Our FAQ section is here to address your initial questions and provide insights as you explore the idea of establishing a presence in Frankfurt region, Germany. Feel free to reach out for more specific details and industry information tailored to your business needs.
Expanding your company to Germany provides access to a large and growing market, as well as highly skilled talent and advanced technology. Germany has a stable economy and is known for its innovation and quality products, making it an attractive location for companies looking to expand. The Greater Frankfurt region is located in the heart of Germany and is the perfect base of operations to service all of your clients in Europe. With an above average purchasing power of over 7% in Germany, we attract global players from all over the world that contribute to the economic strength of the region.
5+1 Reasons to choose Frankfurt region as your strategic business hub.
To streamline the process, consider partnering with a local agency specializing in human resources, executive search, or recruitment. Their expertise in hiring and recruitment can simplify your efforts. Start by exploring our database of service providers to identify a suitable partner. With Germany's robust labor market and talent pool, you're well-positioned to attract and retain top-tier professionals for your expanded operations. Make sure to connect with potential candidates through popular job platforms like Stepstone, Indeed, or LinkedIn. On top, you can collaborate directly with colleges or universities across the Frankfurt region. Reach out to us for support in establishing connections and contacts.
Launching the expansion of your company in Germany creates exciting opportunities. To ensure a successful expansion, it's important to navigate the legal and regulatory landscape. Fortunately, the process is well-defined and structured. Key legal requirements include registering your business with the local commercial register, obtaining necessary licenses and permits, and ensuring compliance with tax and employment laws. Additionally, depending on your business structure, you may establish a legal entity, such as a subsidiary or branch office. Rest assured, Germany's well-established legal framework provides clarity and guidance to support your company's growth and expansion goals.
The time required to set up a company in Germany can vary based on factors such as the legal form of the company and the efficiency of the registration process. On average, it takes between four to twelve weeks to complete the registration process and obtain all necessary permits and licenses.
The processing time for a visa application in Germany depends on the type of visa and individual circumstances. It can range from a few weeks to several months. It is recommended to apply for a visa well in advance of the planned travel date to allow sufficient time for processing.
The cost of setting up a company branch in Germany can vary based on factors such as legal structure, location, industry, and required professional services. As a rough estimate, setting up a limited liability company (GmbH) in Germany can involve costs ranging from around 1,500 to 5,000 euros depending on the shareholder’s background and structure. This includes legal services, notary fees and registration fees, not including any required capital contributions.
The GmbH is the most commonly selected type of company in Germany, which requires a minimum share capital of 25,000 euros. Out of this amount, at least 12,500 euros must be contributed for filing and registration in the commercial register. These capital requirements should be carefully considered and planned for when establishing a company branch in Germany. It is advisable to consult with a legal or business expert for a more accurate cost estimate based on your specific circumstances.
The Frankfurt region offers a diverse range of real estate options, from traditional office buildings to co-working spaces and business as well as industry parks. As the region’s official investment promotion agency, we have in-depth knowledge of the market and can help you identify suitable locations based on your specific requirements. We provide insights on factors such as infrastructure, transportation, proximity to customers, and availability of skilled labor.
Benefit from our site selection department.
We have a vast network of local stakeholders, including businesses, industry associations, research institutions, and government agencies and local government bodies. We connect you with relevant contacts and help you establish valuable partnerships to make your expansion a success.
We provide you with comprehensive market overview about the region. This includes economic data, industry trends and information on local regulations relevant to your business. We always tailor our support to your specific requirements.
Benefit from first hand information & guidance: Investment facilitation service
Once you establish in Germany e.g. as a GmbH (limited liability company), you become a German entity, which makes you eligible for various regional, federal, and EU grant programs. In addition there are a range of programs to support projects of national or EU wide significance (e.g. Chip act). Also incentives under the EU-NetZero legislation are currently being evaluated. Reach out and we will assist you by providing information regarding potential programs for your business.
Our investment facilitation services are free of charge.
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