Germany Entrepreneur Visa FAQs
Are there any restrictions on foreign investments in Germany?
There are generally no restrictions or extra requirements put on foreign investors planning to establish a business in Germany. The same legal conditions apply for foreign and local entrepreneurs. Germany favors freedom of foreign trade and payments, as laid down in the Foreign Trade and Payments Act (AWG).
Do I need a special visa to handle the formation of my new company?
For most activities in the formation phase of your business, a Schengen Travel Visa (in this context often referred to as a “Business Visa”) is sufficient. It enables the holder to stay in Germany for up to 3 months per half year. EU citizens do not require a visa. If you are planning to stay in Germany for a longer period of time, or if you plan to start working within 3 months, then a different type of visa will be required.
What form of company will best fit my needs?
Foreign investors can select from a variety of legal forms for conducting business in Germany. There are certain criteria which are decisive for choosing the most suitable legal form for your planned business activities.
How can I finance my investment project?
Investors can choose between different forms of equity and debt. A combination of such instruments is usually recommendable, depending on the investment project. Financial institutions such as banks, private equity companies, and venture capital firms offer these instruments to finance investment projects.
Is my investment project eligible to receive public funding?
Public funding programs are generally open to any entrepreneur with a registered business in Germany. An investor’s country of origin is irrelevant when it comes to determining a project‘s eligibility for public funding. Decisive criteria are the size of the parent company, the location of the planned investment, and the scope of the investment project. There is a broad variety of funding programs available that can either take effect during the investment process or after the investment has been settled.
Where can I find qualified employees?
Employers can contact the Federal Employment Agency, which operates more than 800 job centers throughout the country. They offer comprehensive recruitment support, from pre-selecting applicants to managing assessment centers. All services are free of charge.
Can I get health insurance in Germany? How does it work?
Yes, the German health system is open to foreigners. Its health service is held in high regard worldwide, as it ensures excellent medical care for all citizens. People who are self-employed in Germany generally need to get private insurance.
Where can I get information about potential business partners in Germany?
The German business portal iXPOS connects entrepreneurs of all industries seeking new business partners. Industry associations can obtain detailed information on various sectors of German industry. They provide in-depth industry insight and relevant data and statistics, and they generally have good contact to political and economic decision-makers.