In what amount and how can the capital be raised to set up a company?
Mit dem Jahresabschluss wird die Buchführung eines jeden Geschäftsjahres abgeschlossen. Der Jahresabschluss hat große Relevanz, unter anderem, weil er die gesamtwirtschaftliche Situation eines Unternehmens repräsentiert. Ein Jahresabschluss kann jedoch auch nichtig sein. Wir von der Steuerkanzlei Martin Bleckmann in Köln erklären Ihnen, ab wann das der Fall ist und welche rechtlichen Folgen ein nichtiger Jahresabschluss mit sich bringt.
What are common methods of raising capital?
Raising capital to set up a company is subject to classic and modern forms of financing. Each company can consider the right solution for their own purposes. Important initial investments are necessary, especially when setting up a company, although financing continues to take effect and capital raising is necessary for modernization and costs.
Classic methods of raising capital include bank credit and debt financing. A rough differentiation concerns equity and debt financing and Internal and external financing. Capital can therefore be raised using the following methods:
- Financing from sales processes
- Financing with equity
- Internal financing
- Financing from other divestments
- external financing
What are the advantages and disadvantages of internal and external financing?
Internal financing comprises all methods of internal capital raising. It is irrelevant whether the capital comes from equity and external financing. All financial resources are financed and generated internally and from within the company. Accordingly, this includes self-financing, depreciation returns and the creation of provisions.
Self-financing provides a good overview of the money available and at the same time provides more independence. No repayments are required. The profits are retained and formed in the form of open or silent self-financing. The disadvantage is that the financial resources depend on the success of the company and that this also determines the amount of available capital.
When it comes to external financing, financial resources from outside, which is why it is also known as market financing. It includes the type of creditor provision as equity or debt capital.
Equity is about a Equity financing, in the case of borrowed capital by a Loan financing. The rapid and high availability of funds is an advantage. In the case of equity and equity financing, equity also serves as liability and guarantee. The disadvantage of this method is that it is the most expensive form of corporate financing.
External financing allows many options. It can be carried out by creditors, shareholders or banks. Taking out loans and loans is a popular method because lenders do not, like shareholders, shareholders Become or a Acquiring a say in the company. To do this, interest and principal payments must be made on the actual sum. A company must also prove that it is solvent. Let our law firm Martin Bleckmann advise you in more detail on which methods are profitable for your company.
Is there a minimum amount to start a business?
The cost of starting a business depends on the type of business. There is no minimum amount or start-up capital for small businesses and the self-employed. For a GmbH, a minimum capital of 25,000 euros is always required in order to be able to implement the start-up at all. There are also notary fees and costs for registration in the commercial register. Alternatively, there is the establishment of a corporate company. No start-up capital is required here.
The most expensive form of starting a business is joint-stock company. The minimum amount of starting capital here is 50,000 euros. In addition, there are notary fees, which are also higher than those of the GmbH and are absolutely necessary.
Roughly what costs should you plan for a start-up?
When setting up a company, typical costs should be planned, which are Start-up capital relate, which varies depending on the type of company, accompanying costs include and other costs relating to individual areas, such as brand protection, renting offices and buildings, and advertising.
In addition to the start-up capital for the GmbH of 25,000 euros, there are further costs of up to 1,000 euros. The notary fees for the public limited company amount to 2,500 euros. Accompanying costs relate to Registering a business, which occur by self-employed people, small companies, limited liability companies and joint stock companies. This costs approximately between 15 and 50 euros. Certain freelancers and special forms of sole proprietorship do not require a business registration, meaning that the costs are eliminated.
Further costs arise with an entry in the commercial register. These are not only to be seen as a one-off amount, but are paid annually. The amount depends on the respective economic performance of the company.
Accompanying costs are also caused by the necessary insurance policies that must be taken out to set up a company, such as business liability, business content and corporate legal protection insurance. If you have any further questions, please contact Martin Beckmann. We're happy to help.
