Thats nonsense unless you ran around like an unwashed pleb (since you lost your luggage), people there are generally well educated and just about everyone speaks some english and are friendly. I suggest to make another trip to Munich and Berlin and surprise yourself.
Got the same problem, applied for a german corporate account and submitted all neccesary documents. On the site it says only that my account has been submitted for approval, but any inquiries I sent are not being answered yet.
It also says if the account gets funded the approval will be...
The initial costs of creating a Mini-GmbH are
There are no minimum capital requirements, its just a matter of how much trading youre doing. If you have sizable profits and losses then this is the best way to do it. After all, you cant beat a tax rate of 1.5% on NET profits since losses can be...
To create a legal entity, such as a LLC, in Germany is a no brainer and costs almost nothing. Trading profits are taxfree and only 5% are added to taxable income, making the actual tax about 1.5%(!).
While losses can be offset against profits they cannot be carried forward. So if your losses...
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