Choice of legal form – a compass for start-ups

With the choice of legal form, founders set the course financially, fiscally and legally, but also personally: Who makes the decisions? Who is liable for mistakes and liabilities? What effect will the company have on investors and customers or when looking for employees and co-operation partners? How complex is the bookkeeping? And how much capital is required for the start-up? Young entrepreneurs should take their time and focus not only on the current situation, but also on the future development of the business model and the company.