Any foreign national who wishes to invest, open a business, company, or enterprise in Germany and actively contribute to its success on-site requires the relevant permit. The sought-after endorsement “Self-employed activity permitted” can be granted if the entrepreneur already holds a residence permit or settlement permit in Germany. However, it can also be issued for the establishment of a new company or, depending on the specific circumstances, upon entry as a managing partner.
Detailed Planning is Essential for Every Business
The issuance of residence permits for self-employed activities is governed by Section 21 of the Residence Act (AufenthG). This section briefly outlines the requirements a company founder must meet to enter Germany and establish a medium or long-term stay. The proposed activity must address an economic or regional need, be expected to have positive effects on the economy, and demonstrate secure financing. However, the devil is in the details: what sounds simple primarily requires comprehensive preparation of evidence and business documents. The business plan to be created is particularly crucial, covering aspects such as financing, sales expectations, employees to be hired, and market analysis.
Precise Market Knowledge Makes the Difference
It is especially important to understand not only the legal text but also the requirements of case law and administrative practice – meaning, how embassies, consulates, and immigration authorities evaluate and decide. With our expertise in both company formation and immigration law, we are happy to inform you about the requirements for your business, as well as the strategies available to meet them.
Once your business is planned, we are available to help facilitate your entry!