How much should I budget for office premises, staff, etc.?
Human resources costs
The annual income of white and/or blue-collar employees is determined by their qualifications and professional experience. Salaries and wages are paid regularly on a monthly basis. Depending on the sector, position, qualifications, experience and the number of hours worked a month, pay can range between 400 and several thousand euros a month. Of course these are only rough estimates. The local employment agencies will be happy to advise you on the going pay rates in specific sectors and regions.
Office and business premises costs
If you only need an office in Stuttgart for a few days or weeks, you would be best advised to contact an office services provider. Office rental depends on the size of the office, the equipment provided, and the services you require, among other factors.
If you are looking to rent offices and factory premises long-term, the following summary gives you an overview of average commercial rents.
Rents not only depend on property location but also on the services and facilities available. Offices are usually rented unfurnished.
The Indian Business Center in Stuttgart provides customised solutions specially for Indian companies looking to start up operations in Stuttgart and Baden-Württemberg.
- Indian Business Center Stuttgart Germany
Oskar-Lapp-Straße 2, 70565 Stuttgart
Mr. Matthias Fillibeck
phone: +49 711 78 38-35 90
fax: +49 711 78 38-86 35 90
Apartment rentals are determined by the location and quality of property. The rent index, which can be obtained from the Municipal Statistics Office, gives an idea of apartment rents in Stuttgart.
In addition you may have to budget for a lawyer and a tax accountant. Your lawyer or tax accountant will be happy to furnish you with an estimate.
The City of Stuttgart currently charges a fee of 20.50 euros for the registration of a business.