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Girls Guide to Germany Podcast - S1EP5: How to be an Entrepreneur in Germany

Welcome to Episode 5 of the Girls Guide to Germany Podcast! In this episode of Girls Guide to Germany, we’re diving into a topic many expats and internationals wrestle with—how to become an entrepreneur in Germany! Whether you’re dreaming of going freelance, starting your own business in Germany, or just want to know what it's really like to be self-employed in Germany, we’ve got you covered. Before you hand in that resignation letter you’ve been daydreaming about and say goodbye to the corporate grind, you might want to invest 20 minutes of your time to listen to this episode—because, spoiler alert, navigating self-employment in Germany isn’t as easy as it sounds. We’ll be breaking down the essentials—like how your visa status impacts starting a business, the types of business structures you can choose from (like Gewerbe, GmbH, and UG), and what you need to know about setting up a business. Plus, we’ll dig into the tricky stuff like health insurance for the self-employed and how taxes work when you run your own business in Germany. If you’re thinking about taking the leap to become your own boss, this episode is for you. Let’s make that dream of entrepreneurship in Germany a reality! Here’s your guide to what we’ll cover: 00:00 What is Girls Guide to Germany and what is BBA Community 00:50 A quick German language lesson (because why not!) 01:19 Introducing the topic of entrepreneurship in Germany 01:36 Hannah shares her story of becoming a freelancer in Germany 02:05 How your visa status affects you starting a business in Germany 03:35 Difficulties of being an entrepreneur in Germany vs. the USA 04:10 Different types of businesses you can start in Germany 06:39 Do you need a permit to set up a Gewerbe in Germany? 06:57 What is a GmbH and what’s the difference from having an UG? 08:46 How do you actually set up a business in Germany? 10:06 What costs should you consider when starting a business in Germany? 11:07 What happens to your health insurance when you’re self-employed in Germany? 11:57 What you need to factor in when calculating your freelance rates 13:21 Things to consider when hiring people for your business in Germany 15:24 Do US Americans need to worry about paying taxes in the US when owning a business in Germany? 16:01 Is it viable to open an English-speaking business in Germany? 17:28 Pros and cons of being a freelancer vs. having a job in Germany 19:27 Final thoughts on starting a business in Germany Thanks for tuning in to this episode on how to be an entrepreneur in Germany! We hope you found our insights helpful, especially if you’re considering taking the plunge into self-employment or starting your own business in Germany. Navigating the world of freelancing and entrepreneurship can be tricky, but it’s totally doable with the right info and mindset. If you have any thoughts or questions about becoming your own boss, we’d love to hear from you! Share your experiences or drop any questions in the comments. Don’t forget to subscribe and stay tuned for our next episode, where we’ll tackle even more exciting topics related to life in Germany. We’re here to help you make the most of your journey, whether you’re an expat or a local! Connect with Us: Join the BBA Community:   / bbacommunity_   Follow Cristi for more insights:   / cristijayo   Follow Hannah for tips on life in Germany:   / hannahteslin   Discover tips for living in Hamburg:   / hannahshamburg   Listen to the Girls Guide to Germany Podcast on the Go with: Spotify: https://open.spotify.com/show/2E3gzxP... ___ #lifeingermany #livingingermany #livinginhamburg #expatingermany Living in Germany, Living in Hamburg, How to become self-employed in Germany, Owning a business in Germany, To be an Entrepreneur in Germany VS the USA, Work life in Germany.