How to List Your Company on the Frankfurt Stock Exchange in 2026

Why List on the Frankfurt Stock Exchange?

The Frankfurt Stock Exchange offers unparalleled opportunities for companies seeking capital and international visibility. As the largest stock exchange in Germany and one of the most significant in Europe, it provides access to deep pools of institutional and retail capital.

Benefits of Listing

Access to Capital

Companies listed on the Frankfurt Stock Exchange can tap into billions of euros in investment capital from European and international investors.

Enhanced Credibility

A Frankfurt Stock Exchange listing signals financial transparency and adherence to rigorous regulatory standards, enhancing corporate reputation.

Liquidity and Valuation

Public listing typically improves stock liquidity and can enhance company valuation through transparent price discovery.

Listing Requirements

Prime Standard Requirements

• Minimum free float of 25%
• At least 10,000 shares outstanding
• Three years of financial statements under IFRS or US GAAP
• Quarterly financial reporting
• English and German language requirements

General Standard Requirements

• Minimum free float requirements apply
• EU-harmonized transparency requirements
• Annual and semi-annual reporting

Scale Segment (for SMEs)

• Minimum market capitalization guidelines
• Lighter reporting requirements
• Designated sponsor requirement

The Listing Process

Phase 1: Preparation (6-12 months)

• Engage legal and financial advisors
• Prepare prospectus documentation
• Conduct due diligence
• Structure corporate governance

Phase 2: Application (2-3 months)

• Submit listing application to Deutsche Börse
• Regulatory review process
• Prospectus approval by BaFin

Phase 3: Marketing (2-4 weeks)

• Investor roadshow
• Book building process
• Price determination

Phase 4: Listing

• First day of trading
• Stabilization period
• Ongoing compliance

Costs and Considerations

One-Time Costs

• Underwriting fees: 3-7% of proceeds
• Legal fees: €500,000 - €2,000,000
• Prospectus preparation and audit fees
• Listing fees to Deutsche Börse

Ongoing Costs

• Annual listing fees
• Compliance and reporting costs
• Investor relations expenses

Frequently Asked Questions

Q: How long does the Frankfurt Stock Exchange listing process take?

A: The entire process typically takes 12-18 months from initial preparation to first day of trading. Well-prepared companies with clean financials may complete the process faster.

Q: What is the minimum company size for listing on the Frankfurt Stock Exchange?

A: Requirements vary by segment. The Scale segment accommodates smaller companies with market capitalizations from €30 million, while Prime Standard typically suits larger companies with market caps above €100 million.

Q: Do I need a German entity to list on the Frankfurt Stock Exchange?

A: No, foreign companies can list on the Frankfurt Stock Exchange. Many international companies maintain their legal domicile abroad while listing depositary receipts or shares directly on the exchange.

Conclusion

Listing on the Frankfurt Stock Exchange represents a transformative opportunity for growing companies. With proper preparation and expert guidance, businesses can successfully access European capital markets and accelerate their growth trajectory.