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Frage

I want to rent audio equipment. I have the registration to live in Germany. What steps do I need to rent legally my audio equipment? I am from Lithuania. What taxes and what regulations do I need to know?

Antwort

Thank you for your inquiry and your interest in setting up a business in Germany.

www.make-it-in-germany.com provides international professionals with information on working and living in Germany. Detailed information on studying or setting up a business are also available on “Make it in Germany”.

First of all, as a citizen of the European Union you are free to start up your own business. In Germany, there are two ways of setting up a business: You are either self-employed (“Gewerbetreibender”) or you are a freelancer (“Freiberufler”). You do not get a choice in this matter - it depends on your profession. Being self-employed or a freelancer makes a difference with regard to certain formalities and has an impact on your company’s legal structure. Read more about the two ways of setting up a business.

Germany supports entrepreneurs with a number of funding programmes. Most of these funding programmes consist of public loans, which offer you better conditions with regard to their interest, loan periods and repayment terms. In order to apply for such funding, your place of residence and your company’s operations must be located in Germany. On “Make it in Germany” you will find more information on financing and funding.

On the Startup Portal, under “advice and information”, you will find the contact information of regional and national information centres for entrepreneurs with a migrant background. A general contact list is also available on the Startup Portal.

Step by step information regarding setting up a business in Germany are available on the website "Make it in Germany".

* Please note:
The information presented here is a general service offering. Only the German missions and the foreigners’ authorities are responsible for the issuance of visa resp. residence permits. For further questions, please contact directly the respective authority.

Reference: Aiste Schiwy
Projekt „Make it in Germany“
Institut der deutschen Wirtschaft Köln e.V.
September 2019

Notes from the editor:

• BMWi-Existenzgründungsportal: English Version