-trading Partnership
  • OHG: Personal unlimited Liability of all partners
  • KG: Limited Partner: liability limited to shares;
    general Partner: personal unlimited liability
  • GmbH & Co. KG: Limited Partner: liability limited to shares;
  • General Partner: GmbH limited to its own capital
  • (small) AG: Limited to share capital
  • Trust
  
  If you choose one of the more difficult types of enterprises you should contact a notary, he will prepare the Articles of Association with you. This costs appr. 450 Euro. The Articles of Association contain information about
  
  
  • Corporates Seat
  • Entity
  • Nature of business
  • Share capital (min. 25,000 Euro)
  • Shareholder structure (min. 100 Euro per share)