Gründung

Founding of companies by foreign applicants

The residence permit for the purpose of taking up self-employment is to be requested from the responsible aliens' authority. The business concept will be checked with regard to the expected profitability on the basis of the following criteria:
  • There is an economic interest or a regional need,
  • It can be expected that the activity will have positive effects on the economy and
  • The financing of the implementation is secured by equity capital or by an approved credit
The following documents are to be submitted to the responsible aliens authority:

1. Business plan in German

  • Description of the planned business activity including the
    1. Existing customer contacts in Germany/Europe
    2. Number of employees and their areas of responsibility
    3. Business experience of the applicant
  • Investment plan
  • Earnings forecast
  • Capital requirement plan
  • Liquidity plan
You will find samples on the page “Finanztool” (in German).

2. Proof of capital

  • Bank statement or credit approval of a bank

3. Curriculum vita including

  • School/university certificates
  • Training certificate
  • professional career including working certificates / references

4. Languages (Proofs)

  • German
  • English

5. Articles of association, if necessary in draft form
6. Extract from Companies' Register
7. Business registration, if available
8. Managing Director's contract
9. Details about the parent company

  • Business licence (translated and certified)
  • Certificate of a foreign chamber of trade or comparable institutions (translated and certified)

10. On entry into an existing company or in the event of a company take-over additionally

  • Extract from the companies' register
  • Purchase contract and valuation of the inventories on the relevant date
  • Balance sheets/Annual accounts for the last three business years
  • Current business evaluations (BWA) of the tax consultant

11. Foundation of a representative office/dependent branch

  • A "Letter of Appointment" (translated and certified) authorizing the applicant to open an office.