Your first steps

First think about whether you have what it takes to be self-employed.

Self-employed people are either business people [Gewerbetreibende] or they belong to the liberal professions [Freie Berufe]. Different rules apply to these two categories

"Labour mobility" and "freedom of trade" apply within the EU member states.

Before setting up your business, you should get as much advice and information as possible. Many of the information and advice services on offer are free. Financial support is also available to help with the costs for consultancy and training services.

How can you transform your business idea into reality? This is the question you need to answer in your business plan.

How much money do you need for your start-up? Many people starting out in business fail to calculate correctly, underestimating how much money they will need during the start-phase until revenue is generated.

Before you launch your new company, you will need to look after a number of formalities, for instance, registering with the Trade Office and applying for a tax number.

A legal structure is like the solid backbone for your company. You can choose between the different legal structures. Each type comes with its own procedures, costs and liability rules.

You should consider the topic of taxes even before you start up your company. Without a tax number, you can neither generate revenues nor issue invoices.

Check which insurance you will need for your company. You should also answer questions regarding your personal health and pension provisions.

Entrepreneurs often have to deal with contracts.