Company Information on the Internet

Good news for all of you, who need information on a corporation. The Commercial Registry is going online. Latest with January 1, 2007, all company details are to be available online at the web-address www.Unternehmensregister.de or www.Handelsregister.de

What is subject to disclosure? Some vital information: share-holders, managing directors, Prokuristen (certain agents having a position similar to a managing director), corporation’s stock, any rises or reductions in stock, annual statement of accounts.

Who is subject to disclosure? All commercial corporations, i.e.: GmbH, AG, Partnership corporations (Partnerschaftsgesellschaften), (limited private partnerships) Kommanditgesellschaften and UG. If you are wondering if you have to do anything about your home corporation, then rest assured, there is nothing for you to do unless you have a subsidy registered in Germany. If you have a subsidy here then it will be treated as any other German corporation.

However, disclosure of company’s annual statement of accounts will not to be done with county courts anymore but then with electronic Federal Gazette (Bundesanzeiger). This gazette is to be channeled more and more into a commercial publication organ. The online access will be subject to prior registration – free of cost. The information is provided for minor fees.