Foreign nationals who wish to invest, open a business, company, or enterprise in Germany and actively contribute to its success on site require the relevant permit. The sought-after endorsement “Self-employment 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 granting of residence permits for self-employment is governed by Section 21 of the Residence Act (AufenthG). This section briefly outlines what a company founder must fulfill to enter Germany and establish a medium or long-term stay. The proposed activity must meet 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 company documents. The business plan to be created is particularly crucial, covering financing, sales expectations, employees to be hired, and market analysis.
Precise market knowledge makes the difference
It is especially important to know not only the legal text but also the requirements of case law and administrative practice – meaning understanding 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 options available to meet them.
Once your business is planned, we are ready to help you realize your entry into Germany!