Landungsbrücken

Pawnbroking business, permit

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...

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.

Important notes

Documents required

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)

Please note

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.

Procedure & Fees

Fees

155 EUR to 255 EUR, to be paid upon application.

Legal notes

Legal basis

§ 34 Trade Regulations (GewO)

Public Service Disclaimer

Please note: This service on hamburg.com uses machine translations powered by Google. Some content may not be translated accurately or reliably. The translations are constantly being improved. If you have any issues with Google Translate, please visit https://translate.google.com/support.