The best way to conduct due diligence on German companies involves the following key steps.
Verify registration and legal status: Check the company’s registration in the Handelsregister (German Commercial Register) to confirm its legal status, registered address, and directors, or use Beauhurst to find the same information more quickly and easily
Review financial statements: Access financial records through Beauhurst or the Bundesanzeiger (Federal Gazette), where larger companies publish annual reports and other filings.
Assess reputation and compliance: Research the company’s reputation by reviewing news articles, customer reviews, and any regulatory records. Industry databases like Beauhurst can also provide risk and compliance insights.
Analyse market and competitor position: Use market research reports or platforms like Beauhurst to understand the company’s position within its industry.
By combining these resources, you can gain a thorough understanding of a German company’s financial health, compliance, and market standing.
