Crowdfunding Platform For Berlin, Germany

Personal crowdfunding can be a powerful tool for individuals in Germany to fund their dreams and projects, but it’s important to approach it with responsibility and transparency. Always comply with the relevant laws and regulations, and provide a positive experience for your backers.  In Germany, personal crowdfunding is generally legal, but there may be tax implications depending on the nature of your project and the amount of money raised.

Here’s A Brief Overview Of A Crowdfunding Campaign:

1. Decide on your objective and the amount you want to raise. Who will gain from it? What is the purpose of the campaign? Answers to these questions should be written down.
2. Select the crowdfunding site that best fits your objectives and financial constraints. Consider what assistance you require in running your campaign and how the platform can assist you.
3. Setting Up Crowdfunding Campaign

• Register At WhyDonate 
• Input Fundraising Details 
• Tell Your Story 
• Customise Your Donation Page 
• Keep Adding Updates To Your Donation Page 
• Thank Your Donors

The crowdfunding tax depends on the project creator’s country location. For all individual project creators based in the European Union (EU), the VAT of their country of residency is applied to the commission rates mentioned in the above document. Consult with a tax advisor or legal expert to ensure you are in compliance with German tax laws.

Many Crowdfunding sites charge for fundraising, but If you are doing crowdfunding in Berlin, then WhyDonate is the best pocket-friendly choice. WhyDonate offers free donation page creation with no platform fee. However, there are some minimal payment processing fees that payment service providers charge to providers.