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Opening a Consulting Business in Germany

Updated on Tuesday 10th May 2016

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Opening-a-consulting-business-in-GermanyThe consulting market in Germany

Together with the large number of foreign investors requesting consultancy for opening a company in Germany, a new market has emerged: the business consulting market. Even if offering business consulting services is present in Germany for decades, during the last few years this market has become more visible. According to a recent study, in 2015 the German consulting market has increased by 6% accounting for a total value of 25 billion euros. Studies also show that this segment will probably continue to grow considerably in the years to come as the demand for advisory services will also rise. According to a survey issued by a German consultancy association, the industry currently employs around 130,000 consultants.

Our German specialists offer personalized company formation and accounting services to international clients.

What are the main ways of starting a consultancy business in Germany?

There are two ways of starting a consulting business in Germany:

  • -          by registering a company;
  • -          by working as a sole trader.

There are over 15,000 consulting companies operating in Germany, at the moment. However, the number of sole proprietors providing business consulting services is on the rise. No matter the type of structure one wants to employ in order to set up a business consulting company, the first step is to register with the Commercial Register in Germany.

Our consultants in company formation in Germany can help you with the registration procedure for both types of legal entities.

Consultants associations in Germany

Following the registration of the company, one can hire specialists in the field they want to offer their consulting services, or they can affiliate to specialized associations for consultants. Among the most renowned business consulting associations in Germany are:

  • -          the Federal Association of Translators and Interpreters;
  • -          the German Association of Consulting Engineers;
  • -          the German Association of Tax Advisers;
  • -          the German Public Relations Association;
  • -          the Federation of German Management Consultants;
  • -          the German National Tourist Board.

For more information about providing business consulting services in Germany, do not hesitate to contact our local agents.

 

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