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6 Ways to Stay Financially Stable as a Freelancer in Germany
AKA how not to go broke as a business owner or freelancer in Germany. ;) Here are some of my top recommendations for staying one step ahead of natural calamities, freak accidents, non-paying clients or sudden sickness. And ensure that you can live a safe, and secure emotional and financial life in a foreign country. Some may call them necessary evil - but these essential insurances for freelancers in Germany can really keep you afloat in times of crisis.
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All You Should Know About Corona Soforthilfe (Emergency Aid) For Freelancers in Germany
The German government is offering aid to help businesses, entrepreneurs and freelancers during corona crisis. Here is an overview of emergency aid for freelancers in Germany.
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How to Deal With Unpaid Invoices in Germany? (AKA How to Send a Mahnung to Your Clients)
Is your German client not paying you? What is the official dunning procedure and etiquettes for unpaid invoices in Germany? Learn how to write a friendly reminder and Mahnung to your German client. !Don’t forget to download the payment reminder samples at the end of this post! The freelance life can be hard on bank accounts. Drastic irregular income makes solid budgeting almost impossible. Do you know what makes this even more difficult? Clients who don’t pay on time. Last fall I secured a large budget project with a corporate client. Long story short, after paying the first milestone promptly, they missed the payment deadline for the second and…
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How to Choose a Business Account in Germany as a Freelancer (2020 Edition)
Traditional national banks, direct banks or one those new Fintechs apps offer a wide variety of business accounts in Germany. Which account suits you the best depends on many factors. Find out more in this post.
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What is scheinselbstständigkeit or Fake Self-Employment in Germany (& How to Avoid it)?
What is Scheinselbstständigkeit or fake self-employment in Germany? Every freelancer in Germany should avoid Scheinselbstständigkeit or ‘fake self employment’ at all costs. Here is what you should know about it. Scheinselbstständigkeit or fake self-employment in Germany is an inadvertent trap for freelancers and businesses. When caught – the status of the freelancer can be withdrawn and the client can be asked to pay social security contributions retroactively, which can sometimes run into massive figures. The regulation of freelancers with fake-self-employment in Germany has increased considerably in recent years. Despite this, it remains a grey area. So how do you know if you are involved as a fake-freelancer or scheinselbstständigkeit in Germany?…
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7 Essential Tools & Insurances for Freelancers in Germany
Are you a freelancer in Germany or want to become self-employed soon? Here is an overview of essential tools and Insurances for Freelancers in Germany.