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Opening a business in Germany

Opening a business in Germany

Quite attractive for domestic investors among European countries is Germany. In this country, it is rather beneficial not only to invest in residential real estate, but also to open its own business.

This is due to the presence of a loyal state policy on entrepreneurs in the country, which welcomes foreign investment in the German economy and does not impose any special conditions on foreigners.

Germany is also attractive to investors, above all, its high level of economic and political stability. In addition, the organization of its own business on the territory of Germany gives the entrepreneur the opportunity to obtain a tax exemption. Until recently (about a year ago), in order to acquire NGL, it was necessary to make an investment in the form of a company with a charter capital of at least 250 thousand euros and providing jobs for five or more residents of the country.

To date, this norm has been simplified, which has opened the door for smaller investors as well. Permits for opening a business are now issued by local governments, and a potential businessman will only have to submit a well thought out real business plan, and prove the significance and benefit of this business for the region in which the company is planning to open. Agree, such a scheme is quite reasonable.

In Germany, all our ways and opportunities are open to our businessman. It does not matter if you want to go for a car or open a confectionery or souvenir shop.

If you have seriously decided to open your business in Germany, you would not be prevented from pre-registering yourself as a responsible businessman and a conscientious taxpayer, confirming the seriousness of your intention to organize your own business. To do this, you can acquire a real estate object in the region of interest and regularly pay all taxes on it, in addition you can actively participate in the social life of the region and engage in charity - this will allow you to gain a good reputation and confidence of local authorities. And before submitting a request for a residence permit or purchase a large object - a shopping center, entertainment complex, etc. - in the eyes of the local authorities you will already have some recommendations and authority, being a law-abiding prospective investor, and this will greatly simplify the procedure for obtaining permission to open your business in Germany.

Today, the most promising business areas in Germany include hotels, trade organizations and medicine.

But nevertheless, planning a business organization abroad is best if you have good business experience in your country.

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