World Watch/Germany/Starting a Business

Starting a Business · Germany

Starting a business in Germany: foreigner's guide (2026)

ModerateCompany formation governed by the German Commercial Code (HGB) and form-specific statutes (GmbH-Gesetz for the GmbH/UG); business registration via the Gewerbeordnung (Gewerbeanmeldung at the local Gewerbeamt). Foreign investors face no general ownership ban but are subject to FDI screening under the Außenwirtschaftsgesetz (AWG) / Außenwirtschaftsverordnung (AWV), administered by the BMWE. Non-EU founders also need a residence permit for self-employment under Section 21 AufenthG.Country index 90 · A+

Germany shaded by its starting a business status

Germany is fully open to foreign ownership — there are no general nationality or ownership limits, and a non-resident can own 100% of a German company. However, formation is procedurally demanding: mandatory notarization of the articles, entry in the Commercial Register, GmbH minimum share capital of €25,000 (half paid up before filing), plus trade-office and tax-office registrations, with a typical timeline of several weeks. Non-EU/EEA nationals who want to actively run the business additionally need a Section 21 residence permit, which adds significant time.

Key points

No general foreign-ownership limit

Germany imposes no general restriction on foreign ownership of companies; a non-resident or foreign entity may hold 100% of a German GmbH. Acquisitions are only reviewed case-by-case under FDI screening (≥25% voting rights for non-EU investors generally, ≥10% for critical infrastructure and defence/security-relevant sectors).

Minimum capital

A GmbH (limited liability company) requires €25,000 share capital, of which at least €12,500 must be paid in before registration. The UG (haftungsbeschränkt), or 'mini-GmbH', can be founded from €1 but must retain reserves until it reaches €25,000.

Mandatory notarization + Commercial Register

The articles of association (in German) and the formation must be notarized by a German notary, who files for entry in the Commercial Register (Handelsregister) at the local district court; the company legally exists only upon registration.

Setup steps and timeline

Core sequence: (1) draft & notarize articles, (2) open a German business bank account and deposit capital, (3) notary files entry in the Commercial Register, (4) register the trade with the local trade office (Gewerbeanmeldung, fee ~€20–60), (5) register with the tax office via ELSTER and obtain tax/VAT numbers. Forming a GmbH typically takes several weeks.

Residence permit for non-EU founders

EU/EEA/Swiss nationals enjoy freedom of establishment. Non-EU nationals who will actively manage the business generally need a residence permit for self-employment under Section 21 AufenthG, requiring a business plan demonstrating economic benefit; pure (non-managing) shareholders typically do not need a permit. This adds weeks to months.

FDI screening framework

Foreign investments are screened by the BMWE under the AWG/AWV on national-security/public-order grounds. Most sectors are not pre-notifiable, but cross-sectoral review can apply to non-EU acquisitions of ≥25% voting rights, and ≥10% for critical infrastructure and certain technologies; defence/security acquisitions ≥10% are mandatorily notifiable.

Timeline - major decisions & events

Jan 1, 2025lawofficial
Fourth Bureaucracy Relief Act (BEG IV) takes effect

Germany's BEG IV reduced red tape for businesses, allowing text-form (digital) employment contracts and long-term commercial leases instead of wet-signature documents, easing the administrative burden of setting up and running a company.

Bundesgesetzblatt (Federal Law Gazette)
Jan 1, 2024lawofficial
Partnership Law Modernization Act (MoPeG) enters into force

The MoPeG overhauled German partnership law for the first time in over a century, granting civil-law partnerships (GbR) statutory legal capacity and creating a voluntary public partnership register (eGbR), clarifying a major founding option for small businesses.

Deutscher Bundestag (DIP)
Aug 1, 2023law
DiREG extends online formation to non-cash and amendments

Supplementing DiRUG, the DiREG allowed online notarized formation of GmbH/UG via non-cash (in-kind) contributions and online articles-of-association amendments and capital increases, widening the scope of fully remote company formation.

Heuking
Aug 1, 2022lawofficial
DiRUG enables online GmbH formation via video notarization

For the first time, founders could incorporate a cash-funded GmbH/UG entirely online through a video conference with a notary using electronic eID identification, ending the requirement of physical presence at the notary's office.

Bundesnotarkammer (Federal Chamber of Notaries)
Oct 2, 2018lawofficial
EU Single Digital Gateway Regulation (2018/1724) adopted

The regulation mandated online access to key administrative procedures—including registering a business—across the EU, reinforcing Germany's Points of Single Contact and online trade-registration access for founders.

EUR-Lex (European Union)
Nov 1, 2008lawofficial
MoMiG modernizes GmbH law and creates the UG (mini-GmbH)

The most sweeping GmbH reform since 1892 introduced the Unternehmergesellschaft (UG, haftungsbeschränkt) that can be founded with as little as €1 in capital, dramatically lowering the entry barrier to a limited-liability company in Germany.

IHK Region Stuttgart (Chamber of Commerce)
May 10, 1892lawofficial
GmbH Act (GmbHG) enacted, creating the limited liability company

Germany pioneered the private limited liability company as a lighter-regulation alternative to the Aktiengesellschaft; the GmbH (minimum capital later set at €25,000) remains the dominant corporate form for German businesses today.

Bundesministerium der Justiz (gesetze-im-internet.de)
Jun 21, 1869lawofficial
Gewerbeordnung establishes freedom of trade (Gewerbefreiheit)

The North German Confederation's Trade Regulation Act enshrined the right to start and operate a business; its §14 trade-registration (Gewerbeanmeldung) requirement still governs how sole traders and businesses register today.

Bundesministerium der Justiz (gesetze-im-internet.de)

Germany - other topics

Last verified 5/23/2026 · Orientation, not legal advice - verify against the primary sources linked above. Explore the full world map →