Pawnbroking business - Apply for a licence
<p>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.</p>
<p>Pawnbrokers grant an advance and receive the pledged items in return, which are then pledged to a pawnbroker in their own name.</p>
<p>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.</p>
Broker Lateral Loan Money Ordinance Profession Professions Return businesses carried informed loans retail

# Pawnbroking business - Apply for a licence

## Summary

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

## Responsible Department

KVR
## 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](http://www.muenchen.de/dienstleistungsfinder/muenchen/1063565/)
* [Extract from the central trade register](http://www.muenchen.de/dienstleistungsfinder/muenchen/1064033/)
* 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

## Please Note

[**Online appointment booking**](https://stadt.muenchen.de/buergerservice/terminvereinbarung.html#/services/1063684)

## Fee Range

800 euros  

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

## Legal Basis

§ Section 34 of the Trade Regulation Act, Pawnbroker Ordinance

## Questions and Answers

 
### What is the situation for non-German nationals?

 

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.  
  
  


   
### Are there grounds for refusal?

 

If the applicant has a criminal record, disorderly financial circumstances or other serious negative findings about the applicant, the permit may be refused.  


   
## Further Links

* [General Data Protection Regulation](https://stadt.muenchen.de/infos/dsgvo-datenschutzgrundverordnung.html)
* [Pawnbroker regulation](https://www.gesetze-im-internet.de/gewo/__34.html)

## Keywords

* Broker
* Lateral
* Loan
* Money
* Ordinance
* Profession
* Professions
* Return
* businesses
* carried
* informed
* loans
* retail
