The number of bankruptcies has fallen in the first half thanks to the robust economic growth significantly.
As the credit agency Creditreform Neuss announced, reported with 14 100 farms over 14 percent less than insolvency in the same period last year.
went the west, the number of bankruptcies decreased more than in the east. In contrast, the number of over-indebted consumers nationwide more significantly by 18 percent to 51 600 sufferers. In this case, the situation in eastern Germany drastic as in the old. Most clearly reduced the number of bankruptcies in the building where close in recent years, many companies had to. For service providers and trade the bankruptcies decreased significantly less. The number of insolvent small businesses with up to five employees rose to more than 78 percent.
The flight to seemingly simpler, foreign legal structures has exacerbated this trend: Of the 32 600 currently existing UK Limited is one in nine, according to Credit Reform broke. That's about twice as many as in the limited liability companies (GmbH) in Germany. To put a stop to the Cabinet in May has brought the reform of the GmbH Act on its way. This provides, inter alia, reduce the share capital from currently 25,000 to 10,000 euros.
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