Can a foreigner set up a company in Germany?

In general, not only EU-residents, but also a non EU-resident can set up a company in Germany. The easiest and most common company type to set up is a GmbH, the German version of a Ltd.

A GmbH can be optained in two ways:

  • Establishment of a fresh company
  • Purchasing of a shelf-company

The advantage of buying a shelf-company is that such a company would already have a bank account, which avoids the problems many EU-foreigners are facing when setting up a fresh bank account their GmbH. In addition, it is also usually faster for a Non-EU-resident to purchase a shelf-company then to freshly establish a company.

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Note: Information provided in this Knowledge Database is for orientation only and not binding.