Starting a Business in Europe as a Foreigner – Legal & Financial Checklist

Europe offers incredible opportunities for entrepreneurs — a single market, strong infrastructure, and high consumer purchasing power. But for non-EU founders, launching a business here means dealing with legal red tape, visa barriers, and complex tax regulations. Here's your step-by-step checklist to do it right.

Choose the Right Country

Not all EU countries are equally business-friendly. Estonia and the Netherlands are known for startup ecosystems and digital administration, while France and Germany offer large markets but more regulation. Your choice affects taxes, incorporation speed, and access to talent.

Secure the Right Visa or Residency

As a non-EU citizen, you may need an entrepreneur visa, investment visa, or start-up permit to legally operate your business. Requirements vary — some countries demand business plans, capital thresholds, or job creation. Legitum can help you qualify and apply.

Select the Right Legal Structure

From GmbH (Germany) to SARL (France) or BV (Netherlands), your company form affects liability, taxation, and compliance. Some require local directors or minimum capital. Choosing the wrong one can cost you more later.

Register for Tax and Social Contributions

After incorporation, you must register for VAT, income tax, and often social security schemes. Neglecting these steps can lead to blocked bank accounts, fines, or legal shutdowns. Make sure filings are handled properly from day one.

Set Up Banking and Accounting

Opening a business bank account as a foreigner can be tricky due to AML rules. Choose banks with international experience. Hire a local accountant to manage reporting and ensure compliance with EU digital invoicing standards and local tax law.

Protect Your Intellectual Property

Don’t forget trademarks, copyrights, or patents. The EUIPO allows registration across the EU, but enforcement varies. You may need additional registrations or contracts to protect your brand and technology in each market.

Conclusion

Europe is rich with opportunity, but legal preparation is key to success. Legitum offers end-to-end support — from visas to incorporation, contracts to compliance. Let’s build your European business the right way.