I have recently incorporated a UG in Germany, and the process was extremely slow. If you end up going down that route, let me know, as I can show you what not to do. If I were to do it again I would look into incorporating in Ireland - the process is a lot quicker and you don't have to be resident there. But for me I live in Germany and most of my members live in Germany as well, which means the German tax authorities would probably want to tax me there. So for me it was probably still the right option, despite the difficulties.
I will be in Germany temporarily(1-2 years) doing a full-time job. I think incorporating it in Singapore or India (my home country) would be a better option, I think. I am worried about any tax problems in Germany for my side project though.
Right. It might be worth speaking to a Steuerberater (tax-advisor) for advice. I can recommend an English speaking one I used. I paid him €100 for 1 hour and prepared a lot of questions beforehand, so it was definitely worth it.
I have recently incorporated a UG in Germany, and the process was extremely slow. If you end up going down that route, let me know, as I can show you what not to do. If I were to do it again I would look into incorporating in Ireland - the process is a lot quicker and you don't have to be resident there. But for me I live in Germany and most of my members live in Germany as well, which means the German tax authorities would probably want to tax me there. So for me it was probably still the right option, despite the difficulties.
I will be in Germany temporarily(1-2 years) doing a full-time job. I think incorporating it in Singapore or India (my home country) would be a better option, I think. I am worried about any tax problems in Germany for my side project though.
Right. It might be worth speaking to a Steuerberater (tax-advisor) for advice. I can recommend an English speaking one I used. I paid him €100 for 1 hour and prepared a lot of questions beforehand, so it was definitely worth it.