Germany allows third-country nationals to take up self-employment if, among other things, there is an economic interest or regional need, the activity is expected to have a positive impact on the economy, and financing is secured (Section 21 of the Residence Act).
Key requirements for entrepreneurs/investors:
- Viable business plan with market analysis, scope of investment, and employment effects.
- Relevant entrepreneurial experience and qualifications.
- Proof of secured financing (equity, loan commitments, investor commitments).
- Positive recommendation from the relevant Chamber of Industry and Commerce or regional economic development agency.
Documents (excerpt): - National visa application, resume.
- Business plan, financial plan, proof of available capital.
- Articles of association/drafts, or, if applicable, incorporation documents.
- Proof of any partnerships with German companies.
In practice, many details are coordinated with the German Foreigners’ Office and the economic development agency; the application from Uganda should be as complete as possible, as the embassy forwards the documents.