I'm currently in the process of moving my business (one-man show, incorporated LLC doing IT/SW Eng.) out of Germany. The amount of bureaucracy running even the smallest of companies with no office at all (work out of home) is hilarious.
So much you need to get an accountant/tax advisor, but even then they will pass-through a lot of the bureaucracy. I need to put down excel sheets for every day of a business trip I do, mark whether its been longer or shorter than 8 hours, arrival/leave day etc. And double pay attention that the hotel you stayed didn't include breakfast, or at least had it separate on the invoice. If getting a company car, you are in for some real tax hell.
On top of that, the accountant charges ~5.000€/year for this single-person business (personal income tax declaration included). And no, it is not just an expensive accountant, as in Germany accountant prices are regulated just as lawyer fees are (they can max. give you 20% discount). Meanwhile, when I talk to my friends in Spain they pay less than 1.000€/year for accounting for an LLC (S.L.) with not even close the bureaucracy. And bear in mind, I'm german and speak the language, but even I struggle to keep up with all tax- and business regulations. On top of that, we have the highest tax load and social insurance is also amongst the top price ranges, while waiting months for a doctors appointment.
So much you need to get an accountant/tax advisor, but even then they will pass-through a lot of the bureaucracy. I need to put down excel sheets for every day of a business trip I do, mark whether its been longer or shorter than 8 hours, arrival/leave day etc. And double pay attention that the hotel you stayed didn't include breakfast, or at least had it separate on the invoice. If getting a company car, you are in for some real tax hell.
On top of that, the accountant charges ~5.000€/year for this single-person business (personal income tax declaration included). And no, it is not just an expensive accountant, as in Germany accountant prices are regulated just as lawyer fees are (they can max. give you 20% discount). Meanwhile, when I talk to my friends in Spain they pay less than 1.000€/year for accounting for an LLC (S.L.) with not even close the bureaucracy. And bear in mind, I'm german and speak the language, but even I struggle to keep up with all tax- and business regulations. On top of that, we have the highest tax load and social insurance is also amongst the top price ranges, while waiting months for a doctors appointment.