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Termination of business

An entrepreneur may, for various reasons, decide to abandon the business or business or fundamentally rethink the business idea.

Further information on trade deregistration

What steps do I need to take?

Regardless of the reasons for quitting your business, you will need to notify the entity where you originally registered your business of the operational task. The following steps must be observed:

  1. Deregister your business. You can find out which documents you need to submit for [trade deregistration](/company management/company termination/business deregistration-online/) in our information offer on trade deregistration.
  2. If necessary, have your entry in the craft roll deleted.

Find a successor

For many company owners, the search for the right successor is one of the most difficult stages on the way to an orderly succession plan. Contacts with qualified managers and potential partners or buyers are in the foreground. On the other hand, many future entrepreneurs prefer to start a business as a partner or the entire acquisition of a company instead of starting a new business. Therefore, you also need contact with adequate providers.

This is where the nexxt-change business exchange, a joint initiative of the Federal Ministry for Economic Affairs and Energy with the Kreditanstalt für Wiederaufbau as well as various associations, institutions of the economy, the credit system and the liberal professions, comes in. In this nationwide largest company exchange, all regional offers and demands are merged and published.

Registration requirements Company termination

With the deregistration of the trade, the trader completely ceases his/her commercial activity. In the case of companies, the deregistration must be carried out by all shareholders.

Craft roll/card

If an undertaking intends to give up all or part of its craft activity or if the conditions for the exercise of an independent craft business as a standing trade are no longer met, a deletion from the craft role or the list of holders of non-licensed crafts or craft-like trades must take place.

Order for district chimney sweep Cancellation

Would you like to resign as an authorised district chimney sweep? To do so, you must contact the competent authority.

Approved professions medicine, dentistry, pharmacy and psychotherapy - Approbation / waiver

If you want to do without your approval for one of the following job titles, different measures are required. The correct procedure for your profession is shown below. There you will also be forwarded to the body responsible for your waiver.

  • Dentist
  • Pharmacist/pharmacist
  • Doctor/physician
  • Psychological psychotherapist
  • Child and adolescent psychotherapist
  • Psychotherapist