Starting a Business in Germany

Nowadays, many people are attracted by the prospects for development in other countries. The issue of immigration to Germany is especially relevant when a person faces the impossibility of doing business successfully in their own country for various reasons. Starting a business in Germany is very beneficial. Moreover, during the difficult period of the pandemic, the state supported small and medium-sized businesses like probably no other country in the world.

We reviewed the main advantages of setting up a business in Germany and how we help business immigrants in one of our previous videos. And today, we are going to talk about the situations when you should probably drop the idea of company registration in Germany.

Our company, Nexus-Europe GmbH, provides services for company formation in Germany to ensure a successful business start. We know everything about business immigration to this country and professionally help with business development. If you want to know how to start a business in Germany, get advice and an individual solution for starting a business in Germany, you just need to contact us.

Who should not open a business in Germany

1. Forget about starting a business in Germany if your only goal is getting a residence permit.

Opening a company without an actual activity will not be reason enough for a residence permit that would enable moving to Germany for you. To apply for it, your company has to meet special requirements. Such as regional demand, positive effect on the economy of the country and others. To meet those requirements, you need to develop your business and invest in it. Nexus-Europe GmbH specialists know all about the difficulties of business immigration. By contacting us, you open up great prospects for successful development and life in an advanced country.

Watch this video to learn about 7 no-goes when starting a business in Germany

The German business culture is a very important topic. Germans have their very own lifestyle and mindset. They are not used to accepting dubious “arrangements”, granting privileges and changing their established work pace and methods by request. For Germans, all people are equal, no matter their status or situation.

Our experts will help you diplomatically and efficiently remove sharp edges and optimize the work scheme. We work with respect to the local mentality, specialists and organizations and to the German business culture in general. If you find it difficult to respect someone else’s rules and be unable to change the situation, then you should give up on the idea of starting a business in Germany and immigrating to Germany.

3. Forget about starting a business in Germany if you are used to getting everything right here and right now.

In Germany, it is almost impossible to solve an issue quickly. For foreigners, local government structures, employees, clients and partners may seem to be slow and sluggish. Often, one needs to wait for an appointment with a competent specialist and even a doctor for a month at best. Government authorities can consider applications for several months. In terms of mentality and the German business culture, German partners are also very methodical and careful. Being pragmatists and perfectionists, they carefully weigh each decision and think ahead. Doing business in Germany might be slow but well-thought-through.

From our many years of experience, this factor is one of the main reasons for the irritation of foreign entrepreneurs. If you are used to a fast pace of work and need solutions right now, then Germany is not for you. However, you can turn this disadvantage into an advantage for your business. You can offer a quick execution of work on the market, and this way distinguish yourself from competitors.

4. Forget about starting a business in Germany if you are against bureaucracy and conservatism.

Germans have a strong sense of responsibility when it comes to certificates, permits and other official documents. Such documents are needed here for literally everything, and there are long queues to authorities to get them. Moreover, the Germans are very conservative. In many countries, entrepreneurs are constantly on the lookout for improvement, but Germans aren’t. Having got used to working according to one scheme and clear instructions, they will not change them at your request. Even if you offer a more rational way.

5. Forget about starting a business in Germany if you expect super high profit.

Most of the businesses in Germany are low margin businesses. Businessmen in Germany are focused on sustainability and working in the long-term in the first place, and their businesses pay off only after a while. Specialists of Nexus-Europe GmbH help you adapt your business ideas to the German market and minimize the costs. If your project is beneficial for Germany, we can help you get government support, incentives and even financing.

6. Forget about starting a business in Germanyif you find it acceptable to get around the law.

Employee rights in Germany are protected by law. It is rather difficult to hire qualified specialists. Such specialists are used to being respected and will not put up with unpaid overtime, contradictive instructions or adapt to the foreign employer’s mentality. However, with the right leadership and approach, you can hold on to the German business culture and create a truly reliable and results-driven team.

7. Forget about starting a business in Germanyif you are not ready to treat your employees with respect.

Employee rights in Germany are protected by law. It is rather difficult to hire qualified specialists. Such specialists are used to being respected and will not put up with unpaid overtime, contradictive instructions or adapt to the foreign employer’s mentality. However, with the right leadership and approach, you can hold on to the German business culture and create a truly reliable and results-driven team.