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Forms of Doing Business in Germany Flashcards | StudBud

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Forms of Doing Business in Germany

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Questions 8

Answers

1
Which of these is NOT a focus of EU entrepreneurship support programs?
Easier access to finance (grants, loans, equity)
Helping businesses go public on the stock market
Scaling across EU borders
Tech, green, and social innovation
2
What is one reason Germany is good for starting a business?
It’s GERMANY!
It’s in the center of Europe
It's easiest in whole Europe
It has free Wi-Fi everywhere
3
What can businesses in Germany do easily because of the EU?
They can avoid paying VAT in Germany
They are exempt from German business laws when selling abroad
Hire American workers
Trade across European countries
4
What is one EU program for student entrepreneurs?
Erasmus for Young Entrepreneurs
New Horizons
European Startup Council
Google Startup School
5
Why is Germany considered a gateway to the EU market?
It has the oldest startup ecosystem
It has the lowest taxes in Europe
It borders many EU countries and has strong logistics
It's a founding member of the EU
6
How much capital does a GmbH (private limited company) require?
€15 000
€25 000
€20 000
none of them
7
What is the most common legal form for business in Germany
GmbH (Gesellschaft mit beschränkter Haftung)
OHG (Offene Handelsgesellschaft)
UG (Unternehmergesellschaft)
AG (Aktiengesellschaft)
8
What does “EU” stand for?
Entrepreneur’s Union
European Union
Eastern Union
European University