Pawnbroking business - Apply for a licence
Anyone who works commercially as a pawnbroker or pawnbroker requires a licence.
Course description
Pawnbrokers grant loans of money and receive a movable object or securities as collateral as a "pledge". Costs and interest are charged for the loan. The costs that may be charged are set out in the Pawnbroker Ordinance.
Pawnbrokers grant an advance and receive the pledged items in return, which are then pledged to a pawnbroker in their own name.
When you apply for a pawnbroking licence, you must state the premises where the business will be carried out and keep the trade authority informed of any changes in location.
Required documents
- Identity card or passport
- for legal entities: Extract from the commercial register (with all entries) in copy
- Proof of funds
- Curriculum vitae
Other documents requested directly by the trade authority:
- Certificate of good conduct
- Extract from the central trade register
- Information from the local insolvency court
- Information from the local court enforcement court
- Statement from the Chamber of Industry and Commerce
- Information from the public prosecutor's office and criminal investigation department
Questions & Answers
In the case of non-German nationals (especially those from outside the EU), the provisions of immigration law must be observed when taking up self-employment. Information can be obtained from the Foreigners Office.
If the applicant has a criminal record, disorderly financial circumstances or other serious negative findings about the applicant, the permit may be refused.
Legal basis
§ Section 34 of the Trade Regulation Act, Pawnbroker Ordinance
Gewerbeamt
Internet address
Phone number
Consultation hours
- Mon 07:30 - 15:30
- Tue 07:30 - 15:30
- Wed 07:30 - 15:30
- Thu 07:30 - 15:30
- Fri 07:30 - 13:00
-
Sat
Closed
(Allerheiligen: Office hours may vary) - Sun Closed
Postal address
Gewerbeamt
Ruppertstraße 19
80466 München
Fax: +49 89 233-45173
Address
Implerstraße 11
81371 München
By appointment only