Welcome to Germany!

We are sure you will find the right environment for foreign business success in Germany, once you have an appreciation of the facts, laws, and initial steps:

  • German law makes no distinction between Germans and foreigners in connection with investments or the establishment of companies.
  • There is no specific investment legislation in Germany, nor is there a minimum percentage of German shareholdings required for a foreign investment within the Federal Republic of Germany.
  • Regulations relating to entry, residence, and employment in the Federal Republic of Germany vary depending on the entrant's: country of origin and the purpose of entry.
  • Before accepting gainful employment in Germany, all persons, without exception, must have a residence permit. A residents permit will not be granted without evidence that one has health insurance and the sufficient economic means (job, sponsorship, or registration of business) to satisfy his or her personal financial needs.
  • Establishing a business is a simple clear-cut procedure in Germany.

Registering a Business in Germany

Steps in Registering a Foreign Business in Germany

  1. Appoint consultants/auditors/legal advisors.
  2. Preparation of the necessary articles of association, power of attorney, resolutions and relevant declarations.
  3. Review admissibility of company's name with either a notary or the local chamber of commerce (Industrie- und Handelskammer)
  4. Notarization procedures.
  5. Payment of stated share capital into a primary bank account.
  6. Register the company in the commercial register (Handelsregister) maintained by the local court (Amtsgericht) of the specific district involved.
  7. Notify the local trade office (Gewerbeamt) of intent the commence business and to obtain certificate of registration (Gewerbeanmeldeschein). Special licenses are required for certain industries (e.g. food, pharmaceutical, manufacturing, financial, and transport).
  8. Register with the municipal trade tax office (Gewerbesteueramt) and the local tax office (Finanzamt).
  9. New businesses must also join the chamber of commerce for the area in which its head office is located.