B2B DEBT COLLECTION IN GERMANY

B2B debt recovery has its own characteristics, which you need to consider when preparing the case for commercial debt recovery. Every collector needs to know those kinds of things such as access to the information about the debtor's finances, structure of the debtor's company and other important points.

As a rule all the LLC's in Germany have to register with the Commercial Register where they are domiciled. It is pretty helpful to have a check of the statutory capital and to check the status of the debtor's company, which is very important in collecting debt from a business.

First-look information concerning the debtor can be gained of its structure. Sole Proprietorships have full liability for the debts. In Civil Law Partnerships the liability of the partner is unlimited. LLC's is a well-spread form of the businesses (minimum statutory capital should be EUR 25,000 and shareholder's liability bound to their share). JSC's (Joint-Stock Companies) are one of the most popular legal structures for large businesses (minimum statutory capital of EUR 50,000, liability bound to the capital).

Investors from abroad relatively rarely use such forms as partnerships, trusts, cooperative companies and business associations. Additionally, it's necessary to note that foreign companies may set up a registered commercial branch office or representative office.

Receiving money from the German company is a relatively easy issue. DSO (Days Sales Outstanding) is 30 days on average. It is because of the good consciousness of the German partners, as they would like to keep their credit history as clean as possible.

In this regard, a B2B debt collection agency can consider all the mentioned above information (and others, as a phone number which is better to contact) and get back credit for their clients. Professionalism, achievements and peculiarities of their corporate debt collection services are the characteristics, which you need to consider when you are choosing a commercial collection agency to help yourself in receiving the payment from the debtor.

CIS DRS already helps companies to have their bill paid for more than 10 years. During all this time we have achieved a place among 100 of the best debt collection agencies in the world. It is all due to our "excellent client service" approach, financial results and personal connections in many countries with the local partners, who can help you to find solutions for the debt recovery all over the world.

We are sure that you will enjoy our cooperation, and we will be happy to increase your income and to save what you earned.

Please fill in the form below to get contacted and submit your debt recovery request.