FAQ
Answers and practical guidance for doing business in Germany.
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Which details belong to a correct and complete German invoice?
Read answer: Which details belong to a correct and complete German invoice?The tax office has no pardon for sales tax: incomplete invoice information and other violations of the formal requirements endanger the input tax deduction.
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Why do I need a German BG-number to run my monthly payroll in Germany?
Read answer: Why do I need a German BG-number to run my monthly payroll in Germany?The VBG is one of the large professional associations in Germany. As the statutory accident insurance provider, it offers security to over 1.2 million member companies from over…
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Why do I need a German GTS number to run my monthly payroll in Germany?
Read answer: Why do I need a German GTS number to run my monthly payroll in Germany?The hazard tariff ensures a fair distribution of the burdens according to hazard risks. For this purpose, companies with a similar risk are grouped into hazard communities and…
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Why is it important for German companies to publish a Year End report?
Read answer: Why is it important for German companies to publish a Year End report?The business report is an important document for companies and can have legal consequences. It contains information about the company’s assets, liabilities, equity, financial performance and cash flows…
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Working in Germany as a self-employed consultant. Reverse Charge
Read answer: Working in Germany as a self-employed consultant. Reverse ChargeDo I need to pay VAT when working as a freelancer in Germany and invoice my agency that sits in another EU-country?
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How can I access the financial information of my German company whenever I need to?
Read answer: How can I access the financial information of my German company whenever I need to?Whether for group consolidation or as a preparation for the next board meeting. Multinational companies have the need to access the relevant financial information of their German company…
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What is useful vocabulary when doing business in Germany`
Read answer: What is useful vocabulary when doing business in Germany`Before you get started, here are a few terms you must understand:
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What numbers are required to run my monthly payroll in Germany?
Read answer: What numbers are required to run my monthly payroll in Germany?To fulfill your duties as an employer, you need three numbers that enable communication with three institutions: the tax number for the tax office, the company number for…