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Consultinghouse is committed to supporting its international clients in every single phase of their market entry process. Please find an overview about the Consultinghouse market entry solution framework for Germany as follows:
To receive a signature from a German notary might eventually go very quickly, however, German banks as well as German authorities will most likely challenge foreign companies with additional questions and can seriously block the incorporation process. Please note that every German legal entity also requires a German bank account.
For this reason, the timeframe of a successful incorporation process is subject to the individual business objectives as well as to the complexity of your underlaying business model.
To provide a rough guideline, approximately four to six working weeks have to be taken into consideration to have a new legal entity successfully incorporated in Germany. Please note that the actual timeframe is subject to the level of engagement between Consultinghouse and the expanding company.
Expanding a business to another market is a serious undertaking. For this reason, foreign companies need to take into consideration that the incorporation of a business in Germany represents an initial investment, however, the actual cost drivers to successfully develop business in Germany are mainly related to ongoing front-, as well as back-office activities.
Please find additional functions, that have to be considered pre-, as well as post the incorporation process of your German legal entity, as follows:
Consultinghouse has got the experience to support expanding companies, as well as foreign investors in opening a German bank account. We help expanding companies to design a tailor-made business plan which will minimize risk and at the same time, guarantee a successful implementation of the individual market entry strategy.
We want to grow along with our clients and for this reason our goal is to contribute to our clients successful from the very start. A well prepared entry strategy for the German market will guarantee sustainable growth within & across the European markets. Consultinghouse is committed to working very closely together with expanding companies to carefully prepare all required steps.
To learn more about our services and how we can create value for our international clients when doing business in Germany, please contact us by filling out the following form. You also can get in touch with us directly +49(0)6181 250330 or +49 (0) 176 658 974 68 or email@example.com
Once we have all required documents available the incorporation process may take 8 to 12 weeks.
Typical show stoppers these days are related to the opening of a German company bank account. For this reason, we recommend reaching out to a bank before starting the incorporation process. Having the managing director living in Germany and keeping the shareholder as simple as possible may help to speed up the bank opening process.
Also, the final registration with the German commercial register might take extra time and therefore may slow down the incorporation process by another 4 weeks.
We help you to assess the current phase of your business and to build your personal roadmap about how your business can start and grow in Germany.
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