Registration for the entry in the commercial register can be made online.
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If a commercial business is carried out at a company, the law generally provides for registration in the commercial register. This directory is open to the public and contains legal and economic information about the company. Small-scale applicants do not have to register, self-employed freelancers may also be exempt from the obligation.
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But there are good reasons for the entry. The registration in the commercial register is checked by an independent body for correctness and up-to-dateness, which makes it easier for registered companies to maintain business relations. For example, banks often attach great importance to the register entry in order to secure themselves legally. In the case of a legal dispute, merchants may appear as plaintiffs or defendants under the name of the undertaking.
But the company also has advantages through the commercial register: the entry is at least a little way ahead of the use of the name by competitors and allows the granting of powers of attorney as well as the creation of branches, just to name a few examples Br>
It is important to examine exactly which regulations are applicable to one's own company, since violations can lead to the imposition of a compulsory payment. If a commercial business is no longer necessary due to a decline in business, the company is entered into the wrong position and is considered a full buyer. The consequence is a changed accounting obligation.
If, on the other hand, the company is expanding and entering into a commercial business but is not registered, this is also not the case.
Detailed information on the benefits and obligations arising from the entry in the commercial register can be found here.
The data from the Federal Commercial Registry can be found at www.handelsregister.de. They also provided sample documents illustrating the scope of the information of the entry.
The site www.registerbekanntmachungen.de makes new entries, changes and deletions public.
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