Establishing A GmbH Made (Too) Easy?

As a result of the Deregulation Act of 2017, changes were introduced in various federal laws to relieve companies and increase administrative efficiency. One result of this "deregulation" is a new and easier way to establish a limited liability company (GmbH), although its expediency is doubtful.

As of 1 January 2018, there is a "simplified" way to found single-person GmbHs, which is intended to save time and cut costs. In fact, the founder of a GmbH can skip the visit to a notary public. Instead, the founder can submit the declaration of incorporation and application for the company register online via the company service portal (USP) and transmit them to the commercial court. A citizen card is required for the identification.