Are you from a non-EU country and do you hold a professional qualification or a degree? Then you can become self-employed on a full-time basis. However, you must first apply for a residence permit from the local German embassy in your country. You can find out which legal status you can apply for and how under "What do I need". The application process requires that you write a business plan. However, we strongly recommend that you draw up a business plan for other reasons too. You can read why here.
Here you will find the answers to the following questions:
What is a business plan?
Why do you need a business plan?
What does a business plan include?
What income and expenditure are you expecting?
Once you have written the description, you need to create a table showing your initial financial calculations. This table should include the following parts:
Please bear in mind that (i) the price structure, (ii) the income structures and (iii) the income and social security tax rates in Germany are different to those in your home country, and that you must also take this into account when calculating your living expenses. You should write this section in German.
You can download a German template to help you with this. The English and Spanish versions are there solely to help you with the language.
Please give us a call or send us an email if you have any questions!