View of the Frankfurt skyline

Financial Centre Frankfurt

The Financial Centre Frankfurt is the gateway to Europe’s largest economy. More than 66,000 people are working in Frankfurt’s banking sector with its over 200 credit institutions – more than three quarters of which being foreign.

In the Global Financial Centres Index (GFCI), Frankfurt ranks among the world’s leading financial hubs. The Financial Centre Frankfurt is, however, not just a location for banking – it is a complete ecosystem, home to the largest German stock exchange with one of the internationally leading futures exchanges as well as a large number of financial services firms and international consulting companies. The city on the Main River is unique in the world, featuring two central banks: the European Central Bank (ECB) and the Deutsche Bundesbank. Frankfurt is a leading hub of financial regulation and supervision in the EU – with the European Insurance and Occupational Pensions Authority EIOPAOpens in a new window, the European Systemic Risk Board ESRBOpens in a new window, the Federal Financial Supervisory Authority (BaFinOpens in a new window) and the ECB’s supervisory arm, the Single Supervisory Mechanism (SSMOpens in a new window). The city has been chosen as the seat of AMLA, the EU’s new Anti-Money Laundering Authority which will soon begin operations.

Frankfurt’s financial sector profits greatly from the Frankfurt/Rhine-Main research and knowledge hub: Besides a talent pool of about 250,000 students, financial market players can draw from the expertise of more than 40 research institutions and universities, including renowned financial research institutions such as the Leibniz Institute for Financial Research SAFEOpens in a new window, the Centre for Financial StudiesOpens in a new window at the Goethe University Frankfurt or ATHENEOpens in a new window, the largest research centre for cybersecurity and privacy in Europe – a cooperation of Fraunhofer-Gesellschaft with the Technical University of Darmstadt, Goethe University Frankfurt and Darmstadt University of Applied Sciences.

The Financial Centre Frankfurt offers ideal conditions to further strengthen and expand its position among the top financial centres of the world. This is in particular due to ideal framework conditions: Frankfurt features an outstanding infrastructure and digital infrastructure by international standards, with one of the major airports in continental EuropeOpens in a new window and the world’s largest internet hub, for example. In addressing major future issues such as digitisation and sustainability, the Financial Centre Frankfurt is among the top global players, for example with the key location of the International Sustainability Standards Board (ISSB)Opens in a new window for corporate sustainability reporting or the BIS Innovation Hub Centre – EurosystemOpens in a new window of the Bank for International Settlements.

For the state government of Hesse, strengthening Frankfurt’s position as a financial centre has long been one of its key activities.

Established as early as in 2003, the Financial Centre Frankfurt Service Point was the first central point of contact for all organisations and their employees based in Frankfurt.

The Service Point Financial Centre Frankfurt is your essential point of contact for:

Assisting financial institutions in all matters relating to the clarification of any tax law-related issues

Financial institutions can contact the Service Point for issues and challenges related to tax law. We will connect you with the Hessian Ministry of Finance’s competent experts and the authorities in its remit.

Addressing key issues related to the financial centre with the state government

Institutions, associations as well as citizens are welcome to contribute suggestions concerning the financial centre and to contact us anytime. We welcome your ideas and if necessary, seek to expedite political decision-making. This also includes supporting the employees of EU institutions and EU agencies.

Any issues of a practical nature

Dealing with public administration can sometimes be difficult for relocating expatriates and foreign nationals. The Service Point provides advice and assistance in reducing the administrative burden.

We are strongly committed to providing the best possible service, either by helping directly or through establishing contact with a competent person.

Furthermore, the close ties between the Service Point and the Hessian Ministry of Finance ensure direct contact with the political leaders of the state of Hesse. The Service Point allows for enhanced interaction and communication between the Financial Centre Frankfurt and policymakers.