Checklist: small business as a minor step by step
In short: The order: idea and plan, convince parents, application to the family court, wait for approval, register the business, inform the tax office, clarify insurance and account, start bookkeeping.
In more detail: This checklist summarises the most important steps. Each step is explained in its own article.
In detail
- Idea and business plan, see Business plan for small founders.
- Parents’ consent, see Parental consent (§ 107 BGB).
- Application to the family court, see Application to the family court: structure and content.
- Approval and authorisation under § 112 BGB, see Authorisation under § 112 BGB.
- Business registration, see Registering a business step by step.
- Tax office: Tax registration and the ELSTER questionnaire.
- Account and insurance: Business account and bank account for minors, Insurance for small businesses.
- Bookkeeping: Cash-basis profit statement (EÜR).
- Invoices: Invoice as a small business.
- Yearly taxes: Tax return for traders: deadlines.
See also: Small business as a minor: overview, Frequently asked questions about a small business as a minor