Rules and regulations: What do you need to know before entering the market?

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udoy
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Joined: Sun Dec 22, 2024 3:31 am

Rules and regulations: What do you need to know before entering the market?

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Before entering the German market, Polish entrepreneurs must pay attention to compliance with a number of formal requirements, EU regulations and country-specific provisions. The basic element is the implementation of sales within the framework of an intra-community supply of goods ( WDT ). This requires entrepreneurs to register as EU VAT taxpayers and country code philippines mobile meet the conditions for benefiting from the preferential 0% VAT rate. It is important to have a valid buyer identification number and appropriate sales documentation . In addition, goods exported to Germany must comply with the following local rules and regulations and their proper labelling is ensured by the German Institute for Quality Assurance and Labelling. Registration of products in the German central packaging register is also necessary, which entails paying additional fees and finding business partners for packaging recycling. Failure to register goods can lead to a severe fine of up to 200,000 euros.


How to start a successful business in Germany?

First of all, it is worth noting that Polish entrepreneurs can conduct online trading in Germany using a company registered in Poland . This is facilitated by voluntary registration in the OSS VAT regime, designed for companies with annual sales exceeding 10,000 euros.

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It is worth considering setting up a Germany GmbH, the equivalent of a limited liability company. This can bring additional benefits, including increased consumer confidence among German consumers . The process of setting up a GmbH involves several steps, starting with creating the articles of association, visiting a notary, paying the share capital and registering with the relevant authorities, such as: Handelsregister (Commercial Register), Gewerbeamt (Office for Economic Activities), Finanzamt (Tax Office) and IHK (Chamber of Industry and Commerce). It is important to note the need to comply with various legal requirements, including providing company identification data and obtaining the relevant permits and certificates. These include registration with the Commercial Register, registering the company with the Office for Economic Activities, obtaining a VAT number with the Tax Office and membership in the Chamber of Commerce and Industry. For entrepreneurs from other countries who wish to work on their own, it may be necessary to obtain a self-employed visa
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