Anyone who runs the business of a pawnbroker or a pawnbroker needs a permit. Pawnbrokers grant money loans and receive a movable object or securities as collateral as collateral. Costs and interest will be charged for the loan. The costs that may be charged are set out in the pawnbroker ordinance. Pawnbrokers grant an advance payment and receive the pawns in return, which are then pledged to a pawnbroker in their own name.
Identity card or passport with the last registration certificate, certificate in tax matters, certificate of good conduct for authorities, extract from the central trade register, if necessary extract from the commercial register, proof of liability insurance according to § 8 pawnbroker regulation, proof of financial capacity (e.g. financing commitment from the bank or sustainability certificate)
The license to operate the business of a pawnbroker is valid throughout the Federal Republic of Germany. The pawnbroker must notify the competent authority of the start of the business and any change in the rooms used. The pawnbroker is obliged to keep accounts.
155 EUR to 255 EUR, to be paid upon application.
§ 34 Trade Regulations (GewO)
Keywords: Pawnbrokers, permit Pawnbroker, permission
Last updated: 07.10.2024