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Pawnbroking business - Apply for a licence

Pawnbroking business - Apply for a licence

Anyone who works commercially as a pawnbroker or pawnbroker requires a licence.

Contact

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.

Online appointment booking

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:

Duration & Costs

Fees

800 euros
In addition, there are fees for registering or re-registering the business.

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

Links & Downloads

Landeshauptstadt München

Kreisverwaltungsreferat
Hauptabteilung III
Gewerbeangelegenheiten und Verbraucherschutz
Gewerbemeldungen, Zentrale Dienste, Anmeldung ProstSchG

Internet

Phone

  • Mon 07:30 - 15:30
  • Tue Closed
    (Heiligabend: Consultation hours may vary)
  • Wed Closed
    (Weihnachten: Consultation hours may vary)
  • Thu Closed
    (Stephanstag: Consultation hours may vary)
  • Fri 07:30 - 13:00
  • Sat Closed
  • Sun Closed

Postal address

Landeshauptstadt München
Kreisverwaltungsreferat
Hauptabteilung III
Gewerbeangelegenheiten und Verbraucherschutz
Gewerbemeldungen, Zentrale Dienste, Anmeldung ProstSchG

Ruppertstraße 19
80466 München

Fax: +49 89 233-45173

Address

Implerstraße 11
81371 München

By appointment only

Directions

Public transport

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