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Guide: Establishing a Service Company
Latest Update: December 6, 2021
This is relevant for: Foreign planning to establish a service company, e.g. in sales/service/sourcing/ITO
🔭 Step 1: Identification of a location
Step 1.1: Compare cities, 👉 click here
Step 1.2: Look out for offices, 👉 click here
⏱ Two weeks
⚖️ Step 2: Establishing the Enterprise
Step 2.1: Calculate expenditures for the company, 👉 click here
Step 2.2.: FAQs on company establishment, 👉 click here
⏱ Three to six months
🙋 Step 3: Hiring Personnel
Step 3.1: Calculate personnel costs, 👉 click here
Step 3.2: Initiate hiring process, 👉 click here
⏱ Two months
⚙️ Step 4: Operating the Business
For FAQs and answers regarding regulatory matters, 👉click here
For FAQs and answers regarding HR, 👉 click here
How to improve employee retention, 👉 click here
Rough timeline for service company establishment in a best case scenario

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