The Joint Stock Company in Germany
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The Joint Stock Company in Germany A presentation brought to you by LawyersGermany.com 1
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Transcript of The Joint Stock Company in Germany
The Joint Stock Company in Germany
A presentation brought to youby LawyersGermany.com
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The German Joint Stock Company >>
• Germany has a vast legislation on the registration and management of companies.
• The joint stock company (Aktiengesellschaft, AG) falls under the specific regulations of the German Stock Corporation Act (AktG).
• The regulation provides a comprehensive framework for the registration of such companies, its management, as well as on the rights and obligations of the shareholders.
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>> The German Joint Stock Company
• The German joint stock company is also regulated by other important regulations.
• Such companies must respect the provisions of the German Civil Code and the Insolvency Code.
• In the situation in which a joint stock company must be liquidated, it must follow the regulations applicable under the German Insolvency Code.
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Open a German Joint Stock Company >>
• German joint stock corporations may be registered by one person or legal entity .
• A joint stock company in Germany has as a main statutory document the articles of association.
• The German AG’s management system is comprised of two main entities:
the management board;
the supervisory board.
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>> Open a German Joint Stock Company
• The management board will manage the German AG’s day-to-day activities.
• The supervisory board will monitor the management board’s activities.
• The shareholders of the German company will exercise their powers during the annual general meeting or other extraordinary meetings.
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Requirements for Opening a Joint Stock Company
• In terms of capital, the joint stock company must have a minimum share capital of 50,000 euros.
• The capital must be deposited during the incorporation procedures.
• The German joint stock company’s name must contain the words Aktiengesellschaft or the abbreviation AG.
• The name must be registered with the German Commercial Register.
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Joint Stock Company – Accounting >>• Our team of lawyers in Germany can
assist investors with legal assistance on the accounting procedures applicable for a joint stock company.
• The company must register for taxation purposes.
• The management board is required to maintain the accounts.
• It also has the obligation of preparing the annual accounts, as well as the annual balance sheet.
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>> Joint Stock Company – Accounting • The management board has the
responsibility of preparing other relevant accounting documents, such as:
the profit and loss statements;
notes on the bookkeeping.
• Further on, such documents will be verified by the company’s supervisory board.
• Our team of attorneys in Germany can offer advice in this sense.
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Joint Stock Company – Taxation• In terms of taxation, the joint stock
company is liable to paying the taxes prescribed for other commercial companies.
• In this sense, we mention the following:
the corporate tax;
the dividend tax;
the trade tax.
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Business Consultancy in Germany
• When investing in Germany, the investors will need to find a suitable location for their company.
• Our German lawyers can assist investors in this matter, as well as in other legal aspects, such as signing a contract with another company.
• Please contact our law firm in Germany for in-depth information on our legal services.
Thank you for your attention!
• For more information please contact us at:
(+44)203-287 0408 (for international clients)
www.lawyersgermany.com 11
